Ride the Tiger with CD Message Board

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Strategies & Market Trends : Ride the Tiger with CD

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To: Cal Gary who wrote (200923)	7/15/2011 11:17:29 AM
From: Boolish	1 Recommendation Read Replies (5) of 313059

Yes I'm a little surprised PCY isn't getting more pull. They own 45% of NKL so the math isn't all that complicated. PCY has a much larger float though (near 200 mill)...and I think John Lee disappointed a few institutions with the promises on the coal project when it was trading north of a buck. I picked up the PCY yesterday at 65 so I'm even on it here. I'll see if it can hold above its 50 day. The coal project is still a pretty good one...a llittle positive news on that front and.....

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