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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (37053)	3/26/2010 10:06:39 AM
From: E_K_S	Read Replies (2) \| Respond to of 78670

CONSOL Energy Inc. Prices Public Offering of Common Stock siliconinvestor.com From the article:"...CONSOL Energy Inc. (NYSE:CNX - News), a producer of high-BTU thermal coal, metallurgical coal and natural gas, announced today that it has priced a public offering of 38,500,000 shares of its common stock at $42.50 per share. ..." ============================================================ Lots of new shares (21% new shares) offered at $42.50/share. If I can get some shares below this price, then I will add to my position. The company has some valuable assets in both coal and NG. CNX should also provide a good inflation hedge for the portfolio since they own a lot of assets under the ground which should increase in value if the $US falls in value. EKS