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

To: Paul Senior who wrote (40724)	12/21/2010 10:55:06 AM
From: Madharry	Respond to of 78688

im in rah rah mode today happy to see ibm over 145 and goog over 600. wondering whether i should take a small loss on my gm and bail. I was hoping to see more tax selling on ma/v.

To: Paul Senior who wrote (40724)	12/21/2010 12:57:38 PM
From: E_K_S	Respond to of 78688

Hi Paul - Here is another one that Wilbur Ross has interests in International Coal Group, Inc. (ICO). DECEMBER 20, 2010, 8:44 P.M. ET Massey Board Weighs Future online.wsj.com From the article:"...Billionaire investor Wilbur Ross could end up playing a pivotal role in Massey's fate. He is chairman and the second-biggest shareholder of ICG, which itself controls about 325 million tons of metallurgical coal reserves, and an outside director at ArcelorMittal. Mr. Ross declined to comment on ICG's interest in Massey, citing a company policy against commenting on rumored merger activity. "I do believe as a general matter that there will continue to be a strong trend toward acquisition of natural resource companies by their competitors by their customers and by financial investors," he said....". ================================================================== CNX is sitting on a lot of similar coal reserves and are looking for a JV partner to help develop these fields. They also are diversified w/ their recent NG purchase from Dominion Resources, Inc. (D). CNX up again as the market raises price expectations for U.S. coal reserves. EKS