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


To: Paul Senior who wrote (49758)10/15/2012 5:29:46 PM
From: Dennis 3  Respond to of 78666
 
I have been compiling a list of stocks that I will buy if they continue to drop in Nov. I have been staying away from banks, oil(and oil services), coal.

I bought btu but I have sold after noticing that they sold 200+million tons of coal 2003 and around 220million tons of coal 2011. but revenue increased 160% during that time frame. They have benefited greatly from international coal prices from china. I do think there will be demand from china but the favorable lease agreements peabody receive to dig out the coal is under scrutiny... so i will stay away.