November 30, 2009

ONCE AGAIN WE HAVE BEEN AHEAD OF THE CROWD ON COAL STOCKS $KOL, $CNX, $BTU , $$

We have been negative on coal stocks for a while. Now there appears to be a wider recognition of the fundamental reasons as evidenced by the following excerpts from an article in WSJ today: The Wall Street Journal reports U.S. coal stockpiles are climbing as supplies outpace demand from utilities

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