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-1 point posted on 07/22/08

N/A

Michael Parness:

+0.00%

ICO - I like this small cap coal play

ICO - I like this small cap coal play into earnings next week. If the market doesn't get in its way it could see $12.50 or higher before earnings. Like with most small caps, I would not hold it over earnings, just into them. We'll see, but a tight stop gives you a nice risk/reward here on this one.

Michael "Waxie" Parness

Related to:

ICO

International Coal Group Inc.

Comments (4)

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bear*crazy

35%

1 point commented 489 days ago reply

Coal is getting hammered along with other commodities. Arch and Peabody are down nearly 25% in the last couple weeks.

Locationh

61%

1 point commented 485 days ago reply

Nice call. Great stock to play with. Buy now and sell CC when price nears 11 plus. Why not 12? Coal is a commodity.
Like we just saw with gas the past week it will top out and settle back. When you think she has topped buy a put.

nextfundmanager

N/A

1 point commented 479 days ago reply

yea commodities have been getting whipped lately

loneranger

38%

1 point commented 479 days ago reply

my only concern about this name is the potential gov regulations that could help other forms of energy or hurt coal

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International Coal Group Inc. (ICO)

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