Coal Stocks Show Signs of Going Higher - Steve Patterson

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Coal Stocks Show Signs of Going Higher
Jun 09, 2008 02:04 AM UTC

Steve Patterson

Return	Risk
-16.19%	MID

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Symbol	Sentiment	Start	Return	Closed
ACI		06/09/08	-70.72%	--
ANR		06/09/08	-55.99%	--
MEE		06/09/08	-47.72%	--

Via FastSwings.com - Steve Patterson:

In a tough tape on Friday Coal
related stocks performed above average and look to continue to run with
profitable expectations growing. Massey Energy (MEE), Alpha Natural Resources (ANR)
and Arch Coal (ACI) all have rising earnings expectations and are at 52 week
highs. Just this past Monday, a broker, David Khani from FBR Capital Markets
raised his price guidance for coal for next couple of years.

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