from yahoo board ( very good) | ACIIQ Message Board Posts


Arch Coal Inc.

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Msg  70 of 72  at  10/15/2013 10:26:16 AM  by

Dreggy


 In response to msg 69 by  slim2483
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Re: from yahoo board ( very good)

A couple points from that post.

Overbought? How does he see the stock as overbought with a RSI of 36?

He talks about the "cycle" in coal. This weakness is not part of the normal cycle. The main cause is the low price of NG and the fact that many power plants are converting to NG. NG has the added benefit of releasing less less CO2 than coal. This "cycle" won't take place until NG goes up in price, and with all the fracking going on across the country right now, that's not looking promising.

That being said, this could be a good trading stock, just don't expect anything good from earnings.


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71 Re: from yahoo board ( very good) workinman 1 9/22/2014 11:29:56 PM




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