huge coal, huge story, huge potential, page-32

Well. I always held the stocked I got in the SPP but allowed myself to BUY/SELL trying to identify picks and lows.
RES is one of my most liked stock (although I must admit that STB was a more fun ride). Management is of top quality but I think now it's too dangerous. My analysis (only mine) on the European market is that it does not have the capacity to solve it's problem
1. Germany (quite just-fully requires discipline before stimulus
2. In some countries the politicians that supported it went down (France/Greece). The public there does not grasp the severity of the situation and even when politicians there tried to do something right they could not get support
3. France government is like ours (basically incapable at doing the right and painful reforms to improve the competitiveness of their country)
4. Germany is facing election and I'm not sure that in the past year they did not prepare themselves to separation from Union. I do not think Markel can allow herself to compromise without losing support (already happening there)
5. Greece most likely will have a government that pro separation
6. Spain heavily exposed to it
7. China preparing for the exit of Greece and I think they prepare for the worse

I can add more and more (USA elections where majority in senate are republicans and bad economy good for them)

Even if this does not convince you that it's going to be bad. It is definitely a sign that it is going to be bad before it could be good