The market is forward looking.
The profitability hinges on coal price as the costs per kt are high.
No one thinks coal prices (met and therm) are going up in the next 1-2 years. The peak happened when we were in suspension. I do not thank management. I don't know enough to blame them but I do not thank them.
Complex deals and possible acquisitions may materially increase SP but remain uncertain and the market hates uncertainty.
The idea that the price is being manipulated must be one of the most common things said for all stocks on HC. I personally am not smart enough to know but it strikes me as using religion to explain events (i.e. BS).
I bought more at <10c today. I doubt we will see 20c before consolidation but I will be cheering with everyone else if we do.
Most posts on HC are complete rubbish...........this one included.
The market is forward looking. The profitability hinges on coal...
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)