well .. the subject said it all.
Im looking at COK and finding it to be an extremely undervalued stock given that most coal'ers are doing pretty well.
I wont go about blabbering the demand from India and China - everyone knows that.
COK have a great management - some of the best partners and JV's in the world - lots of Cash in Hand - perfect aquititions .. and ability to raise money quickly (has been proven only recently)
Yet the market is giving it ONLY 50c per ton of proven coal valuation .. for assets in Australia thats ridiculously low.
IMO - this is a beauty of a stock with a multi-bagger potential.
Technically - see the attached chart (SORRY for the Large Image) - Volumes seem unusually high last couple of weeks .. MACD and Stochs are crossing over and RSI is pointing up as well.
Something is happening with COK - there is definately accumalation as shown in the volumes.
DISCLAIMER: The above is not an investment advice - it is my opinion only.
well .. the subject said it all.Im looking at COK and finding it...
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