Even it goes to 5, it may still not worth it. It will depend on how it consolidates and the overall market condition. Right now, it is still falling. I am sure a lot of people got stuck around 10 level ( I could be wrong). If so, we may not see 10 in a while. Look at NOK for example, when fundamental has turned bad and the stock dropped like sht, it will not go anywhere. Holding it as long term investment and hoping it turn back up 50% is not practical at current stage. There may be a lot small rebound to play though.
【在 B**********r 的大作中提到】 : 去年很多人在BAC到5块时,要等3块。
o*a
9 楼
The problem for coal industry is Gov. regulation and high labor cost. I prefer natural gas over coal companies for a long run at this point of time.
【在 o***a 的大作中提到】 : The problem for coal industry is Gov. regulation and high labor cost. : I prefer natural gas over coal companies for a long run at this point of : time.
o*a
12 楼
The natural gas price might be already bottomed due to NG rigs count down significantly recently. Most, if not all, NG companies are cutting their capital expenditure on NG and turning to oil. A conspiracy theory said it's XOM who pushed NG price so low because it wants to kill NG companies and then buy their assets cheap. XOM already acquired XTO, the 2nd largest NG company in US, in 2010. I believed in coal 3 years ago, but now I think NG is the future for U.S.
Even it goes to 5, it may still not worth it. It will depend on how it consolidates and the overall market condition. Right now, it is still falling. I am sure a lot of people got stuck around 10 level ( I could be wrong). If so, we may not see 10 in a while. Look at NOK for example, when fundamental has turned bad and the stock dropped like sht, it will not go anywhere. Holding it as long term investment and hoping it turn back up 50% is not practical at current stage. There may be a lot small rebound to play though.
【在 B**********r 的大作中提到】 : 去年很多人在BAC到5块时,要等3块。
o*a
31 楼
The problem for coal industry is Gov. regulation and high labor cost. I prefer natural gas over coal companies for a long run at this point of time.
【在 o***a 的大作中提到】 : The problem for coal industry is Gov. regulation and high labor cost. : I prefer natural gas over coal companies for a long run at this point of : time.
o*a
34 楼
The natural gas price might be already bottomed due to NG rigs count down significantly recently. Most, if not all, NG companies are cutting their capital expenditure on NG and turning to oil. A conspiracy theory said it's XOM who pushed NG price so low because it wants to kill NG companies and then buy their assets cheap. XOM already acquired XTO, the 2nd largest NG company in US, in 2010. I believed in coal 3 years ago, but now I think NG is the future for U.S.