3 Coal Producers (MEE, BTU, JRCC) At Fire Sale Prices
Read the full article at: http://www.contrarianprofits.com/articles/3-coal-producers-mee-btu-jrcc-at-fire-sale-prices/8028
Submitted by MurrayRothbard on Fri, 2008-11-07 10:24.
(via www.contrarianprofits.com)
Energy prices continue to tumble on recession fears and a US dollar rally. For investors that are long-term bullish on energy markets, this represents a great buying opportunity, says Andrew Snyder. He expects coal producers like Massey (NYSE:MEE), Peabody (NYSE:BTU) and James River Coal (NYSE:JRCC) to see big increases in their valuations in the coming year.
