Peabody Energy Corporation (BTU)

[seaturtle]

There is a muppet out there going around calling successful longs muppets. He has been telling people to get out since the stock was around $5. This muppet doesn't even realize that he is the muppet. He has no understanding of the value of the Company's assets or what the current cash flow is. He also doesn't realize that there is now a hedge fund with an over 5% stake that will fight for an equity committee which will drag out the bankruptcy while the cash piles up on the balance sheet. He doesn't understand that there are other hedge funds that have followed BTU for years that understand the Company better than he does.

As I said, this little muppet doesn't even realize that he is the muppet. When the equity remains mostly or entirely intact, the stock will be over $50.