InvestorsHub Logo
Followers 5
Posts 420
Boards Moderated 0
Alias Born 08/03/2015

Re: None

Friday, 11/11/2016 3:13:08 PM

Friday, November 11, 2016 3:13:08 PM

Post# of 35791
I just want to give me 2 cents here in regards to the coal and Mr. Trump.

First of all I want to say I'm long on NEWC and I plane to keep holding.

I read almost every post on this board but rarely comment.

Trump is not good for NEWC coal business as he wants the USA to start producing more coal by lessening the restrictions put in place by the Obama Administration. These restrictions are the reason cole prices have surged as the demand is still high and US cut down the supply. If the US begins to produce cole again then the price of cole would drop back down to the levels they were at a few years ago.

The key for NEWC and us is to start the cole mining before the us does, if not cole prices will suffer. Cole stocks are on the rise for cole mines within the US and not abroad.

Just me 2 cents but would love to hear other opinions.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.