International Coal Grp Inc N (ICO)

[GAINSEEKER]

Well, I have observed that for the last few days it has been trading like crazy, moreover, regarding to the cut back this was very clever as they will soon be able to control the price by cutting production, thus creating demand and remember that demand means: Pay what we want and if you really need we are the only one that can provide.
If you observe all coal groups are cutting back production not only ICO, all of then together to create a huge demand of coal and that was exactly what happened in 1995 and 1999 when they cut the production and then the price for coal went from 35 a ton to more than 45 a ton, this was extremely clever.
In regards to move to higher levels I think it will start to move very soon, because, before if you had 100k and made a bid to buy ICO at lower price you could get it filled in matter of minutes. Now I have tried to use all my funds about 250k to try to get again at 4 where I got my original shares it is impossible, not even a bid showing for 4 dollars goes true.
Therefore, I think this train of coal will start to move and it will not stop running.
According to my analist it will be soon at 7 or 8 then nothing will stop ICO to reach their peers that have less assets and resources and are trading in the range of 30 to 40 dollars a share, so wait and see we will get there.
As I have mentioned before I am sick of pinks stocks and this time we have a real company with real profit and assets and there are no promisses of offices to be open or merchandise or goods awaiting to be received and to be sold, but a active, live and fully functional company operating in a very demanding market.