Peabody Energy Corporation (BTU)

[Pennies From God]

(IMO), BTU and Tesla are apples and oranges. Tesla's net worth and stock current price is all inflated. Tesla's revenues don't support their current stock or company net worth. Peabody has coal reserves (tonnage) to back up its net worth.

(IMO), From what I read of BTU's BK proceedings, the process was a debt swap for stock. They had / have more than enough current and future revenues to show the court they were more than solvent. The court agreed. From my understanding, they are pretty much debt free.

(IMO), Like I stated before, coal and other natural mineral resources such as natural gas, will be around for the rest of our lives. I believe as much as 60%-75% will be coal and other natural resources including hydrogen and nuclear.

(This is also why we are energy independent today :)

(IMO), That only leaves 35%-40% to solar and wind. It is believed these two types are not very efficient, cost effective or reliable to be primary sources for everywhere and everyone like coal and other natural resources.

(IMO), Food for thought: Low stock price could equal a company buying its own stock back!

All of my opinions, of course.

Also, I have no opinion as to a buy or sell. I'm not qualified for that.

Remember, things are not always what they seem ;)