InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,230.00
(
-0.15%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,247.51
(
0.25%
)
Post# of 224
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

GorillaGorilla

Send PM Follow Ignore
Followers 21
Posts 2227
Boards Moderated 0
Alias Born 06/08/2009

GorillaGorilla

Re: beenhadmoney post# 73

Wednesday, 09/23/2009 2:49:19 PM

Wednesday, September 23, 2009 2:49:19 PM

Post# of 224
Well, people make trading decisions and valuations decisions. I don't have any trading instincts - I will bow to better experience than me.

From a valuation perspective it did $1.73 in earnings in 2008. Ignore the coal price increases ( which are significant ), ignore any potential for increased volumes, 2009 earnings, or usage of cash, and based on 2008 estimates at P/E of 10 is $17.

I don't see why anyone would want to sell until the double digits of their choice.

You can easily make the case for $30. Does anyone know why 2008 Q1 was 85 cents and the rest of the year was 30 to 40 cents?

rich
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

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.

Sign Up