InvestorsHub Logo
Followers 60
Posts 5014
Boards Moderated 0
Alias Born 11/01/2011

Re: dav1234 post# 248

Thursday, 05/17/2012 8:12:15 PM

Thursday, May 17, 2012 8:12:15 PM

Post# of 384
I had intended to sell on the 15th and buy it back when
it bottomed. I had to take a trip to a VA hospital a couple
hours away, and was afraid to set a trade before I left.
When I got home, I saw the drop I had expected, decided
it was too late to risk selling any today. The way the over
all market has been going, this can still drop to $4. I did
not realize it had such a range until you pointed it out.
I would love to scalp it as I still believe in the management
and the need for coal for electric power generation. I have
a local power plant that shut down this week (Ithaca NY).
Say they can't compete with gas fueled power plants, as
the law in NYS says consumers have the right to choose
the company they buy power from. We also pay a delivery
charge to the company that runs the wire to your house or
wherever the meter is. I'm not sure if that is common in
other states. NG is on the way back up, a little bit.