I thought about what you wrote. Would your friend not still own their shares or did they buy high and sell low? I have not started swing trading at all. I guess if I were to have a large dollar portfolio I would do it. It would seem that they are a great company that have been here before. Commodities is just a tough bet right now with everything else up. Something had to fall to bring so much money back into housing.
I ask this because is this not the bottom for this company. They are large, we all know Coal will come back. I just look at this as a $40 stock in 2 years. Even 22 in a year gets you 100%. Anything further down, lets say even to 5, you double down and avg. at 7.5
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