The last time in the 80's they were stocked to the hilt, over 3 years of supply which they needed as mines remained idled for 2 years in MI.
During this period, they were able to show enormous profit as labor was already billed out for production prior to tariffs being initiated when mines went back on line again.
Veterans of this stock know a huge payday is certain and taking shape just like last time around.
The beauty here is the shorting helped us get a good price again as we would never be down here unless the stock itself wasn't hedged against the bonds like it is.
When the EBITDA indicator goes nuts like last time, it will be the same hedgefunds that will push us back up like clockwork.
Patience is the key here and the trend will be your friend as history is just repeating itself. The last time, they also had a takeover attempt that failed and the bounce happened anyway based on industry strength that was going to happen anyway just the same.
The world leaders control the cyclical cycle where money simply trades hands based on imports and exports no matter what the product is.
Gonclaves also mined the hell out of the coal reserves before layoffs where the workers were stumped as production has been at an all time record high and also stock piled.
The balance sheet alone will light up this stock when numbers come out.
Expect Results
News 
Market Data 
Discover 
