Replies to post #1310 on Arch Coal Inc. (fka ACIIQ)

[LouisDesyjr]

3 million shares traded

Unfortunately, anyone buying is doing one of two things:

1: A trader who expects there to be one last bounce, and is playing off of that.

2: The retail market that has no idea what is about to happen, and does not even bother to understand the process or the timelines.

While people in the first group are playing a dangerous 'game', they are experts and know the risk they are taking.

The people in the second group simply have no idea what is going on. They seem to keep talking about how other companies have recovered or even think that bankruptcy wipes out the debt and the company is saved, not understanding that most of the time the common shares get wiped out also.

Louis J. Desy Jr.