Replies to post #2679 on Peabody Energy Corporation (BTU)

[sambeaux]

Pennies - Thanks again for another erudite report, including
the stock buy back comments.
Although if they were buying a lot of stock -- wouldn't
price go up?
I also like the report about the masses of coal barges on
Miss. river and the steel mills going full bore.
But I have to acknowledge that I never saw a
reverse stock split that worked out well.
I look forward to the day when stock is so high
(where it belongs) that they do a regular stock
split!

[Crusen]

Actually, they did go bankrupt.

And it should be obvious this trainwreck of a company is in no shape to buy back shares.

The very idea of talking about Peabody Energy buying back shares is excruciatingly nonsensical.

Also China, India and other Asian countries do, indeed, have carbon caps because they aren't stupid.