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wow_happens28

06/20/11 10:58 PM

#2901 RE: DewDiligence #2900

Good point DewDiligence.

The US may reduce coal, but will the rest of the world? I doubt that the third world countries will go along. But clearly "Green" energy may get a boost.
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wow_happens28

06/21/11 6:00 PM

#2916 RE: DewDiligence #2900

Shipping coal to China?

It seems possible that China may buy our coal. There are many two year old China/coal stories, none saying anything has changed>>>
http://news.bbc.co.uk/2/hi/asia-pacific/6769743.stm

So, maybe shipping companies is the way th play this? Well, they are in a slump, but maybe that is a time to buy?
http://stocks.investopedia.com/stock-analysis/2011/Will-Dry-Bulk-Shippers-Ever-Come-Back-DSX-GNK-EGLE-EXM-NM0615.aspx?partner=YahooSA#axzz1Pwoj66E9

But, enter a China deal with a private ship builder to compete with the public companies--BOO>>>

http://gcaptain.com/china-places-ship-order-valued?22872

So, I just talked myself out of buying shipping stocks that ship coal, LOL. But, maybe I will find something. I see nothing exciting in the shipping stocks mentioned.

http://stockcharts.com/h-sc/ui?s=DSX&p=D&yr=2&mn=8&dy=0&id=p21435775704

http://stockcharts.com/h-sc/ui?s=EGLE&p=D&yr=2&mn=8&dy=0&id=p62688074020

http://stockcharts.com/h-sc/ui?s=EXM&p=D&yr=2&mn=8&dy=0&id=p76595498065

http://stockcharts.com/h-sc/ui?s=GNK&p=D&yr=2&mn=8&dy=0&id=p93023698122

http://stockcharts.com/h-sc/ui?s=NM&p=D&yr=2&mn=8&dy=0&id=p21302430631

These shipping stocks may have good bounces, and maybe one will ship more coal, but I can think of more exciting things to invest in the area of natural resources. Such as a couple of "Green" ETFs that had nice bounces today and interesting volume.

http://stockcharts.com/h-sc/ui?s=PUW&p=D&yr=2&mn=8&dy=0&id=p47749292826

http://stockcharts.com/h-sc/ui?s=PIO&p=D&yr=0&mn=8&dy=0&id=p45535554734

I am not buying either tomorrow, but watching.

GL ALL