Replies to post #1951 on Patriot Coal Corporation (fka PCXCQ)

[10452km2]

Here is my take on things and this is why I am long.

The company has to get the fiance deal done, Once it does I think we will see our new CEO (which has to be one of the most experienced CEO's dealing with the coal industry) focus on turning things around and that starts with looking for more overseas buyers. Getting a few big overseas contract's will install confidence that the shareholders need to see in this new management team. I think the banks that are part of the finance deal wanted a new guy at the helm. I am looking forward to seeing how hot we can get in the summer and how cold our winter is going to be.

[iheartweimers]

Only because PCX owes what, $440 million? Naw, I'd sleep
tight if that's all that stood between closin the mines and
seein the men go to food pantries. Besides, we all trust
the banks to come through for us, don't we? :-)