Replies to post #1966 on Patriot Coal Corporation (fka PCXCQ)

[jefrank]

Lol. Yeah many companies were locked in at a contract price. When the price of coal dropped none of those companies wanted to keep paying an inflated price. PCX is currently suing keystone for not following through on a contract. From the looks of it keystone has no legs to stand on. So that is more good news even. Coal got hit hard. I would personally not even invest in coal right now. But the current PPS is so low IMO I had to jump on board. I like the potential with a passion. Some day in future I will sell all shares. Then all that will be gained is cash and knowledge of the coal industry! LOL