Replies to post #113281 on SwingTrade Member Forum (SWING)

[dawalker]

I saw that. FPP is expected to increase in value, especially now that they have had so much PR. Did you see the article in the WSJ! When is the last time WSJ wrote about a micro? When you look at FPP, you understand why. I am posting the WSJ article below:

MarketWatch Weekend Investor / Best and Worst Sectors
November 5, 2005; Page B4

Forget Google. This year's hottest investment may well turn out to be coal.

Despite a recent pullback, coal remains, to date, the strongest stock-market sector in 2005. The Dow Jones U.S. Coal Index has gained 75% so far this year, even with October's 9% drop.

Arch Coal has been the best stock within the best-performing sector, gaining 14% in October and more than doubling for the year. The company says a threefold rise in coal prices in the last year has driven earnings.

The pattern is similar for oil and gas. The Dow Jones Integrated Exploration & Production and Oil & Gas Producers indexes slumped along with crude prices during October, losing 10% and 11%, respectively, for the month. But they have still managed to post gains of 57% and 27% for the year.

Among those indexes' best performers were GeoGlobal Resources and FieldPoint Petroleum, which are valued at more than six times what they were at the end of 2004. Despite their big runups, though, they are still relatively small companies.

FieldPoint is engaged in oil and gas exploration, production and acquisition, primarily in New Mexico, Oklahoma, Texas and Wyoming. GeoGlobal, headquartered in Calgary, Alberta, is developing petroleum and natural-gas sources in India.

The weakest sectors so far this year include those hit hardest by high fuel prices, such as auto makers, as well as machinery makers and paper producers.

The Dow Jones Automobiles Index -- the year's worst-performing sector -- is off 48% so far in 2005, as Ford Motor dropped 44% and General Motors gave up 34%.

The Dow Jones Industrial Machinery Index is down 39%, and the Dow Jones Mortgage Finance Index has fallen 24% as interest rates have risen and inflation fears take hold.