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Zephyr

05/02/13 11:43 AM

#591616 RE: oldberkeley #591614

read through their earnings report and generally I would agree that their quarter wasn't bad. The problem is that their US sales are down while Europe and Asia sales/shipments are up. Their pricing is a problem because they have to include that cost of shipping to get it over seas. Their also competing with nat gas. If nat gas prices could get up over $4.50 then coal can compete. So short term they are out of favor. I think the bottom is close for the pps...but short term trend is still negative. I'd just watch.