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Stock traders, whats your thoughts on energy (coal)?

Discussion in 'Chit-Chat' started by UltraFJ40, Aug 18, 2006.

  1. UltraFJ40

    UltraFJ40 ที่นี่และมี

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    Just wondering what others thought about the energy stocks, specifically Peabody Energy. As you may know, it's well below it's 52 week high and still does a decent volume daily.

    I'm also staked in Foster Wheeler and Zoltek. Any thoughts? :idea:

    I've been making a decent amount here and there, but since the collapse in late May, I've been waiting for a significant bounce in these guys. What do you think 6 to 12 months out?

    Thanks,

    Doug
     
  2. whodat

    whodat

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    Mr Peabody is on the right. (from Ruggy's era)
     
  3. koop

    koop

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    Jim Cramer did a show on coal at the beginning of the summer and the coal stocks went through the roof. I think he still likes them.
     
  4. UltraFJ40

    UltraFJ40 ที่นี่และมี

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    Thanks, I look at a lot of things Cramer says and for the most part he is pretty good. Unfortunately I got burned by the stock options probe at Openwave (OPWV) just after he recommended it somewhere around $11.50 or so. Now it's trading at $7.75. :eek:

    The coal sector has had some of the best performing stocks in the last few years so I am waiting around for another run or two.
     
  5. yooper

    yooper SILVER Star

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    Energy's hot. I like Suncor (SU) Also pretty much every US oil company.
     
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