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Post by clinton on Oct 1, 2014 7:09:14 GMT -5
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Post by huh on Oct 2, 2014 9:27:15 GMT -5
look at obv no one is accumulating WLT just shorts booking profits It was due for an oversold/deadcat bounce. Especially coming off the psychological support of $2.00. Meoooow! Up 12.5% now, but was as high as 28%. Tagged the 61.8 FIB of recent down move in one fell swoop. |
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Post by huh on Oct 2, 2014 9:35:13 GMT -5
Shorting that cat (WLT) should turn out to be the play of the day IMO.
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Post by huh on Oct 2, 2014 13:37:14 GMT -5
It was due for an oversold/deadcat bounce. Especially coming off the psychological support of $2.00. Meoooow! Up 12.5% now, but was as high as 28%. Tagged the 61.8 FIB of recent down move in one fell swoop. WLT 2.48 is the key resistance for WLT now. Hold over that and egg on my face. |
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Post by huh on Oct 2, 2014 15:45:10 GMT -5
OK, now this is optimistic (from ST):
"WLT squeeze back to 19.50 starting on gross oversell"
A 734% gain for an oversold bounce? Umm, OK.
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Post by clinton on Oct 2, 2014 16:02:11 GMT -5
OK, now this is optimistic (from ST): "WLT squeeze back to 19.50 starting on gross oversell"A 734% gain for an oversold bounce? Umm, OK. ya, sister is a nut |
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Post by huh on Oct 2, 2014 16:03:56 GMT -5
OK, now this is optimistic (from ST): "WLT squeeze back to 19.50 starting on gross oversell"A 734% gain for an oversold bounce? Umm, OK. ya, sister is a nut Sister is one of the best indicators ST has to offer - trade opposite him/her/it for ~90% success rate. Been doing it for a while. |
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Post by huh on Oct 3, 2014 10:25:33 GMT -5
It was due for an oversold/deadcat bounce. Especially coming off the psychological support of $2.00. Meoooow! Up 12.5% now, but was as high as 28%. Tagged the 61.8 FIB of recent down move in one fell swoop. WLT downside target now ~1.63, resistance ~2.31. |
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Post by clinton on Oct 9, 2014 6:38:22 GMT -5
China starts coal tariff on OCT 15th
MET 3%
THERM 6%
Indonesia is exempt
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Post by huh on Oct 9, 2014 9:38:03 GMT -5
Meoooow! Up 12.5% now, but was as high as 28%. Tagged the 61.8 FIB of recent down move in one fell swoop. WLT downside target now ~1.63, resistance ~2.31. WLT downside target hit (close enough...original call was for 1.65 from way, way higher). But that's at least a 29% gain since this post. Closing the calls on this one. (watch for potential double-bottom) |
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Post by clinton on Oct 17, 2014 7:08:38 GMT -5
This may sound crazy but I like this play
Coal from the Powder River Basin in Wyoming has risen 5.8 percent to $10.90 a ton in the past year
$CLD sell ONLY powder basin coal and has zero debt
this could be a big play if we have a cold winter
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Post by clinton on Oct 17, 2014 7:09:04 GMT -5
does 10.90 a ton sound super cheap?
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Post by clinton on Oct 17, 2014 7:10:54 GMT -5
CLD is only 9% short though
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Post by clinton on Oct 29, 2014 7:09:08 GMT -5
so I spent the night trying to get a handle on this massive write down for CLF
so they use assets to get loans
then they claim the assets have no worth
so they get loaner to drop requirements for loan from June 2014 to keep them from defaulting on their covenant
sounds like fraud to me
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Post by clinton on Oct 30, 2014 6:47:56 GMT -5
looks like WLT lost another 99M last Q
heres the killer
Interest expense, net 79M
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Post by clinton on Oct 30, 2014 8:52:04 GMT -5
wow the bottom fell out there for WLT ANR
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Post by clinton on Nov 6, 2014 11:04:25 GMT -5
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Post by clinton on Nov 8, 2014 10:46:05 GMT -5
new OEP sheet for coal/ore miners and its ugly but I can see why BHP RIO are trying to put everyone else out of business they got a mountain of cash WLT debt to equity is out of control  |
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Post by clinton on Nov 8, 2014 11:14:20 GMT -5
Oh, and Id expect CLF equity to change because of that massive write off. I think their BV is now .20 a share
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Post by clinton on Nov 9, 2014 1:20:14 GMT -5
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