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colonial dr

Registered: Aug 2012
Posts: 294

10-05-12 02:25 AM

Just after the debate, the ES spiked over 5 points. As we get closer to election, I'm wondering if coal would be a good buy. He talked allot about energy.......thoughts?????

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Clubber Lang

Registered: Jun 2008
Posts: 2178

10-05-12 02:37 AM

I've been thinking the same thing. Coal has been drifting lower as Intrade's Obama's presidency odds have been drifting higher.

If Romney pulls out a stunner, some single digit coal stocks could be 5-10 baggers.

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colonial dr

Registered: Aug 2012
Posts: 294

10-09-12 12:25 AM

What energy stocks that obama hates-coal?

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Clubber Lang

Registered: Jun 2008
Posts: 2178

10-09-12 12:38 AM

ANR and JRCC would likely be two of the biggest % gainers if Romney can win.

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Daring

Registered: Aug 2012
Posts: 676

10-09-12 01:37 AM

Quote from Clubber Lang:

ANR and JRCC would likely be two of the biggest % gainers if Romney can win.

Yes but Romney imo is a long shot.

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Whistlingleaf

Registered: Nov 2005
Posts: 293

10-09-12 08:16 AM

Obama has been using the EPA to put the hammer down on utility companies that use coal - which added to why coal got crushed. (Romney could reverse this immediately.)

The other reason coal is down >>> natgas is cheap.

Coal should spike on a Romney win (ANR/ACI/JRCC).

Romney won't make natgas more expensive though so I'd sell any coal rally. I don't see natgas going to say 4.50 anytime soon, but that would help coal as much if not more than a Romney win.

Romney win might actually bring oil down as he could allow alot more drilling and open up the XL pipeline which would increase supply.

(I think Obama will win though.)

THC/HMA might jump if Obama wins though they are up already.

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