Friday, June 1, 2012

Stock Alert - Is Coal stocks have finally hit bottom?- 6/1/12

Is Coal stocks (KOL -1.2%) have finally hit bottom, Paul Ausick seems to like Peabody's (BTU -0.8%) prospects best, citing its Australian mines that provide a key Asian outlet. Separately, Patriot Coal (PCX +2.9%) is far outperforming peers on chatter the company paid its coupon on convertible debt. Also: CNX +1.3%, ANR +0.4%, ACI -1.7%, JRCC -3.2%

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