http://www.foxbusiness.com/markets/2017 ... cline.html
Up 6% in only six months.....
Bring back coal?
Moderator: callmeslick
- callmeslick
- Posts: 16473
- Joined: Wed Jul 29, 2009 9:02 pm
- Location: Fearing and loathing in Delaware and Virginia.
Re: Bring back coal?
6% of nothing is.........they were at the floor after 20 years of decline. Note that was revenues, not employment, nor profits. As the article itself notes, this rebound follows the largest global one-year drop, ever, despite plenty of down years in the last two decades.
Re: Bring back coal?
I agree with you...Trump is a talented 'Miracle Worker'...and that 6% was in four months....give it a year or so and yer gonna regret not purchasing the stock....
- callmeslick
- Posts: 16473
- Joined: Wed Jul 29, 2009 9:02 pm
- Location: Fearing and loathing in Delaware and Virginia.
Re: Bring back coal?
no, I'll pass. I still hold onto Exxon Mobil for two reasons: 1) dividends, they are sitting on years of profits pulling interest and 2) they are slowly getting into a strong positon for solar and even battery technology, once again due to that pile of cash in #1. Coal, not so enticing, thanks.
- Reservoir_Dog
- Posts: 8858
- Joined: Sat Aug 01, 2009 3:46 pm
- Location: Kicking and a' gouging in the mud and the blood and the beer.
Re: Bring back coal?
ahem, the rules. Not arguing the statement, but the placement.