Thursday, April 18, 2013

Natural Gas Trades at $4.4140 Buy Coal Companies (ACI; ANR; BTU; KOL)

At this price there will be no more switching from coal to natural gas and in fact some operators were talking about upping their coal buying at $4.20.
KOL is the Market Vectors-Coal ETF, it is only up 1.43% while Peabody, Arch and Alpha Natural are up big.
BTU $20.83+1.81‎ (9.52%‎)
ACI $5.09 +0.54 (11.87%)
Here's Natty: