NCOC

[Terliso]

NCOC making a crazy move in this bear market.

[Terliso]

Time to reload NCOC after hitting the above $10.00 target.

[setravis]

Coal stocks are a buy now...News on JRCC and earnings beat!!!

Buying for the assets...Great news coming for NCOC...
These guys are not making money but they own all kinds of stuff which has been written down to zero over the years. the salvage value of it all is more than ten times the market cap less mortgages and liabilities.
Q4 the worst ever, BUT that should be the bottom because these guys should get help to renew the railroad they own and thereby help move coal to market.

Head and Shoulders Bottom (Reversal) Pattern
Breakout...


52wk Range: 0.56 - 10.83
Volume: 1,296,966
Avg Vol (3m): 145,267

Technicals
13-day MA Cross Above 50-day MA
Percentage Gainer

Last Price Quote is:
52.62%above 13-day MA
50.94%above 50-day MA
RS Rating: 89 

Fundamentals
Earnings Expected on May 7

Key Data:
Market Cap (M): $41.02 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 05/07/2009
Last Analyst Rating: Buy
 

[setravis]

•Coal stocks soar after Goldman upgrade
NEW YORK (AP) -- Shares of coal stocks soared on Monday after Goldman Sachs upgraded the sector based on expectations that coal prices will improve and economic growth in China will spur demand.
While China will likely have little impact on U.S. coal demand in 2009, Singer believes greater demand for steel and coal from China could improve the metallurgical coal supply and demand balance and boost metallurgical coal prices.

Other positive news, Singer noted, is the firm's belief that steel production will improve in the second half of 2009, which could lead to improved coal demand in 2010, compared with 2009 levels. Also, an expected rise in natural gas over the next six months should boost coal prices, Singer said
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I remain decidedly bullish on the long-term outlook for coal...