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Goldman upgrades US coal sector to attractive

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NickB79 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-04-09 11:57 AM
Original message
Goldman upgrades US coal sector to attractive
http://uk.reuters.com/article/oilRpt/idUKSP49322120090504

"May 4 (Reuters) - Goldman Sachs upgraded its Americas coal coverage view to "attractive" from "neutral," and said it expects demand to rise and prices to stabilise, sending coal stocks soaring Monday morning."


WTF?
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phantom power Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-04-09 12:00 PM
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1. I would say that Goldman Sachs is right about that.
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groovedaddy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-04-09 12:11 PM
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2. The part where they rip the tops off the mountains, now that's not so attractive...n.t
Edited on Mon May-04-09 12:11 PM by groovedaddy
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quidam56 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-04-09 02:04 PM
Response to Reply #2
4. END MOUNTAIN TOP REMOVAL !!!
http://www.wisecountyissues.com/?p=138

Appalachia can't stand anymore of the progress and prosperity...
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hunter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-04-09 01:38 PM
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3. ... making coastal and drought sensitive developments "less attractive"
Market driven insanity.
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