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As Coal Skyrockets, Analysts Are Late to the Party

 Jun 04, 2008 01:20 AM UTC
Symbol Sentiment Start Return Closed
ANR Positive 06/04/08 +25.64% 07/16/08
PKX n/a

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

What can I say - this is simply an epic move.<!----> As I keep saying,coal reminded me of fertilizer last summer/fall - totallyunderestimated. I am simply amazed by the strength and voraciousness ofthis move, even as a super bull on the group. Yet another upgrade in the groupand you are seeing some huge earning revisions and price targets acrossthe board - analysts finally "get it" - after about 40-70% 1 monthmoves across the board. Always timely these analysts. Again, theseguys focus on 1 industry (career/full time job devoted to 1 sector) yetmissed the whole rocketship, only after the ship is in orbit do they"get it"? Where were they 2 months ago when the writing was on the walli.e. [Apr 7: Posco (PKX) Agrees to 200% Coal Price Increases]?Now come the upgrades?Again, exactly the same scenario that playedout in fertilizer. Just more "value add" from these fellas.

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