godspeedj > Trade Notes

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5 Day 0.00%
15 Day 0.00%
1 Month 0.00%
3 Month 0.00%
6 Month -99.83%
As of: 11/30/08

Member since: Oct 06

Bought to Open 8 contracts of WLT LY at 10.50

WLT LY Loading... []

Users Bought (30 Days) 0 (0%)
Users Sold (30 Days) 0 (0%)
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Transaction: Bought to Open
Symbol: WLT LY
Quantity: 8 contracts
Price: $10.50
Value: $8,400.00
Stop Order: No @ $N/A
Target Price: $0.00
buy limit order hit here...normally i'd freak getting in on this but this looks like a healthy coal correction as KOL is down over 10%. I'm ok with this one, might even adjust my cost basis down. The market totally crapping it' pants didn't help today - what a mess. Give me a break, talk about spineless....

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godspeedj

Member since: Oct 06

5 Day 0.00%
15 Day 0.00%
1 Month 0.00%
3 Month 0.00%
6 Month -99.83%
As of: 11/30/08
Trades 20
Trade Notes 42
Blog Posts 16
Risk Analyst
Age: 20's
Oakland, California
godspeedj
wlt got nailed along with KOL and most coal stocks...however, wlt specializes in coking and met coal, not thermal coal, and I see this as a strength....I could also see a buyout from a foreign steel company (as has been happening already) that wants to vertically integrate it's operations. A nice $130 buyout price is always an option...(8billion buyout if Im not mistaken...)
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