So there I was, minding my own business, merrily picking away at the rock in search of coal when two men, one French (credit agricole) and the other Japanese (nomura), came up to me and said “your mine sucks dick, hahahahah.” Well, you could imagine how’d that make me feel, darn foreign varmints getting in the way of a little coal production. In these parts, significantly less will get you shot in the face, with a sawed off 12-gauge.
Anyway, I told those two gents (heavy appalachian accent) “why don’t ya’ll get the hell out of here before I hit you with this pick ax. I don’t want no trouble; but if you want some, I got it. Plus anyway, we don’t take too kindly to your type around these parts (spits chewing tobacco onto the ground)”
The two gents said to me “we are downgrading your mine. We don’t think it’s worth as much as people think.”
Aside from not knowing what in the hell they was talkin’ about, I didn’t take to that tone very kindly. The nerve of these two celestials telling me what my business was or is worth. I done had enough of them and asked them boys to kindly leave.
The French fellow said to me “oh yeah, Monsieur, tell your friends down the block we are downgrading them too. We don’t think their coal mines are worth as much as people think either.”
By that time I had enough. I hit the two invaders with my handy union pacific railroad pick ax and buried them in my backyard. It makes for good fertilizer. Just last week a good friend of mine said there was a guy from New York, some yankee fellow, who told him the same thing! I’m not too sure what’s left of him. But I know Arch isn’t exactly the type you start trouble with, if you get my drift.
18 Responses to Gentlemen, Our Way of Life is Under Attack This Morning
BTU barefoot and long
ANR and JIVE downgraded this morning, it might be wise to lock in any profits at the open.
You might want to watch your tone around here, friend.
I had ANR and sold way too early but I did make a profit. Congatulations to everyone who held on longer because the gains are huge. I had JIVE but sold and made a tiny profit. I am holding DDD and still waiting. I have followed you into many of your trades so I don’t know what you are referring to by watching my tone. I am merely expressing an opinion.
(hits JTU with vintage union pacific pick ax)
Typically downgrades are the best time to buy. Market prices that in well before the flock of retards [ratings agencies, sell side, etc]. And regardless of who wins the president competition, soaring oil costs will force the champion to crank up coal/natgas.
Anthony Watts has this on his site with regard to king coal this morning:
I think Gregor.us came to this conclusion in an article several months ago.
Damn Foreigners and Yankee carpet baggers. Nuffin’ but trouble. How dare they downgrade clean coal!
I done wash some of them rocks with soap myself.
Cats by 5
Fly … Please tell me if I hit the nail on it’s head…
That post was awesome. Bravo. I am saving it in my tin mug for when my shift in the mine is done.
Fly, you said yesterday to ask you ifwhy you don’t care about pollution from coal etc. Okay, why?
Well, I don’t know if this is the answer, but anr, i’m pretty sure, uses coal to make metals so then it wouldn’t even be burned, I suppose. Doesn’t make sense that you could make diamond out of coal, but if you have hot enough technology, then I guess.
I think it time for a good ol’ fashion Lench’n of a few fat cats that want to take my mine after they shut me down!!! Damn the government! HERE HERE. PCX Rest in Peace. Long Live JRCC.
Some folks calls it a pick ax, I calls it a Kaiser blade. Whud ya kill Frenchie fur, whud ya kill Frenchie fur?
What is the deal with the loser analysts? I knew as a fact that in the late roaring 90′s if Goldman’s snake team “upgraded” your company it was about to sold off in mass by the firm. Conversely on a downgrade I had actual insider info from 7 or 8 years ago that said in the hours after the Goldman “downgrade” of Harley they bought the SHIT out of the stock through the firms, hedge funds and managed accounts. To me it just say the big boys want IN to the coal space!!! The higher profile the analysts the better the opportunity to go against their false grain. This signal tells me Sir Fly is nailing a huge trade potentially a month or so early. Downgrades are UPGRADES!!!