Over the past 3 months, shareholders of coal stocks were thrown out of airplanes, sans parachutes, into fields of cacti. But with the new government bailout on the table,commodity stocks are being dug out from their graves and tossed into Wall Street ballrooms, yet again.
Plus anyway, we’re going into winter and shit and you pikers need coal to heat your bullshit homes.
You can buy the filthy rock directly, via buying [[KOL]] . Or, you can man up and get long coal stocks, such as Peabody Energy Corporation [[BTU]] , Arch Coal, Inc. [[ACI]] , James River Coal Company [[JRCC]] , CONSOL Energy Inc. [[CNX]] , Massey Energy Company [[MEE]] or maybe a little Walter Industries, Inc. [[WLT]] .
Aside from coal, oil is raping non-middle eastern assholes hard. For this new leg up in oil, I like Occidental Petroleum Corporation [[OXY]] , ConocoPhillips [[COP]] , Ultra Petroleum Corp. [[UPL]] and National-Oilwell Varco, Inc. [[NOV]] . Or, you can get lazy and buy [[IEO]] and [[DIG]] .
In short, if you’re tired of getting your chest hairs punched off in the banks, go fuck around with some commodities. They’re safe, compared to the daily fluctuations of our financial system.
NOTE: If oil keeps shooting higher, expect Dry bulk shipping rates to rise. Hence, DryShips Inc. [[DRYS]] , Genco Shipping & Trading Limited [[GNK]] and TBS International Limited [[TBSI]] may go up. And, solar and rail stocks may catch a bid too. The only solar stock worth mentioning is First Solar, Inc. [[FSLR]] If you enjoy the content at iBankCoin, please follow us on Twitter
What is your favorite Koal pick?
http://votenobailout.org/
Fly, check out the short covering in HL and SIL…
i like hl
RIO
BHP is one of the biggest producers in the world. they produce enough of that filthy stuff to light up china.
My bro in law is a coal trader. He reckons the forward curve is shifting to a negative yield curve for what that means.
GNI
Btw Master Fly, the playoff preview starts tonight.
Cubs Vs Mets, Let’s Do This!
I’m going Wed. night, hope they sit Soriano, we need a break.
I do not have Fly’s high tech time machine, but my ancient method of astral projection and consultation of the akashic records indicates a coming winter of biblical proportions for much of the country (at least compared to what is has been like in recent memory) that will match the turmoil in the markets.