Massey Energy Company (MEE-N) Stock Predictions - Stockchase
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Massey Energy Company (MEE-N)

ON STOCKCHASE SINCE Apr 2004

Acquired by Alpha Natural Resources

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Massey Energy Company

MEE-N

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Massey Energy Company (MEE-N) SAVE Dec, 31, 1969, 7:00 pm

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DON'T BUY
Massey Energy Company(MEE-N) 

September 14, 2010

Took a big hit when they had an explosion in a US mine last spring and were cited for a number of safety offences. Sold his holdings. Likes coal but would prefer Alpha Natural Resources (ANR-N) and/or Bucyrus (BUCY-Q).
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Took a big hit when they had an explosion in a US mine last spring and were cited for a number of safety offences. Sold his holdings. Likes coal but would prefer Alpha Natural Resources (ANR-N) and/or Bucyrus (BUCY-Q).
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Gordon Reid

President, GoodReid Investment ...

Price Price
$31.620
Owned Owned
No

BUY
Thermal coal. About half the electricity in the US comes from coal-fired plants. China is building these plants at an amazing rate also. Need/demand for coal is going to be there for many years to come.
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Thermal coal. About half the electricity in the US comes from coal-fired plants. China is building these plants at an amazing rate also. Need/demand for coal is going to be there for many years to come.
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Gordon Reid

President, GoodReid Investment ...

Price Price
$49.410
Owned Owned
Yes

TOP PICK
Cash flow per ton margin is currently about $6 per ton. Last year they were $3. Thinks the ultimate margin will be $12/15. Heavily involved in steel coal. Very cheap.
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Cash flow per ton margin is currently about $6 per ton. Last year they were $3. Thinks the ultimate margin will be $12/15. Heavily involved in steel coal. Very cheap.
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Dan Rice

Portfolio , State Street Researc...

Price Price
$25.590
Owned Owned
Yes

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