Sunday, April 18, 2010

Buying a Fallen Star

When the tragic news on $MEE broke about the miners, the stock took a huge beating. From panic comes opportunity, and while it may seem cruel and heartless to buy a stock after a tragic incident, the country does burn a lot of coal.

I don't own any and would probably wait until selling volume and government investigations dry up. But until we come up with other ways to generate electricity, we are going to need coal.

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