Oct. 3 at 7:31 PM
$BTU I think what the recents action has shown is that shouldn’t put too much value on technicals, charts and ‘fundamentals’. I know fuck all about most of these things. I just know the world needs ever more energy and I also know that all these green initiatives lead to hardly anything and that there are just a couple of reliable solutions out there that work regardless of the circumstances. Coal, gas and nuclear. Nuclear takes ages to develop which leaves gas and coal that work right now when we need it and Peabody is the largest coal producer in the US responsible for 10% of the energy production and it’s worth only
$4B? Forget fundamentals, I think it’s one of the cheapest stocks out there. As I said before, there are 50 shitcoins worth more than one of the most important sources of energy in the US, no brainer. Long and bulish.
