Reviews

2014 Review of Online Brokers
Investors Business Daily
Top 20 Baby Boomer Sites
«  
  »
Bookmark and Share

Big Mover; Patriot Coal Corporation (PCX)

By Warren Paige

Shares of Patriot Coal Corporation (NYSE: PCX), a producer of thermal coal in the eastern U.S., rallied in trading today.

PCX shares ended the day 33.33% higher at $1.84 on above average volume of 17.40 million. The stock has now gained 42.64% in the last three trading sessions.

PCX shares have fallen sharply in the last one month, despite recent gains. The stock is down 24.59% in the last one month. Year-to-date, the stock has tumbled 78.28%. PCX’s performance this year is in-line with other coal stocks.

Coal stocks have fallen sharply amid a sharp decline in demand in the U.S. However, Gregory Boyce, CEO of Peabody Energy Corporation (NYSE: BTU), recently said that demand from China has seen solid growth in recent months. Boyce’s comments at a recent conference have given a boost to coal stocks, including Patriot Coal.

July 3rd, 2012 | Tags: | Category: Hot MicroCaps

Enter your email address and receive this feed daily:

Delivered daily by FeedBurner

------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.

No comments


Leave a Reply

  

  

  

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


-------------------------------------------------------------------------------------------------------------------------
All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.