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Mad Money 25 August 2005

 
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The Mortgage-Pro
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Joined: 19 Jan 2005
Posts: 2248

PostPosted: Fri Aug 26, 2005 12:44 am    Post subject: Mad Money 25 August 2005Reply with quote
Mad Money 8/25/2005

Jim Cramer suggested a coal play. The reasons why are demand related. Coal is the cheapest fossil fuel and coal is used to produce 50% of the electricity in North America.

There is simply not enough ways to transport coal so demand should stay strong.

For the best of bread coal play, Peabody Energy Corp (BTU) is the one. They are sitting on a 50 year supply of some really high grade coal.

BTU was trading at $63.74 as of the market close of 8/25/2005
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stinky feet



Joined: 30 Sep 2005
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PostPosted: Fri Sep 30, 2005 6:55 pm    Post subject: Reply with quote
what is BTU today?
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The Mortgage-Pro
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Joined: 19 Jan 2005
Posts: 2248

PostPosted: Mon Oct 03, 2005 11:17 pm    Post subject: Reply with quote
http://money.cnn.com/quote/quote.html?shownav=true&symb=BTU
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stinky feet



Joined: 30 Sep 2005
Posts: 7

PostPosted: Wed Oct 05, 2005 6:56 am    Post subject: Reply with quote
i mean thanks
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The Mortgage-Pro
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Joined: 19 Jan 2005
Posts: 2248

PostPosted: Fri Oct 07, 2005 2:06 am    Post subject: Reply with quote
No problem
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