Mad Money 25 August 2005

The Mortgage-Pro · Site Admin Joined: 19 Jan 2005 Posts: 2248

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

stinky feet · Joined: 30 Sep 2005 Posts: 7

what is BTU today?

The Mortgage-Pro · Site Admin Joined: 19 Jan 2005 Posts: 2248

http://money.cnn.com/quote/quote.html?shownav=true&symb=BTU

stinky feet · Joined: 30 Sep 2005 Posts: 7

i mean thanks

The Mortgage-Pro · Site Admin Joined: 19 Jan 2005 Posts: 2248

No problem