I’m Bullish on BTU, a stock that is way oversold. Credit Suisse today came out with a 12 month target of $44 per share and an Outperform rating. The 52 week price range is 61.37 – 21.12. The adjustment came after Credit Suisse attended the annual investor day in New York. Here is the statement … [Read more…]
Today I added another 1/4 to my target position in BTU bringing my total investment to 175% of my target allocation. I have been buying BTU since 1/19/11 and in equal 1/4 increments through today 5/8/12. This stock has been my single biggest loser. However I intend to Stay Long in the Land of OZ … [Read more…]
At 11:20 this morning, I added another 1/4 to my holding in BTU bringing my total up to 150% of my target position in the stock.
I added 1/4 of my BTU target allocation at $41.60 on 8/22/11 bringing my total up to 125% of my target position. More on BTU Additionally I added 1/4 more of my target allocation in GLW at $14.25 on 8/25/11 bringing my total up to 100% of my target position. More on GLW
Premarket at 8:00:57 AM I bought my final 1/4 position in BTU at $48.87.
I took a small bite of the AKS apple, invested in more coal, got more Gorilla Glass and bought more of Rupert’s empire.
I just picked up another 1/4 of my target holdings in BTU:NYSE at $57.00 per share. The trade executed at 8:03 am in pre-market trading. I am now holding 50% of my target in BTU.
Peabody Energy Corp. (BTU) is back on my buy list, this time at $54 per share.
BTU seems inexpensive with a PEG value of 1.2035, below the Coal industry median PEG of 1.88