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Coal could be making a comeback

Posted on 09 October 2012

Coal stocks could be making a comeback as it begins to look more attractive to utilities, Sterne Agee analyst Michael Dudas said Monday on CNBC. “I think you’re seeing a lot of utilities switch back right now,” he said on “Fast Money.”
“I do think you’re seeing some more coal dispatches relative to gas, and that should be helpful for demand and pricing going forward.”……………………………………….Full Article: Source


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