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  Topic: U.S. coal stocks jump
on Romney comments: analysts
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U.S. coal stocks jump
on Romney comments: analysts

Reuters, by Staff

Original Article

Posted By:Not your typical New Yorker, 10/5/2012 7:42:40 AM

Mitt Romney's support of the coal industry during his debate with President Obama sent coal company stocks higher on Thursday, analysts said. "It's amazing what 15 words about coal in a presidential debate can do for the stocks," said Michael Dudas of Sterne Agee. "These stocks have been volatile, but you can't discount what a man running for president said about coal. Call it the Romney rally."(snip)"People in the coal industry feel like it's getting crushed by your policies," he told Obama.

Comments:
Swing state coal, are you watching, are you listening?

      


Post Reply  

Reply 1 - Posted by: civilservant, 10/5/2012 8:16:44 AM     (No. 8911350)

The EXACT same effect would take place if the Presnidebt spoke of opening up Fed lands to oil drilling..........

But that would require a smattering of intellect, and an understanding of markets.

Empty chairs have neither.

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Reply 2 - Posted by: Johnny Angle, 10/5/2012 8:18:47 AM     (No. 8911353)

I never thought I would want lumps of coal for Christmas.

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Reply 3 - Posted by: 80coyotekate, 10/5/2012 8:18:56 AM     (No. 8911355)

Trucker Observation: We need all our energy resources to create work for 23 million unemployed American workers. Oil, Gas, Coal, hydro, wind and sun.

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Reply 4 - Posted by: Gale, 10/5/2012 8:21:58 AM     (No. 8911361)

Empower America, vote Romney/Ryan.

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Reply 5 - Posted by: Robinsolana, 10/5/2012 8:24:09 AM     (No. 8911367)

Trucker is right.
All of the above.
Someone call Sarah Palin. She know all about this.

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Reply 6 - Posted by: DaddyO, 10/5/2012 9:04:29 AM     (No. 8911477)

And all the union workers in the coal industry will still vote Obama.

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Reply 7 - Posted by: Redneck In NY, 10/5/2012 9:15:36 AM     (No. 8911503)

Or they will tell their Union overlords they voted for Obama, #6, but really pulled the lever for Romney.

I have a feeling that will be happening alot this election. White guilt libs will not want to look racist, so they wwill tell all their friends they voted for Obama, but in reality....watch as the exit polls vary greatly from the actual outcome.

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Reply 8 - Posted by: DaddyO, 10/5/2012 10:00:20 AM     (No. 8911602)

They'll look at the auto bailout (which was in reality a union bailout) and vote accordingly.

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Reply 9 - Posted by: BaseballFan, 10/5/2012 10:29:00 AM     (No. 8911695)

Note to self: energy stocks love Romney/Ryan.

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