FindProfit.com: Coal Stocks Retreat for Good Reason, But Opportunities Exist
11 November 2005 - 3:13PM
PR Newswire (US)
PRINCETON, N.J., Nov. 11 /PRNewswire/ -- FindProfit
(http://www.findprofit.com/), an investment service that delivered
an +18% average return in 2004 and is up an average of 9.1% through
October 2005, today provided subscribers with an updated outlook on
coal stocks, including coverage of Fording Canadian Coal Trust
(NYSE:FDG), James River Coal (NASDAQ:JRCC), Pine Valley Mining
(OTC:PVMCF) (BULLETIN BOARD: PVMCF) and BHP Billiton (NYSE:BHP).
FindProfit.com Editor Bill Martin says that recent demand signals
point to lower metallurgical coal prices in 2006. This, in turn,
will crimp earnings power at metallurgical coal miners. However,
upside potential exists at some met coal names. Meanwhile, volatile
near-term results at select bituminous and sulfur coal miners has
created a buying opportunity, Martin said. Updated investment
analysis of Fording Canadian Coal Trust, James River Coal and Pine
Valley Mining is available to all trial and paid subscribers in
FindProfit's latest Biweekly Report, released today. Sign up now
for a 30-day free trial to FindProfit and gain instant access to
FindProfit's in-depth coverage of the media, tech, telecom,
financial, pharmaceutical and energy sectors, as well as our full
investment commentary and comprehensive model portfolios, by
clicking here: https://www.findprofit.com/subscribe/?refer=prnew3
FindProfit finds you winners and has beaten the market three years
in a row. The service posted average model portfolio returns of
53.4% in 2003, 18.6% in 2004, and 9.1% through October 2005. This
compares to average returns in the three major market indexes of
33.9% in 2003, 6.89% in 2004, and -2.1% through October 2005. All
portfolio returns have been documented by a Certified Public
Accounting firm. About FindProfit.com: FindProfit.com is a leading
publisher of timely and actionable investment commentary for both
individual and institutional investors. FindProfit's investment
service gives investors the edge they need to consistently beat the
market. For more information or to sign up now for a free 30-day
trial to FindProfit, please visit:
https://www.findprofit.com/subscribe/?refer=prnew3. NOTE: This
release was published by Indie Research Advisors, LLC (CRD
#131926), a registered investment advisor with the NASD and State
of NJ. Past performance does not guarantee future results.
Investors should always research companies and securities before
making any investments. Nothing herein should be construed as an
offer or solicitation to buy or sell any security. CONTACT: Marcie
Martin, FindProfit, +1-888-440-6116. DATASOURCE: Indie Research
Advisors, LLC CONTACT: Marcie Martin, FindProfit, +1-888-440-6116
Web site: http://www.findprofit.com/
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