They Just Don't Get...
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I have (MEE) in my portfolio. My cost basis is 31.90. I also have WFT and MRO.
Just
wondering what your take take is on this
stock MEE?
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The coal stocks have been trading very well. I like MEE. However, I am holding
the Market Vectors Coal ETF (KOL). I do not think that you can put MEE and MRO
in the same category. I don't like MRO refining business. Long - KOL
Answered by Scott Rothbort / Lake View Asset Management, LLC
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its been in a up channel since april. as long as it stays there and keeps making
higher highs and higher lows its probably something you can hold on to. having
said that its up $6 in the last 2 weeks, at the upper end of its channel and may
be ready for a pullback.
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