Thursday, April 30, 2009

Contrarian Asset Play - Coal-Based Utilities

I don't even know the space, but it doesn't take a scholar to work out that coal-based utilities are persona non grata right now (they are the nuclear power plants of the new century). In classic Wall St fashion, the market has fled (and will continue to flee) the space, thereby abandoning what will eventually be highly undervalued assets and a great contrarian play.

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