top 4 sells , page-19

The market is probably also looking at Peabody's results, as reported in the AFR:

http://www.afr.com/p/opinion/peabody_expectations_bad_sign_for_6qOGGkv5PPFukYodjfhIBM

Peabody now have a market cap of $US5.6n, which is only slightly higher than the $4.9b it paid to buy Macarthur Coal.

Peabody said its earnings for 3rd quarter would be 20c-45c, whereas analysts expected 65c.
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I'm in WHC and that looks terrible too, but will look worse if a takeover doesn't happen.

It's just a deep cycle- nothing fatal. Should bring out the opportunists and predators soon.