Just my opinion. Market is in love with small coalers that have not so great track records.
CEY is expanding. This half years numbers as a result I expect will not be that fantastic. Thing is CEY is ploughing a lot back into increased production and the numbers late 2005 will be very good, 2006 when the new stuff if fully on line even better ... and 2008 well ...
Short term suspect needs to try support 367-357 ...
Expect target for 2005 of $4.80- $5.00
Just currently going down ....
For me ... going to try and pick a bottom and average in.
Good luck
CEY Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held