Massey Energy Corp (MEE)
Ever feel like you got a lump of coal as a present? You may have Massey Energy to thank because coal is what they do. They do everything from the mining, processing, and selling of coal from their very own mines.
I see that the target price for this stock is $47 dollars as of 11/08/10 the stock is at 46.59 mid-day and the stock only has a dividend of .5% but a long-term expected return of 10% this is ok but i want better. I recently saw that Goerge soros has this in is portfolio and it represents about 1.8 percent after he increased his stake in the company 370%+ in 2010. the stock had a big one day jump of 11% which is great for Goerge but i was wondering if this is still a good play or not?
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