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PATRIOT COAL CORPORATION (PCXCQ) [hlAlert]

Rating:
Buy PCX
down 99.46 %

PATRIOT COAL CORPORATION (PCX) rated Buy with price target $24 by UBS

Posted on: Tuesday,  Sep 14, 2010  11:25 AM ET by UBS

UBS rated Buy PATRIOT COAL CORPORATION (OTCBB: PCXCQ) on 09/14/2010, when the stock price was $11.14. Since
then, PATRIOT COAL CORPORATION has lost 99.47% as of 12/13/2013's recent price of $0.06.
If you would have followed this UBS's recommendation on PCXCQ, you would have lost 99.46% of your investment in 1186 days.

Patriot Coal Corporation (Patriot) is a producer of coal in the eastern United States, with operations and coal reserves in Appalachia and the Illinois Basin. It is also a producer of metallurgical quality coal. The Company?s operations consist of 16 mining complexes which include company operated mines, contractor-operated mines and coal preparation facilities. One of its mining complexes is located in northern West Virginia, 12 are located in southern West Virginia and three are located in western Kentucky. Patriot ships coal to electric utilities, industrial users and metallurgical coal customers via various company owned and third-party loading facilities and multiple rail and river transportation routes. In July 2008, Patriot completed the acquisition of Magnum Coal Company. In January 2009, the Company closed its Jupiter mining complex.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/14/2010 11:25 AM Buy
None
11.14 24.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/28/2010 11:25 AM Buy
None
11.87 26.00
6/22/2010 10:25 AM Buy
None
13.48 28.00
9/17/2009 8:25 AM Hold
None
12.76
7/16/2009 8:25 AM Buy
None
6.98
9/24/2008 8:25 AM Buy
None
37.94 67.00

(*) Stock Price at the time of the recommendation.
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