If you are thinking about investing in coal or wondering why it's getting hammered then I have three words for you: cheap natural gas.
I don't know anything about coal or investing in coal. However, if you pay attention to all of the news on Fracking i would only invest in coal if fracking starts to get shutdown due to all the environmental concerns.
Otherwise fracking could end up being the nemesis of coal. I read the following line in a recent news article about natural gas
Quote:
Eighty percent of future electricity generating capacity is expected to be from natural gas and many coal-fired plants may be shifted to gas. The market incentives are already there and jobs are flourishing.
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Not only is natural gas cheap right now but it burns far cleaner than coal in power plants.
Just my .02