Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of coal miner Patriot Coal
So what: Alpha Natural Resources
Now what: You might think that less supply in the industry would be good for everyone, but what this really does is show just how dire the conditions are in coal. The low cost of natural gas has caused power generators to switch to natural gas, and more stringent regulations have caused older plants to close.
Interested in more info on Patriot Coal? Add it to your watchlist by clicking here.
Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.
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