China Long/Short Coal Play

By Shaun Bhagwan
March 05, 2010 3:00 PM

Symbols: LLEN, SCOK

If traders are looking for a nice long short play on these chineese coal stocks, look into shorting SCOK with taking an even dollar amount long position in L & L Energy, Inc (Nasdaq: LLEN).

L & L Energy, Inc is looking very undervalued as a coal play in comparison to its competitors SinoCoking Coal and Coke Chemical Industries, Inc (NASDAQ: SCOK).

L & L Energy is up 8.82% today on heavy volume.

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