speaking at CPAC in Washington D.C. on February 11, 2011. (Photo credit: Wikipedia)
Seems like some groups were listening to the debate on Wednesday night.
U.S. coal stocks jump on Romney comments: analysts
Thu Oct 4, 2012 11:15am EDT(Reuters) – Mitt Romney‘s support of the coal industry during his debate with President Obama sent coal company stocks higher on Thursday, analysts said.
“It’s amazing what 15 words about coal in a presidential debate can do for the stocks,” said Michael Dudas of Sterne Agee.
“These stocks have been volatile, but you can’t discount what a man running for president said about coal. Call it the Romney rally.”
During Wednesday’s debate with Obama, Republican candidate Romney brought up coal during a discussion of energy policies.
“By the way, I like coal. I’m going to make sure we can continue to burn clean coal,” said the former head of the private equity firm, Bain Capital.
“People in the coal industry feel like it’s getting crushed by your policies,” he told Obama.
Read more at Reuters.
Do people what a better economy? Do people want lower energy costs?
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