Peabody Energy: Current Valuation Hard To Justify. Sell Or Stay Away! (NYSE:BTU)

Peabody Energy ( BTU ), the largest US-listed coal miner, has seen its valuation jump by more than 300% over the past 8 months. In this piece, I will try to demonstrate that BTU should be avoided, if you do notAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ...