Patriot Coal Corporation (PCX ,14.73) engages in the production and sale of thermal coal in the United States. It has operations and coal reserves in Appalachia and the Illinois basin. The company provides its thermal coal to electric utilities, as well as metallurgical coal to steel mills and independent coke producers. It has 14 company-operated mines, contractor-operated mines, and coal preparation facilities that are located in West Virginia and Kentucky. GOP won mid-term election will favor energy and coal stock. Even PCX earning has not been great yet. But I believe it could be a candidate being acquired too in the wave of coal industry consolidation. We have been very lucky on this one before and hope this time too. Buy it at $14.73 or less, Sell it $23-24 and Stop loss at $15 (Ref. to my blog on 11/13/10)

Sold PCX at 24 on 1-11-11 for the gain of 62.9% in less than two months