Fast Money Picks For January 12th (RIO, VLO, PCX, CNX)

Tim Seymour said on CNBC's Fast Money that he wants to buy Rio Tinto plc (ADR) RIO on Wednesday. Rio Tinto plc (ADR) (RIO) gained 1.64% today, and closed at $69.99. Guy Adami believes that Vale (ADR) VALE will trade higher on Wednesday. Vale (ADR) (VALE) jumped 1.70% today, and closed at $35.33. Joe Terranova said that if you agree with a bearish outlook on coal from Goldman Sachs GS, you should take a short position in Patriot Coal Corporation PCX tomorrow. Patriot Coal Corporation (PCX) spiked 9.80% in the regular trading session, and it dropped 1.85% in the after hours. If you are bullish on coal, Jon Najarian recommended a long position in CONSOL Energy Inc. CNX. CONSOL Energy Inc. (CNX) gained 3.92% today.
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