And that's why over the long term [1-3 years from Jan 01st 2012], coal stocks will recover to three times [or more] from the levels that they are trading at now. So no worries. But first things first: a REAL solution must be carved out of the EU situation. Until then we will see extreme volatility, a stronger dollar and possible crisis scenerios out of Iran, North Korea and China. $6.80 may seem cheap when the 52 week low was $5.41 and the all-time low was $3.56. But the pps could easily retest $5.41 soon and re-test $3.56 in a sustained crisis mode. Only $1.39 from $5.41 and $3.24 from all-time low. Any move back towards 52 week low i a load up the truck huge buy. $4s is the buy of the decade. Cause you'll be able to make MINIMUM 3-4 times your money in no more than 3 years. And also at those prices, a buyout possibility increases tenfold. So lets hope we get there. I would like to retire soon.
these threats have been there, everyone knows the world is not stable and will continue for some time. Stocks fluctuate as does the market, we could get a nice run next few weeks then pull back, I don't see short term fall below $5 for JRCC. Believe everything has been priced in for the time being.