if when drop from 8 to 6 then the 6 to 8 is also possible. comes jan 3rd we will rally for a week and that is enough to get you to high 7 and bail out before wall street correct the market again
just manipulation, many stocks have lost tremendous value, big money (mm) bring stocks down, wipe out many small investors and then take stocks back up. Nothing has changed for JRCC in the last 12+ months, production, sales fluctuate, this is a solid company.
If coal is bad then why did jrcc buyout a company and ANR buyout MEE, ACI boughtout ICO, china and BTU looking to acquire? If anything JRCC can be a takeover target at these levels. Net income is more than PCX and close to ACI.
You cannot even spell, you uneducated TWIT. It is "YOU'RE," you dunderhead. Jesus. Why would ANYONE in their right mind even listen to you? Go back to the deep fryer at Burger King, sunny-dunce.
What makes you think we will rally next week? We were supposed to have a Santa Rally, and that never materialized. Sure markets were up but not by much. Thursday key date as Italy 10 year bond auction will determine trading enviornment for the next week. If yields run back up over 7% towards 8, watch out below. Frankly, at $6.25, only $.84 above the 52 week low, you'd think it would be a great entry point. Coal stocks are cheap, right? Well, if the Italian auction yields jump up again, the share price for JRCC and other cols will reach their 52 week lows. At 52 week lows, I would start buying for long term, 1-2 years at $5.41 or thereabouts would be a triple MINIMUM. $6 seems good too right? I'm telling you it is too high at $6.
those are fabricated news. no major bad in europe its called wall street manipulation. what happened two weeks ago when they say us is headed to another double deep? a month later they say things are good. i bet you one thing. there will be a great rally in coal stocks the first week of jan and willing to bet with you. jrcc will be at 8 pcx will be at 11 and anr will be at 22.