Dow up almost 200. ALL coal stocks EXCEPT NRP had a big early move up. NRP was in the red EARLY AND MOST OF THE DAY. A "buy" rating by "'the Street" and an 11% distribution means nothing. A very big downward move is coming for NRP between now and month end.
Oops, you violated the first rule about predictions. If you predict an event, don't give a specific time frame. Unless the market craters before year end, I can't see any reason for a big down movement for NRP this month. Unless the EIA 2014 energy report, which I think si due out on December 16, is really bad for coal, which I don't expect.
Did not know about the predictions rule. Also didn't know about the EIA energy report. Good information. I will watch for that. My predictions are based on the fact that there have been no reports of increases in price for met or thermal coal. The massive move up in the dow and S&P has prevented a big drop in coal company shares to date (including NRP). Analysts are now pushing a coal recovery out into 2017. Many coal mines will close in the meantime and a few coal companies will bankrupt. NRP will surely cut or eliminate the payout. The fall in NRP share price is coming. Not just a prediction, a fact.