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Alliance Resource Partners LP Message Board

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  • kennyk812 kennyk812 Aug 14, 2011 12:46 PM Flag

    ARLP and the markets

    good move. i did the same thing the last time it hit 78 79. i bought back in too early.
    the only reason this stock moves like it does is because there isnt enough liquidity or volume. avg 180k shares traded a day is nothing for 2bil market cap. thanks to all the insiders holding 40% the stock. Aug 8 on our big loss day you can see where 20k shares were sold twice. that is over 20% of the shares traded that day. there just werent enough buyers to hold up the price. fortunalty we have a large dividend,to bring in buyers when the price falls below 69. i dont think the price will fall any lower than it already has as long as earning continue the way they have

 
ARLP
15.65-0.72(-4.40%)Apr 29 4:00 PMEDT