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Alliance Resource Partners LP Message Board

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  • norris_3845 norris_3845 Feb 15, 2010 11:35 AM Flag

    ARLP was on website.

    Kind of makes sense. As long as ARLP pays almost 8%, the stock is not going to go down much. And, it does seem to have the cashflow to support the dividend. Plus, the new mine will support an increase in revenue and earnings.

    I think at under $40, this is a heck of a buy. In a way, I am sort of doing that. I sold in December at 41.94 and I bought back in last week at 38.50. So, I guess I feel that under $40 this is a steal and above $42 it is time to go. However, with the new mine, I think I would raise both about $4/share. So, the new get out is about $46.

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