Your math leaves much to be desired. The 2015 est is $3.87. How can you subtract 3% per year for 5 yrs and end up with $3.95?
Management's job is to manage the business, not the stock price. And, their job certainly isn't to hold your hand.
RE: distribution. It was addressed on the conference call during the Q&A.
As for competitors emerging from bankruptcy, the current shareholders may be wiped out completely; the existing debt holders then become the new shareholders. Hence, a new company emerges from bankruptcy with a clean balance sheet and a lower cost structure.
Which one did you buy? And you can't short a call; you can short the stock. Did you buy a put or did you short the stock? Do you know what you did?
Mr. Market seems to have a personal vendetta against you, rx. Losing on the puts won't be enough; he wants to drive you out of ARLP at a loss! That will be the real magic.
Put some numbers out; you can't do it, fool. Also, closing mines cost money. You didn't know that did you, fool. Load up on the stock buddy; go ahead. Then we'll see who is the fool.
Thanks...Have you noticed the earnings forecast from 15 to 16 are going down; that would be considered deteriorating fundamentals. Also, have you noticed the next 5 yr growth rate is a negative 3.64% per annum.
1) If the price of coal does not rise, they will cut the distribution - they said so.
2) When their competitors emerge from bankruptcy, they will have debt free balance sheets and will be leaner, meaner, and more competitive.
3) Regardless of the value, ARLP and AHGP may go lower than anyone believes possible.
Coal will live....I will make money on coal; you will not because you are blinded by hate......as for ANR and ACI, they will have to declare BK to become competitive. Common shareholders will be wiped out; the current debt holders will become the new shareholders, and a new company will emerge from BK with a clean balance sheet. I suspect you do not understand.