Based on my readings and my recollection, it seems that there is a positive outlook for coal this year, and for several years after that (give or take). The negative outlook seems to reflect the longer term sentiment that coal will eventually be replaced by alternative technologies at competitive prices. However, this negative view seems to have been around in a substantial way for a while now - definitely the past five years or more - so I have to imagine that this has already been factored heavily into the price of the stock. My question: given current conditions and at the present time, what is a good timeframe to hold on to ARLP? Two years max?
This is similar to how I am feeling about FIO. When there are headlines about law firms circling FIO more or less every week since November, it's understandable that investors would want to stand back - even if they are intrigued by the company itself.