Opinion on James River Coal Company New (JRCC) Sector: Energy > Industry: Coal
JRCC

May 07, 2008 08:07 PM UTC

Robin Williams

Return	Risk
-6.98%	MED

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This pick is about: JRCC

Rating:	$30.88 (05/07/08)
Gain/Loss:	+36.37% in 115 days
Target:	$21.68 (-29.79%)

James River Coal Co. reported earnings results for the fourth quarter and year ended December 31, 2007. For the quarter, the Company reported a net loss of $18.5 million or $1.04 per fully diluted share compared to a net loss of $15.8 million or $0.99 per fully diluted share for the fourth quarter of 2006. For the year, the Company reported a net loss of $54.0 million or $3.29 per fully diluted share compared to a net loss of $26.2 million or $1.65 per fully diluted share for the year ended December 31, 2006. Revenues for the year are $520.6 million compared to $564.8 million for the same period last year.
Consider buying this stock when it hits $21.68...or wait till about $19.23 to buy. I advise anybody holding this stock or has been holding this stock for a while to sell.