James River Coal Co (NASDAQOTH:JRCCQ)

CAPS Rating: 2 out of 5

The Company mines, processes and sells bituminous, steam- and industrial-grade coal through five operating complexes located throughout eastern Kentucky and one in southern Indiana.

Recs

1
Player Avatar BSHumphreyII (83.33) Submitted: 6/29/2009 11:47:17 PM : Outperform Start Price: $13.18 JRCCQ Score: -136.58

Financially, this is a scary company with a lot of leverage. However, news of coal's demise have been greatly exaggerated, and James River has the potential to be a big beneficiary of a renewed coal boom.

Like the current top bear pitch says, this stock has endless potential if the company doesn't go bankrupt first. I'm taking the other side of his bet along with my general contrarian bet on coal.

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