Seeking Alpha

Pirate Capital Continues Dumping Its James River Coal Stake

by: Lon Juricic November 27, 2006 | about: JRCC    
In an amended 13D filing on James River Coal Company (JRCC), Pirate Capital disclosed a 7.4% (1.23 million share) stake in the company. This is down from the 8.8% (1.475 million shares) million share stake the firm disclosed on 11/13. Pirate held 2.34 million shares of James River Coal as of the quarter ended September 30th.
Recently Pirate disclosed that Matthew Goldfarb, a James River Coal Board member, resigned from Pirate as part of the fund's recent shake-up.

Related: Pirate Capital Loses James River Coal Board Member, Cuts Stake

James River Coal Chart 27 11 06

Lon Juricic

Lon Juricic

19 Followers
0 Following

About this author:

Related Articles
More by Lon Juricic
Other articles by Lon Juricic »
Find People on SA
Financial Advisors | Portfolio Managers Analysts | Traders | VCs | Investor Relations Company Executives
Related Themes:
  1. Alternative Energy (27 in last week)
  2. Coal (3 in last week)
  3. Ethanol (2 in last week)
  4. Exploration & Production (15 in last week)
  5. Natural Gas (22 in last week)
More by Lon Juricic
Other articles by Lon Juricic »