James River Coal: Emerging Long-Term Optimism [View article]
The co. is generating losses and burning cash. By the time they get to profitability (if ever), they would have burned through a lot more cash, so the EV will be higher. Also, their costs are rising, and I don't think they will ever earn more than $1 per share. This stock should be at $12.
James River Coal: Emerging Long-Term Optimism [View article]