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More on James River Coal's (JRCC) Q3 results: Repurchased $53.7M of its outstanding debt at...

More on James River Coal's (JRCC) Q3 results: Repurchased $53.7M of its outstanding debt at "very advantageous market prices." Currently has $172M in available liquidity vs. $192M reported at the end of Q2. The results, combined with Pres. Obama's election victory, send shares -18.5% premarket; BTU -6.4%, ANR -8.9%, ACI -9.4%, WLT -5.3%.
Comments (3)
  • GalXZ
    , contributor
    Comments (57) | Send Message
     
    Oh no, wrong Pres.for coal industry. Maybe the coal workers can move to China and put solar panels together.You can thank Pres. Obama for that.
    7 Nov 2012, 10:28 AM Reply Like
  • bajadoc
    , contributor
    Comments (67) | Send Message
     
    You are a Gal of my own heart! I agree completely! Don't know if this is the site for political philosophy, but by your comment, I think we agree on both politics and how it affects the markets. Sold half my coal stocks pre-market, and then sold rich calls on the remaining shares once options opened.
    I now am faced with the reality of a new Liberalism that has stealthily overtaken this country. Obama crafted his win by uniting various voting blocks under the cover of darkness. The new demographic of this neo-liberalism is comprised of Hispanics, African-Americans, age group 18-29, single white women, unions, the Hollywood crowd and an olio of mis-informed individuals. Alas, I am now a minority. The Republican Party is dead. Move over Greece and Spain, here we come!
    7 Nov 2012, 11:22 AM Reply Like
  • GalXZ
    , contributor
    Comments (57) | Send Message
     
    Free market capitalism is the best path to prosperity, are the words that come to mind.
    8 Nov 2012, 03:40 PM Reply Like
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