Joseph P. Porter
Medium-term horizon, ETF investing, industrials, fundamental analysis

Rhino Resource Partners: Ready To Charge Into The Future

Rhino Resource Partners LP (NYSE:RNO) (hereafter "Rhino" or "the Company") is a coal producer operating in both the eastern, central and western United States. On November 7, 2012 (the day before election day), Rhino opened at $14.58; on December 14, it closed at $12.63 - a loss of $1.95/share, or 18.9%. During that period, Rhino traded down 18 days and up nine. More significantly, on October 24, Rhino closed at $17.02 (its most recent high), which, compared to its current valuation, means the Company's stock has dropped almost 25% in value in less than two months. Its 52-week trailing high was $21.67 on December 22, 2011.

In short, Rhino has been trending somewhat alarmingly downwards.

Some of the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details