It's not the other stocks that affect this company. It is the investors that invest in the coal or energy sectors that affect this PPS. THe price in all the energy stocks are dropping because the BIG guns are pulling their money out of the market. Many factors are involved and I do not have all the facts why. There is also a switching of money because of cycles and seasons of the year. It happens all the time in the market.
Agreed , all I'm saying is if you had your money in either JRCC, or ACI, or even our neighbour Massey,all top producing coal companies, you just lost your bollox bigtime, Massey has dropped from $95.70 to todays £38.90...OUCH
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