James River Coal Company (JRCC), another of the coal stocks in a hot bull market, has been a stock to watch since late March, 2008. Since then, it has been steadily increasing in health in comparison to the other stocks in the market, and as of early June, 2008, the big money crowd (institutional investors) has joined into the game and has started buying shares.
Since 2011 JRCC has seen a marked decline in its share price. Falling from above $25 to under $3. It is believed that in the coming months, JRCC could declare bankruptcy and try to restructure its debts. Currently, the 50-day moving average is at $2.46.