railroad stocks were slow and long term stocks they were not meant to be a fast gaining stock. because the business is affected by pretty much everything. environmental from the weather, financial such as lower fuel cost which causes freight to be shifted to trucks, employee shortages due to there not being skilled tradesmen to fill the jobs. The PSR model isn’t successful long term which is where this company should be looking its 150 years old what we did before obviously was working, did the stockholders make money hand over fist no but they showed a profit every quarter that was feasible to allow for those issues. When freight traffic goes back up this company will not be ready for it which will mean more losses.
7 replies (most recent on top)
They will buy more to drive the price up
it hasn't hit it's low point. wait till it gets around $65 a share then invest.
The stock will come back. You should invest.
It’ll be under $100 before summer
it'll be under $100 again by the end of the year.
Children.