In 4 years union Pacific will be bankrupt if the current trend continues
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May all of them be blessed as they have been a blessing to others. Karma, baby.
UP is valued $118 billion and is priced at $166 per share on the NYSE. They have billions of dollars in hard assets (mostly infrastructure and real estate) that can be easily sold off and used to finance other investments or service debt.
UP is nowhere near bankruptcy.
I found all of this with a 30 second Google search.
No. That's what Google is for.
Care to explain to us how UP is a monopoly?
Nope. Government protected monopoly.
With the way they are borrowing money to buyback stock they might. 1.9 billion in profits this quarter and borrowed 8 billion to buyback stock to keep the price higher.
One can always hope. The biggest sh---show on wheels needs to sink into oblivion.
Maybe in 10 years.
They'll be broke.
Headed towards bankruptcy? Wow you’re not very bright are you.
No they won’t. They might have a sh-- show for an operation but they are far from bankrupt. And even if they did go under they’d get a government bailout. Too big to fail you know the drill.