I've held other rails, BNI, before the Buffet buyout, and CSX. Both split 3 for 1 at one time. I would be thrilled to see this one split 3 for 1...
5 years ago they announced a 2 for 1 split when it was about 160--- would probably do the same thing again. I cant see why it matters much.
Actually the stock was in the 130 to 140 range when the split was announced and headed up to 160 before the split.
It matters because one makes bank in the market on quantity of shares traded.....$1X 2 or 3 is better than 1X1....
Looks like it split somewheres about 10 the last time. Splits do not generate any value.
no value in split,but it does generate stock movement to increase value with more investing.
that was 160 - typo
What is so thrilling? Are you autistic and just love re-doing a little bit of math?
Not going to happen with UP 2 for 1 is your only prayer I hope for a private buy out offer of about 250.00
Keep swinging your mop, pal.....climb the ladder.
A buyout means that you have just killed another cash cow.