Looks like it's heading back to support at $50....any thoughts?
Very good call!New shares were sold in a real hurry by company. Those with losses that are needed vs. other gains might be source of selling now for tax purposes. The selling is light.Credit spreads are widening as well generally. And NS is only BBB rated at best.Will probably act somewhat better after first of new year.
Maybe your right but I'm guessing $55ish? There appears some support there as well.
the fall off after a secondary is normal--the play on asphalt will be a big time winner over time---