Fri, Jul 11, 2014, 9:58 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

CSX Corp. Message Board

  • hooloweiner hooloweiner Oct 16, 2013 10:25 AM Flag

    What Da Heck? We down and markets are soaring!

     

    Beat earnings estimates and fwd guidance was positive,,,,,selling on the news?

    Guess you no longer reward positive earnings....being manipulated by the hedge funds that's for sure.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Over the last week it appeared to me that the MM's and specialists bought more than 1 million shares more than they sold. While this kept the stock from dropping as much as the markets the last few weeks, they have a lot of inventory that must be sold off now.

      Once the buyers deplete this inventory the stock will move up. It should happen. Just give it a few days.

      p.s. this is typical for CSX. If you look at earnings dates the stock quite often moves in one direction immediately after earnings only to reverse and move well in the opposite direction after a few days.

      Sentiment: Strong Buy

    • I don't understand it. Earning are up, the market is up, but CSX is down. Doesn't make a bit of sense. What happened?

      • 3 Replies to spebudd
      • Had to sell it on loss @25.69. I will however, use this learning curve for future earnings and for their next morning move. I will start it today with observing and taking position in SNDK before close.

      • Noticed something since yesterday, pls let me know if it makes sense. I was short on JBHT yesterday, but JBHT recovered and went up soon after the open though has EPS miss of $0.03 cents. Noted that volume line before previous close was green proved next day morning up move.
        LLTC missed EPS $0.01 yesterday after close but there last volume line before close was green. This stock is holding up good today despite an EPS miss.
        Now CSX beats the earnings, guides up but volume line before yesterday close was red with more than 400K volume. Again looking at up two examples, it drove the stock down in the morning. However, stock is fighting hard based on results. I bought after hours at $26.25 and am since holding. Please let me know, if my observations are making any sense?

        Sentiment: Buy

      • CEO comments

 
CSX
31.00+0.16(+0.52%)Jul 11 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Potbelly Corporation
NasdaqGSFri, Jul 11, 2014 4:00 PM EDT
ACI Worldwide, Inc.
NasdaqGSFri, Jul 11, 2014 4:00 PM EDT
MGIC Investment Corp.
NYSEFri, Jul 11, 2014 4:01 PM EDT