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CSX Corp. Message Board

  • toppowerplayer toppowerplayer Oct 16, 2013 12:47 PM Flag

    To the Short Haters

    I know a bunch of short haters jumped all over me when I advocated shorting this stock near $26.50. I closed my short position out at $25.70 recently. In the spirit of fair disclosure I have taken a long position today.

    I really apologize to all the longs that lost money as this stock fell from its highs to its price today, but now we can safely buy the stock at $25.70 with much of the earnings and political risk off the table. I do believe we can make it back up to near $27 before the end of the year.

    Just wanted to say that the one time short seems to have had the last laugh here.

    Sentiment: Buy

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CSX
26.17-0.37(-1.39%)May 4 4:00 PMEDT