Mon, Sep 1, 2014, 10:39 AM EDT - U.S. Markets closed for Labor Day

Recent

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

Kansas City Southern Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • lner2512 lner2512 Sep 21, 2009 2:48 AM Flag

    KSU stock price

    Thanks for your response. I understand how hedgies can affect stock prices, having been personally affected when they dumped some MLPs I own; Lehman was a major investor/dealer in many MLPs. Just the same, Neuberger Berman survived the Lehman bankruptcy pretty much intact. Could it be they--or other hedgies--have started accumulating KSU shares again? Someone is driving up the price.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The daily trading volumes of the companies I watch are generally about 30% lower than normal. I don't see any longterm hiring happening yet.

      KCS share price benefited because:
      1. its share price was much more elastic than its peer group because about 25% of its shares were liquidated by hedgies--i.e. the bounce back resultant from an oversold position was much more evident.

      2. it is the only railroad that is developing a new market (i.e. Victoria/Rosenberg, allows it to compete with the cross border trucking business in that corridor). This gives it an increasing weekly carloading count.

      3. the resolution of the battle between Ferromex/KCSM trackage rights.

      beagle

 
KSU
115.36+0.97(+0.85%)Aug 29 4:06 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.
Criteo SA
NasdaqGSFri, Aug 29, 2014 4:00 PM EDT