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FreightCar America Inc. Message Board

  • excelman_99 excelman_99 Sep 6, 2012 1:01 AM Flag


    If you got long in the 20s hoping for a rebound that never came, you must sell here. The last quarterly conference call transcript revealed that the company is stuck in the past (coal cars) with no real path to grow the company in the future. The analysts were even borderline hostile on the call, wondering why this is a public company. Upon further review, I couldn't agree more. Let this go, as it will continue to trade below book value, as the assets in place have reduced future earning power. This is your fair warning to exit now before things potentially get worse.

    Sentiment: Strong Sell

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13.99+0.42(+3.10%)Sep 28 4:00 PMEDT