All the bad issues are turning positive and many positive issues will happen between now and 2016.
Longs are about to be rewarded !! Buy now because you are at the beginning of a massive run on
CSX. Should I explain ?
If CSX had better upper management CSX would be over 40 by now CSX can not help but make money. Retired from the railroad after 38 years and have owned railroad stock for just as long . I believe if management were changed CSX could skyrocket that is why I am holding on
retiredcsx - As an investor I greatly appreciate your posts and also believe CSX is in for an excellent rest of 2014. The most important railroad plans have to include Company purchasing more tank cars - and to new specifications to ensure no fires or problems should they ever derail! Including the fact any cars still in service
around prior 1995 need to be taken out of service and replaced.
Dont worry about CSX and less coal shipments - They have the ability to handle chemicals and share of oil however there is a shortage of refineries in the parts of the US that is served by CSX. Containerized cargo is a big plus!
Chance to buy below $30 will end shortly. Today CSX's presentation they released that 100% of all traffic
is positive except export coal. Coal volume today up over 8% this Q and they expect coal to continue
positive growth going forward.....even with the Obama/EPA event. NSC also lost a coal contract to CSX.
Oil.....remember CSX said they expected oil to grow 50% this year.....now they say it will double or 100%
growth. I don't know for sure if this is PES adding additional train.....or Yorktown taking more. I do
know that 2 more refineries on the east coast are going to start taking oil via rail.... This could be why
shipments jumped from around 65% growth weekly to over 100% two weeks ago...and over 90% last week.
I guarantee when CSX reports 3rdQ in Oct....you will see headlines that read: CSX improved OR and
EPS growth........it now appears they have expenses under control. That's when you are going to see
a serious run up in PPS. 2015 will be a major run on CSX stock pps. What do you think ??
Since above post stock up from 29.07 to 29.50..... a lot more rewards coming.
Volume / carloads are running about double analyst expectations.... expect more upgrades and
Coal volume for nsc up around 3000 and csx up over 13,500.... with the only drag on volume
July the expense which hurt eps growth will end.... with the sun rail expense which will
no longer hold back earnings falling to bottom line or eps growth...this will increase eps around
.05 per share going forward...""".forever""""...... more rewards.
Above were the bad issues....which have turned positive.
A very long list of good issues, which should be in force by 2016, and each issue will
increase earnings for CSX......and massive rewards. glta