Thanks for posting. I'm long at 15 and watched profit disappear today. The backlog is a manageable problem/situation and, though anything is possible with Mr. Market, the company has earnings and a one year + backlog. I added to position today at 14.75 believing our economy, along with a renewed clean coal and energy business along with infrastructure will increase. Again, appreciate your post.
As is said "It's a good start". Now we need the remainder of officers (that's you Aartie) to go. Usually, the rats are pretty good at abandoning the ship they sank! PS Don't let he door hit you in the buttox on the way out! bye bye, another happy camper shareholder.
I stand grammatically corrected! I'm a proud member of the Fukawie tribe and have often climbed the nearest mountain to scream :We're the Fukawie! Due to lack of humor (PC) by yahoo, the term fukakta is used on occasion as an adjective or a verb, replacing slang for intercourse. Thank you for your humor...rare on these boards.
The balance sheet for RAIL is exceptional! The question is 'when will the rail business and specifically when will car orders improve?'. It appears to my old eyes there're orders on hand to cover positive cash flow and earnings for the next one to two years. Assuming (which makes an #$%$ of you and me) 50% of orders are cancelled, there's enough business for the next 18 months before the company'll have to shutter manufacturing and lay off all personnel, excepting a couple of night watchpersons! GBX has been recovering, albeit, slowly...but, I NOW HAVE A PROFIT! I am not a pumper, and assume from the lack of prior postings on this board, there's no one reading this posting and I am getting my therapy from venting. So be it; but, I believe this stock is one heck of an opportunity which could trade as low as cash on hand with no value attributed to any other assets...but, I'll sleep well for the next year even if I don't see an immediate profit.
This POS is the "gift that keeps on giving"! Fukakta these MFs running this loser! We should figure a way to get them tossed out of their positions (BOD+Officers). They are a disgrace!!!!!!!!!!! I get great exercise every day by kicking myself in the derriere for buying in several years ago. FUKAWIE!