I only see positive signs up ahead as everything they are doing is meant to improve their situation. It takes time to see results though. So being the hero that I am I bot 3000 shares this morning...
Lets see if I can make sense here.
If you are holding it until you get even doesn't it make sense to pic up a few more thousand shares at this discounted price? You will be amazed how fast you will recoup your losses when it gets back up to $4-5 range.
You may not be too far off hawk however I would add a little twist.
I suspect drones will be used to deliver items to designated locations e.g warehouse, heliport or predetermined collection location. No way will items be delivered to your house.
I will take it a bit further. I wont be surprised if a document will be delivered to a roof top pad in a business area. Looking for building codes to catch up with the FAA to clear things like this.
However I am not sure how the regulations will get around one of their prime constraints on the drone proliferation and that is the drone has to be visible to its operator (within line of sight),
GBX and rails are not going away...
Nothing wrong with buying now at these prices which are 40-50% lower than my original holding prices. Then selling after a week my old holding and harvesting the losses???
Typically they would have been allocating that amount in their budget. if so it shouldnt have an impact. It could have a good impact if the settlement amount turns out to be less than they allocated.
May I add. You can write off all your tax loss against a gain in another stock in that year. Moreover you can carry over to the next year all of your remaining loss but use up $3K if u have no other gain.
IMHO, I suspect it will move up early Jan as it is very depressed now. It might go on someones Most Depressed Stocks for 2016. That could trigger a buying frenzy.
I dont need the tax loss for this year though. Its just that this endless downdraft is unerving.
I wont be surprised if it picks up early Jan as it is very depressed at this level. I hope it goes on someones list of depressed value stocks for 2016:))
The cars Buffet bought were already in the system, they are not new so he didnt add capacity. They just changed hands. Buffet will now lease them to whomever needs them.
Looks like Berkshire bought 25,000 tank cars from GE... well good for GE which has a large leasing business it should also be a good indication of the business climate although the statement does not break down over how long a period.