In fact, this is the 2nd time you've lied about CP's market cap, and the 2nd time I've called you out on it....
That officially makes you a waste of my CPU time...goodbye.
You realize that Ward's primary concern is to keep his $12 million job right? He'll exaggerate and embelish any issue --- real or not ---- to scare CSX investors away from considering any deal.
Please tell me you 'get' that....?
As some of you seem to be more "cult members" of CSX rather than objective shareholders, let me explain hope this kind of thing works:
When a company is mismanaged and underperforms relative to its peers over a long enough period, the stock price lags its peers and it becomes a potential target for acquisition. A company with better and stronger management, and perhaps a better business plan, offers a price to existing shareholders that they are free to accept or reject. If the vast majority of shareholders accept it, the deal is done.
Swing and a miss. You didn't get ONE thing correct in that post. Not one. That's hard to do. especially when one of them is as easy to look up as the Market Cap.
This kind of world-class ignorance.is seldom seen. If, as I suspect, you work at CSX and are worried for your job in the (improbable) event of a T/O, you're right to be so. You seem very very dim.
Yes it would. But that's not what they're concerned about in the least They're worried that they'll all lose their multi-million dollar jobs.
Which they would. Because they are completely disinterested in their jobs and completely incompetent.
Michael J. Ward made $12.4 million in 2013, The next 4 lackies in line made between $2.7 and $4 million each. For running a railway with a 70+ % OR !?!? .
And they are now....shockingly!......AGAINST being acquired by CP?! Quel surprise!
Because CP would fire then in a heartbeat for incompetence , just like they did to Fred Green and his lackies 2 years ago at CP.
If it comes to a vote, it's your money folks. And these guys have been stealing it from you.
If SU hits 20, the rest of the North American industry is then already in bankruptcy. So,........
Again...this is not a reply to my post, which was a reply to the OP....that's how this works.
Start a new topic for this off-topic, arm-waving gibberish.
You went long Carl Icahn, not TLM. So it was his ignorance of international energy that cost you your money, not your own. So HE'S the putz, not you....bwa ha ha ha ha ha ah .
4 out of 5 CP shares are owned by Americans. Look it up.
CPs dividend policy is currently responding to this fact, delivering the highest tax-efficiency for its majortiy of its holders. CP management has publicly stated this many times.
Read more, post less.
CSX management is now in "save-yer-arze" mode, and will say anything to avoid losing their jobs. That's what targets do, in case you didn't know.
And notwithstanding the enormous unlikelihood of a deal ever being approved, CSX is an underperforming target company. Sorry.