Like any other President, when Obama walks away form office, he'll be treated like royalty for the rest of his life. Unlike other Presidents, that life will likely be longer and more active.
By active, I mean that he will be travelling around the world giving speeches.
Well, not giving...selling. And for big, big money.
But hey, fools and their money, right? You go girl.
There isn't any doubt that the amount of refined crude oil that he will solely be responsible for burning will be utterly immense. He will fly by private jet everywhere he goes. His automobiles will all be gas-guzzling limosines. And his secret service will ride around with him with the same.
Over the course of his life, including the 8 years as President, he will have used up the equivalent of one Texas oilfield all by himself. Hundreds of thousands times more oil than the average American (and Americans already use far more than all other people on Earth).
And what was his big "thing"? Saving the environment.
So when all you "1%" protesters get out there next time barking at the moon, remember ol' Barry. Along with being in the 'Stinking Rich' club, he's a lying POS hypocrite, too.
See here's what you want to do....you take whatever you owe the IRS, and you use that money to load up on UNP stock while you wait to pay the bill. Totally riskless. can't lose.
I heard about it right here on this board!
This is not good news. Cutting capex for a second time, while increasing dividends and buybacks is hardly a:'green light' for this stock. Yes, it's nice that management isn't brain dead or corrupt or indifferent to shareholders...so that put them in the 99th percentile in Canada. If you're going to own any oil stock, this one is as solid as it gets.
But the energy space really suffers from a total lack of visibility. And part of the market is so stupid they think that the return to $100 is simply a when, not if. It only took 5 years to completely erase the entire database of oil price.
Enjoy the dividend, but you'd best treat it like you would rations in a lifeboat right now.
Highway accidents involving "big rigs":
Yup. Those darn trains just gotta be stopped.
In the U.S. in 2013, highway accidents involving "big rig" transport trucks ---- those are the things that carry cargo that isn't shipped by rail ---- accounted for just under 4,000 deaths and more than 95,000 injuries.
In the same year, Canada had 1,740 "traffic deaths" and more than 120,000 injuries....your government does not see fit to break this data down any further....(it's such a bother, right?!)
Now, there is much more volume of traffic in the U.S., and many more (ridiculously better and safer) highways than in Canada. But truck maintenance, road inspections and patrolling (and, as a direct result, dangerous driving) are objectively worse in Canada.
Lac Megantic was a completely unprecedented accident in 2013 that accounted for 47 deaths. In that same year, 35X that number of people died on your highways. And that will be repeated again and again every year.
Enough with the BS, persecuting the rail industry to placate clueless voters. Try doing something useful for a change. You might be surprised.
If the brand name was still intact, and they had the several more billion in the bank, and the board wasn't now extremely gun shy from doing anything meaningfully risky for the next 5 years minimum, what might the stock price now be?
Idiots like you are so oblivious, you're too busy gloating to realize what payday got left on the table.
In 2011, investors in CP were disappointed with their investment returns, especially when compared to the tear rival CN Rail was on, but remained fully supportive of management.
CEO Fred Green was well-liked by employees, and was seen by investors as a "good, solid guy". The Chairman of the Board, who publicly gave Fred his full support,. was a blue-blood member of the business establishment, a former bank CEO.
When Ackman first revealed his intentions, they were met with instantaneous laughter. Analysts dismissed it, media panned it, investors circled the wagons from the "raider" who was trying to enrich himself with a fast flip and leave the proud company in ruins. Everything was fine the way it was.
Ackman won. The market cap of the company went from $8billion to $38 billion in less than 3 years. Share price went from $50 to more than $200.
Those people are obviously pretty ashamed of themselves for having supported Green so blindly, especially in the face of real opportunity. They don't talk about it, but they know they could still hold a lousy stock to this day, had entrenched management succeeded in screwing them for their own benefit ---- as they tried desperately to do, using shareholder funds.
Those guys cost them a lot of money for a very long time. Because shareholders put up with it.
I always get my best investing ideas from poets.
When the mainstream media has reported that CN has lost a small but critical bridge in northern Minnesota, and that all its Chicago-bound traffic form the west is being diverted and delayed, you might want to put something about that up on your website.....probably under the 'Customer Centre' tab, in the 'State of the Railroad' section.
You know, because that's why it's there. Because customers might want to know.
AS far as what information IS currently at that location, the statement dated May 29 (when it's now May 31) saying that are 'no delays on the network'.....and that 'this information is updated regularly'....is worse than having no information at all. It compromises the reliability of the website altogether.
Ackman is not Superman...he can't save everyone from everything. And he does have a pretty big bet on rail already.
After showing everyone concerned what an historic grand-slam he and his team pulled off with CP, this CSX idea was STILL met with the barely audible yawns from CSX shareholders that it was (....once Ward leaked the story to everybody like the bush league putz he is.).
A bright guy like Ackman got the message: this shareholder group is clearly not itching for change in the least.
As money managers, these putzes appear to be much more like Ward than Ackman: addicted to their paycheques, and laying low until retirement.
And you're paying for it.
Ward screwed you. Out of both a near-term payday, and a much, MUCH improved long-term outlook for your investment.
That you don't even 'get' that little episode of self-serving deceit tells the 'rainmakers' out there all they need to know about how likely anyone ---whether a strategic buyer, a financial buyer, or an industry peer --- would risk going after this company. And that is: Not.
At the end of the day, it is always the shareholders that decide things.
And the complete lack of debate, discussion or sheer outrage that current management would deprive CSX shareholders of their right to decide what they want to do with THEIR company...their woefully underperforming, struggling company with its tired, uninspired, smug leadership.....tells the market that this company is nowhere close to any change at all.
So I guess congratulations are in order.
For recognizing that "money isn't everything".
There's not enough of that sentiment in today's stock market.
1) What attack? What have I posted that isn't 100% true, and backed up factual information and/or on-the--record statements by people who would know what has gone on?
2) The reason that CSX is not down as much as the other railways is precisely because it's trading on the hopes and dreams of T/O, and NOT on any fundamental operating outlook or going-concern metrics . That's kinda obvious...I would think even to a complete investing fraud like yourself.
3) When you can only trumpet "best performing" status for a stock that is losing you the least, you really are a clown putz.
And now that I've corrected your "thoughts", it's back to ignore, you complete idiot.