Okay..it seems you've now drifted as far away from the point as possible.
The guy advised people to take money they legally owed to the government at tax time and park in UNP for a few months for a "risk-free" return.
The stock is down 15 0r 20 bucks since then.... get it?
Nuances of tax law don't come into it. The advice was just stupid.
And 60.9 isn't quite as good, but still moving quickly in the right direction. And having those in the books instead of an eternal, hope-founded goal of "a mid 60's target in the long term" is nice.
Jeez, how do you folks keep tolerating that pure BS-speak?
Sounds like Hunter's situation is manageable. His kryptonite sounds to me like diabetes.
All the best for a speedy recovery.
Notwithstanding the bald-faced BS, that would be fine with me and I'd bet the vast majority of CP shareholders, if the price is right. We're pretty mature like that.
I'd be more than happy to make a side bet on who'd end up running the show...which is CSX management's whole problem.
Because they didn't follow the proper procedures and protocol for handling Tobias' intention to resign from the board, the Chairman and the chair of the nominating and governance committee both resigned.
No drama, no animosity, no innuendo.
Though a real loss, and an unfortunate turn of events, there's no scandal. Just the opposite.
An example of accountable professionalism in action.
If more companies had this, Bill Ackman wouldn't have as many deals to do and shareholders to rescue.
John Cleghorn's boardroom never saw any abrupt resignations.
Even as the stock price languished into the 40s, every one of those directors was just tickled to sit around being completely cooperative.
At the top of this thread, I reposted precisely ----verbatim ---- what the origianlk poster said. And in several back-and-forth posts never corrected any misinterpretation on my part.
How else would you read what it says and what it means ?
Seems highly overblown, but is a testament to how much faith people have in him as CEO.
Also explains why some defensive repositioning decisions might have been made more slowly than usual, and slower than CN was obviously able to make them.
But Creel should be downright insulted by today's drop. He's a great railroader. While Harrison recuperates, he has a great chance to step out of a very big shadow.
Irrelevant. If anything, times of weakness are never good for doing deals. Everyone feels the victim of opportunistic buyers.
Best when industry fundamentals are strong, which is why CP tried discussions last year...CSX management was just myopically unprofessional, selfish and stupid. Which any management and board can do if their shareholders put up with it.
I take form this post you are implying that the penalty for not paying one's taxes is no big deal. What a relief for me and many others, I'm sure!
Hey folks, no need to even invest in the market to make some 'extra money'.... just tell the IRS you don't have the money to pay them, and everything will be just fine! They just write it off, I guess...ids that it, oh clue-needing one?
Look what enlightened, competent, hard-working management can do in the exact same economic environment.
But you all sit around, happy as clams that your bunch of overpaid stooges who waste your time and money, having just stolen from you a moment of enormous opportunity and value-creation.
Embrace mediocrity, foregoing an extra 10+ cents of operating profit on every single dollar of revenue. Forever. So those bozos can keep golfing.
Kudos on a great quarter.
Incredible OR...in times like this, the best offense is great defense.
You seem to have a serious wealth envy issue.
Was perhaps your father a shoe shine boy, and couldn't get you any Christmas presents?
And how does that make you feel now?