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CSX Corporation (CSX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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97.50+0.27 (+0.28%)
As of 9:35AM EDT. Market open.
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  • D
    Dota2
    can someone please answer this question: would an average joe be better off buying before or after the split? If you are in the know provide an hones answer
  • E
    E
    Split disposition ?? I have 1774 shares of CSX that I HAD planned to hold onto till my retirement. The problem I have is CSX keeps saying the 3-1 split will be done as a dividend per their new release and including all other new stories. They do not say it will be a tax free split. I do not want to pay taxes on this dividend. I have asked a couple of people in CSX management(via email) but nobody will respond. The last person was in investor relations at CSX, Nick Pittman, but I am STILL waiting on some kind of response. If it is a taxable dividend, I would rather sell it all before the split(paying less taxes on long term capital gains) and repurchase it after the split. Can anybody help me with a confirmed news release or a CSX contact(that will actually respond) with true facts on the split.
    Bullish
  • C
    Clay
    CSX wouldn't spilt the shares at 3:1 unless they were confident that future growth is very optimistic and will reflect in the shsre price. GDP tracking at 6-8% for the rest of 2021 will drive a massive boost industrial and product shipments by rail and intermodal revenues. IMO, anyone selling shares here will regret it. GLTA!
  • r
    roger luther
    6-4-21 9 AM EST

    The announced CSX 3 for 1 stock split should have no impact on the SP ...... but IMO it will because it opens the ability of some to purchase CSX at a reasonable price.
  • R
    RRJim
    I've been out of CSX since 2016. I had owned CSX for decades. Now I'm thinking about getting back in after the split. Like other CSX splits there should be a slight pull back maybe $28-$29 a share. That's when I'm hoping to get back in. Hopefully it doesn't go stagnant like the split in 2011 that lasted till 2015.
  • R
    Rex
    Buy the dip
    Bullish
  • D
    Derek
    One day, Jim sells apple pies for $8.
    Then he decides to slice all his pies in half, and sell that much for $4.

    To his surprise, Jim's customers immediately go crazy for this new offer.

    They now getting his incredible "pie" for half price !
    They don't understand that the portion has decreased.....they just want that delicious pie!

    A few of these customers are even happy to pay Jim $4.50, worried they won't get enough "cheap" pie.
    Which causes everyone else to pay more for the pie, to make sure they get some.

    Jim is so pleased with how his pie business does that year, he gives himself a big raise.
    And he lives happily ever after.
  • R
    Rex
    Why not buy now?
    Bullish
  • R
    Rex
    Can’t wait for the split!
    Bullish
  • D
    Derek
    So....about 6 months ago, CSX promoted one of its marketing guys, Kevin Boone, from interim to "permanent" CFO.
    His first achievement? Getting a stock split approved.
    Aaaand...he's now been moved back to the sales & marketing department.

    Great to see such management stability, Earth-shaking initiatives, and real operational progress being made!
  • C
    Carl
    Post split if CSX goes down to 33 pps how long will it take to hit 50 pps then???More than likely will not happen.A lousy process for CSX shareholders
  • S
    Salo Wolf
    What are people’s opinion on CSX today?
    Neutral
  • R
    Rex
    Buy before split
    Bullish
  • i
    iorgi
    This must be the only stock to ever go down after announcing a stock split.
  • L
    LEWIS
    My Grandfather was an engineer on the B&O for 55 years. He left me all of his B&O stock which turned into CSX stock. An unbelievable run! It gets better every day. I've always said the value of the railroads is they own their own highway right of way and no one today can start a new railroad. CSX has a great future!
    Bullish
  • C
    Carl
    CSX lots more downside ahead as the economy slips.Huge deficits and out of control spending.
  • C
    Carl
    Csx sliding on down
  • T
    TREY
    CSX went up over 4% today with volume over twice normal. I did not see any news that would cause this. Is some one big like a hedge fund, privet equity group , or a larger railroad buying up shares in the market?
    Bullish
  • R
    Rex
    Next order set at $97.00
    Bullish
  • r
    roger luther
    4-21-21 11:30 AM EST

    I'm having a difficult time understanding the SP action regarding new 52 week highs.

    Could it partially be related to the recent buy-out attempts of other railroads?

    Don't get me wrong ….. I like the SP action …. but it poses a difficult problem for me and that revolves around the fact that I”m a long time holder of 4000 shares of CSX with a cost basis of $18.15 and it's becoming too large a position in my unsheltered portfolio.

    What to do????

    Sell some and send a boatload of money to various governments to waste ….. or keep holding until I think CSX may have topped ….. which may be a year away.

    At this point …... I think I'll wait.