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CSX Corporation (CSX)

Stuttgart
Currency in EUR
Disclaimer
65.390
-0.660(-1.00%)
Closed

CSX Comments

my thoughts are Railroads Play a very important role in our country and it's how we get our supplies all over the country. Very important
CSX $34.44 @ Close! (Earnings)
ZKIN Stock Investigate
CSX $31.56 +1.22% @ Close! (Earnings)
rashidali
Upgraded
this is like watching paint dry
Why?
Yes why
Biden executive order
Biden executive order
I've been waiting for the split, so I could pick up a few shares
The big split tomorrow 3/1
CSX operates an impressive rail system.
Pan Am purchase coming...
Will tomorrow touch $97 ?
Mantle Ridge *****
just wait for the tariff question to come at the end of the call and then the thing will melt down...
decline in outlook.... yikes
big downgrade
worthless downgrade... im ready to sue the jack hole that down graded this company
the earnings call was really good. the market will sag for the next couple days but we will have a big recovery next week. The VIX totally predicted this sag in the market... but if AA and CLF crush earnings it could rebound faster. Im in on this dip. Option contracts to nov 2 are 50% off. buying at 70.30 and again if it hits 69.93
sept industrial production above estimates... i believe this will have a small earnings pop and return to challenge 52 week highs... this tide will raise all the rails except maybe KSU... waiting for a signed nafta deal for the catch up trade on that one
CSX misses revenue estimates on disruptions from Harrison turnaround plan - reported bigger-than-expected drop in fourth-quarter revenue on Tuesday as the third-largest U.S. railroad lost business due to service issues caused by former chief executive Hunter Harrison's turnaround plan ... . CSX is overpriced and will sell off ... . https://wfawellstrade.wellsfargo.com/BW/holdings.do?pageType=holdingslist
Bearish descent established .. prepare for a downtrend in value going forward as CSX price premium is shed ..
Hrm..
Wow. Brad couldn't have been more wrong.
#CSX Shareholders - The death of Hunter Harrison will drive CSX Stock Value back down to below the pre-Harrison Premium, now at an inflated 26x Earnings, setting up a new base of support at around a $36.00 floor .. The metrics of a Good Solid Railroad adapting to the sudden drop in Coal prices were already in place well before Hunter declared an interest in CSX:. . https://seekingalpha.com/article/4108868-csx-rail-tycoon-gone-bad. . If you want to Preserve your #Railroad Investment SELL CSX and move into #KSU #UNP #NSC #CNI #CN or #CP - Significantly, CSX has LOST a 30% market share to NSC - due entirely to #Hunter Harrison's brash actions and FRA Violations over the last 10 months - and is now #Heavily Overpriced, beginning its entry into #Bearish Collapse as of Friday Dec 15, 2017 ..
First Support at 48.50, which will probably become ceiling resistance .. if 48.50 doesn't hold next support is at 36 - 36.25 .. 38.45 is 66% of 58.25 Top so that might be a good entry to begin probing, looking for a new bottom buy signal with rising action step back up to sustainable profitability, especially under a solid executive leadership not squeezing CSX shareholders for an over-inflated retirement package ..
Cindy Sanborn should come to Conrail Shared Assets.
A/D, CCI, MACD, RSI, STOCH, STOCH RSI and %R all indicate OVERBOUGHT! - AROON still bullish; DMI approaching bearish crossover .. If you can take profits I would SELL! -- there might be a bounce up between 49.85 and 52.30 but I wouldn't hold my breath for long (see below) ..
CSX was GROWING STEADILY under the previous CEO - most of the growth happened under the direction of the previous CEO - CSX made a huge mistake not keeping him, as he was doing exactly what needed to be done - I sold at 48 for 90% profit but it continued to 55 before topping out - and has been trading Sideways ever since. CSX is hugely overbought and falling - people holding on to the 'Dream of the Hunter' - but his hunting days are over and his health is failing - (don't listen to his Mayo Clinic b.s. - he's trying to keep the stockholders from fleeing) - support at 48 and 46 and it may recover (should probably buy small and watch carefully) but CSX should fall below 40.00 before it reaches a new bottom at somewhere around 36 ..
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