Ocean Man CSX was up 1% in the AH last night. Down 1.3% in today's trading.
7/18/12
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neobliviscar: Covered my small short and options for small profit. I was busy covering 1/2 of my NSC short for a larger loss when rails temporarily spiked
7/18/12
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neobliviscar: China or no China stimulus, many things seem to be living on a little air cushion at the moment. Not sure if I have patience for the play.
7/18/12
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FortSumter: Obama and the EPA's hate of the coal industry will make it hard for rail not to have to downward guide.
7/18/12
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neobliviscar: Hate shmate. Simple measure was coal loads way down. CSX earnings rept. countered by saying all other forms of loads up & efficiency high.
7/18/12
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neobliviscar: I hate to bet against CSX. Despite hot weather, economic activity (excluding Atlanta metro issues) in the South East seems to have picked up
7/18/12
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Mercy Jimenez: Neo U did well 2cover rail shorts; big headlines now R jump in coal car loads on rails; summary by Titan: http://bit.ly/IZtx2j
7/18/12
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neobliviscar: Didn't cover all. Just the CSX when in the money and 1/2 of the NSC which is clearly out of the money. Going to read UR link now. Thanks MJ