Shares of Norfolk Southern (NSC -7.1%) trade lower after the company warns it sees a coal slump...

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BlueOkie Comments (2520)
 
It'll get worse under Obama's EPA. Maybe Penn will wake up and vote for someone that won't kill the coal industry. It'll also cost higher utility prices. I guess we can start exporting more coal to China. Sometimes I wonder who the capitalist are and who are the socialist.
24 Oct 2012, 02:47 PM Reply Like

27mar38 Comments (40)
 
Anyone have an opinion why KSU is bucking
the trend? High PE and all
24 Oct 2012, 05:32 PM Reply Like

smocha4 Comment (1)
 
unfortunately I own CSX stock and since railroad stocks are considered a bell weather for the economy. God help us all we are headed back to 2009 lows or worse. I fear this stock to go to $7 per share and won't recover since QE is ineffective.
24 Oct 2012, 10:33 PM Reply Like

BlueOkie Comments (2520)
 
I'm a buyer a $7. CSX will have some bumps in the rails but they'll do just fine. This country and the world needs coal.
26 Nov 2012, 04:24 PM Reply Like