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SHORT KSU @ $84.61 Stop @ $87.18
- Thread starter eganon69
- Start date
I tend to agree with you on this one... not because I trust OPEC or the Russians.... but because Trump is a Black Swan and oil could spike to $100 overnight. He's not even in office yet.My "gut" says that rail transport will be looking positive for the next couple of years, thanks to the OPEC cuts.
Companies ship by rail because it is cheaper in fuel costs than other methods. And the cost of fuel shall slowly climb if OPEC meets its goals.
And ALWAYS ALWAYS remember when evaluating rail stocks.... the value of their easements do not show up on the books. Rails are where its at. EG is wrong on this one.
... EG is wrong on this one.
Only time will tell. Will update as the trade matures.
If we stay in a bull market I should have said EG...perhaps you're wrong.Only time will tell. Will update as the trade matures.
If we go bear as I suspect, everything will come down.
It looks like the price is likely to fall more on ex-dividend date in January as they are going to keep their current dividend level.
A good job, EG !
But after that the price is highly likely to bounce back.
A good job, EG !
But after that the price is highly likely to bounce back.
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It might turn out to be extremely visionary...domestic energy production will require a lot of smaller pipelines connecting cities. Those easements are the ticket.I remember a long long time ago, Warren Buffet commented that the value of railroads' "right of ways" was more valuable than the actual companies.
One of those little things I never forgot.
VC... a short seller is responsible for that dividend. No free lunch.It looks like the price is likely to fall more on ex-dividend date in January as they are going to keep their current dividend level.
A good job, EG !
But after that the price is highly likely to bounce back.
http://www.investopedia.com/ask/answers/03/122203.asp
VC... a short seller is responsible for that dividend. No free lunch.
http://www.investopedia.com/ask/answers/03/122203.asp
I appreciate the comments. I am aware that Ex-Div date was Friday. Dividend will be $0.33. Price should take that into account when trading resumes. Notice that price rose $0.40 when I added to my short position so that still effectively raises my overall price of the SHORT to $84.74. We will see how it turns out.