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Post Info TOPIC: NSC Lots of buying pressure.
wes


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NSC Lots of buying pressure.
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Stock price has gone up a lot in the past six months or so.

Anything going on here?  NSC is my only remaining rail investment.wink



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Uke


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General Electric is still relatively cheap, plus they pay steady dividends, and have done so for over 100 years! The company has spun off various, and sundry divisions over the last few years as well. Financial services for instance, because it was NOT part of its core businesses. And it really didn't contribute a great deal to their overall bottom line!

 



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Force Majeure

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confuse confuse



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Snippy wrote:

confuse confuse


 NSC buys GE locos, therefore, ***'* input.



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wes


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RE: NSC Lots of buying pressure. posing as wes
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Same topic.  lots of buying pressure.

NSC up today again.  Up about $5.00 [or 4 %]per day.

You guys keep holding back on me--spill it.

At the north end of the 'rat hole'  we hear nearly three trains

per hr tooting.  biggrin                        peace--wes

 



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Force Majeure

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NSC Lots of buying pressure.
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They're busy here with export metallurgical coal for Brazil and the E.U.

That's high profit stuff for them. Trump's stupid ass tariffs may put a big pinch on those easy money profits. Brazil has already threatened to stop buying WV met coal that moves through Lambert's Point.

The RR is being very poorly run down south and there is complete gridlock on the Alabama Division, which now includes the Central Division (you, I guess). It has been that way since they stopped humping at Chattanooga. Birmingham is pretty backed up and they have not let up on discipline. Big hiring initiative now that the economy has caught up with them. So, they don't draw from a desperate talent pool. Crew shortages all across the railroad. (Increased OR?) They stupidly haven't let up on dismissals, even though they had an inflection point when Mr. T unceremoniously departed from VP-Transportation.

I give stock advice that is too damned conservative, but looks smart in a correction. I called $133 and got out and haven't looked back. But, I've always been one to bank my profits and leave money behind on the table. Obviously, I wish I had gotten $155 in the middle of January, but....

I think the market is ignoring basic economics and is well overdue for a correction. I also thought we were experiencing one on the 11% drop. Technically, we were, but I think there's a whole lot more correcting to be done because we've bought economic expansion by priming the pump in a time of full employment. (Plus, it seems we're hell bent to kill immigration.) All that being said, for Trump to mirror Obama in market performance, he needs to get into the high 30,000s on the Dow.

To me, Keynes dictates that these immoral bastards running the country will have to inflate their way out of entitlement spending. That's the only way to do it when you won't provide the revenues it takes to run the government through taxation. YOU DON'T CUT TAXES IN A GOOD ECONOMY!!! How many times do we play this obscene game of being the Charlie Browns to the Republicunts' Lucy and her football?

Watch the bond market. Keep your eyes on ^TNX: https://finance.yahoo.com/quote/%5ETNX?p=%5ETNX

If it moves above 3%, the Fed is going to have to end the party or inflation will come roaring back and they will have no tools in their shed to control it except a big ass fire extinguisher.

Enough metaphors and bad advice?

 

 

 



-- Edited by Snippy on Friday 9th of March 2018 05:34:41 PM

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Force Majeure

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PS: With the higher share price, the always attractive NSC dividend yield has gone way down. It's updating on Yahoo right now but if I calculate it right from memory, it's down to about .5% During the economic meltdown, NSC maintained a yield per share much higher than you could get from a bank.

Railroads would be much better transportation infrastructure for this country if they went back to being boring dividend income stocks. Wall Street quarterly reports are killing the railroads. Georgia is proposing a dedicated toll-free $2 Billion Truck Interstate between Atlanta and Macon. NSC already runs one.

I told the corporate big shots in my last speech to power that they had better start running the railroad like a passenger railroad for trucks. Their intermodal performance outside the old Conrail lanes is pathetic -- 24 mph schedules. Self-driving platoons of autonomous trucks are going to bomb them back into hauling rocks and nothing else. I'm not even sure these dumb fucks will compete on grain. (Right after that, Cunter Harrison and CSX said, "Hold our beer, let us show you how to fuck shit up.") By hauling rocks, I don't mean Trump's pretty, beautiful, high profit clean coal black rocks. That ship has sailed. They'll get a succession of dead cat coal bounces, but it's dying. I still think I'm right.

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Yeah, I think you are also. I believe I have done well just paying ophph the credit cards that I ran up for the move. I actually don't want to own anything other than that electric stock so I can squeeze Buckethead for my dividends.... Bought 10 more shares last month when they offered them to me. Uke can't have any, it only for cheapskate Bohemians.

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Uke


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Snippy's got it right on NSC. Trying to offer advice to 'expert' railroad stock owners who've never set foot within maybe ten miles of a yard, will counter everything you say about running the railroad more efficiently, plus making profits for shareholders, falls on deaf ears... You'd be pissing into the wind!

Former railroaders avoid owning railroad stocks for some very obvious reasons. But that doesn't mean anyone else shouldn't buy in.

Somewhere on the internets (Gogogle, YOOHOO, Investopedia) you can research the'best' railrods to own/invest in. IUHO they list UP as #1, and KSU (Kansas City Southern) as #2, then NSC, CP, CNI, CSX... And a few foreign roads car builders, and NYAirBrake tu.

I unloaded my BN stake brfore the SF merger. No regrets. Uncle Warren bid $106/per, he rook it private since, and Berkshire Hathaway pays NO dividends on any of their A or B shares... Fuck BNSF! And fuck Buckethead's Bonus!



-- Edited by Uke on Friday 9th of March 2018 09:19:54 PM



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Uke


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Here's the list for ya wes. The best railroad stocks.

If ya click the the slanted thing, it goes into more detail

Showing results for best railroad stocks
Search instead for best rairoad stocks

Search Results

       
         Union Pacific Corp. UNP. Union Pacific Corp. ...
  • Kansas City Southern. KSU. ...
  • Canadian Pacific Railway Ltd. CP. ...
  • CSX Corp. CSX. ...
  • Norfolk Southern Corp. NSC. ...
  • Canadian National Railway Co. CNI. ...
  • Guangshen Railway ADR. GSH. ...
  • Genesee & Wyoming Inc. GWR.

 



-- Edited by Uke on Friday 9th of March 2018 09:25:45 PM



-- Edited by Uke on Friday 9th of March 2018 09:29:26 PM

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Enemy of the State

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Snippy wrote:

 Their intermodal performance outside the old Conrail lanes is pathetic -- 24 mph schedules. Self-driving platoons of autonomous trucks are going to bomb them back into hauling rocks and nothing else. 


 Do you really think our interstate infrastructure can handle any additional truck traffic?   



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Force Majeure

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They are talking about building dedicated mandatory-use truck infrastructure. Platooning will be here before you know it. Land trains without couplers.

ISHO, because the railroads have refused to compete because they dont have to because they have no rail competition. Cede the business to trucks and raise the rates on captive shippers. Thats the secret of railroading the Cunter way.



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Yes, that's it, the real competition is trucks and for a period of time, I thought they understood that. But not now.

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Force Majeure

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Pipes FC wrote:
 Do you really think our interstate infrastructure can handle any additional truck traffic?   

 It doesn't matter. You'll pay for it (Actually, Little Pipes and Pipetta's grandkids will get the bill). Just like we've been paying for truck infrastructure all along. (Generally, they pay the same taxes you do on fuel. They just use a hell of a lot more and pay more because of using more.)

They are envisioning dedicated OTR truck lanes in lots of places. Existing lanes. Trucks will not be able to leave the lane. Not sure how they will handle vehicles having to cross to exit. It will slow trucks down, but really be a game changer. I'm strictly referring to platooning. Autonomous driverless trucks will be here quicker than I think, but I do think they're a ways away still.



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I am thinking of a version of the Conrail boyz, robbing those trucks as they travel......

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