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Ok, need some advise on the potential 'selling' of a RR stock that is rumored to be in

TheGLOV

TheGLOV

Well-Known Member
Gold Member
Mar 20, 2005
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Gallup NM. Las Vegas NV. McKees Rocks, Pa. Wyoming
merger negotiations.

I own 910 shares (and I may buy more) of CSX stock.

Two links provided to chew the fat over:

http://www.thestreet.com/story/1318...erger-speculation.html?puc=yahoo&cm_ven=YAHOO

http://www.bloomberg.com/news/artic...s-to-top-rally-among-big-u-s-rails?cmpid=yhoo

My question is: Do I 'sell' before the merger due to the speculation of the upcoming merger?

Or

What advantages would I have to hold on to CSX stock and/or buy more?

Love the fact that the Panama Canal is being widened and that may U.S. Ports are gearing up for increase freight traffic.

2016 could be a big year for intermodal ports, no??
 
TheGLOV said:
merger negotiations.

I own 910 shares (and I may buy more) of CSX stock.

Two links provided to chew the fat over:

http://www.thestreet.com/story/1318...erger-speculation.html?puc=yahoo&cm_ven=YAHOO

http://www.bloomberg.com/news/artic...s-to-top-rally-among-big-u-s-rails?cmpid=yhoo

My question is: Do I 'sell' before the merger due to the speculation of the upcoming merger?

Or

What advantages would I have to hold on to CSX stock and/or buy more?

Love the fact that the Panama Canal is being widened and that may U.S. Ports are gearing up for increase freight traffic.

2016 could be a big year for intermodal ports, no??
Click to expand...


dump it.
 
o_Oo_Oo_Oo_OSell enough to recoup investment + x%, then hold the rest long. Figure out the profit you want.

Remember, this is not investment advice. Of course I have seen investment boards where someone will come in and pump a stock like this in order to get others to buy in so they can sell on the run up.
 
I'm a rail enthusiast and also have stock in NS, CSX's primary rail competitor, and KCS. I've been skeptical of a CP/CSX merger ever since it was first rumored about a year ago. I'm still skeptical. If I were in your shoes I'd just hold on...but keep in mind my rule of thumb is to not overreact to news/rumors with stocks. Also, one of the reasons I bought NS stock several years ago was (a) it was undervalued and (b) I knew eventually they would be acquired by a larger railroad and thus I'd probably do pretty well with an offer as a result of such a transaction.
 
Bygsky said:
o_Oo_Oo_Oo_OSell enough to recoup investment + x%, then hold the rest long. Figure out the profit you want.

Remember, this is not investment advice. Of course I have seen investment boards where someone will come in and pump a stock like this in order to get others to buy in so they can sell on the run up.
Click to expand...

Yea, you get that over on the Finance side of the Yahoo board.
 
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