Employed as: Conductor, for N/A
Posted: 08 February 2018
CSX stock down another $2.50 today. Net gain for the past 52 weeks is
less than $3.00 a share. I guess PSR doesn't benefit anyone. I first
told everyone to get rid of it when Harrison became CEO. The gains were
already made just prior. When Harrison became sick I said it again, dump
your stock. When he died a few days later I said it again.
If you are holding on to it hoping to get your losses back, DON'T. The
ride is over, has been for a while. CSX will have to spend a lot of
money to get back on track again. It is all down hill from here for the
CSX IS CRUMBLING AND WILL HAVE TO REBUILD ONCE IT BOTTOMS OUT.
My guess is CSX stock will soon hit mid to low 40's and we will change
command again at that point. Sell now and get back in once it drops.