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CSX Corp CSX

CSX Corp. is a transportation company. The Company provides rail-based freight transportation services, including traditional rail service, the transport of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural, and consumer products. Through its subsidiary, CSX Transportation, Inc. (CSXT), it provides a link to the transportation supply chain through its approximately 20,000-route mile rail network and serves major population centers in 26 states east of the Mississippi River, the District of Columbia and the Canadian provinces of Ontario and Quebec. CSXT is also engaged in real estate sales, leasing, acquisition and management and development activities. It serves merchandise, intermodal, coal, and trucking businesses.


NDAQ:CSX - Post by User

Comment by ufoolmeon Dec 16, 2017 6:13am
196 Views
Post# 27170424

RE:RE:Overreaction

RE:RE:OverreactionNo it's not a leap.  And why would it be spending money for nothing.  The Jan 57.50 call is trading right around 50 cents.  Prior to yesterday's $4.00 plus drop off, it was selling at $2.00.  I don't think it's too much of a reach to rebound back over $1.00 which would be fine with me.
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