Is this a good entry pointCNR has won the bidding war - at least for now and it is trading well below its 200 day moving average of $138.
Considering that that a chart of the company's PE points to a low PE ratio of 18 and the Projected 2022 EPS is 6.65, and that suggests a low price of ~ $120.
The accquision may effect the earnings in the short term, but being able to buy this below $120 woulf be a gift.
In fact I'm happy buying this at market being $125.80 in fact I would buy all the way up to $138
I'm in the proces of developing a spreadsheet that points to a possible entry and exit points