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Canadian Pacific Kansas City Ltd T.CP

Alternate Symbol(s):  CP

Canadian Pacific Kansas City Limited operates a single-line transnational railway linking Canada, the United States and Mexico, with unrivaled access to ports from Vancouver to Atlantic Canada to the Gulf of Mexico to Lazaro Cardenas, Mexico. It operates over 20,000 route miles and provides North American customers unparalleled rail service and network reach to key markets across the continent. It transports bulk commodities, merchandise, and intermodal freight. It offers a suite of freight transportation services, logistics solutions and supply chain expertise. It transports ethanol from production areas in the Midwest United States to key consumer markets across the Northeast United States. It serves various markets, including Canadian grain; United States grain; bulk; intermodal; automotive; forest and industrial products; transload, and energy, chemicals and plastics. Its network connects assembly and auto parts plants and distribution centers to serve the automotive industry.


TSX:CP - Post by User

Comment by yana8on Jan 16, 2013 11:56pm
100 Views
Post# 20848459

RE: RE: RE: RE: Price Holding

RE: RE: RE: RE: Price Holding

Orepass, this is why I stepped aside for now.  It's probably best not to be long or short until the results come out.  Even if results are just okay, HH will spin it in some super positive light and the market will probably buy into it since they want to continue to move the shares higher by the looks of it.  Just look at today's price action - from 108.34 to 109.89 just like that.  It's easy for them to do that since if you look at Level 2, the Ask volume is very light - so it's easy at time to jack up the price very quickly by buying say 20k shares at market.  Once the price jumps, it induces short covering by day traders who might have started to believe that the run is drying up.  It's all a game and manipulation.  Ackman put HH there so that they both can make a lot of money.  Friends at Stifel Nicolaus assigned a $138 price target.. sellers are not emerging yet since the transportation sector in general has been very strong. 

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