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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

Post by yana8on Feb 14, 2013 3:43pm
127 Views
Post# 20990809

Shorting

Shorting

I'm in for 2k shares shorted at $119.44 on av.  My plan is to cover tomorrow morning - CP tends to pullback in the mornings prior to going up again for the rest of the day.  Many stocks in uptrends behave this way.  So I imagine tomorrow morning it's likely to pullback to at least $118.85 or so.  No guarantees, of course. 

In the short-term, the only "trick" HH has up his yanky sleeve is a stock split.  Need to be mindful of that while short.

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