RE:RE:CNR-KSUghost Thanks. The icing on the cake is that CNR put share buybacks on hold after the announcement they would seek to acquire KSU. So they won't be taking advantage of any drops in the share price either. I can see the stock rangebound for months in the 120-140 range if KSU agrees to the buyout, unless CP reverses course and steps up with a higher bid (something their CEO dismissed). If CNR emerges victorious in their bid, I'll be looking to sell covered calls on any strength.