New Shareholder :)After many years of watching and wanting, I've finally took the leap hopefully for the rest of my life.
I feel all this downward pressure over this KS offer is noise and has opened the door for opportunity. I really like the outlook of what I'm buying, I don't usually buy such low dividend stocks, but I feel the price will snap back to the $150 range fairly soon as things get ironed out and I like the dividend growth rate more the 10% we were seeing rather than the 7% lately. I feel in 2-3 years if this deal goes through we will see the return deal very strongly in that growth rate again.
CP has been stronger performer recently, but I see this like the Canadian banks, the lagger will pick up eventually with or without the KC deal. Also CN looks and feels more shareholder friendly from the outside, we will see how it goes on the inside.