RE:Bottom is in. New bullish trend.Mountainpose1 wrote: A great company at a fantastic price. With the greening of the environment rail will become especially important and Stella is the largest seller of rail ties. Anyone know how CP's purchase of the American rail company might affect SJ? Very bullish at these prices. Minimal risk entry.
From what I gather is management doesnt release the names of customers other than class 1 or class 2. I havent seen any guidance indicating the direction sales would go based on any merger.
SP in the last couple years has been impacted from the founding shareholders selling in large bought deals and the shares not being absorbed by the market well. Hopefully the new management does well with capital allocation. The recent conference call indicated of M&A activity and there hasnt been buybacks yet this quarter according to INK insider reports.