Post by
gibbonsj on Nov 18, 2013 6:13pm
I've gone through the financials in detail.
CSX is a quality investment. I'd be surprised to see sp come down much further. Sold the position I picked up last Friday and ready to pile back in.
Comment by
Styless on Nov 18, 2013 8:14pm
theoretical downside is 1.90. lots of room to go down. but, i'm adding as well.
Comment by
gibbonsj on Nov 19, 2013 2:05am
1.90 seems low but it would be a very nice entry.
Comment by
Styless on Nov 19, 2013 9:19am
that's the 200 day moving average.
Comment by
akhenaten19 on Nov 19, 2013 9:48am
The dumpfest continues. Looks like it wants to go there.
Comment by
Styless on Nov 19, 2013 9:53am
yup. we've been down 4-5% consistently every day almost since the quarter. Traders and potential buyers are probably looking for a bottom around 2 as they see no need to step in. Sucks.
Comment by
gibbonsj on Nov 19, 2013 10:00am
1.90 Looks like you got handle on this stock. I'm on the sidelines waiting it out so the lower the better for me.
Comment by
retiredcf on Nov 19, 2013 10:22am
Any idea on the short situation? My guess is that the US may be shorting this (as they initially did with HCG) figuring that the Canadian home prices are overvalued. Hopefully, CXS will reverse the trend shortly and crush them as HCG did. IMHO, this is an excellent bargain at this price, just wating for the knife to stop falling. GLTA