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I've owned CSK most of my adult life, and always .......

JulioJulio Posts: 2,501 ✭
in Precious Metals
used the same strategy I use with PM's; lazy accumulation. Deviated recently, and made a huge {for me} purchase. Next day, the train wreck. Downward spiral. Back to plan A. CSX my old friend will be fine, but never again will I be foolish. Take care. jws
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Comments

  • mariner67mariner67 Posts: 2,746 ✭✭✭
    Julio....just curious...what was the % one day decline that was a "train wreck"?
    thanks.
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  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭


    << <i>Julio....just curious...what was the % one day decline that was a "train wreck"?
    thanks. >>



    I believe that he is referring to the recent derailment involving many tank cars of crude oil. It does't seem to have had much if any effect on the stock price.

    FWIW, a former CSX engineer who posts on another site has for his sig line "if it wasn't late, it wasn't our freight."
    theknowitalltroll;
  • bluelobsterbluelobster Posts: 1,220 ✭✭✭
    Julio, Looks like CSX is only down 2% from yesterdays open.

    I wish when my stocks drop they would only drop in such limited fashion. ;~
  • guitarwesguitarwes Posts: 9,266 ✭✭✭


    << <i>Julio, Looks like CSX is only down 2% from yesterdays open.

    I wish when my stocks drop they would only drop in such limited fashion. ;~ >>



    Ain't that the truth! I pick the REAL winners that like to fall off cliffs.
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  • cohodkcohodk Posts: 19,129 ✭✭✭✭✭
    You say youve owned it for years so continue viewing it like that---its up 30% in the last year.

    Nice holding.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • JulioJulio Posts: 2,501 ✭
    No doubt CSX has been very good to me. I love the stock, and always have. Just need to stick with my lazy accumulation mode. I am extremely confident it will continue to pay off for me. The train wreck was a tragedy, and the Co. handled it in a manner., that was noteworthy. A bump in the tracks so to speak. I purchase a regular amount every month, and will continue. A tried and true strategy. Just a great Co. Take care, jws
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