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News Wire: Squires 'pleased' with NS operations changes

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Posted by Brian Schmidt on Wednesday, July 17, 2019 2:30 PM

NS CEO outlines benefits of operations changes that are similar to Precision Scheduled Railroading

http://trn.trains.com/news/news-wire/2019/07/16-squires-pleased-withns-operations-changes

Brian Schmidt, Editor, Classic Trains magazine

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Posted by BigJim on Thursday, July 18, 2019 7:46 AM

And stock dropped over $15/share yesterday! Surprise

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Posted by Flintlock76 on Thursday, July 18, 2019 7:59 AM

Mr. Jim, who really knows why stocks drop, or bounce up and down.  Seems like every bit of bad news causes the stock market to go into a tizzy.

Why? Well, remember the old saying, "Money is a coward."

One of the wisest old sayings out there.

Not for or against Mr. Squires by the way, just sayin'.

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Posted by BigJim on Thursday, July 18, 2019 12:31 PM

I just thought it was an odd coincidence!

I don't think that I have ever seen that big of a drop from one day to the next. To be fair, CSX stock dropped $8.17.

i wonder what hit the transportation industry?

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Posted by Ulrich on Thursday, July 18, 2019 12:42 PM

We're in a freight recession.. stocks are overvalued across the board.. the market hates uncertainty and there's certainly alot of that lately with the trade disputes, N. Korea, Brexit etc.. and on and on. And a bearish market is long overdue as this current bull run has been the longest in history. Look at the bright side: if you reinvest your dividends you get more bang for the buck when stock prices are lower. 

 

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Posted by BaltACD on Thursday, July 18, 2019 2:30 PM

Ulrich
We're in a freight recession.. stocks are overvalued across the board.. the market hates uncertainty and there's certainly alot of that lately with the trade disputes, N. Korea, Brexit etc.. and on and on. And a bearish market is long overdue as this current bull run has been the longest in history. Look at the bright side: if you reinvest your dividends you get more bang for the buck when stock prices are lower. 

The little stock that I do own had been in Dividend ReInvestment Program since the first dividends were declared on it - My DRIP shares far exceed my purchased shares.

Never too old to have a happy childhood!

              

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