KSU up 5%
In response to Warren Buffet accumulating ~11% of Burlington, KSU is up.
Burlington is about 10X the size of KSU and the largest railroad company in the US.
This frequently happens when Buffet makes a move, and I don't know that it will last. But I see no reason to sell before earnings.
Burlington is about 10X the size of KSU and the largest railroad company in the US.
This frequently happens when Buffet makes a move, and I don't know that it will last. But I see no reason to sell before earnings.
posted by Andrew at
7:31 AM
2 Comments:
UCTT 5% Down, is there anything fishy going on, I didnt see any news either positive or negative on this..did u see anything?
It was up yesterday ~5% and now it's retreated.
No news on either day. Today started with greater than average volume. Maybe locking in of profits?
Certainly AMD's new cost cutting plan won't work in UCTT's favor.
One thing to consider - this is UCTT's last major blowout (100%+ earnings growth). Next quarter will be down to a 40% growth rate.
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