We may choose to put a stop loss at our next meeting. Crude oil prices are also dropping. The earnings keep exceeding estimates. No news on possible Lucent takeover. No news on why the stock has gone down.
Analysts recommend strong buy.
3rd quarter earnings look good. Revenue per available room is increasing. These companies in general use lots of oil and right now are benefitting from low oil prices. Removing the railroad bottle neck in Port of LA by accepting large cargo sizes can help these companies develop further. In-depth coverage will follow in the future meetings.