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NSC vs. Irene (Thinking Outloud)



August 26, 2011 – Comments (3) | RELATED TICKERS: NSC , CSX , CNI

From Virginia to Maine it's going to be ugly and NSC's infrastructure is going to be under attack. NSC is a fine company but may find itself flooded, undercut and tree-laden for a week or more. In my opinion this will lead to NSC taking a hit to the bottom line and thus the share price. The upside I see is NSC will be positioned well to help distribute building materials to the areas that will be in need of repair. Catch it on the way down and on the way up. I may be wrong about the next 48 hours. But as the title of the blog says I'm thinking outloud.

3 Comments – Post Your Own

#1) On August 27, 2011 at 2:07 PM, constructive (99.98) wrote:

Presumably they have catastrophic weather insurance?

I'm in Norfolk and it doesn't look bad so far (especially since the downgrade to category 1).  No problem with power or wind damage yet, I'm sure there will be flooding but we're used to that. 

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#2) On August 27, 2011 at 9:23 PM, leohaas (29.28) wrote:

If your prediction comes true, and you truly believe NSC is a fine company, then maybe there will be a buying opportunity waiting for you!

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#3) On August 29, 2011 at 4:02 PM, catoismymotor (< 20) wrote:

Look at how wrong I was! Today was a great day.

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