10-20-2010, 03:11 PM
Vanraw Wrote:FYI I'm still holding this and it just hit $42, and I'm now 43.5% up. I do think that these transport stocks are leading indicators of the economy.
Transportation companies are the perfect barometer of the economy. They will tell you 6 months in advance when it is going bad and 6 months in advance if things are going well.
You need to start considering dropping it.
Our peak revenues are now. In a great year it will run through November and then start to curtain downward. January and February should be at minimum half of the revenue that October is.
In a great year December will be solid and November will be strong to go along with an always strong October. In a great year you may get one more solid quarter of this stock. You might actually get to the $50 that was your goal.
I am just not convinced this is a great year. Since this is the best year we have had in the last 3 years people will over state the quality of this year. Don't listen to them. If it weren't for the previous two years this year would not look as good.
If you are feeling lucky the stock will peak after the final quarter revenue reports. After that it will decline until March or April.
If I were you I would dump it sometime in November once I got a feel on how good November was doing. In average or bad years your October price is probably your peak.
Vllad