With forward guidance about to be placed back onto CSX, sometime in August, this will give investors more confidence and fund managers more confidence too.
My feeling is that CSX at $7.69 was sales based on covid fears and also my feeling is that CSX trading as low as $1.36 (intra-day) was insanely undervalued based on border closures, sluggish sales etc.
Lets just take those 2 figures, add them together as an average and divide by 2, we get a price of $4.52....could this be our guidance range based on a sales guidance somewhere between fear sales and sluggish sales?
Care to discuss?
Forward Guidance
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