We would anticipate that the stock will continue its steady move up towards the $80 - $85 level very soon following its brief dip in early March. RAIL only has 12,530,000 shares outstanding. We also anticipate that we will get news on an announcement of a 2:1 stock split soon. Shares also appear to be in very tight institutional hands who own 88.6% of the shares.
American Railcar ARII - Should follow suit to higher levels too. Same chart pattern. Bullish as well.
