Tuesday, April 25, 2006

Expecting RAIL to Follow CRS's Stock Pattern

Carpenter's earnings were released and the stock has popped as much as 20 points in the last few days. We would expect to see FreightCar America (RAIL) move up strongly too after their earnings is released on April 27. A 15% move up or $10 pop is likely. CRS Stock Chart

As you recall we called a similar play last week with Arch Coal - ACI and got the $10 pop that we were expecting! The stock actually shot up as much as 15 points!
ACI Stock Chart