donniebrasco

GBX Dive On Oil Tank Car Rule Fight

Long
NYSE:GBX   Greenbrier Companies, Inc. (The)
0
Greenbrier (NYSE:GBX) says the timetable is "tight but achievable." The rail car maker has invested millions to retrofit up to 2,040 cars a year vs. 600 today.
http://news.investors.com/business/10011...

GBX has had solid performance in 2014. The sell to $60 is panic selling which will be redeemed by slow fib increments back up to all time high. First resistance about $67, then $69. This company is solid. If the US govt decides to change oil regulations again, this will probably cause a drop in the stock price. But they have already made their laws, and now GBX has two years to comply.
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