Monday, November 5, 2012

Monday evening


Monday Afternoon - GWR

GWR Daily Chart (11:00AM)
Genesee & Wyoming Inc. reported this morning with a nice beat.  Over 9% of the stock is shown as short in Finviz and that would take nearly 7 trading days to cover.  There is no dividend and today really isn't the time to buy but any close approach to the 20 day sma has been a good place to enter.   There is exposure to Europe as they have operations there so you may want to read up on how that part of the business looks.  I have no position.

Monday morning