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WAB, like everyboody else in rails, is subject to the whims of the sector. The company is not broken, in fact it's going quite well. But the institutional investors who are gunning for quick returns lump WAB and TRN in with BNI and RRA. WAB gets marked down becuz its seen as one with the rails.

Note too how BNI got hosed with UPS' downward view and look at the parallel in stock prices between BTU and BNI. It's the sector, not the company, cuz.


Disclosure: I own BTU and until this week had BNI.
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