Buy Alert: March 4, 2016

| March 4, 2016

Buy Alert:  March 4, 2016


Trade Details

Buy FreightCar America (RAIL) April 15th 17.50 Calls for $0.95 or better (lower)



Markets are stabilizing and investors are becoming more bullish.  Even commodities are getting in on the action.  Oil is finally showing signs of life as well.  With commodities on the upswing, railroads should also see positive momentum.  RAIL is super cheap at current levels and has great fundamentals.  I expect the reversal higher to continue in a big way.

We’re going to buy April calls.  Conservative investors can take profits at $18.50.  Aggressive investors can hold up to $20.  For risk control, conservative traders should exit at $15, while more aggressive traders can hold down to $14.


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FreightCar America


Category: OTW Buy Alerts