Total 3 Posts

Simply sizzling performance

Since March 1st, we are up 55% versus the market's approx 25% Since January 1st, we are up 112% versus the markets approx break even performance.

Net Net: Cash $60m, Long term debt $10m, Market cap $14m - FreightCar America Inc. (NASDAQ:RAIL)

With $60 million in the bank, a big backlog (versus a $14 million market cap), and a management dedicated to fixing the profitability issues, I think the company has enough run way to get through the Covid-19 crisis, turn itself around and return to its former valuations.

2020 - April Performance

The lucky rabbits foot has paid big dividends in April. Compared to the broader S&P market the portfolio gained 43% compared to 12% - so that was nice.
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