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Seymour's Pitch: Short CSX

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Published: Wednesday, 14 Apr 2010 | 5:56 PM ET
Lee Brodie By: | Producer

As they say on TV, it’s the cold-calling segment that's sweeping the nation; one trader, one stock, and 30 seconds to make the case.

Tim Seymour is making a pitch for a short position in CSX .

Do you agree or did Seymour miss the train?

Here are Seymour’s main points:

Earnings Over - What's Next?

Rich P/E at 18

Transports Way Overbought

I think it's a great company but this is a short-term valuation call, he explains. Average P/E over the past 5 years is about 14 and it's now at 16. CSX isn't a complicated company and it looks like it's ahead of itself. However I'm a buyer around $50.50 - about 10% lower.

What do you think? We want to know!

The Pitch
One Fast trader makes the case for one stock play.




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Trader disclosure: On Apr 14, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Kelly Owns (DHI), (MS), (GOOG), (IBM), (TXN), (S); Terranova Owns (AXP), (HES), (TER), (APA), (YHOO), (MOS), (SWN), (XCO); Terranova Is Short (LCC); Terranova Owns (C) Calls; Kelly Owns (FXE) Puts ; Kelly Owns (FRE); Adami Owns (INTC), (GS), (AGU), (MSFT), (NUE), (BTU), (C) ; Seymour Owns (BAC), (EEM), (F), (INTC), (LVS), (SBUX), (AA), ( BX), (MGM); Najarian Owns (BAC) Call Spread; Najarian Owns (C) Calls; Najarian Owns (FITB) Calls; Najarian Owns (LVS) Call Spread ; Najarian Owns (MOS) Call Spread; Najarian Owns (PCX); Najarian Owns (YHOO) Call Spread; Najarian Owns (YUM) Calls; Gartman Owns (DRI), (PNRA), (CMG); Cortes is Short (LVS) & (WYNN)

For Tim Seymour
Seymour's Firm Owns (POT)

For Brian Kelly
Kelly's Firm Owns (DHI),
Kellys Firm Owns (MS)
Kellys Firm Owns (GOOG)
Kellys Firm Owns (IBM)
Kellys Firm Owns (TXN)
Kellys Firm Owns (S)
Kellys Firm Owns (BX)
Kellys Firm Owns (CCI)
Kellys Firm Owns (TLT)
Kellys Firm Owns U.S Dollar
Kelly's Firm is Short Euro

For Patty Edwards
Edwards Owns (JPM) for Clients
Edwards Owns (INTC) for Clients
Edwards Owns (GS) for Clients
Edwards Owns (MCD) For Clients
Edwards Owns (HD) For Clients

For Mike Khouw:
Cantor Fitzgerald is a Market Maker in (GE)
Cantor Fitzgerald is a Market Maker in (BAC)

For Mark Kalinowski
Janney seeks investment banking business from (MCD) (YUM)
Janney is a market marker in securities of (MCD)




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Tim Seymour is making a pitch for a short position in CSX. Do you agree with the call or did Seymour miss the train?
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