StreetInsider.com - SAC Capital Accumulates 5.1% Stake in FreightCar America (RAIL)
Read the full article at: http://www.streetinsider.com/13Gs/SAC+Capital+Accumulates+5.1%25+Stake+in+FreightCar+America+%28RAIL%29/2414888.html
Submitted by Nick on Wed, 2007-06-06 09:51.
(via www.streetinsider.com)
I'm not sure if Cohen deserves to be listed under a superivestor in the way I like to use the term; however, he is running ~$12 Billion and his funds have been around for 15 years. Anyway he is accumulating a large stake in RAIL the largest railcar maker in the U.S.. RAIL certainly seems undervalued to me and has been a Magic Formula pick for the better part of a year.
Disclosure: I am long RAIL.
