2007-05-09 04:44:45 · 10 answers · asked by miminy86 2 in Cars & Transportation ➔ Rail
You already do, every time you pay your taxes to Uncle Sam.
2007-05-09 06:50:12 · answer #1 · answered by Samurai Hoghead 7 · 1⤊ 1⤋
The preceding two answers are wrong. In theory, yes you can buy stock. It's been done. However the stock is closely held by one individual, the Burlington Northern SantaFe railroad, and maybe (I can't remember now) an insurance company. Amtrak is not exactly a government agency, although it is about 1/3 government funded. Money talks, so I'm not sure exactly what value the stock would be to anyone.
2007-05-11 05:26:00 · answer #2 · answered by conductorchris 2 · 0⤊ 0⤋
As many have said, I concur: No. You cannot buy stock in Amtrak is it is a government run corporation. It hasn't ever turned a profit anyway, so I doubt it would be a good investment anyway.
2007-05-10 10:18:00 · answer #3 · answered by Chairman LMAO 6 · 1⤊ 0⤋
Indeed, you cannot purchase stock in Amtrak, it is a private company controlled by the federal government.
2007-05-09 11:31:53 · answer #4 · answered by Alco83 4 · 1⤊ 0⤋
No,The United States government (the “Federal Government”) through the United States Department
of Transportation (the “DOT”) owns all issued and outstanding preferred stock. Its principal business is to
provide rail passenger transportation service to the general public in the major intercity travel markets of
the United States.
2007-05-09 15:43:47 · answer #5 · answered by CivilAirPatrol67 1 · 2⤊ 0⤋
amtrak is a goverment thing and they ain;t making no money they are a loss why do you think more amtrak stuff gets closed down yearly and such a huge loss in ridership
2007-05-10 08:56:01 · answer #6 · answered by accomacgeo 4 · 1⤊ 1⤋
lol at the "why would you want to" answer. You can't because it's not a publicly traded company. And as others have said they have never had net income. Operating income yes, but net income no. They have so much debt they will be in the red forever.
2007-05-12 15:33:03 · answer #7 · answered by Ravensman04 3 · 0⤊ 1⤋
No.
Its a private government agency, not a publically traded company.
2007-05-09 06:41:18 · answer #8 · answered by DT89ACE 6 · 0⤊ 1⤋
yes and no
check this link for details
http://www.breathittteens.com/research.php?title=Amtrak
2007-05-09 05:27:15 · answer #9 · answered by mixafix 2 · 1⤊ 1⤋
Why would you want to?
2007-05-09 08:39:52 · answer #10 · answered by Chris C 2 · 1⤊ 2⤋