DISCIPLES OF CLAUDE
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Name detail

CSX

+2.7% called side since lock (price −2.7%) · last close 47.34 (Oct 8) · high close 49.41 · low close 45.99 · 37 days since lock

Everything the four surfaces know about one instrument, on one page.

Locked lineages
LOCKED · Ethan · Verdict due January 2028 · 469 days out
Volume-and-margin short on eastern rail, NOT a fuel trade — surcharges pass fuel through. Mechanism: distillate levy taxes discretionary goods volume; operating ratio deteriorates on falling carloads.

+2.7% called side since lock (price −2.7%) · last close 47.34 (Oct 8) · high close 49.41 · low close 45.99 · 37 days since lock

Sealed on 2026-09-02 — the claim, what would kill it, and what counts as success are frozen on an outside receipt. Nothing here can be quietly edited.
Succeeds if: Operating ratio does not improve year over year at two consecutive quarterly prints while distillates stay above $150/bbl — through the deadline.
Falsified if: Operating ratio improves y/y at two consecutive prints while distillates stay above $150/bbl.
Drivers Balance-sheet constraint proposed
Verification details

Each fingerprint is a SHA-256 digest of the exact frozen text — a matching digest means the words you read are the words that were sealed.

Claim fingerprint (thesis_hash)e9c9bfbc8fc032a0…Falsifier fingerprint (falsifier_hash)e075ff8cfd6017bf…Success-test fingerprint (predicate_hash)71a991c510a3e86e…Outside custodyreceipt manual_operator · digest 8683a75a8588d4af… · received
Cross-examination

Members file counter-evidence against a locked lineage; the desk owes a public answer by a deadline that renders here either way.

No member has filed counter-evidence against this name's locked lineages. The floor is open: `/thesis challenge CSX <your counter-evidence>` from Slack.

COUNTER-EVIDENCE ≠ GRADE — a challenge never grades the thesis and never moves a score; it puts the desk on a public clock.
Edition assessments
Edition assessments

The room graded the proposition in each sealed edition — not a member.

2026-08-29 · NO TEST Backfilled edition hash 15bd0390467e559c74c076f3…
2026-09-05 · CARRY Backfilled erratum correcting an earlier row edition hash 3ad7e3fa56cf10ecb514d9f1…
2026-09-05 · NO TEST Backfilled superseded by erratum — founder ruling D1 2026-09-20: standing thesis with no dated test grades CARRY edition hash 3ad7e3fa56cf10ecb514d9f1…
2026-09-12 · CARRY Backfilled edition hash 6271a4889f18e60066663572…
2026-09-19 · CARRY Backfilled edition hash 4f554e02dd2769ad9cd297aa…
2026-10-03 · CARRY Backfilled edition hash 6cbb3f12f574ec962d2274d6…
This week · 0 events

No recorded events

Explore this week →

Coming up
Oct 15 · Earnings — context, not evidence
Verdict deadline · Verdict due January 2028 · 469 days out

Scheduled prints are context, never evidence — nothing here grades a thesis.

Arbiters
Arbitersdeadline verdict: operating-ratio y/y sequence at quarterly prints against the distillate level · 2028-01-21 · CSX quarterly earnings releases (operating ratio, issuer-reported) + NY Harbor ULSD front-month settlement (CME/NYMEX), converted ¢/gal × 0.42 = $/bbl, quarterly average · Reads FALSIFIED on the second of two consecutive quarterly prints in which reported operating ratio is lower (better) than the same quarter a year earlier while the quarter's average NY Harbor ULSD front-month settle exceeded $150/bbl. Reads POSITIVE at the deadline when no such consecutive pair printed under that distillate condition. · 0/2
Fresh tape
Fresh tape
Oct 2 · Analyst action · Positive to Positive (Susquehanna)
Sep 25 · Insider filing · 12,611 shares at $46.78

Scheduled prints are context, never evidence — nothing here grades a thesis.

Tape
Tape

−2.8% since added to list · 2026-09-01 → 2026-10-08

2026-10-08 · 47.34

14/26 sessions with call — agreement, not judgment.

Newest sessions +0.4CSX · 2026-09-25
close -0.36% — with call
called side: SHORT since 2026-09-02
edition week of 2026-10-03 — sealed
Tape agreement only. TAPE ≠ VERDICT.
+0.0CSX · 2026-09-28
close -0.04% — with call
called side: SHORT since 2026-09-02
edition week of 2026-10-03 — sealed
Tape agreement only. TAPE ≠ VERDICT.
−0.4CSX · 2026-09-29
close 0.36% — against call
called side: SHORT since 2026-09-02
edition week of 2026-10-03 — sealed
Tape agreement only. TAPE ≠ VERDICT.
+0.9CSX · 2026-09-30
close -0.89% — with call
called side: SHORT since 2026-09-02
edition week of 2026-10-03 — sealed
Tape agreement only. TAPE ≠ VERDICT.
−0.1CSX · 2026-10-01
close 0.06% — against call
called side: SHORT since 2026-09-02
edition week of 2026-10-03 — sealed
Tape agreement only. TAPE ≠ VERDICT.
−1.9CSX · 2026-10-02
close 1.91% — against call
called side: SHORT since 2026-09-02
edition week of 2026-10-03 — sealed
Tape agreement only. TAPE ≠ VERDICT.
0.0CSX · 2026-10-05
close 0.00% — against call
called side: SHORT since 2026-09-02
Tape agreement only. TAPE ≠ VERDICT.
−0.1CSX · 2026-10-06
close 0.15% — against call
called side: SHORT since 2026-09-02
Tape agreement only. TAPE ≠ VERDICT.
+1.5CSX · 2026-10-07
close -1.45% — with call
called side: SHORT since 2026-09-02
Tape agreement only. TAPE ≠ VERDICT.
−1.1CSX · 2026-10-08
close 1.13% — against call
called side: SHORT since 2026-09-02
Tape agreement only. TAPE ≠ VERDICT.

Daily close-to-close returns · Financial Modeling Prep end-of-day closes, automated daily ingest · newest session 2026-10-08.

TAPE ≠ VERDICT — tape agreement never grades a proposition and never derives an assessment.
Timeline lane
Timeline lane
MARKETT−6dearnings — context, not evidence
LOCK-DEADLINET−469dmust meet its test by 2028-01-21
ARBITERT−469ddeadline verdict: operating-ratio y/y sequence at quarterly prints against the distillate level · CSX quarterly earnings releases (operating ratio, issuer-reported) + NY Harbor ULSD front-month settlement (CME/NYMEX), converted ¢/gal × 0.42 = $/bbl, quarterly average
MARKET2026-10-02analyst action — Positive to Positive (Susquehanna)

Full lane on the time axis

Identity
Identity
Canonical tickerCSXFirst seen edition2026-08-29Registry stateactive
2026-08-29 → open · CSX opened at registration (lib/watchlist/register.js)
Divergence
Divergence

No divergence between the editorial and resolution layers on this name.

Open stacks

Held in 0 of 0 open member stacks.

The stacks hold the full record — stances are addresses, never advice.