Re-Raise
Well-Known Member
True....2.5-3% dividend is a decent return right now. You must have sold in one of those two very narrow time ranges when it was over $80?
I haven't sold very many shares.
True....2.5-3% dividend is a decent return right now. You must have sold in one of those two very narrow time ranges when it was over $80?
We had management tell us that ups was very close to going under in 08'.....this came from a couple managers mouth.I keep being reminded of this thread every time someone talks about how high the stock price is.
The sky was falling for some of these people a hand full of years ago
Look at 08 finanicals cash on hand, no where close to going under in 08.We had management tell us that ups was very close to going under in 08'.....this came from a couple managers mouth.
I was stoked when it dropped so low. Buy low baby.I keep being reminded of this thread every time someone talks about how high the stock price is.
The sky was falling for some of these people a hand full of years ago
Exactly. I remember when we had our worst quarter in years our center manager crying that just 8 more quarters like that and ups would be losing money.Look at 08 finanicals cash on hand, no where close to going under in 08.
I know it's bs... But that's what they were telling drivers....Look at 08 finanicals cash on hand, no where close to going under in 08.
Because management always tells the truth? They were just pissed off because they didn't get any raises that year but we did. They also didn't match their 401k that year.We had management tell us that ups was very close to going under in 08'.....this came from a couple managers mouth.
During the pcm I remember a bunch of drivers snickering...everybody knew it was typical ups bs.... Disinformation trying to get everybody scared... WhateverBecause management always tells the truth? They were just off because they didn't get any raises that year but we did. They also didn't match their 401k that year.
Surprised they just didn't do it to be able to tell the union that major givebacks would be needed then hide the profits in off shore accounts... Sounds about right .Exactly. I remember when we had our worst quarter in years our center manager crying that just 8 more quarters like that and ups would be losing money.
I'm like hold on 2 years worth of progressively worse quarters and then we wouldn't be making a profit anymore. Not bankrupt we would still have our cash reserves.
Yeah I was never worried.
If they was so worried about having cash on hand, they could have lowered the dividend.During the pcm I remember a bunch of drivers snickering...everybody knew it was typical ups bs.... Disinformation trying to get everybody scared... Whatever
If they was so worried about having cash on hand, they could have lowered the dividend.