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Brown Cafe UPS Forum
UPS Retirement Topics
Stock steady above $100, will it split?
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<blockquote data-quote="brown metal coffin" data-source="post: 1365643" data-attributes="member: 38727"><p>I watch fedex almost every day and the reason why it is as high as it is and what started it was Bill Ackman. When he implied that he was going to be buying the stock and putting it in his fund; it took off like a rocket. Only he never did put it in his fund but the price didn't rescind. Then after the awful christmas earnings which were so low and easy to beat; Fed Ex crushed it in that 2nd quarter. It seems that whenever the transport index is up they are always up and what ever UPS is doing that day they are double, but seems to be the pattern on the losses as well. </p><p></p><p><a href="http://www.ibtimes.com/bill-ackman-really-wont-want-fedex-fdx-now-1407610" target="_blank">http://www.ibtimes.com/bill-ackman-really-wont-want-fedex-fdx-now-1407610</a></p><p></p><p><a href="http://www.bloomberg.com/news/2013-07-09/fedex-rises-on-speculation-bill-ackman-may-acquire-stake.html" target="_blank">http://www.bloomberg.com/news/2013-07-09/fedex-rises-on-speculation-bill-ackman-may-acquire-stake.html</a></p></blockquote><p></p>
[QUOTE="brown metal coffin, post: 1365643, member: 38727"] I watch fedex almost every day and the reason why it is as high as it is and what started it was Bill Ackman. When he implied that he was going to be buying the stock and putting it in his fund; it took off like a rocket. Only he never did put it in his fund but the price didn't rescind. Then after the awful christmas earnings which were so low and easy to beat; Fed Ex crushed it in that 2nd quarter. It seems that whenever the transport index is up they are always up and what ever UPS is doing that day they are double, but seems to be the pattern on the losses as well. [url]http://www.ibtimes.com/bill-ackman-really-wont-want-fedex-fdx-now-1407610[/url] [url]http://www.bloomberg.com/news/2013-07-09/fedex-rises-on-speculation-bill-ackman-may-acquire-stake.html[/url] [/QUOTE]
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Stock steady above $100, will it split?
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