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UPS Discussions
Time to buy UPS Stock at 10% off via DESPP
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<blockquote data-quote="Catatonic" data-source="post: 380002" data-attributes="member: 7966"><p>UPS has approved/reserved the funding of purchasing $10 billion of UPS Stock. Looking at the prices and volume, it would appear UPS might be stepping in once the stock goes below $60. Also, there are many margin loans against UPS stock and the belief is that at ~$57 some of these margin sells will kick in. Note: I have no inside knowledge, just analysis and speculation by UPSers that get into this type of stuff.</p><p>I definitely agree to diversify but UPS via DESPP might be a good buy within a diversified portfolio.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 380002, member: 7966"] UPS has approved/reserved the funding of purchasing $10 billion of UPS Stock. Looking at the prices and volume, it would appear UPS might be stepping in once the stock goes below $60. Also, there are many margin loans against UPS stock and the belief is that at ~$57 some of these margin sells will kick in. Note: I have no inside knowledge, just analysis and speculation by UPSers that get into this type of stuff. I definitely agree to diversify but UPS via DESPP might be a good buy within a diversified portfolio. [/QUOTE]
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Time to buy UPS Stock at 10% off via DESPP
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