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1Q Earning Release
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<blockquote data-quote="wkmac" data-source="post: 86838" data-attributes="member: 2189"><p>I looked at the shareprice and roared with laughter just knowing the posts that would follow. I hope you didn't look at FDX because it was up. Reasoning behind that is "if UPS has done this then FDX should do such and such" so upward it goes. I've seen the reverse when FDX reported and tipped down slightly while UPS went up as the same rational towards UPS took place. Nature of the game. </p><p> </p><p>I think the reason is that our shareprice already reflects what UPS reported and there will be a little profit taking for the moment. Had we beat the numbers soundly like reported 92 cents a share, then the stock would have risen as that profit level isn't factored into the current stock price. </p><p> </p><p>I'd not be surprised to see the shareprice flounder for the next several weeks until some other news comes out to lend support of the shareprice going up or rather giving analysts who cover further reason to believe the 2Q estimates are doable. Once we get some news that either propels the overall market higher or something that is specifically good for our sector or for UPS specifically, then just enjoy for once that we'll likely hangout shareprice wise in the low $80's with a potential dip into the high $70's. Sure beats that up/down cycle a few years ago of low 50's to low 60's and then back down again. </p><p> </p><p><img src="/community/styles/default/xenforo/smilies/group1/thumbup1.gif" class="smilie" loading="lazy" alt=":thumbup1:" title="Thumbup1 :thumbup1:" data-shortname=":thumbup1:" /></p></blockquote><p></p>
[QUOTE="wkmac, post: 86838, member: 2189"] I looked at the shareprice and roared with laughter just knowing the posts that would follow. I hope you didn't look at FDX because it was up. Reasoning behind that is "if UPS has done this then FDX should do such and such" so upward it goes. I've seen the reverse when FDX reported and tipped down slightly while UPS went up as the same rational towards UPS took place. Nature of the game. I think the reason is that our shareprice already reflects what UPS reported and there will be a little profit taking for the moment. Had we beat the numbers soundly like reported 92 cents a share, then the stock would have risen as that profit level isn't factored into the current stock price. I'd not be surprised to see the shareprice flounder for the next several weeks until some other news comes out to lend support of the shareprice going up or rather giving analysts who cover further reason to believe the 2Q estimates are doable. Once we get some news that either propels the overall market higher or something that is specifically good for our sector or for UPS specifically, then just enjoy for once that we'll likely hangout shareprice wise in the low $80's with a potential dip into the high $70's. Sure beats that up/down cycle a few years ago of low 50's to low 60's and then back down again. :thumbup1: [/QUOTE]
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