Did our stock split?!?
- Thread starter filthpig
- Start date
IWorkAsDirected
Outa browns on 04/30/09
nope, just tanked, boy I'm ready to retire, sure glad I don't have management's ups stock pension.
Wall Street has Industrial Engineers too? That would explain a lot.
Catatonic
Nine Lives
23% drop in last year looks about right.
Our pension funding is well diversified but unfortunately the entire equity market is down at least that much.
But many management people are delaying their retirement.
IWorkAsDirected
Outa browns on 04/30/09
Down to 50, hoaxter that's not a 20$% drop from 71 it's a 20 point drop.
stevetheupsguy
sʇǝʌǝʇɥǝndsƃnʎ
You ain't kidding, your time is short. You gonna have a big party?
Catatonic
Nine Lives
OK... if you're going to try getting nick picky on me.
The original poster said it was down 23...
1/14/08 it was $67.16
1/11/08 it is at $50.93
That is a drop of 24%.
I eyeballed it and said "23%...that looks about right".
My response now, in the spirit of UpState, - "Damn I'm good!"
stevetheupsguy
sʇǝʌǝʇɥǝndsƃnʎ
BigBrownSanta
Well-Known Member
I hate algebra!!!
Calculus too, if I had ever taken it...
Calculus too, if I had ever taken it...
Catatonic
Nine Lives
Algebra - it's ok...you occasionally use it in real life.
Calculus - 6 quarters of it and never used it in real life.
stevetheupsguy
sʇǝʌǝʇɥǝndsƃnʎ
Let's just say, I graduated High School, a little bit early, so math is not my forte`. Now, if talking smack was one of my classes, I'd of gotten all A's.
pretzel_man
Well-Known Member
If you look at the last year, FedEx, the DOW, and S&P all did worse than UPS.
Over the last 2 years, UPS lost as much as the DOW (almost exactly the same). The S&P and Fed Ex all did worse.
I understand that UPS pension is fully funded.
I would assume that Teamster pensions are invested in the stock market?
When the stock market drops, we are ALL affected.
UPS stock is only one very small piece.
P-Man
BigBrownSanta
Well-Known Member
I have never understood why anyone in their right mind would ever need to turn letters into numbers until I was introduced to that da*n toggle key on the DIAD IV.
Seriously, algebra and business ethics were the only classes I never completed in college. My wife tells me that she woke up one night and I was talking in my sleep saying over and over again, "I hate algebra. I hate algebra...".
If you go to www.usatoday.com and enter ups in the little stock quote thing on the front page it shows the price as 28.16. Did I miss something?
BigBrownSanta
Well-Known Member
It must be that media bias we all keep hearing about.
