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FedEx contractor revolt?
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<blockquote data-quote="bacha29" data-source="post: 5339002" data-attributes="member: 58386"><p>This AM FDX is trading ABOVE both it's 50 day and 200 day moving average. Of 32 analysts who track FDX stock 23 of them have given it a "buy" or "strong buy" rating with an average target price of $290. Even the other 9 have given it a "hold" rating. </p><p></p><p>So what does that tell you? It tells you that a handful of contractors parking their trucks for a day or two will not have any meaningful impact on FXG operations. I told you guys 3 years ago not to hang around too long trying to get every last possible dime you can get for your routes but you wouldn't listen. So now it's either find somebody willing buy your routes for a "take it off your hands" price or soldier on until you simply run out of cash and the old woman is threatening to leave you if she hasn't already done so. </p><p></p><p>It most definitely will not get any better for you and getting even worse is almost guaranteed but you have nobody to blame but yourselves.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5339002, member: 58386"] This AM FDX is trading ABOVE both it's 50 day and 200 day moving average. Of 32 analysts who track FDX stock 23 of them have given it a "buy" or "strong buy" rating with an average target price of $290. Even the other 9 have given it a "hold" rating. So what does that tell you? It tells you that a handful of contractors parking their trucks for a day or two will not have any meaningful impact on FXG operations. I told you guys 3 years ago not to hang around too long trying to get every last possible dime you can get for your routes but you wouldn't listen. So now it's either find somebody willing buy your routes for a "take it off your hands" price or soldier on until you simply run out of cash and the old woman is threatening to leave you if she hasn't already done so. It most definitely will not get any better for you and getting even worse is almost guaranteed but you have nobody to blame but yourselves. [/QUOTE]
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