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FedEx contractor revolt?
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<blockquote data-quote="bacha29" data-source="post: 5389671" data-attributes="member: 58386"><p>It's important to note that only 1.3% of it's stock is currently shorted. That's a low number. At the same time the stock has fallen 10% from what it was prior to the Patton conference.</p><p>It would appear however that X has got whichever bodily orifice you want to use caught in the wringer. There's only so much money to go around and with several major parties, activist investors, passive investors, contractors, pilots, managers etc all wanting a big chunk of coin all at a time when the economy especially consumer discretionary spending is waning, it then appears that there won't be enough money to go around.</p><p></p><p>Again, it's a damn poor setup to begin with and it's vulnerable.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5389671, member: 58386"] It's important to note that only 1.3% of it's stock is currently shorted. That's a low number. At the same time the stock has fallen 10% from what it was prior to the Patton conference. It would appear however that X has got whichever bodily orifice you want to use caught in the wringer. There's only so much money to go around and with several major parties, activist investors, passive investors, contractors, pilots, managers etc all wanting a big chunk of coin all at a time when the economy especially consumer discretionary spending is waning, it then appears that there won't be enough money to go around. Again, it's a damn poor setup to begin with and it's vulnerable. [/QUOTE]
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