fedex stock buyback.

Discussion in 'FedEx Discussions' started by hypo hanna, Oct 24, 2013.

  1. hypo hanna

    hypo hanna Well-Known Member

    This thing smells like week old fish!

    Fred Smith and the others have been selling quite a lot of stock lately. Enough to cause concern with investors. Now we have a 32M buyback? I think they are going for that short term bump in price so they can keep unloading at the higher price. Are they financing this with cash or debt? Either way its going to be on our backs.
  2. Mr. 7

    Mr. 7 The monkey on the left.

    They got plenty of money for stupid crap like this but, no money for raises for the people that actually carry freight.
  3. Artee

    Artee Active Member

    They are not the only ones. I know 20+ year employees with many shares of stock selling right now while the price is high. Once the buyback starts the price is figured to be less than what it is selling for right now. Buy low...sell high. Its they way the smart investor does it.