Investors accuse FedEx of lying

Discussion in 'FedEx Discussions' started by Operational needs, Sep 24, 2019.

  1. Operational needs

    Operational needs Virescit Vulnere Virtus

    • Funny Funny x 3
    • Agree Agree x 1
    • List
  2. Cactus

    Cactus Just telling it like it is

    Another nail in the purple coffin.

    5A571B31-9179-4B69-8279-B037CB134091.jpeg
     
  3. bacha29

    bacha29 Well-Known Member

  4. Exec32

    Exec32 Active Member

    Called it over a year ago,,what's up bacha
     
  5. MrFedEx

    MrFedEx Engorged Member


    This goes back awhile, but suffice it to say that Fast Freddie and a couple of other top execs sold at $256 per share after making false statements about revenues and costs, plus falsifying information on the TNT purchase.

    I anyone really surprised? FedEx is on the ropes, and may go down. Some analysts are saying the company could break up. Our executive team is as honest as Donald Trump.

    Boo hoo, Fred.
     
  6. Exec32

    Exec32 Active Member

    Wake up
     
  7. bacha29

    bacha29 Well-Known Member

    Closed at 140 . Spent much of the day at 139. Right now I'm sitting in the bleachers sorta speak and watching the other lucky contestants in the ongoing race to the bottom of the cheap freight shipping sector for which there are no winners except Fat Freddy and his loyal subjects.
    As we spoke earlier you're only in this racket until you run out of cheap labor. Given the influx of contract flipping speculators it's only a matter of time until they start getting burned .
     
  8. bacha29

    bacha29 Well-Known Member

    As we talked about before Fat Freddy might have to make an acquisition not on the basis of growth and synergy's but to chase away a hostile take over bid. The lower the price goes the more blood in the water and the sharks might begin to circle. So if the EPS doesn't start to show some improvement within the next couple of quarters don't rule out anything.
     
  9. MrFedEx

    MrFedEx Engorged Member

    Possibly.If Trump's trade wars drag on, FedEx could really be in the toilet. Yesterday's dismal report on manufacturing was largely a result of US producers losing a large percentage of their export business. Think Caterpillar, Boeing (other issues as well), and anyone else that makes big ticket items that the Chinese would ordinarily be buying.

    Empty airplanes lose huge money, even if they're new fuel efficient models. So I'm not expecting much from Express. I don't even think the move to 7 day Ground will help that much overall.

    Maybe move that Buy Order to $100 per share.
     
  10. zeev

    zeev Member

    Analysts feel they were also lied to on last earnings call, now the problem is the analysts will not be able to recommend FedEx to their clients ie. hedge funds mutual funds without the big buyers this stock is going nowhere fast I think $100.00 might be to optimistic.
     
  11. bacha29

    bacha29 Well-Known Member

    Withdrew the order all together. Bought instead small positions in stock symbol BLD and ET.
     
  12. 59 Dano

    59 Dano I just want to make friends!

    It's as if they hit one every 52 weeks or something WHAT IS THIS WORLD COMING TO???
     
  13. bacha29

    bacha29 Well-Known Member

    278 to 142 in what is supposed to be a booming economy. How do you explain away this one Big D?
     
  14. zeev

    zeev Member

    CNBC even said it was sell look out below.
     
  15. Operational needs

    Operational needs Virescit Vulnere Virtus

  16. 59 Dano

    59 Dano I just want to make friends!

    Explain away what?
     
  17. bacha29

    bacha29 Well-Known Member

    Let me try again. How do you explain away a stock that over the past year has had it's price cut nearly in half at a time when we've supposedly have seen record economic expansion with all the major indexes testing new highs?
     
  18. MrFedEx

    MrFedEx Engorged Member

    T-R-U-M-P.
     
  19. zeev

    zeev Member

    Fred S
     
  20. Cactus

    Cactus Just telling it like it is

    [​IMG]