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<blockquote data-quote="Testicular Fortitude" data-source="post: 467339" data-attributes="member: 19549"><p>Fortunately I and a majority of others are more informed about the stock market than you are.That is why in October of 2008 several analysts stated that because of Fred Smiths gross mismanagement of the Fedex corporation[M D L LAWSUIT AND ALL OTHER EMPLOYEE VS FEDEX LAWSUITS] that the price of Fedex stock would fall to 45 dollars per share or lower.I and many of my co-workers dumped all of our FDX stock at 109 dollars a share.FDX stock is currently 59 dollars a share and will fall even lower when the Fedex Ground employees win their class action lawsuit.The other variables are the IRS lawsuit and every state that will file suit against Fedex to recoup taxes due them to Fedex's misclassification of its Ground and Home employees.Bad publicity is something that Fedex has always tried to avoid and hide under the carpet till now.When Fred S and certain Board of Directors are removed from power and replaced by competent and qualified individuals then this company has a chance to regain the confidence of Wall Street and the financial world.</p></blockquote><p></p>
[QUOTE="Testicular Fortitude, post: 467339, member: 19549"] Fortunately I and a majority of others are more informed about the stock market than you are.That is why in October of 2008 several analysts stated that because of Fred Smiths gross mismanagement of the Fedex corporation[M D L LAWSUIT AND ALL OTHER EMPLOYEE VS FEDEX LAWSUITS] that the price of Fedex stock would fall to 45 dollars per share or lower.I and many of my co-workers dumped all of our FDX stock at 109 dollars a share.FDX stock is currently 59 dollars a share and will fall even lower when the Fedex Ground employees win their class action lawsuit.The other variables are the IRS lawsuit and every state that will file suit against Fedex to recoup taxes due them to Fedex's misclassification of its Ground and Home employees.Bad publicity is something that Fedex has always tried to avoid and hide under the carpet till now.When Fred S and certain Board of Directors are removed from power and replaced by competent and qualified individuals then this company has a chance to regain the confidence of Wall Street and the financial world. [/QUOTE]
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