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FedEx Discussions
Rumors of buy out?
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<blockquote data-quote="bacha29" data-source="post: 4401145" data-attributes="member: 58386"><p>If earnings continue on their downward trajectory why buy the stock now at 106 when you can wait a year and buy it at 66? </p><p>If Tuesday's earnings report is as bad as some fear it will be and the forward looking guidance doesn't try to mask what is likely to be a not very positive outlook then I wouldn't be surprised if the stock goes below 90 . If it does then where the new support level lies is anybody's guess and if this keeps up then all it's going to take would be for a couple of those institutional investors to throw in the towel .</p></blockquote><p></p>
[QUOTE="bacha29, post: 4401145, member: 58386"] If earnings continue on their downward trajectory why buy the stock now at 106 when you can wait a year and buy it at 66? If Tuesday's earnings report is as bad as some fear it will be and the forward looking guidance doesn't try to mask what is likely to be a not very positive outlook then I wouldn't be surprised if the stock goes below 90 . If it does then where the new support level lies is anybody's guess and if this keeps up then all it's going to take would be for a couple of those institutional investors to throw in the towel . [/QUOTE]
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