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UPS Discussions
UPS Releases 2Q Earnings
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<blockquote data-quote="ManInBrown" data-source="post: 4942583" data-attributes="member: 46614"><p>Very simple reason for why the stock tanked. Volume is back to reality. Up until a few days ago, for weeks everyone thought the pandemic was over. People havent been working from home and sheltering in place for months. When everyone was stuck inside volume was thru the roof. I didn’t sell a share. Might never see $200 a share again. I think this is just the beginning of the freefall. I wouldn’t be shocked if it settled back down to its normal range of $120-$140. Kind of regretting it, but nothing you can do. Selling the stock before retirement sucks anyway. You get pounded from every direction. Capital gains taxes, income taxes. Everyone has their grubby hands in your pocket.</p></blockquote><p></p>
[QUOTE="ManInBrown, post: 4942583, member: 46614"] Very simple reason for why the stock tanked. Volume is back to reality. Up until a few days ago, for weeks everyone thought the pandemic was over. People havent been working from home and sheltering in place for months. When everyone was stuck inside volume was thru the roof. I didn’t sell a share. Might never see $200 a share again. I think this is just the beginning of the freefall. I wouldn’t be shocked if it settled back down to its normal range of $120-$140. Kind of regretting it, but nothing you can do. Selling the stock before retirement sucks anyway. You get pounded from every direction. Capital gains taxes, income taxes. Everyone has their grubby hands in your pocket. [/QUOTE]
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UPS Releases 2Q Earnings
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