Thread: FedEx 4Q Loss
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Old 06-19-2008, 04:11 AM
  #13  
Spongebob
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Joined APC: Nov 2006
Position: Grumman Torture Device (weekends only)
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The hit was due to the guidance. It was well below expectations, and the stock is valued on those expectations.

If you're just trading a stock on what they did in 4Q, you're dumb. It's all about the future.

BTW, shipped a package the other day - looks like the rate is up about 80% over last year. Ouch.

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