FDX drivers- are you investing in your stock?
03-02-2009, 06:37 AM
#41
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Gee and I thought he was talking about this:
Dow falls below 7000, first time since 97. I wonder what it was before Nancy and Harry took over.
But this was pretty scary if you like mutual funds:
What has been discussed is changing 401(k) and Individual Retirement Accounts in the future by limiting the deductibility of donations, and offering as an alternative a $600 tax credit and a new type of account with an annual return guaranteed by the government. That's a controversial idea to be sure, but it's a far cry from proposing that the government seize retirement assets that investors have already salted away in 401(k)s or IRAs. Nobody we know of is proposing anything like that.
But in these troubled times I go to my happy place by chanting "The Surge Will Not Work" over and over.
Dow falls below 7000, first time since 97. I wonder what it was before Nancy and Harry took over.
But this was pretty scary if you like mutual funds:
What has been discussed is changing 401(k) and Individual Retirement Accounts in the future by limiting the deductibility of donations, and offering as an alternative a $600 tax credit and a new type of account with an annual return guaranteed by the government. That's a controversial idea to be sure, but it's a far cry from proposing that the government seize retirement assets that investors have already salted away in 401(k)s or IRAs. Nobody we know of is proposing anything like that.
But in these troubled times I go to my happy place by chanting "The Surge Will Not Work" over and over.
Last edited by FDXLAG; 03-02-2009 at 07:02 AM.
03-02-2009, 08:18 AM
#43
Gets Weekends Off
Joined APC: Sep 2006
Posts: 164
Originally Posted by Busboy
You haven't been listening to the hateful fear mongers, have you?
FactCheck.org: Are congressional Democrats talking about confiscating IRA and 401(k) investment accounts?
FactCheck.org: Are congressional Democrats talking about confiscating IRA and 401(k) investment accounts?
I'm a realist.
03-05-2009, 10:33 AM
#46
Nice lookin' tree, there!
Joined APC: Sep 2006
Position: MD-11, old man
Posts: 2,198
My prediction for FDX
Seeing as I've just signed up for the ESPP after being out of it for 18 years, the company will file for Chapter 7 bankruptcy anytime now. If any of you have any investment questions, please don't hesitate to ask me.
fbh
fbh
03-05-2009, 11:52 AM
#47
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Thread Starter
Joined APC: Mar 2006
Posts: 3,333
Originally Posted by Shaggy1970
Interesting that for the first time Fedex stock has fallen below that of UPS! Historically its always been around 20-30% higher!
03-05-2009, 11:53 AM
#48
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Thread Starter
Joined APC: Mar 2006
Posts: 3,333
Originally Posted by frozenboxhauler
Seeing as I've just signed up for the ESPP after being out of it for 18 years, the company will file for Chapter 7 bankruptcy anytime now. If any of you have any investment questions, please don't hesitate to ask me.
fbh
fbh
You must know something no one else does...
03-05-2009, 01:00 PM
#49
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Joined APC: Sep 2006
Posts: 164
Charts, charts, charts....look f-ugly! I like it. Support levels of the major indexes have been destroyed. The dollar is peaking, gold is up $27 and the Dow is down 281...one of these indicators is lying. My guess is the dollar and when it starts to drop we will be eating a whole other kind of sheit sandwich.
I said on 2-25 that if FDX traded in the 30's I'd a nibbling. It closed at $39.00 down $3.58, 8.4%....ouch! If the market has a capitulation here in the next few days look to get in. The Price to Earnings is 11 or as BHO said Profit to Earnings....sheesh! A good rule of thumb is what BHO says do the opposite. New bumper sticker, "BHO lied, Capitalism died!" It's mine, all mine.
All of us "insiders" know our loads and see the writing on the wall. The time to get in (only for a trade) is when there is "blood in the streets." We are not going out of business but we are acting as if we are. "They" are doing what needs to be done to sustain and to be ready to pounce when the time comes. We are still very profitable with much "fat" protecting us. More will be revealed when the company resolves the manning and aircraft issue here shortly.
I said on 2-25 that if FDX traded in the 30's I'd a nibbling. It closed at $39.00 down $3.58, 8.4%....ouch! If the market has a capitulation here in the next few days look to get in. The Price to Earnings is 11 or as BHO said Profit to Earnings....sheesh! A good rule of thumb is what BHO says do the opposite. New bumper sticker, "BHO lied, Capitalism died!" It's mine, all mine.
All of us "insiders" know our loads and see the writing on the wall. The time to get in (only for a trade) is when there is "blood in the streets." We are not going out of business but we are acting as if we are. "They" are doing what needs to be done to sustain and to be ready to pounce when the time comes. We are still very profitable with much "fat" protecting us. More will be revealed when the company resolves the manning and aircraft issue here shortly.
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