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FedEx Corporation Message Board

  • rimtardsarebroke rimtardsarebroke Aug 26, 2013 10:00 AM Flag

    TIME TO SHORT. GOING BACK TO $100

     

    Airline shipping volume falling. Durable goods orders falling. Fuel rising. Interest rates rising. This is just a pump and dump orchestrated by one or more hedge funds. Will go back to 100 by end of year, easily. Next earnings will not be strong.

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    • Absolutely! Stock has disappointed since it was a $90 stock and continued to go up. Someone is manipulating this but it wont last. Volume is super light. Earnings expectations are too high. Look for serious fall when earnings announced. No upside with this melt up. Also after labor day when the traders return it may go back to $102-$105 prior to earnings. Great short at $112+, any longs take profits!

      Sentiment: Sell

 
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