Loeb is in FDX for a trade only......he's just making it look good by meeting with the CEO
Loeb is as dirty as the day is long. He's a deceptive, scamming, hedge fund manager, just like all the rest.
He makes it public that he met with the FDX CEO, in order to make it look like he really has long term interest in the company, when in fact, he's only in it for a trade.......just like he did in HLF and dozens of other stocks.
These #$%$ are only looking out for their own self interests and making some quick money.
They couldn't care less about the company.
So once again.....his deceptive plan has worked.........for now.
The stock has come well off its high today.......and I bet he's dumping his shares.
True. Its calling working your book. Carl Icahn did the same thing a few weeks ago. Had a meeting with Apple CEO then twittered it everywhere - as if he had convinced Apple to do something. Gave a quick pop to the stock but didn't hold long.