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XPO Logistics, Inc. Message Board

  • joetong419 joetong419 May 27, 2014 12:18 PM Flag

    XPO which comes first: 20 or 30

    In a favorable market uptrend XPO now about 25 should go over 30 after lots of profit-taking selloff from over 32.

    Hoever, if a market pullback from all-time highs, XPO could follow (hope not) down to 20.

    Pacer biggest acquisition to digest. Before 12/31/14 ends, will like to see a target 35-40.


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    • I have no position at this time but will get back in if/when it gets to around 25 again (getting closer today). Unless there is an overall market correction I don't see this hitting 20 again at all.

      Sentiment: Buy

    • Think you've got your answer already here. $30 it is. Since Citadel announced their 1.4m share addition, it has been nothing but up. No coincidence there. Hopefully some other funds will follow suit and we can see an acquisition in the next few weeks using that credit facility they established. In that case, you may see your target (35-40) sooner than you think.

    • Should see another acquisition soon. That should send stock over 30 regardless of market pullback.

      • 1 Reply to roberheu
      • Forbes has a good article on the consolidation process logistic companies.
        Only need guts to dollar-cost average on the way down, XPO then trades flat for awhile, before resumes going higher.
        From about 11 to 22, pullback to 16, rise to 32, retrace to 23-24, then the attempt to move back over 30+. Along the way, you get those taking profits. No guarantees in life.

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