Exactly why i said to buy into this pullback. The shorts soon will be forced to cover. Barrons buyout article by UPS or Fedex Will be too risky a chance for the shorts to hold much longer overnight. If that news is announced they will be crushed! Would you chance shorting on that news? JMHO. Good luck!
Who do you think you are fooling you are short. Several places i saw this info - check on yahoo UPS board. Here is part of it - The company got a positive review in Barron's over the weekend. The article suggested that Federal Express parent FedEx or United Parcel Service (nyse: UPS - news - people ) might find thelogistics business of interest. --- CMGI has turned the corner and is now on an upward trend which is why I bought this pullback,. Usually works for me. Excercise some patience or you shouldnt be trading. JMHO.