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Expeditors International of Washington Inc. Message Board

  • option_trader_1221 option_trader_1221 Feb 3, 2010 11:13 AM Flag

    EXPD close at $33

    Stock will sell-off for the balance of the day. The CHRW forecast is too negative too ignore. Major issues with emerging markets, and stocks trading at historically high multiples. Just nothing left in these stocks for the next 6-12 months.

    Stock held up nicely this morning, but expect some selling going through the afternoon. EXPD will close at lows of the day and will trend down for the next few months until employment finds a bottom.

    Good Luck to all.

49.04+0.89(+1.85%)Jun 30 4:00 PMEDT