When UPS delivers bad news, shorts come in and shake loose weak hands for quite a while. Those who look forward to a big bounce back soon aren't likely to see it. The economy is drifting... so what is the catalyst for a positive outlook? There isn't any. If there was any room meaningful efficiencies UPS would have done so over the past few years. UPS is screwed up. The best you can expect UPS to perform is like a utility with ever growing costs. Horrible future ahead.
I read here about UPS shareholders not caring about price. I think that's the perfect shareholder for UPS.
When I said "Those who look forward to a big bounce back soon aren't likely to see it. " in my last post
just proves I have NO CLUE about the stock market and I should just keep my Big mouth shut and Go Away !
What an idiot I am... 7-15 Close $85.48, 7-18 Close $87.87 = UP $2.39 since my post. Now that is a
nice Bounce Back and it happened soon... I deserve 40 lashes