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United Parcel Service, Inc. Message Board

  • blake055122 blake055122 Jan 17, 2014 5:36 PM Flag

    Going Short

    Shorted 100 shares @$100

    So basically all the mutual funds got into UPS lower and then used the holidays news articles to lure people in and it took the stock up from about $86 to $104. I think the mutual funds are about to dump it and tell others to sell. The P/E ratio is 66 and it should be 30 at best. They release earnings jan 30th and already warned they would miss earnings. They also messed up amazons orders by guaranteeing Christmas delivery but not delivering it. No more upside and a waste of the hedge funds time and $ to keep holding.

    Sentiment: Strong Sell

107.02-0.38(-0.35%)2:49 PMEDT