Sorry. I didn't mean to be rude. It's just that so many incorrect info gets published on this message board castigatiing UPS with false acc;usations. However, I do have my receipt from the UPS store here in Mashpee Commons on Cape Cod for the scanning and e-mailing of 10 pages,and the cost was $5.00.
The unfortunate part of being on the open stock market is that the "big guns" anticipate the upswing and drop millions of dollars into the stock. The next morning, they sell everything and run to the bank with huge profits. So much for middle America who has no way of surviving the tremendous greed in this country. I keep hoping that UPS will go back to being a private company so we might have a chance to reap some of the rewards.
Don't know where you went, but I just did the same thing. They scanned and e-mailed 10 pages and only charged me $5.00. Either you are one of those people who hate UPS and constantly post incorrect info or the UPS store you went to has a serious problem!!
I'm sooo disgusted with how this market works! FDX ACTUALLY got a "pop" today because they settled an OVERCHARGE suit from 2011. If this had been UPS, the market would have been all over UPS and painting a doomsday picture. Then we have the the BIG guys and day traders throwing millions of dollars into UPS stock today, only to sell it at the end of the day and reap their rewards. What happened to the good old days when we were a private company??? Where's Jim Kelly????
Why don't all you UPS bashers just go quietly into the night. We all know the analysts will do anything to put UPS in a bad light. Of course, they rave about FDX who can't hold a candle to UPS Fred certainly knows how to play Wall Street.....how obvious and unprofessional.
So glad there are some intelligent people out there following FDX's gross misrepresentation by so-called analysts. You know who's in DC most of the time hobnobbing with the elitists on the hill. Just read a report yesterday which painted FDX with golden brush. Immediately after, another report came out comparing the two companies and UPS won hands down. Nice to know there are some unbiased analysts out there.
So much for the doom and gloomer comments. Some people just can't stand UPS's success. Sooo, we believers will just continue to enjoy the ride. No, it may not be a dynamic stock, but it sure hangs in there through thick and thin.
Sentiment: Strong Buy
Thanks for the good explanation. I do rely on their dividends and am not just a trader. Have owned the stock for 15 years and rely on it as part of my income.
Perhaps I better stop worrying and believe in their approach. Let's hope so!
The new guys in charge just don't get it....the stockholders listen to their quarterly interviews and Kurt and Scott get hammered ... Why? Because they are boring and never say anything totally positive about their company in a way that would excite people.
I equate it to when I was teaching adults at a company and when a particular lady asked a question, I would answer either "yes or no" and then end it with a caviat. She'd say, "OK, I'll have to put that in my 'ya,but' book". That's how I feel about these two men. Their answers are perhaps factual, but I believe uninspiring which leaves me extremely uneasy what with all the negative publicity on the company!
When is Scott Davis going to realize that Fred Smith is the "Golden" guy on Wall Street? Do you ever see anything positive being said about UPS? It's all about money and UPS investors are watching their investments in UPS languishing.
The initial IPO and split supposedly was going to be a boom for investors; however, that didn't last long. Haven't seen a split since then but in the old days of being private, the stock split every 3 to 4 years. Oh, for the good old days!!!
I'm beginning to think never! Just waiting to see what the decision is on the next dividend. If they don't give us something positive, I think it's time to pull the plug. I've owned UPS for 12 years but, since the IPO, the way I read it is that Wall Street sentiment controls its' stock. Unfortunately,they love FDX!
Sure wish I knew. Have had my finger on the sell button recently but am going to wait until I see if we'll be rewarded with a raise in dividends to make up for its lackluster performance.
Remember when UPS was a private company and their stock split every 3 or 4 years? Sure would like to know why things have gone down hill so badly since the IPO. We all know Wall Street's baby is FDX. Is it the Union????