I second that.
Third!
Nope. The sky was falling three weeks ago when it dropped 300 points. Popped right back up. Imaginary money anyways.Bradley Jacobs needs to lift up his stock. I have a feeling this deal with Conway is going to fall thru but I am stupid and a nobody and have no actual knowledge other than I follow the stock market. Does this stock price chart seem troubling to anybody but me?
Only thing in this deal I see as an outsider, is that Xpo is taking on a lot of debt and if things dont work out as they plan there could be real trouble servicing the debt. Having said that I think it could be a real positive for conway and possibly the whole industry. XPO seems to have some modern thinking mgmt, instead of the same old beat the drivers into the ground mentality that pretty much all the ltl carriers have. CF was always the worst for hating on their drivers and it carried over to conway. It's time for the old school mentality to be put to rest and these carriers start to appreciate drivers, dock, because it certainly isnt easy to find people to do either anymore. Hopefully this is the beginning of a sea change in this industry which will benefit all.Bradley Jacobs needs to lift up his stock. I have a feeling this deal with Conway is going to fall thru but I am stupid and a nobody and have no actual knowledge other than I follow the stock market. Does this stock price chart seem troubling to anybody but me?
I've been through a few of these acquisitions before and followed several others. The stock price means absolutely nothing during the transition period because some people panic and drop out of the market. The debt is always a concern, but XPO and Conway are both profitable and can cover the debt that he's accruing. No reason to panic.
Personally , intermodal doesn't bother me that much considering we can compete or blow anybody away on 1 and 2 day freight. It would add business if we get more delayed freight.
I'm not a stock analysis by any stretch, but I'm not worried. jacobs is a very smart and savvy business man. he knows what he's doing. I've read where wall street analysts, and other financial consulting firms are all pumped up about this pending deal. morgan Stanley has offered 2 billion dollars for the deal and there are other private investors who believe in Jacobs who have deeeeeep pockets and are ready to push their chips 'all in' to help the cause. once this combined business gains traction,I think you'll see this graph flip-flop and soar upward. The absorption of Conway by xpo is going to result in a monstrously huge global entity the likes of which we've never seen nor experienced. With all that it will have to offer in blended services on an international stage, it will be a one stop shop for shippers and growth will become exponential. I am feeling good and truly believe that it's just a matter of time before this stock will explode baby and rocket up and out of sight!!!Bradley Jacobs needs to lift up his stock. I have a feeling this deal with Conway is going to fall thru but I am stupid and a nobody and have no actual knowledge other than I follow the stock market. Does this stock price chart seem troubling to anybody but me?
That should worry you.
