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XPO | Devastating Report Hammers XPO Stock

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survy9

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This report is amazing:

https://www.sprucepointcap.com/xpo-logistics-inc/

Response from XPO was pretty tepid:

http://investors.xpologistics.com/phoenix.zhtml?c=204615&p=irol-newsArticle&ID=2380690

Stock was $116 in September. Closed at $44.50, down 10% yesterday and 27% today. Don't think BJ will be on Mad Money again any time soon.

The writers are of course hoping the stock goes down (that's why they wrote it) so keep in mind that if they knew anything positive they weren't going to include it, and their job is to make things look as bad as possible. But if even half is true...ouch...
 
survy9 said:
This report is amazing:

https://www.sprucepointcap.com/xpo-logistics-inc/

Response from XPO was pretty tepid:

http://investors.xpologistics.com/phoenix.zhtml?c=204615&p=irol-newsArticle&ID=2380690

Stock was $116 in September. Closed at $44.50, down 10% yesterday and 27% today. Don't think BJ will be on Mad Money again any time soon.

The writers are of course hoping the stock goes down (that's why they wrote it) so keep in mind that if they knew anything positive they weren't going to include it, and their job is to make things look as bad as possible. But if even half is true...ouch...
Click to expand...
No doubt.... It kind of confirms what a lot of us felt ,that something was amiss . All the news was a positive spin out of corperate while in the trenches and feedback from the customers was saying different. The people that where capable were leaving . I have been saying all along this isn't sustainable.
 
I understand the short sell. But I still don’t understand this major drop. It’s unprecedented!
RLlRXsc.jpg
 
Saw on twitter that Spruce Cap has secretly changed their report. I downloaded it when news first broke and just went back to download again. Page 31 is completely missing.

I'm not an accountant so I don't understand the significance but interesting that they've had to retract some.
 
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