XPO | Selling Off
- Thread starter smokin'joe
- Start date
smokin'joe
Just Smokin' the Blues...
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Matter of time before some of us see wage/bennie reductions
highspeeds
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They have already destroyed the health care/benefits. If they want to cut the wages they might as well lock the gates. There is a lot of work to be had right now. And once they start bringing
freight back in the harbors. OMG. This tsunami won’t stop until next summer.
When your 'metrics' mean more to you than actually moving freight then your credibility in the industry takes a hit. When that happens, in times like we are in right now, the markets, and the companies that support those markets, turn towards the companies that are credible within our industry. We move freight, but we are far from credible or even reliable.
Spot on !
almost13ranch
Abitiose sed ineptum
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One thing to keep in mind about all of these freight companies is this. They are in business for the shareholders, they just happen to move other people’s boxes for revenue.
New email today:
Team,
On January 15, we announced that we’d consider the sale or spin-off of four of our five business units. This morning, we announced that we terminated the strategic alternative processes, in light of market conditions. We have five strong businesses, and I’m confident that we’ll continue to do great things as one XPO.
I very much appreciate how focused you’ve been in serving our customers and taking care of each other amid the spread of COVID-19.
Stay healthy!
Sincerely,
Brad
Team,
On January 15, we announced that we’d consider the sale or spin-off of four of our five business units. This morning, we announced that we terminated the strategic alternative processes, in light of market conditions. We have five strong businesses, and I’m confident that we’ll continue to do great things as one XPO.
I very much appreciate how focused you’ve been in serving our customers and taking care of each other amid the spread of COVID-19.
Stay healthy!
Sincerely,
Brad
New email today:
Team,
From my bunker everything looks great !
On January 15, we announced that we’d consider the sale or spin-off of four of our five business units. This morning, we announced that we terminated the strategic alternative processes, in light of market conditions. We have five kinda strong businesses, and I’m confident that we’ll continue to do great things as one XPO. I have seen the reaction from Wall Street and decided this my best bet to increase my personal wealth.
I very much appreciate how focused you’ve been in serving in this dangerous crisis.
Brad
Suckers!
Team,
From my bunker everything looks great !
On January 15, we announced that we’d consider the sale or spin-off of four of our five business units. This morning, we announced that we terminated the strategic alternative processes, in light of market conditions. We have five kinda strong businesses, and I’m confident that we’ll continue to do great things as one XPO. I have seen the reaction from Wall Street and decided this my best bet to increase my personal wealth.
I very much appreciate how focused you’ve been in serving in this dangerous crisis.
Brad
Suckers!
highspeeds
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Hey everybody,
You all know I frakked up. Wall Street knows I frakked up. I know I frakked up.
Good luck surviving the virus. I will be in New Zealand. Properly sheltered for a year or so.
Peace ! OUT !
highspeeds
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$40.69 a share. Just saying.
At on point is in the upper 30’s
ScotchNeat
TB Veteran
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Employee company stock buy program here I come!
Too soon. Like the late Tom Petty said , "we're free falling!!!"
There are better stocks to buy than Xpo at this point. Xpo is very volatile even in its sector of stocks. Yes this is a good time to buy in but be prudent. Xpo would not be top of my list
highspeeds
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Not a financial adviser. But that might be a really bad idea. I would invest in a lot of places before I spent my own money on XPO stock. You think this company will even survive the virus/economic crisis ? There are some clear winners. Do you feel XPO is one of them ?
ScotchNeat
TB Veteran
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Ha! Guys, I was kidding about buying XPO stock! I wouldn't go near it even in good times, if for no other reason just because I don't like the people who are running it.
fellowdreamernomore
TB Lurker
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If for some unknown reason someone wants to buy the stock, they should do it through a broker like Schwab or Fidelity. Then you can buy the stock at the price YOU WANT to pay and sell it WHEN YOU WANT. The company buy is set on a day the company decides and you pay what the selling price is on that day less 5%, and there is a restriction on selling it for 90 days. It is not a good deal.
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This is a very good point.
Fly-by-night
Only when you care to send the very best
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Yup the 5% discount isn't worth the 90day restriction