£$*@%&#!
Stock market! Things better turn around with these fuel cost extremes or I’m in some trouble with this.
This is really, really upsetting! I should just hoard cash in the wall and under the mattress like old people.
Comments:
(This comment was deleted.)
I don't know shit about the stock market.
But I know something about unions and their contracts.
UPS just signed another fine national labor contract…a five year deal, I believe, so the labor costs are fixed for the foreseeable future. Ain’t no one at UPS gonna be able to hack into driver wages and benefits to offset fuel costs.
And though UPS can buy large allocations of fuel, they can’t buy them big enough or fast enough to offset the rising costs.
Might those things not mean their profit margin is going to take it in the ass? And since it doesn’t seem likely that fuel costs are coming down significantly any time soon, maybe your idea of getting out with what you can is a good one.
On the other hand, what the fuck do I know about any of this?
You're right
I think, in each area.
But…getting out now…too little too late. I think I’m just gonna wait for the pendulum to swing the other way, whenever that will be. The market is definitely cyclical and it will reach the value of what I’m looking for eventually.
That's probably wise, SC.
Besides, UPS ain’t goin’ anywhere any time soon, so sitting with it seems, now that you mention it, a good thing to do.
~ John Lee ~ Spring Forth In New Opportunities
I Love Brown
remember things are cyclical … this a period of major adjustment and one never can predict how things are going to be on the other side, much of the value of UPS stockis based on the knee jerk reaction of traders who shun anything that has fuel as a major component of its business …
based on service, I can tell you that despite that cute FedEx Home Delivery Dog Logo, Brown is the way to go … the service both on my end as a shipper, and on the customers end is superior to FedEx
Certainly from my end
I know that UPS puts enormous pressure on us to service the customer. No question about that. As a customer you’d be pleased to see just how much so behind the scenes.
Stock-wise…yes, it is cyclical and I’ll just have to wait a period while it rebounds. I was just hoping to pull my investment sooner rather than later.
