FDX earning manipulation?

Discussion in 'Stocks' started by gobar, Dec 17, 2009.

  1. gobar


    On Dec 8th Fedex came and guided higher. Stock rallied 3 pts.

    yesterday made ytd high around 92.50 while hitting the resistance line.

    now 10 days later they are guiding lower for the current quarter?

    how come company after 10 days suddenly changed their guidance.

    I bought bunch of puts yesterday around 92.00 and sold @ the end of the day for some profit.

    now its down another 5 bucks.

  2. Tide31


    different quarters.
  3. There's no such thing as manipulation if it gets your stock to go higher.

    Goldman Sachs left out an entire month in their Q1 report this year. No one cared b/c it was a billion dollar loss.

    Losses get skipped over or stuck onto the taxpayers bill.

    Profits get media hype and massive privatized bonuses.