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I don’t think so.
To me it comes off as a plan to increase profitability.
Vs
Amazon shit canned us and we need to come up with a plan to replace this revenue.
Stock Market/Investing/Day Trading/Speculative Trading Thread
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Stock Market/Investing/Day Trading/Speculative Trading Thread
To me it comes off as a plan to increase profitability.
Vs
Amazon shit canned us and we need to come up with a plan to replace this revenue.
BingoDingo
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I meant from an investment perspective...trading volume for margins is typically a pretty big sign...and trading that much volume seems rough.
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I don’t know how the market will react, but to paraphrase Buffett, the goal should be to maximize return on capital, not just growth for the sake of growth.
BingoDingo
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Market reacted by chopping 20%+...and I agree, as long as you can replace the revenue, ha.
Toe
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FedEx did the same thing years ago, and also said the same thing. But I mean if you think about it from Amazon's side, Amazon has done more and more of their own shipping & logistics over the years, so they probably don't have as much need for the other guys to handle it. The number of delivery routes where it makes sense for Amazon to rely on a third party shipper is likely dwindling.
BingoDingo
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I'll chime is as someone with some background in LTL transportation: One of my favorite quotes on the matter came from my former RVP of Sales (Pat Welker, may he RIP) at a regional meeting announcing our new "Profit Improvement Program", where Pat astutely opined the following:
"Gentlemen, we've been in the trucking business since 1956. We don't need any more PRACTICE hauling freight. We're here to make money."
Game. Set. Match.
I applaud UPS' decision WRT walking away from unprofitable business. The ONLY way that ever makes sense is to put some revenue - heck, ANY revenue - on a backhaul lane where you'd otherwise be running empties just to move equipment into place to support your headhaul lanes. The people who have this down to a science are the airlines. Their pricing models are elite.
"Gentlemen, we've been in the trucking business since 1956. We don't need any more PRACTICE hauling freight. We're here to make money."
Game. Set. Match.
I applaud UPS' decision WRT walking away from unprofitable business. The ONLY way that ever makes sense is to put some revenue - heck, ANY revenue - on a backhaul lane where you'd otherwise be running empties just to move equipment into place to support your headhaul lanes. The people who have this down to a science are the airlines. Their pricing models are elite.
BingoDingo
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Big time. Jet fuel demands capital discipline (and can't melt steel beams)...
Toe
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But then they still dump their money into stock buybacks and need a bailout when there's a recession...
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BingoDingo
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Seems like a win/win!
BingoDingo
Absolute Idiot
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What the hell, lmao
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I was gonna buy Axon stock when it was around $67 a share, just checked todays price and its trading at 672 give or take. Missed pulling the trigger on that one.
BingoDingo
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Ooof. To be fair, no one saw their surge coming...not even them lol.
BingoDingo
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Do we even get this?
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The Motley Fool did. They called them out a few years ago. I also failed to invest.
BingoDingo
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They called a 10x surge in 5 years? Hopefully the analyst used that to GTFO of Motley Fool, lol...
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No, just a "monthly recommendation" multiple times over the last several months. I spend a whopping $200/year with them to subscribe to their "Stock Advisor" service. It's pocket change and candidly they've pulled obscure companies that I never would have heard of or considered investing in w/o their service. Shopify springs to mind as an easy example. That one was crazy good for Casa de LHR.
Toe
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When you elect the other guy as president because you're pissed about prices and then belatedly realize that slapping tariffs on everything sure as hell ain't gonna bring prices down...
Inflation fears rise to highest since Nov. 2023 as consumer sentiment hits 7-month low
Inflation fears rise to highest since Nov. 2023 as consumer sentiment hits 7-month low
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Actually got the axon rec from Motley fool lol. Like you said they have some decent small company picks that I then do additional research on. They recommended it around that $67 range to go up to $80ish dollars during plandemic which it did. Did half decent learning about the stock market during that time and buying stocks and not just some portfolio etf. Haven’t done much since then, wish I had more time.
