Reading the writing on the wall (DHL-UPS)

Reply Subscribe

Page 1 of 2

Thread Tools

Search this Thread

01-15-2009, 04:50 PM

31wins

Gets Weekends Off

Thread Starter

Joined APC: Oct 2006

Posts: 138

Reading the writing on the wall (DHL-UPS)

With recent insiders of ATSG buying stock and the announcement of the downsizing of the DC8 fleet at UPS, it looks like the DHL-UPS deal is dead.

ABX top execs buying up stock - Business First of Columbus:

01-15-2009, 05:08 PM

31wins

Gets Weekends Off

Thread Starter

Joined APC: Oct 2006

Posts: 138

prediction

wouldn't be surprised to see Deutsche Post hooking up with Deutsche Bahn and running their sorting through the BAX Toledo hub....

01-15-2009, 05:08 PM

UPSFO4LIFE

Gets Weekends Off

Joined APC: May 2006

Position: DC-8 756/767

Posts: 1,144

Actaully the downsizing of the 8 fleet has nothing to do with the DHL deal. When the original deal failed, and the economy tanked, that sealed the fate of the 8. When the new DHL deal goes through, it will have very little impact on volume or current capacity.

01-15-2009, 05:12 PM

31wins

Gets Weekends Off

Thread Starter

Joined APC: Oct 2006

Posts: 138

Quote:

Originally Posted by UPSFO4LIFE

Really? Did you have lunch with Rick (Barr) or Scott (Davis) the other day, or are you on the BOD?

01-15-2009, 05:19 PM

Lab Rat

Gets Weekends Off

Joined APC: May 2006

Position: Jet Pilot

Posts: 797

Quote:

Originally Posted by 31wins

Assuming the deal is "dead", if one had inside knowledge of this and used that knowledge to purchase ATSG stock, wouldn't that be illegal if it gave the buyers an unfair advantage?

There could be many reasons for the stock purchase, among them being that the price is dirt cheap and they may not have much to lose by purchasing it. ATSG is the parent company of ABX Air, and ATSG also owns (if I'm not mistaken) the airplanes in the BAX Global and Capital Cargo systems. Who knows, there may be something in the works on that side of the fence totally unrelated to DHL.

ATSGINC.COM

01-15-2009, 05:22 PM

31wins

Gets Weekends Off

Thread Starter

Joined APC: Oct 2006

Posts: 138

Yes it would be (SEC Rule 10b-5).

Those kinds of trades happen all the time with impunity though. Only the Martha Stewarts and Mark Cubans of the world get punished.

01-15-2009, 05:27 PM

Lab Rat

Gets Weekends Off

Joined APC: May 2006

Position: Jet Pilot

Posts: 797

Quote:

Originally Posted by 31wins

Yes it would be (SEC Rule 10b-5).

Those kinds of trades happen all the time with impunity though. Only the Martha Stewarts and Mark Cubans of the world get punished.

Unfortunately, very true. It seems like they don't go after someone unless it makes big news.

01-15-2009, 07:07 PM

UPSFO4LIFE

Gets Weekends Off

Joined APC: May 2006

Position: DC-8 756/767

Posts: 1,144

Quote:

Originally Posted by 31wins

Really? Did you have lunch with Rick (Barr) or Scott (Davis) the other day, or are you on the BOD?

Wouldn't you like to know...

01-15-2009, 08:12 PM

JustUnderPar

Gets Weekends Off

Joined APC: Jun 2006

Position: UPS Captain

Posts: 837

Quote:

Originally Posted by 31wins

Yes it would be (SEC Rule 10b-5).

Those kinds of trades happen all the time with impunity though. Only the Martha Stewarts and Mark Cubans of the world get punished.

Board members loading up on penny stocks of companies that they work for is very common. The legalities can be complex of massive purchasing with inside information.

I frequently lose lots of money (at least it is to me) on penny stocks. Sort of know the drill but I am not that good at it. I am writing on here right (and I have to work for a living)

DHL was doing what any business losing money(or saying they are losing money) will do. Cut costs. Looks like they are doing that.

ABX buying stock and UPS/DHL deal dead has nothing to do with one another. IMO.

JUP

01-15-2009, 08:53 PM

#10

⌐ AV8OR WANNABE

Gets Weekends Off

Joined APC: Mar 2006

Posts: 3,333

Quote:

Originally Posted by 31wins

...Those kinds of trades happen all the time with impunity though. Only the Martha Stewarts and Mark Cubans of the world get punished.

Martha got punished? I seriously doubt you or I would get the kind of "retreat-style" prison sentence she got... In my view she should still be in jail but was let out because she was famous and because she was a woman...

Back to the topic... ABX managers must know something or why would they want to risk their own money on a company that's about to lose some 80% of its business?