Forward Air Corporation FWRD
Regular-session close
After hours · Nov 13, 6:00 PM ET
- YTD
- -30.44%
- 1 year
- -18.09%
Discussion (35)
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$FWRD is this an alt-coin? Geez.
$FWRD needs a wayback machine on that merger decision
$FWRD lost 40% of market cap since the merger was announced last week. Tutes loving the pink tickets on this one so far.
$FWRD you guys have no idea what is going on do you. A huge company is advantaging itself in light of the YELL bankruptcy, to GET clients. Dog eat dog. Doing well it sounds like. Raymond James has no idea what is happening on the ground floor. By the time they understand, the opportunity is over.
Huge buy opportunity, IMO. On FWRD near 78$
Profitable company at 11xe Getting a 1.9b$ loan to buy a private 2b$ revenue shipping company in a 15b$ market, in which YELLow freight had 15% market share(2b$ rev), and now bankrupt. YELL customers will pay higher prices, but most likely will go with the more proficient Omni/Forward combo, since it represents the combined vast majority of 26% of shipments in this market. Technically 26 rsi on the daily, at 81. Was 120 after earnings last week. Raymond James had reiterated a buy on it monday at 120. Today downgrades it. 78 on the close friday. Lovely. Scary market. Imo, go with the winner, great valuations. Good value in FWRD imo.
