Looks like even after the very select couple of buy ratings and pr with many still hold or not back in with a ceiling drop to 230 from 255, UP stock is still falling while other class 1 stocks are climbing back. Getting farther and farther from that 300 price point goal and tens of millions bonus there boss man. Might be time to move along before the board tells you to. That 1 trick cuts pony of yours has been beaten to death long since past.
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I really hope Soroban and Vena both lose their a$$! I haven't seen people quit like this since Vena showed up the first time. When Wall Street got too involved, the service went to sh1t, the government hearings started, and Fritzy lost his job. That was all brought to you by Vena, PSR, and Wall Street. At least Fritz was trying to correct the errors made by Vena's first visit before he lost his job. The bigger issue is that they blamed Fritz entirely only because he was the CEO, but we all know Vena was pulling all of the strings. There was no mention of Vena at any one of those hearings, when there should've been because he's the one that caused all of the dam problems in first place. I don't absolve Vena at all! Vena has EQUAL blame for the current and past problems at the UP. Fritz is the one who paid the price, when all he was trying to do was correct everything from the Vena fire sale in the beginning. If you don't believe that, then one must ask themselves why Vena suddenly disappeared when the hearings started? Vena doesn't have anyone to protect him this time like Fritz was doing before. He'll be the one answering all of the questions WHEN it all hits the fan. I sure hope Vena is ready for that!
Glad somebody else put most of the blame where it belongs, Eric Mandelblatt, co-founder and chief investment officer at Soroban Capital Partners LP. He’s the piece of trash that is responsible for what we are going through right now. Not that I absolve vena of his blame. I wish them what they deserve
Reminds us all of another short little tyrannical runt doesnt it? One w/ a narrow mustache. They both promised one separate group they were gonna make things so much better but just for them. They blamed another innocent group for everything that was supposedly wrong. They both negatively affected everyones lives w/ their ‘leadership’. They both brought about a huge increase in fruitless but long grueling difficult times of work but no matter how hard those who worked labored, things just kept getting worse. Neither never ever apologized for ruining what others before them had collectively built.
Why? He'll just blame the drop on someone or something else like he's always done. Anyone with a just a little common sense could've said that a stock price of is nearly impossible to achieve at the UP. So I say let it drop even more. The more it drops, the more it looks bad for him. Remember Soroban is the one that wanted him there. The more Vena he sc--ws up, the worse it's going to look for Soroban.
Glad I sold all of my StockUP stock. Not interested in investing in a company that is as dishonest, immoral, and narcissistic as UP is anymore.