YRC Worldwide Inc. Message Board
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All this scary talk and YRCW is NOT falling.
In fact, it's holding above $4 well. Looking at how DRYS more than doubled in last few weeks on few reworked deals and new contracts.
I can see that coming with YRCW as well.-
Such a smart shorts...show me your profit. Lol.
- 2 Replies to zencowboe
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Unlike you....I'm not going to post about what I can't prove. It's pointless.
But what I have been able to prove over the last 2 years is that this management group has absolutely no clue how to run a trucking business.
I've been ripping them since the stock was in the 40's. -
All they'd have to do is lie about their basis - like you do.
Let's see how the stock price looks after the close on April 24.
The Q&A portion of the YRCW conference call that day will no doubt be entertaining.
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zen,
I hope you make a lot of money. I really do it just won't be here.
There is no easy fix for the problems that plague this corporation. I have highlighted several of them for you but apparently the logic hasn't sunk in.
You can't sell company owned assets, add costs in the form of leases, pay millions in bank fees, record massive operating losses, drop your pricing, shrink and reorganize your network and suffer through a massive economic downturn and come out as a company with more value than you have today.
In the meantime, your customers get to listen to every sales rep in the country tell them over and over about how financially unstable you are.
Guess what that does? Makes you more financially unstable.
With all that going on you pick one day to claim the stock will go up because it is "holding" $4.
I don't think so. Give more more reason to believe. Where is the analysis?? Have you ever walked a dock of a trucking terminal? Have you ever made a sales call?
If they survive, it might be a year before they can even turn a profit and you have the stock going to $10.
Convince me....- 2 Replies to truckinganalyst66
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“…….You can't sell company owned assets, add costs in the form of leases, pay millions in bank fees, record massive operating losses, drop your pricing, shrink and reorganize your network and suffer through a massive economic downturn and come out as a company with more value than you have today…….”
Zencowboe must have realized that Truckinganalysts66 was correct because he does not post on YRCW anymore. -
See TA this is like being a Special ed teacher or talking to a person with Alzheimers.
You can be 100% right, talk yourself blue in the face and they just aint gonna get it!
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What are you basing this miraculous "hold" on ?????
Will not report 1st Q until last week of April....
Remember what BZ said himself "Hope is NOT a strategy"- 1 Reply to ujsejsw
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I'm glad to see many shorts because that creates buying opportunity. I've already made 200% to 300% on bank stocks in a similar situation just in the past 4 weeks.
I've more than doubled in DRYS when similar short posters gave me that opportunity.
If DRYS ends-up as 100% loss, that's the risk I'm taking for 300% to 1000% upside.
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My average is below $3 so I've got a lot of room. You'll see. YRCW will be over $10, perhaps over $20 by end of this year. I'll be in/out at times but generally target to ride this thing.
It's only 2% of my entire IRA portfolio and well worth the risk.- 1 Reply to zencowboe
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Why wouldn't you play one of YRC's competitors who would benefit from their failure? They have a far higher probability of doubling in the next year without the downside risk associated with YRC. IMO YRC has zero ability to restructure debt like DRYS, they're down to selling real estate and equipment as a last resort, stock options are already pledged to the Teamsters/Employees so issuing new shares won't happen, any dilution once these shares are excercised is not baked into the current share price yet and there's way too much domestic capacity chasing too few shipments. Good luck to you.
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