If Ken acted on what he said would happen... He made some serious $$$$$. That is smart money! With that being said... YRCW might be a buy here (Atleast for a trade). The key is change your sentiment when the facts change. Don't expect a squeeze if the bond bullies have tons of shares sitting out there.
picker, ken works for a competitor of YRC. He would have made money had he followed his own advice. But he didn't. He's here for some other weird reason besides money. LOL. I know, I know, truckers....what are you going to do.
Bullish Events in the near future: 1) Mar-17: Some postive news from a possible new board 2) Analysts upgrades or better news for the Industry 3) Break the 0.62 low set a month ago and break the 0.80 (50 day MA)
Bearish: 1) Bond holders flooding the market with millons of shares 2) Further dilution 3) Bad economic news