cole, I wasnt implying that anyone of the 3 were against this company or stock, but you 3 have given numbers that they dont tell us at this place, personally it doesnt look good, and I have a feeling I will be looking for employment in the not to didtant future, now when that day come, I dont know..Ive just seen changes here that I never thought Id see, Ive heard talk highly about production numbers that are nothing to be patting anyone on the back for, and to be honest, I dont dabble in the stock market, granted I will never back my 15% but Id like to make a little something off this stock short term if its feasable..
ou812in91 Im not against this stock or company...and there are a few pennies to be made short term...just like the bondholders are doing now.
There is just not one mathematical reason for them to still be in business...other than begging and the kindness of the lenders..spare change...spare change... shake the cup a little more.... now YRCW has that down....
I'd say it looks pretty good to about .60. I am holding to at least .50 dependng on strength. I just picked up some ctic today as well at .688. That one is looking really strong to at least 0.80 imo
Ok if I were to have a little cash to burn nd thats if, would this be a wiseinvestment for short term possible profits.. and when I say short term I mean short term, maybe a day or two, a week tops?? I know ken, Cole, TA are totally against this stock, but I sure would like to make a little something off this so called company
It's dropping because the Bondholders can only find so many fools/buyers who:
*Refuse to read the 8K's
*Discount the impact of 1B+++ shares on the market
*Don't even believe there are new shares coming...See non-8K readers
*As a result of the previous 3 points don't believe short interest is as high as it is or will become shortly, so they insist on posting about a short squeeze
*See the economy improving so believe it will float all boats
while minimizing the need for execution
*Since the D/E Swap believe the company is now completely debt free
Well, let's see. Maybe because the company hasn't made money in years, has lost nearly half of business, and has massive outstanding debt and pension obligations.
Do you think that might have something to do with it?