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YRC Worldwide Inc. Message Board

  • visionaire999 visionaire999 Mar 5, 2010 8:25 PM Flag

    Nasdaq Delisting = NON EVENT

    First off the stock won't gte delisted, because they are doing a reverse split that will bring the stock back up over the mark. The Nasdaq notice is a non-event.

    Secondly, the newly issued shares is old news. Nothing has changed and nothing is different.

    The stock is not going back to $50, but considering bankruptcy is off the table, the economy is improving quickly, and revenues will turn a corner within 2 quarters, YRCW should valued at more than $450m.

    So for those who want to know where it opens Monday: Between .45 and 47 cents. (Considering nothing has changed)

    If you are looking to get rich, it won't happen here. But, if you are willing to hold and wait, much better days ahead.

    Bottom line, credit agencies don't raise your ratings if bankruptcy was within vision.

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17.79-0.44(-2.41%)Mar 30 4:00 PMEDT