WHY WOULD ANYONE SHORT A .30 CENT STOCK WITH A TURNAROUND STORY?
It does not make any "cents". YRCW is 94% owned by the bond holders. YRCW avoided bankruptcy. YRCW was at .80 cents in APRIL!!! YRCW will fill the gap to .80 then move to $1.25 if we get decent news. After that YRC goes to $2.00 (a little resistence) and ultimately to $4.00 per share !!!! Yes - Mark this post YRCW will go to $4.00 per share THIS YEAR!!!!
I own 250,000 shares at .194 - and I am not going to trade it. I will hold all the way to $4.00 - only then I will ring the cash register.
It should be where it was right after the dilution at the ABSOLUTE MINIMUM. Considering the numbers look better now then they looked then (new found profit), and the dilution pretty much has not changed, this should be trading at around $1.20.