Guys I'am honeslty trying to help all you guys that are long in here and see this company as a miraculous turn around story.
Theres a reason why this stock is at these levels.
The technicals drove this stock higher the past few days. I entered at 11 cents and exited at.4199. I said this all along look at all my previous post.
I continously told let everyone know this stock was going to stop at 42 cents which is the upper bollinger band and price movemment top.
It clearly passed the emda last friday and was a for sure hit to 43 on its next leg up.
NOTHING goes down in a straight line especially when market makers drive it down so hard to get a good pop.
This stock will hit mid twenties and make a nice little bounce before it test the 10 cent range again.
This stock is 80 percent shorted. This was bound to happen guys... This market is based on computers and technicals.
I highly suggest you exit tomorrow - short it down to the mid 20's play the upside again probably in one day and short it back down to 5 cents then play it long again...
This is not brain science. We are ALL in here to MAKE money not dream about a cinderella story on a company thats about to liquidate all its assets....
good luck ive been saying this all along. The avg person in here are rookies as i once was and got burned pretty badly.. so i know how you guys feel take this as a lesson learned and learn your charts. Stockcharts.com is an excellent site to draw up your charts...
Pretty much that's it in a nutshell.
Yes its a buy and a long.
Real long not the end of the month paycheck.
If it gets good reports load up and sit on it for five years.
Day traders will leave after miscaculating ( most of you not all) when this thing hits 5 bucks it will be to expensive to "LOAD UP".
Loading at 5 and above could wipe you out.
Spin the wheel!
You and I were close on this one. I got in a 0.12 and out at 0.43 yesterday so you got in a cent lower and I got out a cent higher but the gains I had to take pullback or not and my 30 years experience was telling me at 100% to take gains and move on but I held to almost 400% and got out. I think most experienced investors got out Friday and yesterday. More cautionary got out on Friday.
It might to to a buck from here but I think it goes by down by half at least and then time to long again. I will not short it because I do not short stocks in this price range but will get long again soon. I see another long ready to double or more so getting on that train and I am on vacation now when stocks are what I do for a living lol I am addicted to stocks and here I am putting orders in on my summer vacation and after 30 years.
To make things really crazy I met the man of my dreams on my Holiday and he proposed to me over the weekend and when we get home are to be married in December this year. He is late 50s so he is older than I am because I am early 50s lol He is into stocks too because he is a Broker while I have just been an investor for 30 years.
The cyclonic interactive chart reads a uptick in the negative downward momentum of the pps Q2 2010...the positive carry over from the negative component in the middle makes all the difference...charts thay are kind of like one of the boards where everyone puts their hands on a teardrop shaped thing and talks to a dead guy...anyone can create a chart for the short term...
Elliot Wave theory comes through again on the 15 min. 3 Humps a Pump then DUMP. Dont bother with technical analysis here as most posters here probably do not know what you are talking about.
the company WILL recover in tandem with the economy.It's NOT all it's own fault, but a victim of a severe economic crisis. As transport thrives once again,so will YRCW. It's really not that complicated if you just use a bit of common sense here.