on top of being down 99% plus in pps in last few years,
YRC PPS is down a third from Reverse Split 6 weeks ago... A Third.
the only event on the horizon is a few hundred million dollars worth of dilution...and another quarter worth of operating losses
the BIG news of passing continued concessions(which was supposed to propel yrc to the moon) passed and NOTHING significant on PPS
They can't find an external CEO interested....
and you yo-yos think that YRC is poised to gain big.
no wonder you're a bagholder. you deserve it.
You are correct but news of some type of restructurering is on its way and then new ceo will be announced. They are looking for an external candidate but if all fails then smid will be named new ceo.
Do you mean restructuring or downsizing? YRCW cannot afford to restructure...that would cost money (and they don't have it). They did mention on the last results call that there would be further terminal closures in certain areas...imagine that.
As for a new ceo, it will have to be Smid or one of the cheerleaders on this message board. YRCW cannot attract an outside candidate with any knowledge to take that job. In fact, they're not able to interest even salespeople from other LTL companies. The revolving door is going the other way.