Even if it is short term, I wonder how many holders there are of the stock now, its only $111 million cap, would that be 500-600 people own 80% of the company now and they just won't sell because there are in that Vegas all or nothing mode at this point (never have understood that mode myself, if i put in a million and im down $800K, I look at like I have $200K at risk)
Any thoughts? Is there a place to find the number of shareholders
the demise of YRCW started with the purchase of USF Corp financed by DBAG (aka the German Bank)...the very people who did not fall for the D/E deal last year...
The revenue from the USF purchase would not support the debt incured at the time...
And then the pricing pressure and a system that could not function as a viable enterprise...
In a low margin business like the LTL industry along with management that could not understand said operations...
The debt and the inability to service said debt has always been the problem along with incompentent management...Aloha
My point exactly TX, I would never invest in an index fund and this is a good example of why.
My question wasn't driven to put anyone down or call them stupid and likewise is wasn't a long diatribe about who has a "fake" acct and who is lying I am just trying to understand the psychology behind it, thats probably why you found it irrelevant.
kateymae isn't a real person
you have proven yourself and admitted to being a liar
you have claimed to be on both sides of YRC
(makes it real hard to establish damages then)
you have posted all sorts of lies under who knows how many accounts
you said your suing YRC and me
which is nonsensical as I pointed out on another thread and further shows you are a liar and idiot
you would have to find false information I posted... which you haven't... just another lie
(you would also have to show it was material and deliberate)
on the other hand you have intentionally lied to influence the stock price
and admitted here to pumping the stock with lies
just hysterical your lawsuit threat
just another Clown flea
of course... all the fleas are the same person
"they just won't sell because there are in that Vegas all or nothing mode at this point (never have understood that mode myself, if i put in a million and im down $800K, I look at like I have $200K at risk)"
And how often do you put a million dollars in a stock Pat? I need to introduce you to Katey.
so there are 126 institutional investors owning 23% of stock - noticed Zollars has all of $100K tied up in his own company, that's reassuring.
so if institutions only hold an average of $200K in stock then there must be like 10,000 shareholders left in this thing. Just suprised people aren't selling this down to a $1. Deal is supposed to be announced in next 4 days right