Most members cast a favorable view on YRCW. And mgmt. recently issued positive comments for the upcoming qtr. review. YRCW reminds me of SIRI back early last year. I loaded up on SIRI and it has paid off. YRCW could do the same. No more layoffs for YRCW and they have increased cash on hand. This is certainly a "speculative" investment but ALL are. YRCW could certainly reward those patient, risk adverse investors.
All the NEGATIVE news is baked into the stock. Relative strength, etc. is known to ALL investors and speculators. There's nothing left NEGATIVE except if YRCW releases some really negative new news and goes bankrupt. You have only $ .22 or so left to the downside. I just don't see the point in shorting here. Too much potential NOW for YRCW to accelerate to the upside.
I was very negative on this stock a week ago. Then mgmt. releases a positive outlook. I quickly reversed my stance, bought some shares and will hold for the indefinite future. A 'risky' investment but I have learned even the most 'blue chip' investments can turn out to be risky. This seems to be a good one to take a position now!