Yikes!
Let the impatient investors / traders sell. Let the convertible note holders sell. Within 6 to 9 months this stock will be dramatically higher. Q3 #'s will be reported by then. They could report +$1 eps in q3.
Get ready for it. Just buy and hold your shares for the next two years. Don't listen to the disgruntled investors on this message board
don't listen to the crackpots on this message board. With each quarter that passes, operating income and gross margins get better. YRC will be profitable (net profitable) by Q2 or Q3 and the stock will be in the mid teens by then. Welch is doing an excellent job turning this company around.
You do realize this is from their boiler plate risk section that every company is required to disclose by the SEC right? I suggest you read the risks from the Google 10k when they first went public. Anyone that gets scared off by these will never invest in anything.
I also read the follow and wonder why you didn't mention this:
"We expect that our cash and cash equivalents, operating results and availability under our credit facilities will be sufficient to allow us to comply with the financial covenants in our credit facilities, fund our operations, increase working capital as necessary to support our planned revenue growth and fund capital expenditures for the foreseeable future, including the next twelve months."
Don't listen to these clowns on this board. This is a volatile stock, but the trends in operating income and gross margins are getting stronger. This company is going to post eye popping numbers by Q2 or Q3, their strongest quarters. They nearly broke even last quarter in what is historically a weaker quarter and when they were hit hard by Hurricane Sandy. Be patient and buy this pullback. You will be happy you did.
anyone taking profits on this little rally is not seeing the bigger picture. this company could do eye popping numbers in 2014. i'm talking like $5 eps in 2014 and that is including the shares from the convertibles. just look at how much margins have improved in the past 3 quarters and how well they have pared down costs. add in those proposed network improvements and you're talking a lot of costs out the window.
this is one of the best investments for 2013 and 2014. don't lose sight of the bigger picture.
Clearly not. The pessimism is extreme here. The company is left for dead. But they could do $2 in EPS in Q2 or Q3. Has anyone priced this in?
I agree. The turnaround is gaining strength.
Sentiment: Strong Buy
I would never pump this POS its going to $0 just like the intelligent employees on this board are telling us it will.
Sentiment: Strong Sell
Just another pump and dump for this POS
Yep its just another pump and dump. This thing is so far from being solvent its ridiculous.
Sentiment: Strong Sell
with the market rallying into the close it's really bearish that the stock closed at the lows of the day. It's now down 15% from the highs yesterday. That's not good at all.
Sentiment: Strong Sell
Get ready for a full retracement of this move. What an easy short this was.
$40 is coming by 12/31/2014.
$40 in 2014.
sorry...when Sandy hit.
Not in Q4 and that's what matters. And that was when Katrina hit and when they normally have a slow quarter.
don't listen to disgruntled employees. this will be a 10 bagger or more.
Spot on