InvestorsHub Logo
Followers 4
Posts 179
Boards Moderated 0
Alias Born 08/18/2013

Re: topdowg11 post# 22452

Tuesday, 04/07/2015 1:09:38 PM

Tuesday, April 07, 2015 1:09:38 PM

Post# of 24405
In 2013 and 2014, why did David Ross at Stifel and Scott Group at Wolfe Research email me that YRCW is not appropriate for retail investors?

I believe their opinion was that until the financial restructuring in the Spring of 2014, it was touch and go whether YRCW would remain a going concern.

Also, YRCW has lost more than 50% of its value in less than 10 business days 3 times in the past two years. It's lost more than 25% of its value in less than 5 business days at least a dozen times.

Consequently, stockbrokers soliciting retail investors to buy shares in YRCW are unlikely to be engaging in ordinary, reasonable, and prudent business behavior.