YRC Worldwide Inc (YRCW)

[TonyJoe1957]

Yup.

[MasterBlastr]

$15 by next year.

[TonyJoe1957]

Bought 10K sh and sold 2K $3 calls and 8K $4 calls.
I hope the former execute early with a call out, so I can keep the premium and not wait.
Stay well, all.

[DCorleone]

They appear to have had More according to ETRADE...

BlackRock Institutional Trust ...
BlackRock Institutional Trust Company, N.A.
2.3 M $3.9 M 8.41 3.18% Low

[MasterBlastr]

Oh really . . . Black Rock Capital buys in, now 2.3% owner.

http://archive.fast-edgar.com/20200710/ASB2K222YC22N2Z2222P22ZZPOSSZ282A222

[DCorleone]

Until YRC fixes their Business Model, appears this is more of a Flip than a Long term Hold.... Even with government money. YRC will be in the same situation sooner than later, and might not have the government to bail them out again. Shareholders will foot the bill next time.

[whytestocks]

News: $YRCW Holland Recognized with 2019 Regional LTL Carrier's Platinum Award by Echo Global Logistics

OVERLAND PARK, Kan., July 09, 2020 (GLOBE NEWSWIRE) -- (NASDAQ: YRCW) Holland has been recognized with the 2019 Regional LTL Carrier’s Platinum Award by Echo Global Logistics. Holland best met Echo Global's quality standards and consistently rose to the highest levels with bo...

Find out more YRCW - Holland Recognized with 2019 Regional LTL Carrier's Platinum Award by Echo Global Logistics

[idowonder]

I Day trade this, buy at low sell at high make pennies, but 2 - 300 a day or even 500 a week is good if consistent. I only buy 3000 to 5000 shrs at a time.

[Sonata]

The bottom may not be that low this time with the loan. I am a buyer again around $2.00. This stock is like clockwork as long as you are patient...

[idowonder]

another month we may be able to get them at the 1.45 - 1.50 level. A good place to buy in and wait.

[yesmistermorningstar]

Goodday Big !

Happy to see you back on the board ! Allways appreciated your quality insights on the trade and your view.

Any thoughts on the 29,6% equity stake in YRC of fully diluted common shares held in a voting trust ? How will theybe issued ?

Also do you know how the 2.5% interest payments in kind works ? Will the get more shares ?

It also says no principal repayment to be required until both loans mature in 2024. This sounds positive for YRC to deal with any headwinds for the next 4 years and 3 months.

The Treasury Department is prohibited from exercising voting power of any of the shares it owns. The shares will be held in a voting trust and voted in a way that is proportionate with how the company's other shares are voted.

Tranche A will be used to fund “short-term contractual obligations,” including the aforementioned pension and healthcare payments. This tranche carries a rate of LIBOR plus 3.5% with interest payments requiring 1.5% cash and 2% payment in kind. Tranche B allows the company to fund capital expenditures (capex) on tractors and trailers. This tranche will carry the same interest rate but require all cash repayment. No principal repayment appears to be required until both loans mature on September 30, 2024.

YRC will amend existing credit facilities to permit the new loans. The agreement was entered into on June 30.

YRC will issue the Treasury Department shares of common stock, which are expected to represent a 29.6% equity stake in the company. YRC said it is relying on “Nasdaq’s temporary COVID-related exception” to bypass stockholder approval requirements.

[DCorleone]

Unfortunately a Company like YRC that needed this kind of Money to begin with, is still in trouble at the end of the week. New Model that includes Profitability is key.... Time for a change at the top???

PPS boost appears it's going to be short lived.

[JrEwing 21]

God dam it Clay showed up ! This will tank tomorrow!

[ClayTrader]

* * $YRCW Video Chart 07-01-2020 * *

Link to Video - click here to watch the technical chart video

[GuyBig]

Why would the USA invest in YRCW?

YRCW is the 2nd largest less than truckload carrier with the most stable work force in truck transportation. USA government investment can be justified as a matter of USA national security.

Consequent to the UST investment, USA freight costs may decline. YRCW will become the first choice for military vets who drove trucks.

[whytestocks]

News: $YRCW Is The US Government Investing In Penny Stocks? $700M Could Say Yes

Designed To Help Small Businesses, Some Penny Stocks Are Benefiting From The CARES Act The global pandemic that is known as COVID-19 certainly turned the market on its head in 2020. What it also did was point investors’ attention to low priced penny stocks . Of course, we saw this new ...

Find out more YRCW - Is The US Government Investing In Penny Stocks? $700M Could Say Yes

[TonyJoe1957]

Lots of volume.
Folks dumping.
High risk, but high reward.
Do no gamble your grocery money.

[TruckingAngler]

Down to $2.70 already. lot lost buying pre-hours >$4....

[SCRAPPY1]

Oh Boy, could't ask for a better present, GOV. BAILOUT. Lets try now in coming future to Trade like an actual living , breathing trucking company. Future could and Should be VERY BRIGHT. ROLL ON YELLOW!!!!!!!

[JUST 10-11-12]

?

[TonyJoe1957]

This means impossible to fail!
Thanks for posting!

[whytestocks]

News: $YRCW YRC Worldwide Expects To Receive $700 Million CARES Act Loan from U.S. Treasury

OVERLAND PARK, Kan., July 01, 2020 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (NASDAQ: YRCW), the nation’s second largest less-than-truckload (LTL) shipping company, today announced that the United States Department of the Treasury (“UST”) intends to provide a $700 million ...

Got this from YRCW - YRC Worldwide Expects To Receive $700 Million CARES Act Loan from U.S. Treasury

[TruckingAngler]

It’ll be back to $2 when Q2 numbers come out. “In exchange for 29.6% equity stake”... ooofffff

[JrEwing 21]

Truck on brothers !

[JrEwing 21]

Truck on brothers !

[dinogreeves]

YRCW is going to hit 6 dollars today easy with that kind of stake from the US Treasury.

[TruckingAngler]

Wow. All I have to say. Can’t believe they got handed $700m

[TruckingAngler]

At what sub $5 will they reverse split again?
Has to be coming...
IMO?

[Sonata]

Time to buy again....

[DCorleone]

YRCW Retirement Stock... all in

[furface]

We are ready for a long overdue run.

[TruckingAngler]

I think the massive lay off will counter losses and bump their OR down 2pts so they live another 6mo.
IMO

[idowonder]

a little longer and we hit the 1.50's and then reload maybe.

[ClayTrader]

* * $YRCW Video Chart 06-11-2020 * *

Link to Video - click here to watch the technical chart video

[Sonata]

It is all over the place today on high volume. Plus the stock trading was halted at one time. Still digging but having fun and making some money...

[idowonder]

anyone know why the jump?

[idowonder]

Now its time to find area to reload.

[Sonata]

Easy money today...

[idowonder]

Hope you all got some on that drop.

[idowonder]

The way this is dropping we could be at the 1.40 - 1.50 by eod. might be a good buying point there.

[TruckingAngler]

Yes same.

[Sonata]

Already have profits locked in... I only flip this stock and it never fails as long as you are a little patient...Now waiting for the retrace...imho...

[TruckingAngler]

Enjoy.
For the day.
Id sell and claim that win

[Sonata]

Who is laughing now...Over 2 bucks...Great flip stock...imho...

[46A]

SeeYAKbib,

Thanks for the mention about TLSS. I saw this note on Friday, read a bit about TLSS and then bought a bit just after the open today - and it is already nicely green. Thanks! All the best, 46a

[Yak]

You’re very welcome! I was in YRC abut a decade ago when it collapsed. Obviously made it back but yes, TLSS has the potential to change many of our lives. I think I will borrow your verbiage and thank Sharky and Adam too for my sake.

By the way I am all in on a Port Aransas trip! Me and my family were there before the Covid outbreak and came back on the 3/16th for the spring break that never ended!! Beautiful place but the beach had dense fog yuck!!! I hardly could drive in the morning. CANT WAIT TO GO BACK ;)

All the best to you and yours!!

TLSS STRONG

[chonrm]

I just gotta say thanks for the heads up on TLSS, you potentially changed my life!

[Sonata]

Yes...They were better than expected...

[TruckingAngler]

“After good earnings”???? Ha ha ha ha ha ha haha haaaahhaaaaaaa

[Investor2323]

Lol YRCW in alot of trouble.