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Here's a little info on the reverse split. I'm not a basher. In fact, I lost 7k today because I'm holding on and know it's a good company. My husband was a mgr at Roadway for 26 years. (Yah, he got a young chick! LOL!) Roadway doesn't have great retirement benefits but it's better than nothing. I have a lot more to loose than a little bit of change on stock if this ship sinks. That's why I wish4luck!
http://www.nasdaq.com/aspx/company-news-story.aspx?storyid=201006141248dowjonesdjonline000256%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20%20&title=yrc-worldwide-ceo-reverse-stock-split-may-not-
http://www.reuters.com/article/idUSN2512220820100525
http://investors.yrcw.com/releasedetail.cfm?releaseid=449851
http://kansascity.bizjournals.com/kansascity/stories/2010/02/15/daily23.html
That's not a prediction. It's a fact. Just do an internet seach. You'll find plenty.
I thought the same thing. It's obviously people that are either a lot dumber than me or a lot smarter than me. Only time will tell.
Ahhh, yes. Found it. Thanks!
This is what I use for L2
http://www.level2stockquotes.com/level-ii-quotes.html
Did anyone else listed to the cc? I got knocked off for some reason.
You're right, but I'm still bummed. Everyone knows I like the fireworks!
What goes down must go up!
I thought it would at least dance around .45 . Really bummed!
Yah! He's REALLY mad, isn't he!!?? I'm glad to be on the up side!
Mine was extended hrs and went through fine.
I hope so! I just loaded on 25k more.
Any guess what time? Maybe we should call Bill up and ask him.
GM from Texas. It's gonna be a loooong 2 hours. Wish I could have slept longer.
Hasn't that always been the expectation? That's good news compared to the past.
Yeah, it has been a fun ride, hasn't it?
Since he only has 3,000 shares, it sounds like he's holding off 'til after earnings. Not necessarily a bad move when you don't have 25k to be able to move in and out.
There's always risk. Expecting good news but YRCW would already be through the roof if we knew for sure.
I bought another 20k at .41 .
LOL! I actually dozed off. Can't believe it!! Now I'm awake and waiting for action.
Thanks. So there's no way for "little guys" to put in an order for fractions on YRCW? Another big disadvantage.
My question is where can you put in an order for a fraction of a cent? eTrade will not allow fractions for YRCW but will for some other penny stocks. Does anyone know what's going on without me having to call them?
I'm pretty sure you can enter A/H on eTrade. I checked it out once but didn't actually put in an order. The commission was something like $170 on it.
Looks like a lower opening. So let's have an early sell-off and get it over with so we can shoot back up!
Good link. Thanks!
I can see both sides here. The trend does seem to be following the charts, but we have all learned that anything can happen with YRCW. IMO it definitely will not go pink. With a reverse split of up to 25 already approved I just can't see it. I'm a new trader but know that the talk within the company is very upbeat. It hasn't always been that way. Thanks for all of your posts. GLTA!
Thanks. I paid more attention after your post. I see what you mean now.
Will Friday be a big sell-off in anticipation of earnings or more likely a big grab? Opinion?
I can't make any sense out of charts with this stock. It doesn't seem to follow them. I knew today would be a bad day. I just didn't expect it to end this far down.
Hammer, I'm glad to hear you added. Red is no longer my favorite color, but I'm hangin' on.
Thanks for the guidance and support! I've had a hard time looking at the big picture. I know YRCW is going to be a rocket, but have a hard time getting past the dips. When it got down in the tens I was just begging for my $$ back. I took some profit here and there when it came back up. Now I'm planning to hang on to what I have and just blinders on until after the 3rd. Still wish4luck!
I'm new at this and learning the hard way....lots of mistakes. I spend a lot of time walking around saying, "Stupid! Stupid!" And I have distractions that make it even harder. I'm a girl....well, not exactly....I'm a mom! And the reason I was away when the drop first started was because I was taking my 13 year old to a friend's house. Hubbie is a retired Roadway mgr so I need YRCW to keep going. Thanks for your posts, Hammer! It helps a lot!
I was away for about 30 minutes. Came back just in time to see the drop going on so I jumped in for more.
It just felt like the 4th of July. I wanted a GRAND finale. Very, very happy with week's end. Looking forward to more. GLTA!
Such a big week to be ending with a fizzle. I'd like to see another just like it next week!
Have a good weekend! I was on vacation until last night. Had 32k in at one point. Put in my orders in the a.m. and held my breath. Didn't get any buys, but sold half at .28 yesterday. Letting the other half ride for a while. I probably came out ahead by not being able to watch.
Hard lesson to learn! I'm finally catching on. I lost out of $8k last week with YRCWs uptick.
When you're not sure you should try for half and half. Sell half and keep half.
LOL!
I have seen the trade for 3 sets of 1,400 quite a few times over the last few days. Anyone have any idea why someone would be in 3 trades for same # & same price?