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I guess they didn't want to go over board and buy to much ??
in hopes of keeping my avg in below 3.00 bucks think I should wait till eod to add ??
NICE !!
at this rate might as well buy some more. peace out, GO FNMA !!
is that what's driving this down below the 4's. peace out
isn't there some big breaking news july 11th .?? peace out. GO FNMA!
Yes and that's the Big " IF " but seriously what are we waiting for on this release from C-ship ???? peace out. GO FNMA>>
any idea when the government is going to get off its a** and release this from C-ship. or is it worried that to many "poor people" are not going to be so poor any more. because in this corp. of a country it's all about deserves. peace out. GO FNMA>
That may be, but he plays the penny's and it's all about the P-D. once FnF is released from C-ship he will move on .
Imo all or most of the PnD people all gone and just the longs or hanging out waitting for the pay off
No worries here. Peace out.
good deal. then we can enjoy really nice gain's GO FNMA
that's nice whats the word on this thing getting released from c-ship.
whats the (QB) ?
" Lets get it on " GO FNMA.
I would totaly agree with you , you can't ask for help from the IBT if you don't need it. which yellow does need it. after they re-due a few loans. this pos will be up over 50 bucks jmho. but that will be sometime next summer. till then.. just dont look if you don't have the stomach.LOL. peace out.
MAC D is moving up . PSAR has finally moved below candles. time to climb. jmo. peace out.
I'm liking the sound of that...glta, peace out
Yep. The new cheapies are going to be in 20 - 30 dollar range. Jmho. Peace out.
I may be wrong but some how I have a feeling that the big drop was to shake out those shares that where bought at the 6 dollar range. Which looking at the big seeling volume may have worked. Now yellow can make more money on the buying of shares in the 20 - 30 dollar range. Just sayin. Imo.
it may or may not mean anyhting here. but...abf$ is getting a strong buy with a target of 46 buck's. based on Q2 which really wasn't that much better than yellow. imo looking for this to hit the roof..
As soon as I finish my bottle of jack daniels I'll get back with ya. Peace out.
So is that your take on fnf ? This is all part of the violent shake. So hold your core. ???
i would agree with you on that GB, it was a good quarter. alot of reinvesting in yrc which would bring profits down or take money off the books and put it in equipment. bottom line yrc made money and will continue to make money......
No big deal. Yellow is not going anywhere. Yeah a little upsetting watching it drop. Pay off is still ahead. Picked up more cheapies. Stayin long. Peace out.
Agreed. Small set back for huge huge gains. Glty. Peace out.
Got a feeling the investment's that the ceo made with profit's will push this up to new level's. Today was just a "blood in the street" sale off. Stayin long. Added more today. Jmo. Peace out.
i believe what he refuring to is a release from C-ship. although i could be wrong.
" a reformed system must have a limited government role, encourage a return of private capital and put risk and rewards associated with mortgage lending in the hands of private actors. not the taxpayers" bloomberg.
i would totaly agree with that. there was a good bit of buying after hour's yesterday, and the buy volume is heavier today so far. peace out.
What Q2 Means For YRC Worldwide
Jul 16 2013, 11:45 | 26 commentsby: Lorenzo De Plano | about: YRCW (YRC Worldwide, Inc.), includes: JBHT Disclosure: I am long YRCW. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. (More...)
A few months ago I wrote an article on YRC Worldwide's (YRCW) future as a company. Since then, the stock has more than tripled and gained a large amount of momentum with multiple upgrades by various banks as well as had interesting positions taken up by large funds. With earnings around the corner, I wanted to update individuals on what has happened to YRC Worldwide in recent weeks and clarify why it has garnered so much momentum as well as take a look at some aspects of the company, industry, and stock that have gone unnoticed amid recent unexplained volatility.
Careful Who You Listen To
In Recent days, it is evident that the short interest on YRCW has grown dramatically. With earnings around the corner on July 29, this once neglected position is gaining volume. With its growing volume and volatility a number of false rumors have spurred through the financial ecosystem. Many of these rumors, which range from claims of immediate share dilutions to individuals claiming they've seen YRCW's profits ahead of time, have been rooted in completely false facts and have been derived from comments and financial message boards. Interestingly enough, these rumors, in unison with technical short selling and the liquidation of positions, have resulted in the stock price contracting significantly in the last two trading sessions. That being said, it could potentially be a good buying opportunity for interested investors. However, the question everyone is wondering is what the future of the company will turn out to be in the short term, especially with regards to its second-quarter earnings. The following paragraphs will shed light on the following quarter and discuss the direction it is likely to go in.
Q2 Earnings For YRC Worldwide
As I did in my last report on YRC Worldwide I have examined the ATA (American Trucking Association) tonnage index to get a better idea of how YRC Worldwide will perform in the next quarter. Interestingly enough, both April and May have had the highest growth in year-over-year gain since December of 2011. In the overall month of April the trucking tonnage index was 4.3% higher than last year and in the month of May it jumped a shocking 6.7%. This drastic rise in the amount of matter shipped nationwide will reflect well on various trucking companies across the board. The ATA Chief Economist Bob Costello even stated,
"While we heard good reports regarding Freight levels during May, I have to admit I am a little surprised at the large gain in tonnage... After bouncing around in a fairly tight band during the previous three months, tonnage skyrocketed in May."
The ATA compiles its monthly index by surveying its carrier members on the amount of tonnage they've hauled within each month of the year. Subsequently this increase in the tonnage index could easily push YRC's overall revenue up in its Q2 earnings report. As a testament to this notion are the recent earnings released by the trucking company, J.B. Hunt Transport Services, Inc. (JBHT), which posted its earnings on the 16th and had a 10.2% growth in year-over-year revenue in its second-quarter earnings. If YRC Worldwide releases even a "decent" revenue increase it will easily soar into the mid $40s and higher and if it were to get numbers anywhere near those produced by JBHT (such as a 10% revenue increase) then the company is likely to grow anywhere between 50-125%.
What This Means For Shareholders and Risk/Benefit Analysis
From a logical standpoint individuals with Calls/Puts and or Short positions in YRC Worldwide should beware in the coming weeks when utilizing technicals to cast short-term positions. The reasoning for this is the high and inexplicable volatility as well as the risk of increased major buy-ins by heavyweight bulls such as billionaire Marc Lasry's Avenue Capital, which just converted shares at a 34$ price target and other billion dollar hedge funds who already have long positions such as Prescott Group Capital Management, Jim Simons's Renaissance Technologies, Jeffrey Altman's Owl Creek Asset Management, and finally the Carlyle Group.
Many of these Funds are in YRC Worldwide for the long term and regardless of the next quarter's performance many of them do not intend to shed their positions. With that in mind, i forecast that the potential downside of bad earnings to be anywhere from 25-55% and the potential upside of positive earnings to be anywhere from a 50-125% increase in share value. Because of the volatile nature of such a position a recomended and strategic maneuver upon and or directly preceding the next earnings would be to buy august calls at around 20$, 25$, 30$ and 35$ strike prices due to the stock's overtly volatile nature.
Conclusion
It is apparent to anyone in private equity that YRC Worldwide is going through a considerable turnaround. The company's dedicated CEO James Welsh, raised confidence levels at the Wolfe Conference and outlined an ambitious future for the company in the years ahead. In addition, the company has already received considerable upgrades to outperforms and Buys by various financial organizations such as Zacks, UBS AG, BB&T Corp, Standpoint Research, etc. The majority of these upgrades recommend the stock for long-term positions, which can only be seen as reassuring. Ultimately, YRCW's Q2 revenues, should have the "winds at its back" being as it may that the overall tonnage index has grown so dramatically in recent months. All that being said, unless the trucking tonnage index has dropped dramatically in one of its consistently successful months (June) an increase in YRCW's Q2 revenues seems to be a very likely scenario.
MM's trying to shake weak hand's so they can buy up more. imo.
volume is up..covering going on. going to need to strap in for the ride up!!
believe that MM's pushing this down for bigger profits after ER. which will be UP imo. if ER's where going to be down,then we would be going up now so they could short it. JMO.
YRCW YRC WORLDWIDE BUY Last Pattern: BULLISH DOJI STAR Last Close:
31.4700 Change:
+1.8700 Percent change
+6.32% 6 mo. Rating 5? $100? 560.24 12 mo. Rating 5? $100? 741.37 24 mo. Rating 5? $100? 7,937.18 Signal Update Our system’s recommendation today is to BUY. The BULLISH DOJI STAR pattern finally received a confirmation because the prices crossed the confirmation level which was at 29.9800, and our valid average buying price stands now at 30.0299. The previous SELL recommendation was issued on 7/15/2013, 11 days ago, when the stock price was 33.4750. Since then YRCW has fallen by -10.29%.Market Outlook Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
not real sure that you have a clue..but, what ever...don't need to explain. peace out.
You got that right!! that was taken by my XO.
Your Welcome. thank you. GLTY and GO FNMA>>>
VF-151 USS Midway. Yokosuka,Japan. NAS Atsugi, Japan.
no way! i was an AO2 f-4s