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They have to do one before Dec. 31st
Everyone needs to spread the news about this company, this is a great opportunity. The more people knowing about the company is better for all of us.
If we don't see any SEC filings of Owl Creek or Catalyst dumping, get ready to buy as much as you can at these prices because that is going to let us know that they are done dumping.
The big pop is going to happen, but like I said it will be unexpected. We have a lot of time before the R/S.
Catalyst sold 1.4mil on Friday. That explains the big drop, along with day shorts dumping because they were freaked out.
Someone is still buying all these shares the funds are dumping.
So far either Catalyst or Owl Creek have been selling everyday since the end of September. They received these shares in return of some debt and a extension on debt. They are not going to dump all of their shares at these prices, they are going to let it pop eventually before the R/S. No one really knows what will happen, but if you ask me, this is going to pop before the R/S occurs, the only reason it hasn't is because of the funds dumping, but it is going to happen. The best way to find out what's going on is to get information from these funds, which isn't possible unless you know them personally.
This would have been at at least .25 if the funds weren't dumping.
Catalyst: 59,564,677
Owl Creek: 49,341,576
Those are the correct number of shares the funds have remaining.
They only lost money because of the fees from the restructure and giving equity to Teamsters, or else they would have made a profit. I think you are wrong if you believe this company isn't headed the right way.
I'm not a pumper, but I know this stock is going to pop, well before the R/S. The only reason it hasn't popped yet is because Owl Creek and Catalyst have been dumping their shares. They dumped A LOT last week, if they didn't dump this would have been easily at .20. Catalyst and Owl Creek is going to stop dumping before the R/S, and then this is going to pop
So according to you, you're saying who would buy before the R/S, but you're also claiming that it will go from 10 to 5 to 3 in a month after the R/S? So if you think that, why would you buy after the R/S? This is going to pop before the R/S.
I always said charts won't work on this stock because the funds selling creates a random resistance itself, but now I say that the charts are going to work from now on out.
It is going to reach .20 at the minimum before the R/S.
This is going to pop when it's least expected. Remember I said that.
This is going to sky rocket soon and before the R/S.
It is a better buy right now then after the R/S. I can tell you that.
No one knows what will happen between now and the day of the split. But I think I now have an idea why the price was kept at .06 and lower by Owl Creek and Catalyst. It's actually a really below the waist move by them and YRC Worldwide, but it's good for everyone in the long run. I wish I found out what they were doing earlier, so I would have adjusted accordingly, but I'm still in a good position. And if you ask me I think everyone might be in a good position from here on out, but don't take my word. Trust your instincts.
I think finally know why Owl Creek and Catalyst are selling. It's pretty interesting, I'm going to wait and see if it becomes true. I am going to be right. All makes sense now.
I have told you that your day trading charts will not work for this because this stock has funds that are selling and creating resistances. So all day traders should leave this stock, or you will lose eventually. This is going to pop when it's least expected, it is not going to happen on news or any press release, it is going to happen before the R/S. No one should buy or sell by seeing what I said or someone else has said. Trust your own knowledge. If day traders didn't get into this stock during the pre market, we could have been around .055 today.
It is going to happen before the split. I just want all you shorts to leave this stock.
Drop at the end is all of the day traders leaving
I won't be surprised if Owl Creek or Catalyst have sold today. I remember they sold 5mil combined on the day nasdaq granted listing, the stock would have went up to at least .15 that day if hey didn't sell. They are selling because they know someone is buying, whoever that buyer is. And I also believe they are selling to scare the shorts away, they don't want this to jump up to .50, get shorted and end up coming back down. They have it planned out.
Exactly, this company is going to be profitable, look at the big picture. That is why I don't like day traders that are shorts in the stock, they will scare away any good investor. Look what happened today, all the day traders/shorts jumped in during the pre market and once they saw that the stock might go down, they all panicked and started selling, which made the stock price collapse, if we only have believers in this stock, then this is not going to go anywhere but up.
One of the reason Owl Creek might be selling is to keep shorts out. I'm glad some of them lost their money today, so they can keep away.
Why do you keep bringing up old news? Scared you won't be able to cover before the pop? This is going to pop and you will get no warning.
Upgrades to buy are going to be coming from analysts, once they buy their shares. They are going to pile up at these levels.
Yup, and not to mention that the whole market is down. The plan is to keep the shorts away. It's crazy how they would have posted a profit after 3 years if it wasn't for the restructuring costs, shows big improvements. This company is going to be profitable in the near future.
The stock fell because of day traders, they thought they can buy in the pre market and sell it for a profit during the market hours, It didn't workout like they wanted it to, so they all panicked. I told you guys the more you want to day trade the more it will fall. The volume needs to stay low, this will show all the day traders are gone.
Like I've been saying, the day traders stay out of this stock. This is the reason why Owl Creek and Catalyst are selling, so they can keep the stock at one level, so people can't day trade. It is going to bounce when it wants to, and it is going to be soon.
Buying volume is catching up to the selling, things are going to turn soon.
http://finance.yahoo.com/news/YRC-Worldwide-upgraded-Hold-theflyonthewall-3716296806.html?x=0&.v=1
"Stifel upgraded YRC Worldwide ahead of the expected reverse split at some point in December and recommends selling again post-split."
Stifel knows this will pop before the split
I really hope none of you longs sold, for a loss, into the panic selling by shorts. There was no bad news, the good news was the company actually made profit for the first time in alomst 3 years and the only reason they have a loss is because of restructuring costs. 3 mill profit is good. Imagine what will happen next quarter when there will be no restructuring cost. This is going to pop up big any day it wants to and our buyer keeps buying.
http://www.joc.com/ltl/yrc-worldwide-suffers-120-million-loss
"Absent restructuring charges, it would have had a $3 million operating profit."
They don't change the name before a split, what will be the point of that?
Look at all the buy accumulations.
Today might be good that the price dipped. The buyer has a chance to buy as much as he can, so hopefully he can be done soon, so he can reveal himself.
The market being down doesn't help the stock much either.