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UP. Shorts were wrong and tried to scare everyone. Nice call whomever said .50. Yea right. Now, we can get back to $2 IMHO
IMHO tomorrow we will be up 40% ! Thanks for the cheap shares!
Great opportunity to get in!Moving to Nasdaq OTC Tomorrow. IMHO, we will be up 40% or greater. Here is verbage:
Officials at St. Louis-based CPI Corp. said Friday that the company's stock will start trading on the Nasdaq over-the counter market on Feb. 9, the St. Louis Business Journal reports. The change comes after after the New York Stock Exchange announced that trading of the company's stock will be suspended because the portrait studio operator fell below an average market capitalization of $15 million over a consecutive 30-trading-day period, a minimum threshold for continued NYSE listing.
They will be on the highest tier (level) of OTC trading, by the way.
Not down, shorts tried to scare investors. Here is the link and where we are going on the Nasdaq otc:
http://www.bizjournals.com/stlouis/morning_call/2012/02/cpi-moves-to-the-nasdaq.html?ana=yfcpc
I agree, I think it is up from here and we might see a nice pop tomorrow with the moving to Nasdaq.
Moving to the Nasdaq is no big deal. We will be $2 before we know it.
1.39 TOLD YOU!Going UP. This is NOT bad news. Now we can get back to business. The economy is recovering and CPY will too. We are trading on the nasdaq - big deal. Means nothing. This company has been in business since 1987 and back in 2008 dropped to a $1, only to recover. So, hang on longs, only a matter of time and we will be above $3.
People that sold premarket are just ridiculous and will feel pretty terrible that they got suckered from shorts telling them to sell.
Goldman Sachs puts SIRI on Watch List today!
Goldman Research Group Tuesday Morning Watchlist: Bank of America Corp., Citigroup Inc., Ford Motor Co., AT & T Inc., Sirius XM
8:45a ET April 20, 2010 (Market Wire)
GoldmanResearchGroup.com is a premier source for microcap research - providing a wide range of due diligence and investment insight on stocks all over the market. GoldmanResearchGroup.com Investment Report primary focus is to alert our valued subscribers to small cap and microcap companies poised for explosive movement in the market. As every investor knows, timing in the market is critical! To receive our FREE comprehensive newsletter, please visit http://www.GoldmanResearchGroup.com.
Today GoldmanResearchGroup.com announces four stocks to watch closely: Bank of America Corp.(BAC), Citigroup Inc. (C.), Ford Motor Co.(F), AT & T Inc. (T), SiriusXM (SIRI).
Siri to Double - New Article Just out!
http://www.schaeffersresearch.com/commentary/observations.aspx?ID=99244&c=obsfeed
I told you to sell - See Link just out - Bankruptcy possibility
http://www.reuters.com/article/idUSN1611420120100316?type=marketsNews
Volume though can be used as a guide though. Volume today is strong. Should be good for later today/tomorrow.
Buy
Not bashing. Just will pick up at a better price. this is not it. Has to be around .37 for me to get back in or I will wait for the reverse split.
Ouch. Really going down lately. I will look to pick up some around .37 again. It will happen this week.
One more article this morning out of Canada (link) sorry shorts!
http://ca.news.yahoo.com/s/capress/100310/business/20100310_smtc_1
Here are some highlights:
President and chief executive John Caldwell said the company has traditionally not provided specific full year financial guidance.
"However, in the first quarter there are signs of some economic recovery and customer inventory rebuilding," Caldwell said in a statement.
"Accordingly, we are experiencing continued strong order flow from longstanding and newer customers together with a strong opening backlog, which should result in continued sequential revenue growth in the first quarter, and continuing strength through the first half of the year."
Report out on SMTX - shows Bullish
http://stockpreacher.com/2010/03/12/stock-alert-for-smtc-corp-smtx/
"SMTX is trading above its 13-day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
SMTX is trading above its upper Bollinger Band. Relative to recent price action, the stock is currently overextended and due for either a pause or retracement.
The MACD for SMTX currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0, which implies that the underlying moving averages are trending higher."
Blowout Quarter - Stock should be $3.30 right now
Also, the Company said we are setting up for a better quarter this next one..according to their guidance and the backlog....
Straight from the company's mouth.
Short covering will start happening and we will go up for our next leg.
We doubled the analyst number - therefore, our stock price should be around $3.30 or THIS PAST quarter - so we will blow out next quarters numbers and be higher with that as well.
Good luck longs! This is a great, great company!
Super, super, super LOW float - around 13 million. Gotta love it!
Congrats longs!
Great Article - Says SIRI should be $10! Tks for posting.
New article out: YRC's Next Challenge: Pensions http://www.dcvelocity.com/articles/20100305_yrc_next_challenge_pensions/
You will have time. 10K is due tonight or early next week and unfortunately, people will get scared and sell into the 10K. So, it will go down before it goes up (as long as the company pulls through, that is.)
Siri Debt to Improve Substantially! LINK 3/5 just out!
http://satwaves.com/blog/2010/03/05/sirius-xm-debt-picture-to-improve-substantially/
News out about YRC 3/5:
http://www.joc.com/trucking/ltl-industry-shrinks-244-percent
Article just out 3/4/2010:
http://www.joc.com/trucking/yrc-worldwide-market-share-slips
Sorry. I think it will dump after 10K tonight or in the morning when it comes out. Also, the full report I have, if you want it, but it is in PDF form (bittymack@yahoo.com and I can email you.) I can't post it here and it doesn't allow you to cut and paste. But, it is not good. Scared the crap out of me. He is the #1 analyst for this industry and he is worried they are going to go bankrupt at any moment. Their cash burn is 30Million per month!!! Plus, much more outstanding debt. It is your call, but don't be bummed if it is down. I only shared this report with whomever wanted it so the longs could make their own decision. I decided to sell and I was actually going to hold until it doubled. So, it was a pretty serious report.
It's from Tuesday this week.
I'm out. I just read the complete report by Wolfe and he said bankruptcy can happen at any time. I have the PDF file if anyone wants to see it. I don't know how to put on the internet though. If you do, let me know. bittymack@yahoo.com - or i will send you the file and you can do it for everyone to see. Just wanted to let my longs know.
Chart is looking really good. We should see a nice close today. The lows are getting higher. Good accumulation this week too.
This was out on Monday. Old news.
I agree!
NEWS! YRC to Present at J.P. Morgan Conf!!!
http://finance.yahoo.com/news/YRC-Worldwide-CEO-to-Present-prnews-1840417856.html?x=0
Yes, Walmart has stood by YRC and continues to be one of their big customers.
I wrote him today. He can't decide whether it is a buy or sell and wants to wait until the 10K comes out. I told him that was like a weather man waiting until the day after to tell you if the day will be sunny or rainy.
Analysts know as much as we do.
CEO investor call from 2/10/2010. A must listen to!
http://investors.yrcw.com/index.cfm
He talks about 2011 and so on. We are doing better than we have in a while...
Any customers that did move in 2009 have come back (they said only 15% moved.)...
Some major customers they have are: Walmart, Aneheuser Busch, National Guard...
They are more concerned about earnings per shipment and have not lowered their prices at all...
2nd quarter positive...
Listen to it instead of trusting others. Here is right from the horse's mouth.
I spoke with Investor Relations and asked them why we haven't issued a PR on this big news with Nissan. They are going to have the head honcho call me back tomorrow. She was able to confirm they have 49,000 employees per the website. http://www.yrcw.com/careers/index.html
Nissan Awards YRC w/Multimillion Dollar Contract! Why wasn't there PR about this??? It just happened. Also, they are saying Husqvarna is next:
http://teamstersonline.com/forums/yrc-inc/17424-nissan-awards-yrc-multimillion-dollar-contract.html
Link to good news today 3/2/2010!
"YRC Worldwide Inc. may finally be in an upswing after a multi-month downtrend. YRCW shares have been gaining over the last several days, and represent an undervalued/bounce opportunity."
http://www.prweb.com/releases/2010/03/prweb3671224.htm
That's a great article!
http://www.todaystrucking.com/news.cfm?intDocID=23448
Buy volume is twice the sell volume. Nice.
http://ih.advfn.com/p.php?pid=trades&symbol=yrcw
Congrats longs
Buzz this article on Yahoo - It's about YRCW!
http://buzz.yahoo.com/article/1:c9217b63e12a4f93588c6725a4860a7c:a30057f4171891d14a986d4c84aebc0a/YRCs-Canadian-fleet-has-a-long-future-Pres?usc=1