Good info - Thanks.

Let's be careful guys - once we start referring to company CEO by first name - it's all over. And if anybody calls him ....

But she just did...

IMHO "Flexibility" = enhanced ability to control vacation schedules to coincide with deamand. SMART MOVE - hope it is enough. They are burning cash - if they are not after wage reductions then they will need (maybe have) another expense reduction measure in the works. HAIL MARY !!!

IT MOVES ! Always has - just gotta figure out how to zig when it zags.

SAME PERSON.

Hasbeen Scam - nothing happening here - THE MOST ACTIVE BOARD of all my baggies. Kinda makes you wonder.

OK half the play chest in at 7.30. Can hold for 1 year - let's rock.

Nice one - thanks.

In the context of projected 2015 results, shares are now valued at less than 7 times profits and also trade for less than 7 times EBITDA, on an enterprise value basis.

Uglier than a bucket full of armpits.

If they vote yes on new contract that includes wage reductions (5% ???) then we may have something here. Like I've said, they'll need to give back something. Company will issue more stock in the form of 401k contributions that the employees will immediately exchange for Vangaurd ETFs (which ironcally will hold YRCW stock).

No wage reductions and company will continue to lose money.

Reverse Split is a no brainer.

They can't afford to worry about shareholders - we are last in a VERY LONG LINE OF VERY TALL PEOPLE.

To anyone that may have got hurt in this - Been there - I say now that you know a little about how this moves - you have to Flip to get back. I am about 6k back from 20K over 4 years. It seems to be working for me. See if you can get Master to shout out his ins and outs - he seems to be incredibly timely - it can be done if you target 5% or so and are patient.

The LONG approach hasn't worked for anyone in over 5 years and it ain't gonna start working anytime soon.

Or do the the opposite of what I say - that would historically work aout VERY WELL for you.

The volume guys are getting real serious now. Man does this thing move or what ?

Here is what I took from the Welsh interview -

Interviewer - Do you need any more drivers ?
Welsh - No we got enough of those and they got major tenure.

Trade shares for 6% wage cut after a reverse split and HOPE THE VOTE IS YES.

Short Sale Circuit Breaker 11/7/2013 10:23:39 AM
http://www.nasdaqtrader.com/trader.aspx?id=ShortSaleCircuitBreaker

A graph in the presentation depicted 2 options - the first refinancing, the second a truck driving off a cliff.

http://www.streetinsider.com/Insiders+Blog/YRC+Worldwide+%28YRCW%29+Issues+Proposal+to+Union+Over+Labor+Contract%2C+Concessions/8864797.html


http://seekingalpha.com/currents/post/1401762

YRC said in the presentation that its market share has dropped to 17 percent from 42 percent in 1995.
http://www.businessweek.com/news/2013-11-08/yrc-ceo-asks-union-leaders-to-extend-labor-accord-into-2019

There is no doubt in my mind that I bought some of his shares. Never met the guy.

In Chicago I have witnessed that organized labor tends to work out better than disorganized labor. Don't really think this is the forum to debate the subject, but wanted to point out that there is an upside. Some of these trucks are very, very heavy and they are all around me.

I am guessing they give employees more shares - shares that they'll manufacture. It is the only thing they have to trade for concessions.

It's all speculation until the VOTE. Q3 data ain't gonna show too much good - I think they are trying to bundle w/positive IBT sentiement/inclinations. Hoffa gonna have to step up and play GOD here. These ain't tinker toys these guys are playing with and they know it. On top of all the jobs there is the "Union Hold" factor.

Tuesday, November 12 - Sometimes they like to reschedule these things.

As a result of these developments, YRCW will postpone its third quarter 2013 conference call to Tuesday, November 12, 2013, at 4:30 p.m. ET, 3:30 p.m. CT.

http://online.wsj.com/article/PR-CO-20131106-916059.html?dsk=y
http://investors.yrcw.com/releases.cfm

Additional Concessions ?

http://www.bizjournals.com/kansascity/news/2013/11/06/yrc-asks-teamsters-five-year-extension.html?page=all

YRCW - Getting some big volume again today.

Dash board is Like Chirstmas tree today (link back)

This company doesn't release many PR statements. Time will tell...

As I understand it, the 350 mil in savings is "baked in" or in other words "has been" 350 mil in savings. The propsal is to extend that.

YRCW Gonna get funky

Any idea what annual labor costs are ? In other words, what would say a 5% wage reduction add up to be?

Now, it's all about the vote. A holiday season vote at that.

Finally grabbed some at $9.50 Wednesday bailed at $9.00 Fri. This thing is toxic right now - just toxic.

Stockholders are last in line here. It is a long line.

Union has given major consessions already. They are expecting the opposite and most likely will not stomach any additonal cuts.

One possibility is another split with shares going to employees (again).

Added yesterday - ave price now 36.97 in one account.

Other account looks like this
Sym Description Qty Underl.
Stock Days
to Exp Cost
Basis Avg
Price Price Change (%) Daily G/L Total G/L (%) Market Value
YRCW Yrc Worldwide Inc 1 $3,340.21 $3,340.21 $9.52 $0.22 (2.37%) $0.22 -$3,330.69 (-99.71%) $9.52

Which translates to one share at a cost basis of $3,340.21 go figure.

This is how to play this one - IT MOVES!!!

Blood in the streets

I've seen them take it way up prior to announcement then drop it back during the day prior - Then do the same after. It moves just gotta grab the right wave.

With $10 Million moved around today - you can see how deep the Volume Guys' pockets are. They are not taking it down to leave it there.

How low can she go ?

Well there goes my support at 12 theory.