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In 2021 there was yet another reverse split stealing away yet more shares. Then just last week CEO Charles Allen purchases 166,000 shares at $0.75 pps and today two weeks later is at $1.65 pps doubling his money while my original 25,000 shares have been reverse split down to 2 measly shares! Some fiduciary! If I could have just bought BitCoin direct in 2013 my original BTCS investment would today be $5M
reverse split history attached click post #31878
reverse split history attached
BTCS Reverse Split History attached
Just to update BTCS recent reverse split has left me now with one lousy share! I originally purchased 25,000 shares in 2013 back when Bitcoin was selling for $222 and is now at $50K and BTCS genius CEO cannot figure out a way to generate any revenue so he steals from the shareholders. Pathetic. One Share!
The 15,000,000 shares are the collateral for Uncle Sam and have only been released from lockup. The original agreement from US Treasury is to hold for 3 years so they are now in the hands of the Democrat US Treasury (the ones that received endorsement from the Teamsters).
Looks like it. This was intended to be a kind of escrow for the loan (even though they have the trucks as collateral. Anyway Yellow appears to be in great shape with a Hot Market for the next two years and now enough trucks but not enough drivers but LTL drivers have a great life now because they run their routes and sleep in their own bed at night and 500+ at Yellow made six figures last year. But, as you know those shares were never intended to be in play at this point in time so never a dull moment. All I know if they hit their price target of $15 I am a millionaire but will probably wait till they catch up with ABF at $80!
Cannot believe Biden and Democrats got Teamster endorsement and now are pursuing BS investigation of Yellow. And in particular at a time when the market needs trucks and drivers are in short supply, this does not help.
Charles I want my 25000 shares back
Buyer Beware of BTCS Reverse Split History
ditto
still holding and note the 30000 shares I got 1 year ago at $2 are appreciating nicely. However, work to be done still on the other 30000 shares I bought 5 years ago at $14! "never let a good crisis go to waste" who would have ever dreamed lightning could strike twice in 6 months with the covid loan followed by the pension bailout! sweeet
that is the market cap
no doubt that was a great call
Exactly, risk but a great price and finally the union is adding safe harbor value in an election year. And the HNRY 3PL allows them to source and scale any TL or white glove service or Last Mile service all under their own TMS. XPO will double 1X but YRC 3X this year.
So XPO was up huge yesterday and today but why? YRC has $1B debt on $5B revenue but XPO has $5B debt on $17B. XPO debt ratio even higher than YRC. And in an election year believe is of benefit to protect union drivers so seems YRC has as much going for it as XPO.
If you ever have any money to invest you might be able sell short on YRCW
These are shares that cannot be sold until 6 months of $12 PPS
investors.yrcw.com
click on investors
click on SEC filings
Pretty bodacious the CEO just bought $1M of stock
In 2013 when I first bought this company there were 763,000 shares and I bought 25,000 so owned 3% of the company. Bitcoin sold for $222 in 2013. Then they went to 140M shares diluting my 25,000 to oblivion. Then they did a reverse split turning my 25,000 shares to 463 shares. Now after 6 years with Amazon as a partner and Bitcoin rising as high as $18,000 they have no employees and no revenue and will reverse split once again leaving me with a measly 15 shares. Unbelieveable!
Dudes, am I reading this right! Did CEO Charles and COO Handerhan sell all the shares they stole from me! http://fintel.io/n/us/btcs
JP Morgan has ownership now of 3.4M shares or 10% of YRCW
JP Morgan has bought up 2M shares of YRCW this month.
Hey BigGuy, you called this one spot on 6 weeks ago. I was able to pick up an additional 10,000 shares for free by following your advice and waiting till sub $3. Hopefully the Teamsters will also pick up cheap shares and thus erase their opposition to the 15% giveback and benefit from $10+ pps. target. Happy New Year
I expect blue skies through strong 4Q sales and note they already have the cash to meet their 4Q ER due to the PA terminal sale and have updated their earnings accordingly..... even a worst case from Stifel is $7 and Centaur just last week reasserted $15.....
Market = < 600
Yellow = Green
I think this is the bottom!
BTCS recovers 11%! You go girl!
I believe it was 2016 when YRCW dropped to $8 in November and 2 mos. later by year end had doubled to $16. Last year I thought I was smart when I dumped YRCW in place of GE at $19. Not so smart. I believe James did all of the heavy lifting refinancing $1B so the new CEO and CFO can focus on operating. This year I am long and will defer to the 5 analysts with average price target of $14. At current PPS YRCW should double.
Problems but good problems. They incurred cost to buy capacity. The hurricanes are probably already priced in. Does $40M income equate to approx. $0.10 EPS?
The economy will only grow stronger for the rest of the year. Trucks will be full.
I bought BTCS at 760K OS. Then they moved to 100M OS and the owners kept 90% of the stock due to "reverse merger" requirements and that dilution dropped the pps by 95%. Then BTCS languished around 10 cents forever till they used all of their AS to move to 1B and it still went down down down, so they did yet another split and are now at 16M OS and carry EPS of -$10.59. My investment in 25K shares is now 417 shares and BTCS EPS is $-10.59! BTCS = POS PS don't forget their 16M OS still leaves them with 1B AS
Why would you think BTCS would go up? They have never gone up. They have always gone down. For the past 4 years they have always gone down. Furthermore they don't do anything. They have no employees. They don't make anything and they don't sell anything. And they really have to try to be such a loser because they are cobranding with Amazon and yet they don't sell anything because they don't have any employees. I don't know why you would expect it to go up? There is no there there!
BTCS is 1B AS too.
Excellent! Trucks are full!
On 5/13 I pointed out YRC was at $16 only 6 mos ago and the economy is much better now so YRC trucks will be full this season. In addition, I support your own prediction YRC will soon be back to $10 followed by $16...
Ford = $10.87 YRCW will double.
Up 8% YRCW is back!
YRC is the same price it was last November when it almost doubled in 3 short months. The economy is even stronger now so anticipate trucks will be full for the rest of the year and perform strong.