YRC Worldwide Inc (YRCW)

[GuyBig]

YRCW has said they were in synch for July and August.

I'm confident they can come up with a way to have a disappointing earnings report, most likely coming in at the bottom of the range of the expected operating earnings. Also, I'd expect some excessive workman's comp claims and/or lost lawsuits.

The revised earnings estimates in mid September were a 2 cent a share loss, but gasoline prices fell enough throughout the month that YRCW could come through at breakeven, but for workman's comp and lawsuits.

In the Spring, I had to add more than $50,000 to my account to hold on to the position. I did not sell out as YRCW dropped from over 29 to under 20, but since I didn't want to add in even more capital, I sold in the money covered calls to maintain my capital. If YRCW has a negative surprise, some of the calls may expire and I may buy some back.