InvestorsHub Logo
Followers 11
Posts 170
Boards Moderated 0
Alias Born 02/24/2015

Re: None

Sunday, 06/19/2016 7:10:24 AM

Sunday, June 19, 2016 7:10:24 AM

Post# of 21105
Revenue rates per mile are holding up well this year.
http://www.dat.com/resources/trendlines/van/national-rates

$30 million in revenues should be possible for 2016.
IMO, it's likely that 1/2 of that amount, ~$15 million, has already been booked by ProStar.

When financials are released, I am hoping to see the remaining toxic debt eliminated (or at least significantly reduced) from the books.

Maybe that's the reason the outstanding share count has remained steady for several months at ~400 million shares?
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.