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Thursday, July 29, 2010 7:03:38 AM
http://www.beaconequity.com/is-yrcw-the-next-spng-part-i-2010-07-28/
This beleaguered U.S. trucking stock has taken a pounding during the two-year long financial meltdown. After crashing from its high of $22.50 only two years ago at this time, then trading down to $6 in September of 2009, YRCW has cratered to under 50 cents, today.
At less than half a dollar, traders have handicapped this company to succumb to the worst case scenario – liquidation.
Not a chance. The past two weeks have changed everything.
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