God evening readers,
Just got back from a flight. Only 1.1 tonight. I hit something that was either a goose or a horse with wings. Either way, it splatered itself all over the nose, bloodied up the left prop and took a trip through parts of the left engine. One full stop later and all is well.
OK, now on to stocks.
YRCW - Well, I swung this from 31 August through 27 September and made $1000 on a $5000 initial. Today, based on the 5 minute chart, I got back in with $13K at .2955 When the chart told me to, I unloade at .3150 for a nice $847 profit. Honestly, I was fully planning on holding YRCW longer term. I really thought Q3 was going to be profitable and that the deals with the Teamsters would get them on the right track.
AH today, YRCW announced a 25/1 reverse split quickly sending the stock down 20% AH. I'm going to still look at it tomorrow but R/S goes into effect 01 October so tomorrow will be purely a daytrade if the chart tells me to get in. Tomorrow should be interesting.
Until tomorrow...fly safe.
