Tuesday, September 20, 2011 9:26:08 AM
http://seekingalpha.com/article/294663-5-stocks-at-52-week-lows-that-will-keep-struggling
"YRC Worldwide (YRCW), even after Friday's incredible 77% drubbing still seems unlikely to bounce. The company recently diluted shareholders by 97%, increasing the share base from 48 million to nearly 2 billion shares. SA Contributor Studioso Research was first to warn readers of this terrible upcoming dilution back in July 19th, back when the stock traded at $1.19/share. Now the results of this jaw-dropping equity dilution have played out and the stock sits at seven cents.
But even at seven cents, further downside seems likely. YRCW still has a market cap of ~$150 million based on the new 1.9 billion share count. Do you really want to pay $150 million for YRC Worldwide's struggling operations? With a reverse split coming in December or January, shares should keep heading south."
Never tell tales about a woman, she'll hear you no matter how far away she is.
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