YRCW reported negative earnings surprises for the 2nd Q in 2013, 2014, 2015, and 2016. In August 2013, I lost more than $150,000 in 1 day from YRCW. Inside of one year, my $200,000+ of paper capital gains in YRCW became $400,000 in realized capital losses.
I've made money since then, but I've also lost a lot. I'm worth about $600,000. In July, 2013, because of YRCW and EGO, I was worth about $1,400,000. For that special woman who has $800,000+ in capital gains, I can offer losses for us to make a beautiful tax return together.
There's been no response to my ad on Craig's list.
It turns out that a man whose major contribution to a relationship is capital loss carry forwards is not sought out in the romantic marketplace, even by very wealthy women who consider themselves very practical.
If the 2nd Q of 2017 turns out to be a positive earnings surprise, the stock will definitely move up to double digits -- it'll get above 10. I don't think it'll make it to 16 unless there is a big, big surprise.
NEVER doubt the capacity of YRCW to lose money. The union okayed non union transportation services to be used by YRCW, but YRCW has NEVER used non union truckers that cost less. YRCW has repeatedly paid top dollar to other carriers to make good on delivery guarantees. Also, damage claims and early retirements keep on occurring, and both are usually enough to transform profitable quarters into losses.
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