My understanding is that the company is reversing the stock in August? to satisfy NASDAQ listing requirements. Truthfully, I tell you the share price will not reach $0.80, prior to that event taking place.
If the company manages a 'turnaround' or at least convinces the market of it, naturally, investors will flock to YRCW. Depending on the magnitude of the reverse stock split, the price may falter and show significant downside. A higher share price may also yield interest from financiers. Again, that is a significant factor in this market, one that may lead to further price decline.
The only other alternative that comes to mind is, as some have rumored, a buyout or takeover of the company. That however, I will leave up to others to speculate about.
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