Replies to post #10183 on YRC Worldwide Inc (YRCW)

[RV Guy]

I will wait for the dust to settle on this one. I do not count after hours personally. Too much manipulation can go on.

http://estocksdaily.com/big-time-losers-and-the-reasons-why-yrcw-pcx-sngx/

"YRC Worldwide (NASDAQ:YRCW) is trading by more than 64 percent lower today after the company completed a financial restructuring that has essentially wiped out any shareholder equity. The company will raise $100 million in new capital due to the financial restructure which will see the company merge into a newly formed subsidiary. The decision was made after a meeting between a group of lenders, bondholders and labor union members on Friday which seen them take control of the U.S. trucker."