Replies to post #10259 on YRC Worldwide Inc (YRCW)

[chloebware]

I am not calling this a scam.......This company is stepping on new shareholders to make some cash and clear the books........just another way the big guy screws the little guy.

[chloebware]

By the way......I think it will be 2500 to 1.

[cucpa]

Scam? You've been in pinky land WAY too long! LOL!!!!

[Ecomike]

Would you mind defending that calculation that gave you that result please?

Keep in mind that a lot of debt was retired in exchange for shares. Before that, the stockholders had negative equity, the company has essentially been insolvent for a good while, but enough stock holders, bond holders and debt holders felt it was too big too fail. Old stock holders were lucky to keep 2.5% ownership.

I am not saying when or if this a buy right now. Too many unknowns regarding planes of the largest new stock holders.

And FYI, OTC scams are and have been worse, GSRE is selling an extra 9 billion shares to add to the 3 billion at .0001 right now.