Replies to post #13016 on YRC Worldwide Inc (YRCW)

[Wamunut]

Crazy...... No. Ballsey..... Yes.... I'm loaded up! Feel good about it! You have to keep in mind, 52% of all shares are now owned by hedgies; mutual finds etc. and there has been NO SELLING SINCE EARNINGS! If they didn't think this wasn't going anywhere they would have dumped already and this would be at .01 cent. Plus the other convertables aren't until 2013. That gives us over a year to make a profit. Actually look at the earnings estimate for fourth quarter it is now only a loss of -.14 cents from -.54 a month ago. All of next years estimates are better also. Plus we will not have anymore restructuring fees that we did all of 2011.

[toby3]

Yes your right. But this sounds exactly like sirius in feb 2009 when it went under 7 cents per share. Reverse split coming, bankruptcy actually started to get ready by lawyers to file chap 7, huge debt load, high amount of shares OS over 5 billion. Well I took a chance got about 97-100,000 under 13 cents. Look at it now.
That was a gamble & so is yrcw. I have tried a few others & are flat or missed a few, But yrcw maybe the next one I hit big, Im in for over 150,000 under 5 cents. Whatever happens, Happens. GL