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Thread: Stocks

  1. #1
    Proud To Be a Teamster

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    Default Stocks

    Kinda weird and confusing to me anyway.......the stock market dumps today yet the 3 trucking companies that ABFwife posts for us daily all went up?????

  2. #2
    Taking A Stand!!!

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    Default Re: Stocks

    Quote Originally Posted by ST JAY View Post
    Kinda weird and confusing to me anyway.......the stock market dumps today yet the 3 trucking companies that ABFwife posts for us daily all went up?????
    I have seen this happen numerous times. Or it will be the reverse. The stock market will shoot up and our three trucking stocks will dive. I cannot make sense of it most of the time. One thing I am highly concerned about is how ABF is almost as low as YRC now and yet everything on Yahoo finance says ABF stocks are a great buy and it's a great company! Check out this link from the ABF stock page. Just scroll down the page a bit and check out several of the trucking stocks.

    http://www.google.com/finance?client=ob&q=NASDAQ:ABFS
    Last edited by ABFwife; 10-23-2012 at 07:40 PM.

  3. #3
    I Am Rocking Now

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    Default Re: Stocks

    Quote Originally Posted by ABFwife View Post
    I have seen this happen numerous times. Or it will be the reverse. The stock market will shoot up and our three trucking stocks will dive. I cannot make sense of it most of the time. One thing I am highly concerned about is how ABF is almost as low as YRC now and yet everything on Yahoo finance says ABF stocks are a great buy and it's a great company! Check out this link from the ABF stock page. Just scroll down the page a bit and check out several of the trucking stocks.

    Arkansas Best Corporation: NASDAQ:ABFS quotes & news - Google Finance
    ABF has 25M shares w/MC (market cap) of almost 200M, ABF is not in debt to the tune of 1.37B, they also don't have to pay 156M (could be more) or so in interest a year either, they have newer equipment they own!!! I'm sure they'd like to have the advantage's yrc has though to even the playing field. YRC stock is inflated, manipulated, has no value unless you short it, worthless to investors. There's really no comparison.

 

 

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