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Thread: YRC Stock

  1. #1
    Moving the Nations Freight

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    Default YRC Stock

    Lots of shares trading hands today. We're almost at 4 million already when the average daily has been 2.6 million.

    The price has risen from earlier in the day so I hope that means investors see some value here and are getting in. The bad part is that the folks buying in are not getting in long term. They'll probably bail after making a few bucks

  2. #2
    Getting In The Groove Now.

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    usf holland
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    Default Re: YRC Stock

    yrc lied to the teamsters. this will go even lower maybe to2 bucks a share. they lied and needed us to vote yes to afford the debt buyback offer and liquidity. now all of a sudden they cancel the offer knowing ahead of time that the votes would,t be counted by the tender offer date. they pulled the wool over the teamsters officials. now they get a reduction in pay and they don't have to buy back the debt they told us was a great deal. welcome to corporate america. i hope the vote comes through a no or our union says thats fine we no longer are going to honor the renegotiations.

 

 

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