Jonathan Verenger
Long/short equity, growth at reasonable price, deep value, research analyst

YRC Worldwide Has Gotten Ahead Of Itself

I've written a few times about YRC Worldwide (NASDAQ:YRCW) since last September, calling it one of the most undervalued, hated securities I've ever seen. In the time since I wrote my first article on the company, YRC Worldwide: A Turnaround Story with Momentum, the stock is up an astronomical 300%+ on the back of improved fundamentals and improved investors' appetite for risk. For me personally, this move is the biggest gain I've seen in a short period of time since investing in (NASDAQ:REDF) back in 2010 at $1.80 (side note: I recently recommended this one again and was wrong and stopped myself out. I apologize for recommending that one, although I do believe the...

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