Why is Cramer recommending YRC when the price of diesel is skyrocketing? I think long haul trucking is dead in the water. It won't be long until most stuff is going to be shipped on trains, not trucks. Cramer is probably thinking that the price of oil is a bubble and is going to burst any minute. This kind of permabull crap will get investors in a lot of trouble.
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Why is Cramer recommending YRC when the price of diesel is skyrocketing? I think long haul trucking is dead in the water. It won't be long until most stuff is going to be shipped on trains, not trucks. Cramer is probably thinking that the price of oil is a bubble and is going to burst any minute. This kind of permabull crap will get investors in a lot of trouble.
Jun 19 11:36 am
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All Comments by cynic69 »YRC Worldwide Keeps Truckin' - Cramer's Lightning Round (6/18/08) [View article]