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  • Shares Of Trucker YRC Crash As Restructuring Goes Awry

    Re:

    Shares of trucker YRC crash as restructuring goes awry

    Union members will announce tomorrow (11/14/13) that they are no longer willing to make any further concessions, and that they would rather strike.
    They are aware of the cash in the company and will make no further concessions while management sit on such a large amount of cash.

    Management is trying to bully the union members by stating that 26,000 union jobs are on the line and union members have no other choice than to give into their demands.

    The union members know otherwise. They know that they are in the (pardon the pun) driver's seat. That is why they are turning down the concessions and threaten to strike. Investors will see it there way as well, as the stock price to be reduced to a penny stock if the strike is carried out.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: YRCW, Trucking
    Nov 14 11:43 AM | Link | Comment!
  • YRC Worldwide Meets With IBT And Postpones Third Quarter 2013 Conference Call

    HEADLINE: YRC Worldwide Meets With IBT and Postpones Third Quarter 2013 Conference Call (Wed., Nov. 6 2013)

    YRC is postponing their earnings because the numbers are horrendous, and everyone in the union knows it. They want to complete their little deals before they release the numbers .

    It would not make sense to make a sweet deal with the union after horrible earnings, so they just postpone the earnings until the deal is done. INVESTOR BEWARE!!!

    Mark my words on this one, the Q3 earnings are BAD! (insider)

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Tags: YRCW, Trucking
    Nov 07 11:40 AM | Link | Comment!
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