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Yellow | ABF might just be our saving grace

Joe the plumber said:
A reverse split doesn't guarantee the price will hold. It was $10.00 after the split. It's $6.77 now. That is the price it warrants right now regardless of the splits. That wasn't my question. My question was what is the reason for ABF stock to fall from $45.00 to $7.76. Same principle. It doesn't warrant a price that high. A YRC failure was priced in. These prices are per share. Volume has nothing to do with the price of a share. You're stock market illiterate so don't even think about buying stock. You'll lose your money. So will the other loon
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Everyone's stock has fallen. Its called a recession imbecile. But yrc's fall has been epic, if not record breaking. You do realize there are other ltl stocks on the market. ABF isn't as concerned with yrc as you think. yrc is becoming more and more of an afterthought in this industry. They are no longer the leader and definitely not an innovator or a threat of any kind.
Hey plunger, why don't you post that chart showing how yrc stock went from $135,000 to $5 per share again. You know the one where you said I couldn't read a chart and then tried to cover it up by saying they omitted a decimal point. Talk about being illiterate. You can't understand a simple chart or comprehend an SEC release.
 
Heres the drop of epic proportions, wasnt YRC stock at the time of the Roadway buy-out somewhere in the neighborhood of $67.00 per share, I believe so because I sold all of my YRC stock at $63.00 a share and this was when the market was good, but yet the stock was already starting to show signs of weakness,, and if Im not mistaken at the time of the merge wasnt it right around $27.00-$30.00 a share?? its been classified as a penny stock, been delisted twice, 2 reverse splits, and god knows what else and yet its still only valued at $6.70 a share. Im no stockbroker but I wouldnt touch this with free money..
 
Yellow who said:
Heres the drop of epic proportions, wasnt YRC stock at the time of the Roadway buy-out somewhere in the neighborhood of $67.00 per share, I believe so because I sold all of my YRC stock at $63.00 a share and this was when the market was good, but yet the stock was already starting to show signs of weakness,, and if Im not mistaken at the time of the merge wasnt it right around $27.00-$30.00 a share?? its been classified as a penny stock, been delisted twice, 2 reverse splits, and god knows what else and yet its still only valued at $6.70 a share. Im no stockbroker but I wouldnt touch this with free money..
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That $63 per share price is worth less than half of a penny today. This is a concept plunger can't grasp. Simple math is beyond his abilities.
 
Yellow who said:
Heres the drop of epic proportions, wasnt YRC stock at the time of the Roadway buy-out somewhere in the neighborhood of $67.00 per share, I believe so because I sold all of my YRC stock at $63.00 a share and this was when the market was good, but yet the stock was already starting to show signs of weakness,, and if Im not mistaken at the time of the merge wasnt it right around $27.00-$30.00 a share?? its been classified as a penny stock, been delisted twice, 2 reverse splits, and god knows what else and yet its still only valued at $6.70 a share. Im no stockbroker but I wouldnt touch this with free money..
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And that thinking is why you'll never make real money in the market. With YRC, all the bad news is out already. There's no guarantee that they will turn it around of course, but smart money who wants to take a chance will buy now on the possibility of a huge gain if the turnaround has legs. Buy when the herd is selling and sell when the herd is buying is the way to make money in the market. As I said earlier, no guarantees.
 
Triplex, all those shares were given to me by Roadway, now 10 years later, 3 terminals later, and laid off status with Holland, will never gamble what little money these thiefs give me ever again,, I tend to agree with slim, they couldnt make a buck if you gave them 99 cents,, and if you look at all of the stockholders, 2 reverse splits, lost stocks with all the debt for equity, why would anyone want to gamble with their money on this?? Ford, GM, Chrylser, oil stocks, now these have a better chance of return
 
slim66 said:
Everyone's stock has fallen. Its called a recession imbecile. But yrc's fall has been epic, if not record breaking. You do realize there are other ltl stocks on the market. ABF isn't as concerned with yrc as you think. yrc is becoming more and more of an afterthought in this industry. They are no longer the leader and definitely not an innovator or a threat of any kind.
Hey plunger, why don't you post that chart showing how yrc stock went from $135,000 to $5 per share again. You know the one where you said I couldn't read a chart and then tried to cover it up by saying they omitted a decimal point. Talk about being illiterate. You can't understand a simple chart or comprehend an SEC release.
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Seriously loon, you have no idea what's going down between ABF and YRC or wtf your saying about YRC stock went from $135,000 to $5 per share. That is bizarre. ABF is maxed out with cost. YRC is maxed out with debt. The union carriers have been battered by the recession more so then the nons. YRC was damaged by debt, fleeing customers and the recession. But YRC is a better bet than ABF is. YRC has been there done that with expansion debt. The IBT will not allow them to fail. If ABF doesn't get a significant concessionary contract the stock will plummet. ABF's only hope to grow is a YRC failure. That is ABF's main concern. What ever it takes. They have to take YRC down to live. Do you understand that, johnny?
 
Yellow who said:
Triplex, all those shares were given to me by Roadway, now 10 years later, 3 terminals later, and laid off status with Holland, will never gamble what little money these thiefs give me ever again,, I tend to agree with slim, they couldnt make a buck if you gave them 99 cents,, and if you look at all of the stockholders, 2 reverse splits, lost stocks with all the debt for equity, why would anyone want to gamble with their money on this?? Ford, GM, Chrylser, oil stocks, now these have a better chance of return
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I understand what you're feeling about the company you worked for but when investing you have to look at the company objectively at today's share price and decide if there is a possibility that the share price will appreciate and make you money. Keep your feelings as an employee totally separate from your feelings as an investor. Two different objectives.
 
Joe the plumber said:
Seriously loon, you have no idea what's going down between ABF and YRC or wtf your saying about YRC stock went from $135,000 to $5 per share. That is bizarre.
<snip>
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Joe, slim66 is not exactly wrong about the price of YRCW stock. The shares hit a high of over $475,000 in March 2005 before tanking to where they are at today. That price seems ridiculously high only because it is the split adjusted price - the price based on the 1:300 and 1:25 (totaling 1:7500) reverse splits.
 
Triplex said:
I understand what you're feeling about the company you worked for but when investing you have to look at the company objectively at today's share price and decide if there is a possibility that the share price will appreciate and make you money. Keep your feelings as an employee totally separate from your feelings as an investor. Two different objectives.
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And thats why I will never invest in YRC, theyve screwed over every employee and stockholder,the only difference is the stockholders lost money on the stock and employees have moved and or been layed off and lost money on the company issued stock.. Its not personal, just business, I know this..
 
Joe the plumber said:
Seriously loon, you have no idea what's going down between ABF and YRC or wtf your saying about YRC stock went from $135,000 to $5 per share. That is bizarre. ABF is maxed out with cost. YRC is maxed out with debt. The union carriers have been battered by the recession more so then the nons. YRC was damaged by debt, fleeing customers and the recession. But YRC is a better bet than ABF is. YRC has been there done that with expansion debt. The IBT will not allow them to fail. If ABF doesn't get a significant concessionary contract the stock will plummet. ABF's only hope to grow is a YRC failure. That is ABF's main concern. What ever it takes. They have to take YRC down to live. Do you understand that, johnny?
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Lots of talk about the pension & how they might save on that. All I can say to you joe is keep your medical card current....
 
Triplex said:
And that thinking is why you'll never make real money in the market. With YRC, all the bad news is out already. There's no guarantee that they will turn it around of course, but smart money who wants to take a chance will buy now on the possibility of a huge gain if the turnaround has legs. Buy when the herd is selling and sell when the herd is buying is the way to make money in the market. As I said earlier, no guarantees.
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I beg to differ with you here. Smart money buys stocks that are downtrodden on false implications that have strong fundamentals,(P/E, book value, earnings per share, revenue per share, debt to equity, etc.), problems that have been resolved, patent infringement suits that have been settled, etc.
 
ABFer said:
I beg to differ with you here. Smart money buys stocks that are downtrodden on false implications that have strong fundamentals,(P/E, book value, earnings per share, revenue per share, debt to equity, etc.), problems that have been resolved, patent infringement suits that have been settled, etc.
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Differ all you like. I've done quite well over the years by carefully investing in companies that got clobbered for one reason or another when the herd ran away from them. Got to do your homework of course which includes all the things you've mentioned and more. Lots of things to consider and even then there are no guarantees. People see conditions and outlooks differently and that's why at the same time there are always both buyers and sellers for the very same stocks.
 
The stock market is a casino. You have to place your bets early on an out come. YRC stock crashed from the news of debt and possible collapse. That made speculators bet heavy YRC would collapse and buy into ABF. Given the lawsuit was thrown out and YRC still exists, the stock crashed. I think I already said that. High cost ABF has only one card left to play. Serious concessions. McReynolds is working on the orphan pension that she said is costing her 50% of her pension payments. If you believe she will be successful on that bet big on ABF. You can't lose
 
No matter about ABF's lawsuit. YRC will never go out of business. All we have to do is continue to provide superior service to our customers. Yellow and Roadway could not be touched in times past they held numero uno slots for decades. They "we" know how to move freight proper "dude" before most of us were born the two companies out shined the multitudes.

It's just going to get better for YRC and the brotherhood from here......:bananapartyhat:
 
billybigriggr said:
No matter about ABF's lawsuit. YRC will never go out of business. All we have to do is continue to provide superior service to our customers. Yellow and Roadway could not be touched in times past they held numero uno slots for decades. They "we" know how to move freight proper "dude" before most of us were born the two companies out shined the multitudes.

It's just going to get better for YRC and the brotherhood from here......:bananapartyhat:
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The joke thread is a few down from here.
 
billybigriggr said:
No matter about ABF's lawsuit. YRC will never go out of business. All we have to do is continue to provide superior service to our customers. Yellow and Roadway could not be touched in times past they held numero uno slots for decades. They "we" know how to move freight proper "dude" before most of us were born the two companies out shined the multitudes.

It's just going to get better for YRC and the brotherhood from here......:bananapartyhat:
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BBR, I sure hope your right. You make a good point about the past.
 
billybigriggr said:
No matter about ABF's lawsuit. YRC will never go out of business. All we have to do is continue to provide superior service to our customers. Yellow and Roadway could not be touched in times past they held numero uno slots for decades. They "we" know how to move freight proper "dude" before most of us were born the two companies out shined the multitudes.

It's just going to get better for YRC and the brotherhood from here......:bananapartyhat:
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Hey Dude, pass that joint around!!!
 
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