Rumors can also be very hurtful.
K.Kid Thanks for the tip,I went to the YRC forum & read the article.
True enough this is a printed document about a merger.
However I looked up the author who turns out is speculating on how UPS could benefit from it.
Now to find the source of the authors thoughts would be interesting.
Could he have gotten his ideas from YRC corporate?
I doubt it would have been from UPS,as there were no rumors, only facts published when they purchased Overnite.
He did mention a spike in the YRC stock price,if that is his source of information, wouldn't it be considered insider trading?
As wouldn't we all hurry up & purchase as much YRC stock as we could afford,to profit on a merger.
Even after reading the sticky on the YRC forum I'm still skeptical,that UPS is planing on a purchase.
K.Kid Thanks for the tip,I went to the YRC forum & read the article.
True enough this is a printed document about a merger.
However I looked up the author who turns out is speculating on how UPS could benefit from it.
Now to find the source of the authors thoughts would be interesting.
Could he have gotten his ideas from YRC corporate?
I doubt it would have been from UPS,as there were no rumors, only facts published when they purchased Overnite.
He did mention a spike in the YRC stock price,if that is his source of information, wouldn't it be considered insider trading?
As wouldn't we all hurry up & purchase as much YRC stock as we could afford,to profit on a merger.
Even after reading the sticky on the YRC forum I'm still skeptical,that UPS is planing on a purchase.
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