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Yellow | More Selloffs In YRC's Future Analyst Says!

They still own a good deal of property,but we don`t know how much of that property has been used as collateral on all the money they borrowed. Most of their property is in areas that wouldn`t bring top dollar even if they could sell it ,so the value of it probably isn`t that high. Some of their properties,even if they sold them,have environmental problems from oil and fuel leaking into the ground for many many years,so even if someone did want to purchase them,there wold be a lot of cleanup costs involved. A lot to consider.
 
sarge said:
Ah the banks own about 70 % of stock, the teamsters 20 some % and regular owners about 5 %. So you think that 5 % really effects the prices that much ?
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Supply and demand sets the price. If there is only one share for sale and nobody wants to buy it the price drops.
 
Stock continues slide

sarge said:
Ah the banks own about 70 % of stock, the teamsters 20 some % and regular owners about 5 %. So you think that 5 % really effects the prices that much ?
Click to expand...

No one said the 5% were the only stockholders selling, the banks are stockholders too.
 
sarge said:
Ah the banks own about 70 % of stock, the teamsters 20 some % and regular owners about 5 %. So you think that 5 % really effects the prices that much ?
Click to expand...

How much of that 20% that teamsters got is still owned by teamsters.
 
Sell the regionals?? Are you guys really that stupid? The regionals are carrying YRC. You all saw the financial reports. YRC loses millions every quarter. If it wasnt for the profits that the regionals were making, the whole company would be out of buisness. So you better hope they never sell the regionals, cause YRC would be shut down if they did. The banks arent gonna keep throwing money out the window on YRC. So you all better get things together, or your days are numbered. It doesnt take a genious to figure that out.
 
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