YRC Worldwide Inc. (YRCW) [Chart - Analysis - News] had a negative breakout as it dropped -10.19% in trading yesterday. YRCW is considered a penny stock by traders because it is priced at less than $5 a share. Penny stocks like YRCW are interesting investment prospects because one-day price breakouts can turn into very large drops on a percentage basis in the short term. However, before you consider shorting YRCW you need to be aware of some unique challenges.
YRC Worldwide Inc. Sinks Lower; YRCW, JBHT, ECHO
YRC Worldwide Inc. Sinks Lower; YRCW, JBHT, ECHO