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The holding company for a handful of brands, YRC Worldwide is among the world’s largest providers of transportation services.
Valuation doesn't seem to make sense. 1 quarterly profit....http://investing.money.msn.com/investments/financial-results/?symbol=YRCW
Up to $32,50 today. Lot's of froth like this in the markets at the moment. Time to start putting aside more cash ;)
Price up to $35,62 score -85,26 . "Oh sh*t didn't know that moment" = It's a jockey play, the old CEO Welch is back at the helm: http://seekingalpha.com/article/1538532-yrc-worldwide-is-this-fortune-500-company-on-the-brink-of-a-turnaround Market cap now: $300 millionAny return to slight profits, like $100 million , means a PE of 3 and an upside to shareprice $100-$200 , the new CEO and CFO were buying at $5 , but there was insider selling again at $15.Will be interesting to follow.
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