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I think SWIFThas its debt in order and its biggest customer (WalMart) satisfied and with falling gas prices and rising trailer demand, I think all trucking cos. (JB HUNT, ODFL, YRCW, ABFS etc.) will see bettter earnings but SWFT has the leveraging to make continued gains in the near term.
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Transportation will do very well for several years. With new regulations to be approved soon trucks will be able to haul more freight. More Income and less cost keeping tabs with fuel prices.
I am long
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Insider buying is a great sign. I work at a business and I know when we are doing well and we are not. I believe they would not be wasting their money if they did not KNOW that their business is going to be successful. Truck dricers are becoming harder to find which tells you it is a growing market. If I was unemployed I would go get a CDL and then you could find a job in about ONE day.
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Short interest is 41% of the float.
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LARGE AND NO UNION
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