michaelkat

Member Since: 5/22/10
Portfolio Total:$888,082.82

Stock Analysis: 1 No Analyses
Portfolio Start Date06/27/11
Annualized Return:-7.3%
Total Return:-11.2%

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Stock Pick by michaelkat

YRCW: Why I think YRCW can hit $1.15 quickly

Start trading YRCW with real money!

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1 ratings

Posted 1059 days ago on 7/25/10

Market call:YRCW will go UP
Target: $28.75 on 8/25/10
Current: $23.25 (173.53% from time of market call)

Last time YRCW showed positive EBITDA July of 2008, it traded at between $15 and $20 a share. Of course there were only around 100,000,000 shares then and there are 1,100,000,000 shares now. 11x more shares $15/11 to $20/11 equals $1.36 to $1.81. Of course they've had some major loses in the past two years, accumulated a lot of debt too. But they are a company with revenues exceeding $1,000,000,000.00 a quarter. No small potatoes. I think my $1.15 evaluation for this stock is fair for this company and it's comeback potential. My personal opinion, same people that smashed this one down are going to run it back up and fast, they don't want anyone grabbing this one cheap, I think they've already covered their shorts and are now going to go long. This is my personal opinion, 20% of my portfolio in this game is in YRCW at $0.14.

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Yilmaz Kaya	Posted 10/22/2010, 5:07 am will be a penny stock soon.
Blake Swanson	Posted 9/29/2010, 10:17 am I'm excited 2, I have 20% of my portfolio into this also, I bought at $0.30 per share, was trying to buy at $0.27 per share but it went up to $0.30... anyway it shouldn't matter if it bounces way up there. Every cent it goes up I make $6,500 which is pretty cool so if somehow it goes back up to $50 a share as it was a couple of years ago I would be pretty happy...
michaelkat	Posted 7/28/2010, 8:07 pm I am still holding my full position and feeling quite comfortable doing so. Good luck to all, if this one pops before months end I've got a good shot at the contest for July, ranked 41 as of yesterday and had a great day today.
michaelkat	Posted 7/27/2010, 4:54 pm I'm still hold my 1,200,000 shares in this game. It would have been nice to sell at .41 and get back in at .31, or it may go even lower, but then I risk losing my position if it makes the move I think it should make. I don't expect it to go to $1.15 all in one shot, I expect pull backs. On other message boards there is a lot of bashing going on for this stock, another good sign it's being shaken out for a bigger run. Earnings are a week from today 8/3/2010. Look at a chart of SIRI, same time frame last year, watch it into earnings and how it reacted coming out of earnings too. It was getting bashed the same way all the way through. I picked this stock because it resembles SIRI of last year in so many ways. You've got to also develope your own feel for this stock, if this thing runs big sometime between now and Tuesday, get out on the run, don't look for it to hit my arbitrary number of $1.15, it could top out at .60 or .80. Then wait for a drop a couple of days after earnings followed by a level off to get back in again. I don't think this company is going bankrupt, and I don't think it's only worth .30 either. At some point this stock will find it's price and I beleive that to be between, .80 and 1.80. All this reverse split talk doesn't scare me off either, I owned OCLR, FNSR, EXXI right through their splits last year and all of them went higher right up into the split, then leveled off or went even higher.
seokkyu125	Posted 7/27/2010, 10:28 am Oh noes :( I lost $36,000 because it dropped a lot today :(... Hope it bounces up to the point where you said it would bounce up to.

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