Did anyone jump on the Yellow bandwagon?

[Harpy Eagle]

Did anyone else buy some when it was down under a buck?

I grabbed it at 60 cents a share.

Symbol Lookup from Yahoo Finance

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finance.yahoo.com

 

[shockedcanadian]

I wish I could play the markets again. I really loved dissecting companies statements and instrinctic valud.

 

[gipper]

Are they expected to continue operations?

 

[Harpy Eagle]

Are they expected to continue operations?

Yep. Apollo Global Management Inc is looking to provide cash while they go through the process.

Apollo leads deal for trucking firm Yellow's bankruptcy loan, Bloomberg reports

Creditors led by Apollo Global Management Inc are nearing a deal to provide Yellow Corp with fresh cash during a coming bankruptcy, Bloomberg News reported, citing people familiar with the matter.

www.reuters.com

 

[Concerned American]

Yep. Apollo Global Management Inc is looking to provide cash while they go through the process.

Apollo leads deal for trucking firm Yellow's bankruptcy loan, Bloomberg reports

Creditors led by Apollo Global Management Inc are nearing a deal to provide Yellow Corp with fresh cash during a coming bankruptcy, Bloomberg News reported, citing people familiar with the matter.

www.reuters.com

You might want to hold on to that one for a while now. The SEC kind of frowns on pumping and dumping.

 

[Harpy Eagle]

You might want to hold on to that one for a while now. The SEC kind of frowns on pumping and dumping.

I will. I suspect if the financing goes through I think the stock will be higher than it was at the start of the year since their problems have been well known for a while.

60 cents a share going to 5 bucks a share would be a nice chunk of change.

 

[Manonthestreet]

Who would want to throw their money down that rathole?

 

[Cellblock2429]

Did anyone else buy some when it was down under a buck?

I grabbed it at 60 cents a share.

Symbol Lookup from Yahoo Finance

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finance.yahoo.com

/——-/ Strictly a gamble play. Not for me. But, thanks.

 

[Harpy Eagle]

/——-/ Strictly a gamble play. Not for me. But, thanks.

100% a gamble. I have a "mad money" account that I use just for my own personal gambles. I sold a Pharma stock I was holding for just a tiny profit to buy Yellow. I started this account a few years ago with 200 bucks. I have never had to add more money and twice when it got to 2 grand I took some money out. I have been as low as 40 bucks in it.