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Yellow freight stock

Posted on 8/4/23 at 7:43 am
Posted by pchwinner
Member since Jan 2008
573 posts
Posted on 8/4/23 at 7:43 am
Rumor is they are out of business but stock has went straight up. I made a quick $40,000 on it from Monday to Tuesday.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 8/4/23 at 7:45 am to
Post the receipts.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15844 posts
Posted on 8/4/23 at 7:53 am to
Sounds like you just gambling. So your saying we should do the same? This is how you run out of money real quick. So is this the AMC or GME for this month?
Posted by Auburn1968
NYC
Member since Mar 2019
25198 posts
Posted on 8/4/23 at 1:14 pm to
Take the money and run!
Posted by el Gaucho
He/They
Member since Dec 2010
58518 posts
Posted on 8/4/23 at 1:22 pm to
Thanks I sent this thread to the irs
Posted by SeeeeK
some where
Member since Sep 2012
30701 posts
Posted on 8/4/23 at 2:20 pm to
I know some one who would ks therclow d, gate was locked, doors bolted. All notified as they showed up to work
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4649 posts
Posted on 8/4/23 at 3:45 pm to
Yeah let’s see screenshots there. Calling BS
Posted by Skervix
Member since Aug 2018
219 posts
Posted on 8/4/23 at 4:49 pm to
I see that's true. But can't stay that way long. Better cut and run quick.
This post was edited on 8/4/23 at 4:49 pm
Posted by pchwinner
Member since Jan 2008
573 posts
Posted on 8/4/23 at 6:38 pm to
I’m not sending any screenshot. I may have exaggerated a bit. I put $10000 in on Monday at 1.27 a share and sold Tuesday about 3.88 a share. I did double up. You folks can do what you want. I agree it was risky and I am done with it
Posted by FLObserver
Jacksonville
Member since Nov 2005
15844 posts
Posted on 8/4/23 at 8:36 pm to
quote:

I put $10000 in on Monday at 1.27 a share and sold Tuesday about 3.88 a share. I did double up.

Give you points for rolling the dice but that could have easily gone the other way. You basically said let it ride. Not much different then many guys throwing money at penny stocks on here. Sometimes it works out sometimes it doesnt. If i didnt have a family to support it maybe a little easier taking more gambles here and there.
Posted by Saintsisit
Member since Jan 2013
5081 posts
Posted on 8/4/23 at 8:53 pm to
quote:

I may have exaggerated a bit. 


So you're saying now you made $30k but exaggerated it to $40k in OP. Why wouldn't you just say 30 originally. My take is you're full of shite about everything.

Except the stock price of course.
Posted by pchwinner
Member since Jan 2008
573 posts
Posted on 8/4/23 at 8:56 pm to
Haha ok. Whatever. I will leave you be. No need to argue about it. Sorry
Posted by Bill Parker?
Member since Jan 2013
5240 posts
Posted on 8/4/23 at 11:19 pm to
Gamble on the assets (real estate, FF&E) at the time of filing. Folks made bank on the K-Mart bankruptcy betting on the RE alone.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136270 posts
Posted on 8/6/23 at 12:49 pm to
quote:

I may have exaggerated a bit.


Yes, I'm sure you did
Posted by LSUShock
Kansas
Member since Jun 2014
5577 posts
Posted on 8/6/23 at 1:26 pm to
That's what will happen here. It will be a shitshow for all the old Yellow customers with freight that was moving for the next month or so. They will literally have to go to terminals to try and sort freight to find theres. Then, someone like XPO or Saia will buy their routes and assets and do their best to integrate them, which will likely never fully be the case.

This is a story as old as freight bankruptcy times.
Posted by thelawnwranglers
Member since Sep 2007
42036 posts
Posted on 8/6/23 at 1:34 pm to
quote:

Sounds like you just gambling.


I did that with first Republic now I am not allowed to buy individual stocks anymore. (Self imposed)
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72947 posts
Posted on 8/6/23 at 2:39 pm to
quote:

I know some one who would ks therclow d
Have they seen a doctor about this?

Sounds serious.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15844 posts
Posted on 8/7/23 at 4:55 am to
Hope no one else bought taking a gamble.

quote:

Debt-laden Yellow Corp files for bankruptcy after prolonged labor row
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 8/7/23 at 7:32 am to
This is usually when people who made $30-40k jump back in and lose it all.
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
24839 posts
Posted on 8/7/23 at 3:31 pm to
They filed and fired 30,000 employees. They are not coming back. Sounds likes someone is trying to use TD for a pump-and-dump scheme.
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