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In the News II
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| August 7th, 2023 at 12:22:38 PM permalink | |
| rxwine Member since: Oct 24, 2012 Threads: 217 Posts: 22943 |
Can’t say I notice. I notice the “Target dog” on a truck. Stuff like that. I don’t see trains much, but I read them. Reading Railroad. Do not pass Go. "Trumpsplain (def.) explaining absolute nonsense said by TRUMP. |
| August 7th, 2023 at 1:29:27 PM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 137 Posts: 21195 |
The thing is they are orange. War is peace. Freedom is slavery. Ignorance is strength |
| August 7th, 2023 at 1:42:06 PM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 34 Posts: 4244 | We own 30% of Yellow due to the Covid scam via a bailout. |
| August 7th, 2023 at 1:55:02 PM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 34 Posts: 4244 | The government lost those 30,000 jobs, not the unions, by locking down businesses during Covid. They'll blame the unions though. And then we will finance our loss at higher interest rates than during Covid. It's all one big scam. They should see what accounts the money actually went to. |
| August 7th, 2023 at 2:03:06 PM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 137 Posts: 21195 |
The drivers will get picked up by other carriers in short order. The warehouses will get sold to other trucking companies as they have many good facilities owing to how old they are. The Teamsters now have a $30 million hole in their budget. War is peace. Freedom is slavery. Ignorance is strength |
| August 7th, 2023 at 4:35:07 PM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 34 Posts: 4244 | Zuck was going to beat the tar out of Elon, so all the sudden Elon may need surgery. Good choice Elon but next time, don't act like you're tough. |
| August 7th, 2023 at 4:36:28 PM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 34 Posts: 4244 |
Are the other large trucking firms unionized? |
| August 7th, 2023 at 5:05:25 PM permalink | |
| AZDuffman Member since: Oct 24, 2012 Threads: 137 Posts: 21195 |
Some are, the Teamsters are a trucking union first and foremost. I interviewed at Roadway 25 or so years ago which Yellow bought. They were union and the guy said they didn't try hard to boot the union because it meant drivers lined up to work there. War is peace. Freedom is slavery. Ignorance is strength |
| August 8th, 2023 at 3:41:08 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 34 Posts: 4244 | A view of a LLY Monthly chart going back to 1971 (log format). They're getting ready to release numbers for this quarter. Pre-market high is $488.40. She looks dangerous and can likely move to the top of the channel a tad under $800. I'd might stay away from her on the bear side, although she is richly valued with a 71.36 PE. A tad below $500 might be a good short term bet to the downside. I'd definitely stay away on the long side. Can click on image to expand it. ------------------- https://imgur.com/UVJzzWb ------------------- |
| August 8th, 2023 at 3:52:06 AM permalink | |
| DoubleGold Member since: Jan 26, 2023 Threads: 34 Posts: 4244 | Revenue rose 28% but the PE is over 70. She just hit $500. She's up $43 billion pre-market. |