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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by ferrido5on Jun 19, 2011 8:44pm
336 Views
Post# 18735746

RE: RE: RE: RE: RE: RE: RE: RE: RE: That is what t

RE: RE: RE: RE: RE: RE: RE: RE: RE: That is what talccmc, you saying " I've been a Yellow long since the IPO". Then I feel sorry for yoy. You probably deeply in red. My point wasn't about loyalty to this company. I feel that there is here just pure momentum play. If you believe in turnaround as I do  ypu shold hold to your shares and if you do not sell it. very simple. I didn't look at this stock until recently. Now when the chart looks as if YLO is falling to pieces and soon will fase bankruptcy I did my own DD and came to conclusion that the stock is being raped by shortsellers and the SP recent fall got completely detached from the fundamentals. I've been watching now another stock GBG which in exactly the same situation  as YLO is. And I am planning to buy it as well. Why I like this type of play because the reward is usually huge if your guess was right. For example I bought BMO when it fell below 30$ and since then have been collecting very nice dividend. The stock in my TFSA. So the reward is even bigger. I believe YLO has the same potential for turnaround and people who bought it now won't regret it. I might be wrong as well and ready to lose significant portion of my investment. But as I sayd before I believe risk/reward ratio worth a try.
Bullboard Posts