RE: RE: Blood in the waterAdded bonus is that the TSX is actually down a good amount (150 points) today. Nice to see a strong day when the general markets are tanking. Hopefully things are even better when the TSX shows some green. TSX is right around yearly lows today.
This is a benefit of investing in distressed companies. The performance of Yellow will have little correlation to the underlying market. If Yellow fails, it won't be because the economy was worse than expected, and if it succeeds it won't be because the economy did better than expected.