USAK stock leads losers

Discussion in 'Report A BAD Trucking Company Here' started by bubbavirus, Aug 24, 2011.

  1. bubbavirus

    bubbavirus Medium Load Member

    Cheat their drivers even more now?
     
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  3. papo stealth

    papo stealth Bobtail Member

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    Sep 26, 2010
    Sherrills Ford, NC
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    That would be a percentage loss not a gain.
     
  4. bubbavirus

    bubbavirus Medium Load Member

    Say you gave me 30 bucks, out of the hundred in your pocket. I gained +30 bucks, you gained -30 bucks, You being usa truck.
     
  5. bigdogpile

    bigdogpile Road Train Member

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    1,463
    May 16, 2010
    fontana ca
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    Please explain it to me as if I was a 1st grader,,,
     
  6. papo stealth

    papo stealth Bobtail Member

    41
    45
    Sep 26, 2010
    Sherrills Ford, NC
    0
    A negetive is always a loss never a gain!
     
    chalupa Thanks this.
  7. YankeeTexan

    YankeeTexan Light Load Member

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    Jan 1, 2009
    Houston, Tx
    0
    What exactly is the point of this thread?

    The company, USA Truck in this case, does not control the stock price. Buyers and sellers of the shares determine the price (supply and demand thing).

    Your $30 analogy makes NO sense. USA Truck did not lose $30 out of every $100 they have. The stock price dropped thats it, which means there were more people wanting to sell their shares then people willing to buy them and the sellers needed to cut the price to find buyers. (again the whole supply/ demand concept). And in case you hadn't noticed the market has been very volatile lately, up a couple hundred one day and down the next. So a 30% swing on a $7 stock is not that big of a deal. Now if you are talking a 30% swing on a large cap stock like XOM, AAPL or IBM then that would be a major issue. not this.
     
    Rollover the Original Thanks this.
  8. bubbavirus

    bubbavirus Medium Load Member

    My little bird told me,
    c'mon you buy usak?
    7.69 -0.05 (-0.65%)

    After Hours: 7.74 +0.05 (0.60%) Aug 31, 4:03PM EDT NASDAQ real-time data - Disclaimer Currency in USD
     
    123456 Thanks this.
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