USAK stock leads losers
Discussion in 'Report A BAD Trucking Company Here' started by bubbavirus, Aug 24, 2011.
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Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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That would be a percentage loss not a gain.
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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.
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Please explain it to me as if I was a 1st grader,,,
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A negetive is always a loss never a gain!
chalupa Thanks this. -
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. -
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 USD123456 Thanks this.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.