Third Quarter Results Released

Discussion in 'USA Truck' started by Eicch, Oct 26, 2012.

  1. Eicch

    Eicch Bobtail Member

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    Aug 26, 2011
    Toledo, Ohio
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    I'm not sure if you folks have yet to, but I have been pulling a lot of loads brokered from "Coyote Logistics" not sure if USA just started working them recently. It is a little bit of a pain to call a 3rd party for pickup numbers but so far I'm noticing even better loads than usual.
     
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  3. jtannillo

    jtannillo Medium Load Member

    395
    106
    Jul 21, 2012
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    Its just trading being done between institutions. It doesn't seem like there are many serious individual investors who trade this stock on a daily basis. When you see abnormal trading volumes like today but a drop in share price it just means a lot of selling went on by the same people who traded it up a few days ago. Just normal stock price market manipulation. Nothing new and nothing to suggest any kind of turn around. Pulling hoppers? Well if they were still busy serving the customers that the profitable outfits are serving like they used to be they wouldn't have time to pull for unconventional streams of revenues in their industry.
     
  4. Moose1958

    Moose1958 Road Train Member

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    Dec 17, 2010
    Williesburg, Virignia
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    If it were not so pathetic this situation would be funny. I read with interest of this so called consultant. This leads me up to my main point about the current management there. I have it on good authority that after becoming the company president Cliff Beckham started purging the people there that knew how to really run a trucking company. Then almost at the breaking point he (and the board) come out with this mia culpa speech in Van Buren then Hire this so called consultant. This is what happens when people such as Cliff Beckham are put into these positions. He is an excellent politician who it seems can play the office politics game, but sucks when it comes to the crucial decision making of actually running a company. I don't own a crystal ball and I have no idea when or where all of this will end. I do think Cliff Beckham considers all of this stuff of late just to be a temporary set back in his dream of how he wants the company to operate. If by some miracle the company gets past this trouble it's in. I fully expect Cliff Beckham to revert back to the way he was doing, and if this so called consultant gets in his way Cliff Beckham will kick him to the curb.
     
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