Trading Alert for 6/13/2011

$YRCW - symbol to trade on Monday, June 13. June has been definetely a difficult month for bulls, so we are looking for super oversold cases with significant potential to rebound in the short term for quick profits. Last 2 days were totally dry for us, and today I was glad to see $YRCW showing a pattern I was looking for. Strong volume, good news and some cautious optimism among traders.

YRC Worldwide Inc. ($YRCW) is one of the largest transportation service providers in the world. The company has a portfolio of successful brands, including YRC, YRC Reimer, YRC Glen Moore, New Penn, Holland and Reddaway. YRC Worldwide has the largest, most comprehensive network in North America with local, regional, national and international capabilities. In addition to freight and transportation services, the company offers expertise in heavyweight shipments and flexible supply chain solutions.
By the way, last time we traded $YRCW was January 2011. Do you remember how much was our entry and exit price per share? $4.42 and $4.48! Here is the link. Today just 5 months later we plan to buy $YRCW 85% cheaper! Isn't it great?! I love trading pennystocks but every time I see something like that I am so glad my pennystocks100 strategy helps me to stay sober and never fall in love with any "cheap" stock. What seems cheap today tomorrow may look outrageously expensive.

Backtested Symbol: $YRCW

Strategy: Pennystocks100 (5 min chart)
Period: Jun 10, 2010 - Jun 10, 2011
# Win: 1
# Loss: 1
Winners: 50%
Profit-Loss%: +0.85%