The dilution from conversions suck but they have n
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Posted On: 10/04/2017 7:19:32 PM
The dilution from conversions suck but they have not just been dumped nor have they been af a discount to the market. Buyers seem veey content to offer large BIDs and let the sellers/conversions come to them. Eventually supply/demand will shift. With this stock - it usually does violently and not triggered by a PR.
I doubt there will be much consolidation in the trucking industry right now. There is still high/growing demand, drivers continually are being harassed by the government with more stringent requirements/regs, and excess supply was really taken out back in 2009-2010 after the meltdown. I dont see them as a buyout candidate now - especially when they are seemingly on the verge of sustained profitability and looki g to acquire the rest of Swiss.
I doubt there will be much consolidation in the trucking industry right now. There is still high/growing demand, drivers continually are being harassed by the government with more stringent requirements/regs, and excess supply was really taken out back in 2009-2010 after the meltdown. I dont see them as a buyout candidate now - especially when they are seemingly on the verge of sustained profitability and looki g to acquire the rest of Swiss.
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