Ken, your posts are going against everything that is even somewhat factual.
APM having lower volume than RDRT is a non-issue. APM has been a lot more efficient in the past (comparing apples to apples, when RDRT also was producing mainly TFI). Also, Crisman has said to two of us that yields are looking better over last quarter.
And based on this, they are likely to turn a profit! Produce some facts, not hype. You shorts are getting to be just as bad as the longs were when this was in the 60's...50's...40's...30's...you get the idea.
The point is, this is the low point for APM. Visibility now is very poor. APM is not in danger of suffering a loss in the next two quarters, and by that time, they should have significant MR capacity.
Stop the hype, and look at the biz. It's not as bad as you make it out to be. Just as DDs are, in your opinion, dead money on the upside, they are likely dead money on the downside. Tomorrow's panic will be the best time to cover, IMHO.
Brian |
