This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Chinatown Bus: Ode to a Cheap Thrill

Stocks in this article: AAPL

(Ho!) I don't think you're right for him

(Hey!) Look at what it might have been if you

(Ho!) Took a bus to Chinatown

(Hey!) I'd be standing on Canal

(Ho!) And Bowery


(Ho!) And she'd be standing next to me


- The Lumineers, "Ho Hey"

NEW YORK ( TheStreet) -- On the Friday before St. Patrick's Day weekend a decade ago, I found myself in the basement dining room of Wo Hop -- an infamous, if touristy, late-night Chinese restaurant on Mott Street in New York's Chinatown -- at sunrise eating egg foo yung and watching the staff turn a corner table full of meat and dough into rows of dumplings.

I was working as a copy editor at a newspaper in North Jersey at the time, and both cash and days off were hard to come by. After wrangling a Sunday-Thursday schedule, I decided to make the most of both my time and money by booking a ticket on a Fung Wah bus and crashing on the floor of a friend's bedroom in South Boston for the Saturday St. Patrick's Day parade down West Broadway.

Not only did I get a 5:30 a.m. bus out for $10, but it took me up I-95 in four hours, gave me two days to spend doing the things idiots do when turning an hours-long St. Patrick's Day parade into a two-day affair and brought me home Sunday with a Boston Phoenix and Newbury Comics bag next to me and plenty of time to make my Sunday night shift. The Fung Wah was convenient, it was quick and, now I'm told, it could have very well been the end of me.

Earlier this month, the federal Department of Transportation shut down Fung Wah after the company responded to initial concerns about safety by blocking access to its records. In the past two years it has been cited for 159 maintenance violations, racked up nearly a dozen speeding tickets and has been cited for employing drivers without commercial driver's licenses.

Oh, there's also the small matters of running over pedestrians on the Manhattan Bridge, related on, overturning in Massachusetts, described in the Worcester Telegram, and getting involved in myriad other calamities in recent years, noted in a editorial.

That brought the scolds out of the armchairs to remind the rest of us how lucky we are to still be alive (though Fung Wah never killed anyone). The New Yorker dusted off Bob Dylan's "Farewell Angelina" for a parody song that sounds like Weird Al Yankovic's dad giving him a lecture about the perils of low-cost coach travel.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs