YRC Worldwide Inc (YRCW)

[Ecomike]

Some of the debt holders are getting 97.5% of the total common stock (new shares, thus massive dilution) shortly, when the refinancing is completed, and we do not yet know how much debt will left, and how much is being converted into new shares, but once it is done, current share holders will only have 2.5% of the outstanding shares. That is a 40:1 dilution ratio. My guess is they will do a R/S after that to push the stock price up to a 20 or $30/share price range after that.