YRC Worldwide Inc (YRCW)

[Ecomike]

Just like I said I expected, R/S after the conversion of debt. My guess is they will do a 50:1 or 100:1 R/S. That would take it down to a 4-9 million Outstanding shares, at about $25-$50/share when the price settles down.

What is not clear to me is how much debt they will still be servicing afterwards, and how that and earnings will turn out later. I expect some shares will be dumped for cash by some of the prior debt owners.