YRC Worldwide Inc (YRCW)

[MagicCap]

the market will wake up to the enormous operating leverage here.

no one on the street is calling for $3 EPS fully diluted (after conversions) but that's what i'm betting in 2014. and this is not even taking into account the reduced int expense from those conversions of $24 million annually ($3 EPS now or $1.20 EPS after conversions).

this is why i'm thinking this is one of the most undervalued stocks i've seen. this is FWLT (circa 2005) all over again.