Some of you really are stupid. All the 8k is saying is that they are paying interest due on some notes with common stock rather than cash. Its really an insignificant amount of dilution. YRC has the right to issue this stock in lieu of cash, it is meaningless. The noteholders have no choice but to accept it. All in all, a non-event.
This sounds more stupid than the guy who says he owns 500K at .32 per share! You want us to believe you did not cover yet? If you do, you are gonna get some pork ripped off your butt tomorrow! Then you can cover then prove it to the board which I know you wont, why? Because you did not short the stock from $60.00! See it is all bullllllshiittt tonite! Let it out! Repent!
Nice job, Cohenj82. You shorted at $60 and he bought at .10, which means he's made 4 times as much money as you have on YRCW.
You really know how to play stocks, huh?
Just another loser short.