I love Will Thrower $y - wrote this may 9 2013

Makes the 9% we're making on the yellow media bonds look stupid.

I'm going to get rich on these warrants. Never been so certain of anything in my life. I'm getting more optimistic that it works out very fast, within 12 months. It should be obvious by that time that the company can refinance at much lower rates and start payingdividends.

That being said, 1-2 years from now the bond market could be collapsing, haha... In that case they can just keep paying the old debt down.

long term, the warrants should outperform the stock even if it took 10 years for the stock to hit 50 you make 5x on the stock, about 10x on the warrants playing around with the model, it's not hard to see the stock going to 100 in ten years if you assume they keep some debt and refinance you make 30x on the warrants, 10x on the stock