Denominator bounds in Thompson-like groups and flows
  Let T denote Thompson's group of piecewise 2-adic linear homeomorphisms of the circle. Ghys and Sergiescu showed that the rotation number of every element of T is rational, but their proof is very indirect. We give here a short, direct proof using train tracks, which generalizes to PL homeomorphism of the circle with rational break points and derivatives which are powers of some fixed integer, and also to certain flows on surfaces which we call "Thompson-like". We also obtain an explicit upper bound on the smallest period of a fixed point in terms of data which can be read off from the combinatorics of the homeomorphism 
Danny Calegari