"Satellite Radio Is Dead" says Datamation writer
Datamation writer Mike Elgan today laid out why SatRad's demise is on the horizon. Read his article at the link below and, before replying to this post, reply directly to Elgan. The webpage containing his article has a reply feature.
Long SIRI and not loving it.
http://itmanagement.earthweb.com/fea...io+Is+Dead.htm
your 11k investment and reverse split
Quote:
Originally Posted by
SiriusHope
GUYS…I am in F@%#&*G shock tonite. i was gone all day and did not find out we are at .16 til i got home tonite. I can’t add anymore than what has been posted today by others. What can we do but hope we rise from this F%$#@^&G mess of shit. My $11k investement is worth a paltry $1798.20 tonight. How pathetic is that?
Think about it...if the reverse split happens, it is going to be a lot less. I am by most standards a small investor but it is my life savings and my investment (at a minimum of 1-10 reverse split) will go from 45K to $1,100. I have already sent in my proxy voiting against everything. Looks like we need a change. I am wondering if the extension to delisting by the SEC up to the middle of January is going to help us, if the stock is not over $1.00 then the reverse split will probably take place. I called investor relations recently and that was a wasted phone call. We can only hope and pray that things get b etter.