That is the % of the fully diluted share count or in other words including LMCAs 53%
53 + 29 = 82% held by institutions, one of them being LMCA.
Only 18% available in the float EDIT held by retail. That is pretty impressive IMO.
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@wolf... you mean for Sirius XM? Seems kind of low for Sirius. I wonder what is going on ? Any ideas?
Rough break down as follows:
Total shares outstanding>>>>>>>>>>>>>>>>>>6.2 BN...roughly
Total position held by LMCA>>>>>>>>>>>>>>>>3.28 BN...roughly
Total held by institutions>>>>>>>>>>>>>>>>>>1.785 BN http://www.nasdaq.com/symbol/siri/in...ional-holdings
Total left for the REET>>>>>>>>>>>>>>>>>>>>1.135 BN....roughly
EDITED.....for a bit more accuracy
I agree......:clap:.....:money:
EDIT2: So, if someone wants to buy shares they will have to buy them from the small EDIT: relatively speaking - REET pool!!!:sunny:
Sure thing Bass!....tks for the confirmation.
Full disclosure....sold my 3.78s at 3.78 for the wash.
Also initiated a small AAPL short at $501.00 for funzies.....may cover at any second....:scared:
THEDOG is on the prowl SIRILAND!
http://www.bloomberg.com/news/2013-0...tml?cmpid=yhoo
http://finance.yahoo.com/news/sirius...110000186.html