Does anyone know the current Short Number (ie number of shares & days to cover)? 8+ days worth of volume would indicate to me that a whole lot of shorts covered. I doubt any hedge funds would have been buying today. I mean SiriusXM is already controlled by Malone (52%) so their is little to gain and much to lose if the deal falls apart.
Exactly what I was thinking Brian, if I may speculate. What if the offer was only to drive the price up? So what if the deal isn't reached, mission accomplished, Liberty is making their money...Which way would Malone stand to make the most money? $3.68 my Azz!!! Why would they beat the, "We think SiriusXM would make a great stand alone company!!!" Drum!!! Only to offer us a measly $3.68....(To me that's an insult to everyone that has ever hung toughThey know they will never get that, unless they use criminal terms. As I said from the beginning, Fuch $3.68!!! I feel a short squeeze a coming!!! We'll know tomorrow...
Just wait til Siri starts dropping the beginnings of the 2 billion buy back bomb, we still got some bullets, I think we need Icahn!!! This whole deal is Bullskit. imo. I say Fuch the deal!!! It ought to be good tomorrow unless Meyers gets down on his knees! If so, this is the biggest crock of skit and illegal activity ever on a grand scale. I think he was the inside guy all along, that's why Mel (Love him or hate him, got the boot). all I know is I'm not fixing to let what I originally invested in get bought for pennies on the dollar by no-one, as long as they leave us a stand alone company, I have no problem. I vote NO, pretty much on any takeover attempt, leave us alone, and enjoy your profit!!!
"@Denco, I think we got our answer... The dog's getting off his AZZ on Monday!!! "
While I'm speculating, who all would like a satellite phone? Surely the FCC or competition wouldn't allow Liberty Media/Malone to take what took them over 18 mths to decide on a merger for pennies? The SEC will be investigating, they don't want that publicity. This deal is a no go!!! And planned!!! Testing the waters!!! Imo
RC.....ummmm I think the shorts covered today.
And he was the one who drove the SP down. He tells Meyer to say nothing about anything last time he spoke and we go down 20%. He runs the show. I don't subscribe to that theory.
I sold my 3.41s at 3.95 in pre and another one didn't go thru at 3.97. Can't understand why. Just taking money out of my pocket.
Nice trade Sundeeez, you can't beat that with a stick. So you saying we are going down now that shorts covered? I got my core, I'm holding it no matter what happens. I surely don't blame you for selling $3.41's. But I wouldn't think we are down from here, if we do, it was Meyers fault tomorrow, and we will all know what that means:mad: Lets hope for the best!!! You never know with SIRI, we all know it's full off surprises!!!
Awesome Wolfe, Nice call brother!!! Glad to have people like you around, Thx:cheers:
Their probably still cleaning out their underwear!!!;)
It's a win win situation for Malone, either way he's gonna make backoodles of money!!! I think this offer is Bullskit!!! It's almost funny...that's what gives it away
Anybody besides me thinking Siri was buying like a muthersucker today?
TheDog popped BIGWOOD this week for sure RC:money:..congrats to you and THELONGS
@Wolf..Bought back those 3.76s I sold Friday at 3.70 late in AH Friday...and added a few more too. Sold those today at 3.96 and 3.99 PM...bought those back at 3.86 and 3.82. Sold a few of those at 3.87 AH today. Will look to pick those up at 3.84 if possible early....if not....oh well, still have MYLONGCORE. Tomorrow should be interesting trading with the presentation. 3.92 seems to be next on the list of targets for the MMs during the regular session.....GLTOTHELONGS
EDIT: We need to hold over 3.85 first....