Nice to see everyone here.
Type: Posts; User: howzzat
Nice to see everyone here.
SIRI will close red today. Hope I am wrong....Long SIRI
The following is from the notification of late filing...
"Management has not yet completed its evaluation as to whether substantial doubt exists relative to the Company’s ability to continue as a...
I am holding for now. I have a substantial stake with a high cost average of $1.07. But I do agree with Bill so I will be watching closely.
If this report is true, then Mel is a truly a genius. Good news for all of us.
Trippin,
You are correct. Charter had a much larger debt as compared to SIRI.
I hear you SXMinvestor. I am down over $ 100k on this stock too. I will hold onto my 120,000 or so shares for now. I still have faith. I do not believe that BK will happen. I hope I am right.
"One thought that jumps out at me regarding Karmazin, Ergen and bankruptcy...
Now that there are somewhat credible reports - reported in the WSJ - that Ergen offered to take over the company last...
Trippin,
They did say that they would get rid of all 2009 debt by March. But then that doesn't mean anything...Mel says a lot of stuff but does not deliver.
Newman,
Did you sell your SIRI shares? Your disclaimer used to say Long SIRI and now says No Position.
The Giants, of course
55000 at an average of approx 2.20.
Eric: I feel your pain. If its any solace, there are others on this board in the same boat.
Do you think we will hear anything substantial about the refinancing of the debt on Monday? or will it be more of the vague stuff, we are in discussions etc etc. I believe it will be the later and...
Voted no for R/S and no for dilution