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justsirius: That is how the WSJ wants you to feel about Sirius. They hate them. When was the last positive article you read from the WSJ about SIRI?

sxminvestor: That is an excellent point, but...

If Ergen is using his own money, then the WSJ article is wrong because it said that Echo was buying the debt, not Ergen. It would be two completely different scenarios...

It is amazing how one little article can panic an entire site...

It is also amazing how quickly we came up with some answers... I am willing to bet money that the market is not nearly as quick as...

It is not necessarily a bad thing, but has the potential to be crushing to current shareholders. From what I have seen thus far in their financials, I feel more comfortable with my investment. I do...

According to the 10-Q released on November 10th, 2008 the company has 329 million in cash on hand and current usable assets of 1.02 billion.

Not sure where the Yahoo poster is getting 1.4 billion.

Still trying to find a decent copy of the 10Q so I can read up on details.

Interesting thing I found when going through the press releases: Joseph Clayton (one of the founding board members of...

About the lifetime sub: I was being dramatic, Sorry. Nothing would happen to it. The companies would keep operating even through BK.

No, they would not have to report it.

It is considered normal business investing, because they are not actually buying shares of the stock. You only have to report if you have entered into a...

Wow, I read alot into that that was actually in the article.

So we have a failed businessman with multiple failing businesses trying to buy debt in Sirius to potentially take over the company... ...

They are buying debt, not shares. You have to have a significant amount of shares in order to have even a minority interest in a company, let alone controlling interest. He might use it to get a...