They would not pay that, but I'd I might retire to an island if that news came out.
Thanks for the dream :thumbsup:
Type: Posts; User: sxminvestor
They would not pay that, but I'd I might retire to an island if that news came out.
Thanks for the dream :thumbsup:
Tripping - thanks for the article.
Yahoo just posted another one if you can get that also. They are on a friggin roll.
Anyhow, at least there is finally some clarity to what has been going on....
Does anyone have the Wall Street Journal subscription to post this new article in full:
http://online.wsj.com/article/SB123388180101154945.html?mod=yahoo_hs&ru=yahoo
I think they wil be alright either way. The important thing right now is that we're now bidding .16 + - hope it holds gettiing closer to market opening. We could be seeing a major short-squeeze here.
I agree they can take out Feb Debt with cash, but this is not what they want to do because it would leave them a bit low on $ to operate. I read that they still have access to a 250M line of credit...
1st few trades on Etrade have pushed price to .15, so far so good.
You never know, we could have a short covering rally if it's just seen as an investor.
What's one more sleepless night.
I don't know, but the stock could be up tomorrow on this news, especially with Mel's relationship with Joe Clayton. Joe was the CEO of Sirius until he hired Mel & then he went to BOD of Sirius and...
http://sats.client.shareholder.com/secfiling.cfm?filingID=1193818-08-4
I think everybody has forgotten who is on now on the BOD of Echostar (Joe Clayton) Clayton signed Howard Stern, the NFL and hired Mel Karmazin.
This could be a deal Mel is cutting with Joe and why...