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Thread: Can someone explain the "$4.88 billion dollar loss after charge"

  1. #11
    Newman is offline
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    Joined: Jun 2007 Location: Dallas Texas Posts: 1,162
    I completly understand that Siriusowner. I have been invested in this security for quite some time...

    But all of the headlines read "Sirius Reports $4.88 Billion loss" and some articles do not even MENTION the 0.09 cent a share loss.

    But next quarter, they wont even mention the 4.88 billion loss, and instead focus on the small numbers. Thats why they are scumbags...

  2. #12
    Siriusowner is offline
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    Joined: Nov 2008 Location: The Oil Patch, Texas Posts: 922
    Quote Originally Posted by Newman View Post
    I completly understand that Siriusowner. I have been invested in this security for quite some time...

    But all of the headlines read "Sirius Reports $4.88 Billion loss" and some articles do not even MENTION the 0.09 cent a share loss.

    But next quarter, they wont even mention the 4.88 billion loss, and instead focus on the small numbers. Thats why they are scumbags...
    Actually, you are right, they are scumbags... Wall Street for short.

  3. Ad Fairy Senior Member
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