Results 1 to 4 of 4

Thread: 24/7 Wall street report

  1. #1
    RickF is offline
    Enthusiast
    RickF's Avatar
    Joined: Oct 2008 Posts: 187

    24/7 Wall street report

    Reiteration of the slides but the last few lines of the story are perhaps telling???

    Shares are trading up 10% on this data, but shares are still only trading at $0.142 because the share prices are so low.

    We still view this as an at-risk stock. The reverse split is something that the company cannot likely get around, but this strategy rarely works. Mel Karmazin may also need to leave as one of our own 10 CEOs TO GO FOR 2009, but he may still try to take this private. Stay tuned.



    http://www.247wallst.com/2008/12/sirius-outlines.html

  2. #2
    trippingthespeculatingpos is offline
    Guru
    trippingthespeculatingpos's Avatar
    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    worthless article

  3. #3
    Demian is offline
    Mentor
    Demian's Avatar
    Joined: Oct 2008 Posts: 2,320
    Those 24/7 wallstreet people are a bunch of bashing hacks....

    They repeatedly bash with inaccurate numbers like saying that 300 million is due in Feb. '09 - when it is actually 210 million. They also say that the stock has traded below 10 cents, which is misleading because it was a single small trade that went through way below the bid and the ask. I could put in an order to sell 100 shares at a penny, but does that mean the stock is trading at a penny?

    Complete rubbish.....

  4. #4
    trippingthespeculatingpos is offline
    Guru
    trippingthespeculatingpos's Avatar
    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    and then they say he may take it private, what proof do you have to say this? does this guy consider himself a journalist? Cant help but think the nab's money is behind most of these article's. They know they have to kill siri to survive long term.

  5. Ad Fairy Senior Member

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •