SIRI Intraday Updates for the Week of 1/05/2009

[trippingthespeculatingpos]

any1 seeing this huge ass trades going in after hours

[trippingthespeculatingpos]

23404 0.1312 668800.0
23404 0.1312 668800.0
23419 0.1312 358000.0
23419 0.1312 270900.0

[Demian]

Jan. 5, 2009 Market Close: $ 0.1312

After Hours Trade Reporting

After Hours
Last: $ .13
After Hours
High: $ .1319
After Hours
Volume: 669,457
After Hours
Low: $ .1299

After Hours
Time (ET) After Hours
Price After Hours
Share Volume
16:21 $ .13 7,000
16:20 $ .13 3,000
16:08 $ .1319 650
16:08 $ .1312 2,000
16:06 $ .1299 274,932
16:05 $ .1299 29,800
16:04 $ .1312 274,932
16:03 $ .1299 76,300

[trippingthespeculatingpos]

was hoping you would come in and do it right heh, demian for the win!

[Sworntwofun]

Unregistered Sales of Equity Securities.

We have agreed to issue an aggregate of 45,200,000 shares of our common stock, par value $0.001 per share, in exchange for $6,000,000 principal amount of our 2½% Convertible Notes due 2009 (the “2½% Notes”) beneficially owned by institutional holders. After giving effect to these exchanges, $187,588,000 aggregate principal amount of the 2½% Notes remain outstanding. Long sirius

[Sworntwofun]

It seems like today was a good day for Sirius...Lots of action...Started with the .15 pre market, Then even CNBC News could of been better, it still was a positive for exposure.....The auto industry not quite as bad overall as expected...Sirius on the Iphone App...Sirius on the Blackberry, Sirius finalizing the deal with Audiovox...and then the Shares issued th pay down some of the debt.. Keep it up...Long on Sirius...

[Demian]

http://biz.yahoo.com/e/090105/siri8-k.html

Form 8-K for SIRIUS XM RADIO INC.

5-Jan-2009

Unregistered Sale of Equity Securities


Item 3.02 Unregistered Sales of Equity Securities.
We have agreed to issue an aggregate of 45,200,000 shares of our common stock, par value $0.001 per share, in exchange for $6,000,000 principal amount of our 2�% Convertible Notes due 2009 (the "2�% Notes") beneficially owned by institutional holders. After giving effect to these exchanges, $187,588,000 aggregate principal amount of the 2�% Notes remain outstanding.

We will not receive any cash proceeds as a result of the exchange of our common stock for the 2�% Notes, which notes will be retired and cancelled. We executed these transactions to reduce our debt and interest cost, increase our equity, and improve our balance sheet. We may engage in additional exchanges in respect of our outstanding indebtedness if and as favorable opportunities arise.

The issuance of the shares of our common stock will be made pursuant to the exemption from the registration requirements of the Securities Act of 1933, as amended, contained in Section 3(a)(9) of such Act.

[Demian]

SIRI closed above the trendline today.....look at this chart.

http://investorshub.advfn.com/boards...ge_id=34504413

[Siriusowner]

SIRI closed above the trendline today.....look at this chart.

http://investorshub.advfn.com/boards...ge_id=34504413

I agree, bullish. Get ready...it still needs more volume though.

Another signal is that S&P downgraded SIRI on 12/30/08 based on all the BS from the 2nd part of 2008 and their "outlook" for 2009 (which is already priced in). See my posting.

[trippingthespeculatingpos]

welcome to the darkside s.o.