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Thread: when's mel going to buy some more shares..?

  1. #1
    m4svt is offline
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    when's mel going to buy some more shares..?

    that would really show confidence with this 2 bazooka joe bubble gum price. i know he was restricted to buy before the merger, but how about now? and does anybody have the dates he bought in the past handy? thanx.

  2. #2
    Sworntwofun is offline
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    Mels last purchase

    Quote Originally Posted by m4svt View Post
    that would really show confidence with this 2 bazooka joe bubble gum price. i know he was restricted to buy before the merger, but how about now? and does anybody have the dates he bought in the past handy? thanx.
    08/04/08 KARMAZIN MEL, Chief Executive Officer Purchase Direct $2.75M
    2Mil @$1.37 -has a total of 8.53 M

  3. #3
    Demian is offline
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    Mel could really lower his cost basis down here...

    What is Mel's average cost basis on his SIRI shares?

  4. #4
    Sworntwofun is offline
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    Some insiders buying Sirius

    Quote Originally Posted by Sworntwofun View Post
    08/04/08 KARMAZIN MEL, Chief Executive Officer Purchase Direct $2.75M
    2Mil @$1.37 -has a total of 8.53 M
    They are not large purchases but there is some buying going on...

    12/23/08 ALTMAN, DARA F
    Executive Vice President Buy 2,561 0.12 1,200,609 total

    12/23/08 RHYU, JAMES JEAHO
    Chief Accounting Officer Buy 904 0.12 507,581 total

    Insider Trading SummaryFor the last 12 months of available data, there have been 2,003,465 shares bought and 359,314 shares sold in insider transactions. Net: 1,644,151 bought.
    I see that now if they were bought for tax liability they say just buy, an Mels purchase says Privite buy... Thanks for the correction
    Last edited by Sworntwofun; 01-17-2009 at 01:44 PM.

  5. #5
    homer985 is offline
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    Sworntwofun... those weren't regular purchases -- those were purchase/sales of vesting share grants to pay for the tax liability on those vesting shares.

    The documentation can be a bit misleading.
    Last edited by homer985; 01-17-2009 at 01:04 PM.

  6. #6
    HD303 is offline
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    I imagine he could better use his own money to pay off the debt, rather than buy stock.

    How much is he worth anyways?

  7. Ad Fairy Senior Member

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