Didn't this happen last year when SIRI was in it's post-merger plummet and $1.37 was the current market price? If so, then I am sure he'd like to have his money back. I would guess that it was an effort by Mel to shore up confidence in the stock and the company but, in retrospect, it was kind of like the $700 Billion that the Bush admin threw into the economy. Just a spit in the ocean.....
BTW SXMinvestor: Don't worry, A lot of us know the difference.