Ray, I was checking it out and they are buying big chunks of SIRI. Thanks for the great information about that site, I appreciate it.
Big institutions have been buying it late last week.
I agree with Tripps and yourself....they are not buying it for a loss.
There are a lot of big scare tactics going on. They want to buy the stock back.
Here is an example of one stock that I own (CY) Cypress Semiconductors. They fell to $2.00 from multiple tens.....The CEO was on FOX (don't need any comments) and he was so pleased that he had been able to buy 20% of the stock back. Hint Hint.....Today it is at $5.36 and has been much higher. I have made out like a raped ape with it and will not sell it no matter what.
Is there a lesson there? You and Tripps both have a good handle on the situation.