ok so as I read it:
$100M of the $350M May debt is paid and the remaining $250M has been refinanced and
$150M of the $227M (approx) of the Dec debt has been paid with the 2nd half of Libert's deal, leaving $77M or so still due.
...and Mel has stated that all 2009 debt is behind us because he has enough cash to cover the rest of the Dec debt.
I'm confused and looking for clarification, thanks anyone!
Here comes the short squeeze!
Or it sure looks like one...........
BRANDON...(yes this post will be in all caps)
YOU LOOK LIKE THE BIGGEST FOOL ON THE PLANET EARTH MY FRIEND. YOU GOT SUCKED UP BRO!!!! EATEN FOR BREAKFAST, LUNCH AND DINNER. I HOPE IT WAS ALL WORTH IT YOU NUTCASE!!!
WE STOOD TALL AGAINST YOU AND OUR SIDE WON BECAUSE WE HAVE INTELLIGENCE ON OUR SIDE. Thank you...
Guys and Gals...
Just remember MM's and 2014 hedge still own this SP...give it time to untangle. MM's might try a delay tactic first...eventually we will pop though. Hang tight. This is of course the best news we've gotten in a while. It breaks the log jam but it may not be instant riches..just mentionng. Way to go Mel and Liberty!!! It's a deal made in heaven and great for both parties!!!
heavy hitters coming in now At 1:52 with 3.5 mil sell and 5.5 mil buy orders.
day traders and shorts are getting out,but it will be a slow steady climb for quite a while with som 5-10% pull backs
Excellent advisory..........
Looks like they have regained control and are trying to keep it at .14 for now.
Patience is a hard thing, but must be used for this stock. It is flat out weird and unpredictable on most trading days.
I made my errors over the years, and I can't tell you how many times I made a emotional mistake.
Don't let the head fakes confuse you.........SIRI be going higher!