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  1. SiriusXM - Jason is offline
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    03-06-2009, 02:34 PM #21
    Quote Originally Posted by Demian View Post
    I'm right here and very happy!

    I stepped outside for minute and the news broke while I was outside on the porch.....
    you should step out more often! ;-)

  2. SiriusXM - Jason is offline
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    Joined: Nov 2008 Posts: 37
    03-06-2009, 02:38 PM #22

    Can someone clarify...

    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!

  3. Wirestripper is offline
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    Joined: Mar 2009 Location: Arkansas, USA Posts: 137
    03-06-2009, 02:38 PM #23
    Here comes the short squeeze!

    Or it sure looks like one...........

  4. sxminvestor is offline
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    03-06-2009, 02:39 PM #24
    Quote Originally Posted by SiriusXM - Jason View Post
    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!
    It's chump change now, they will pay balance with cash on hand when time comes.

  5. sxminvestor is offline
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    03-06-2009, 02:42 PM #25
    Quote Originally Posted by xitvp View Post
    I think it's going to take a little time for the news to be digested and analyzed. You also probably have a bit of a sell off. Once all this is done, hopefully we'll see a nice pop.
    I bought another 15000 shares at .14, now hold 140,000 so this better start paying off so I can get some of my massive losses back.
    I think we do a slow climb as shorts unwind out of this. They will try to hold down to get out slowly.

  6. sl62 is offline
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    03-06-2009, 02:43 PM #26
    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...

  7. sl62 is offline
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    03-06-2009, 02:47 PM #27
    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!!!

  8. JohnnyIrishXM is offline
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    Joined: Feb 2009 Location: Valley Forge ,PA Posts: 1,583
    03-06-2009, 02:53 PM #28
    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

  9. Wirestripper is offline
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    Joined: Mar 2009 Location: Arkansas, USA Posts: 137
    03-06-2009, 02:56 PM #29
    Quote Originally Posted by sl62 View Post
    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!!!



    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.

  10. Demian is offline
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    Joined: Oct 2008 Posts: 2,320
    03-06-2009, 03:02 PM #30
    Don't let the head fakes confuse you.........SIRI be going higher!

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