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  1. vaporgold is offline
    vaporgold
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    03-16-2009, 03:14 PM #31
    Quote Originally Posted by just sirius View Post
    Vapor

    I believe that Homer has posted on more than one thread that due to covenants in many of the lending agreements that XM has, the company cannot buy back any stock until these bonds etc have been repaid!!!! A buy back would be great. But not happening in the next 5 years IMHO
    Just Serious....
    Thanks for the info. Then do the next best thing, accumlate money and show it on the books.

    imho
    vaporgold
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  2. just sirius is offline
    just sirius
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    03-16-2009, 08:10 PM #32
    Vapor

    If they would just begin paying down debt, even if it is a relatively small amount. Would give some investors more confidence in the company! As long as they cont to extend the debt, we will forever be dealing with the increased manipulation. IMHO
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