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Thread: SIRI Intraday Thread: Monday May 11

  1. #41
    stkdn is offline
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    Just a bit frustrated today....Sorry.this stock should be at 1.00

  2. #42
    Siriusowner is offline
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    Quote Originally Posted by stkdn View Post
    Just a bit frustrated today....Sorry.this stock should be at 1.00
    Simple question: Why ?

  3. #43
    relmor2003 is offline
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    Quote Originally Posted by Siriusowner View Post
    Simple question: Why ?
    Why not higher? I agree, $1 is too low. Because they made more money than they lost last quarter, minus the liberty writedown. WIll full dilution 9 billion is still undervaluing this company. 12 billion as a merger of equals. Now its under 2 billion as a merged cost saving monopoly. I used the 9 billion shares in dilution to stop any further attempts on that angle.
    Heres my favorite reason...
    If they get to 17 million self pays, and over $11 on ARPU, this company is worth $2 a share. Do you see these things as possible? Me too.....

  4. #44
    trippingthespeculatingpos is offline
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    http://uk.reuters.com/article/market...47519520090511

    dont know if any1 has posted this but short interest had gone down some at the end of april.

  5. #45
    S50Fan is offline
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    lol But who's still leading the pack as the most shorted stock out there? SIRI, as usual.

  6. #46
    lloyd Handwerker is offline
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    Quote Originally Posted by relmor2003 View Post
    Already out. No bk. Confirmed by news yesterday. "Expert says GM bk ineviatable". Therefore, using my news media knowledge.....
    No bk.... They already told you. Guarantee bk./....
    NO BK....

    Im going with no, on the Bk for GM. Chrysler is not GM.
    There you go Reimor. Found it.
    Johnny you were even more ridiculous saying you can bank on GM not
    going bankrupt. Check on May 12.

  7. #47
    relmor2003 is offline
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    Quote Originally Posted by lloyd Handwerker View Post
    There you go Reimor. Found it.
    Johnny you were even more ridiculous saying you can bank on GM not
    going bankrupt. Check on May 12.
    O, I was just reading the news. See, I had proof to back up my claims. Wasnt pulling it out of my ass. Listen, I cant stay here and debate this, Im off the clock bro. Not getting paid for this right now...
    PEACE!!!!
    And the emotes....
    Thanks for your hard work looking that up Lloyd. Hope you had a nice time finding that. BANK ON IT BABY!!!

  8. #48
    lloyd Handwerker is offline
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    Quote Originally Posted by relmor2003 View Post
    O, I was just reading the news. See, I had proof to back up my claims. Wasnt pulling it out of my ass. Listen, I cant stay here and debate this, Im off the clock bro. Not getting paid for this right now...
    PEACE!!!!
    And the emotes....
    Thanks for your hard work looking that up Lloyd. Hope you had a nice time finding that. BANK ON IT BABY!!!
    Of course "bank on it" has an entirely different meaning in todays BANKING
    climate. It's a double negativr meaning GM will definitely go BANKRUPT!

  9. #49
    JohnnyIrishXM is offline
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    Quote Originally Posted by lloyd Handwerker View Post
    Well i was essentially quoting from yesterday's headline which said it would be next to impossible to avoid Chryslers fate. Too little time to do otherwise. Like said before lets wait and see.
    By following the Chrysler model I am talking about a "quick" bankruptcy.
    It won't be a quick BK like Chrysler which was my point,it will be a gov't bailout like AIG,not real BK..and if bond holders hold out,which i would too,GM has too much assets to not pay off bonds at least better than being offered.
    It will be long and complicated procedure,but they will continue to make cars while they hash it out..Again not a true or quick BK.that was my point..
    But i really didn't think it would get this far tho..have to admit..

  10. #50
    relmor2003 is offline
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    Quote Originally Posted by JohnnyIrishXM View Post
    It won't be a quick BK like Chrysler which was my point,it will be a gov't bailout like AIG,not real BK..and if bond holders hold out,which i would too,GM has too much assets to not pay off bonds at least better than being offered.
    It will be long and complicated procedure,but they will continue to make cars while they hash it out..Again not a true or quick BK.that was my point..
    But i really didn't think it would get this far tho..have to admit..
    Ill admit I was wrong if they do. Surprised as well. After the Chrysler one, I would have thought GM would want to avoid that. What I didnt factor in was the low ball offer by the governement, ensuring that the government may WANT bk here. Makes them more involved and easier to transition. Never in my life thought GM would file BK. Airlines are one thing....

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