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Thread: Stock Price...

  1. #1
    voogru is offline
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    Stock Price...



    I can't imagine what would have happened without the merger.
    Last edited by voogru; 07-29-2008 at 11:01 AM.

  2. #2
    zcurzan is offline
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    What is that hitting? The right coast of Africa?

    Yep, just my luck. Instead of an instantaneous crushing firey death I get to try to survive on the barren, charred remnants of North America and slowly starve.

  3. #3
    JasonL is offline
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    I feel raped

  4. #4
    zcurzan is offline
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    I understand your sentiment. But just be careful how you use that phrase I know a lot of victims who are pretty offended by it. You took a temporary hit to your portfolio, maybe a couple thousand dollars. Do you really want to compare that?

  5. #5
    marcela is offline
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    Red face

    Hi!

    Please don't quote me on anything, but what I think is that b/c SIRI is giving the 4.6 shares to XM holders today, they are lowering the price of the shares . Also SIRI has a sell of 183.7 of its shares at 1.50. That is what I understand and I read it on TDwaterhouse.


    This is the last part of the report I copy and paste for you guys

    Nevertheless, Wible holds a buy rating on Sirius with a price target of $6.50 based on the potential for cost savings after the merger from synergies between the two companies

  6. #6
    zcurzan is offline
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    Nevertheless, Wible holds a buy rating on Sirius with a price target of $6.50 based on the potential for cost savings after the merger from synergies between the two companies
    333 percent annualized return... Slightly higher than my CD at the bank

  7. #7
    marcela is offline
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    the fire ball

    Zcurzan:
    The fire ball by the looks it hitiing the Atlantic ocean, north of Argentina, close to Uruguay and Brazil.
    MJ

  8. #8
    Seamless82 is offline
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    Is anyone astounded by the level of volume? I mean, somebody is getting a tremendous bargain. 85 million shares in 45 minutes.

  9. #9
    zcurzan is offline
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    Quote Originally Posted by marcela View Post
    Zcurzan:
    The fire ball by the looks it hitiing the Atlantic ocean, north of Argentina, close to Uruguay and Brazil.
    MJ
    haha good eyes

    south america does make a very small africa now that you mention it.

  10. #10
    seraphim77 is offline
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    Yes, the volume is staggering. 165 million shares as of 9:00 am PST. The post merger "buying frenzy" we anticipated is going on but there are so many stocks being sold the price has dropped again. So, will someone tell us if this is at least partically due to the 187 million shares being shorted as part of the financing deal?

  11. Ad Fairy Senior Member
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