I can't imagine what would have happened without the merger.
Last edited by voogru; 07-29-2008 at 10:01 AM.
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.
I feel raped
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?
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
333 percent annualized return... Slightly higher than my CD at the bankNevertheless, 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
Zcurzan:
The fire ball by the looks it hitiing the Atlantic ocean, north of Argentina, close to Uruguay and Brazil.
MJ
Is anyone astounded by the level of volume? I mean, somebody is getting a tremendous bargain. 85 million shares in 45 minutes.
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?