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Thread: Friday 1.18.13 Give me Liberty......

  1. #1
    radejs is offline
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    Friday 1.18.13 Give me Liberty......

    Liberty now has majority share, in control, up 2 cents PM to 3.16


    http://www.reuters.com/finance/stock...rticle/2676270

  2. #2
    radejs is offline
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    If Liberty stops buying, what happens to the stock price?????

    They HAVE been buying at 3.15 per Dow Jones/Reuters article above

  3. #3
    yoda4x4 is offline
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    That's tough to say. On one hand without Liberty buying, it removes the demand for shares that Liberty was providing. But on the other hand, it removes some uncertainty surrounding when Liberty is going to buy the shares. In other words... I have no clue what's going to happen with the sp LOL.

    David

  4. #4
    just sirius is offline
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    Liberty wants their $$ back...they will begin the buyback ASAP...should lead to new buyers...and a rising sp!

    JS
    PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG

  5. #5
    yoda4x4 is offline
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    It seems like the market is liking the news because the last I looked, SIRI was up .04 in PM to 3.18.

    David

  6. #6
    Redcloud is offline
    Run doggy run!!!
    Suck Eggs Shorty!!!

  7. #7
    siriusly_invested is offline
    Quote Originally Posted by just sirius View Post
    Liberty wants their $$ back...they will begin the buyback ASAP...should lead to new buyers...and a rising sp!

    JS
    Can someone please try to open my mind and eyes to the logic of how a buyback translates to Liberty getting their money back? I realize fewer shares in circulation drives up the sp. So, does that mean that after the price reaches a higher level then Liberty sells shares to recoup their investment? For some reason I'm just failing to see that picture............. but I'm certainly in favor of the price being driven up.

  8. #8
    nytimbo58 is offline
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    It always seem with forward purchase contracts for earlier purchases by liberty the SP was held in check by MM's for Liberty benefit. Maybe now that they are done for the time being SP may be allowed to perform on its own, meaning higher based on all good things going on.

  9. #9
    switchflare is offline
    Quote Originally Posted by siriusly_invested View Post
    Can someone please try to open my mind and eyes to the logic of how a buyback translates to Liberty getting their money back? I realize fewer shares in circulation drives up the sp. So, does that mean that after the price reaches a higher level then Liberty sells shares to recoup their investment? For some reason I'm just failing to see that picture............. but I'm certainly in favor of the price being driven up.
    Liberty will sell back some of their shares but keep their ownership percentage intact. Buybacks usually come at a premium and they'll pocket that premium. When all is said and done, they'll probably get back every dime that they originally put into buying shares and still be the majority owner. They'll be laughing all the way to the bank and saying...thank you Mel for the free multi-billion dollar company.

  10. #10
    switchflare is offline
    Anyone else lightening up share count on this surge on options day? Or everyone just going to sit back and enjoy the ride?

  11. Ad Fairy Senior Member
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