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Thread: SIRI Daily Thread Mon 3.4.13 - Manic Monday!

  1. #21

  2. #22
    Faulkner_SA is offline
    cmon shorts.... cover right into others shorting

  3. #23

  4. #24
    Redcloud is offline
    Quote Originally Posted by Faulkner_SA View Post
    Eh... I'll give us a $3.20 hit today. Close at or near HOD. Gotta get back to work will check back later

    This market is gonna chew up the bears and spit them out short term I think....
    Nice call Faulkner, I Likey

    We all dressed in black, we snuck up around the back, we began to attack, the EGGS did crack on "SHORTIES" back.

    Real fun, I'd say
    Last edited by Redcloud; 03-04-2013 at 04:08 PM.
    Suck Eggs Shorty!!!

  5. #25
    MLSiri is offline
    Here's a news flash: none of the 7%'ers converted! From the Form SC TO-I/A filed today:

    The Bank of New York Mellon, the Exchange Agent for the Notes, has advised the Company that as of March 1, 2013, none of the Notes have been tendered pursuant to the Purchase Right and $502,370,000 aggregate principal amount of Notes remain outstanding (after giving effect to exchanges of the Notes).

    Pursuant to the terms of the Indenture, the Exchange Rate (as defined in the Indenture) for the Notes has reverted to 543.1372 shares of Common Stock per $1,000 principal amount of Notes (subject to subsequent adjustment as provided in the Indenture).


    http://investor.sirius.com/secfiling...93125-13-89865

  6. #26
    denco1 is offline
    Mentor
    denco1's Avatar
    Joined: Nov 2012 Location: Shortie's A$$ Posts: 1,465
    Quote Originally Posted by MLSiri View Post
    Here's a news flash: none of the 7%'ers converted! From the Form SC TO-I/A filed today:

    The Bank of New York Mellon, the Exchange Agent for the Notes, has advised the Company that as of March 1, 2013, none of the Notes have been tendered pursuant to the Purchase Right and $502,370,000 aggregate principal amount of Notes remain outstanding (after giving effect to exchanges of the Notes).

    Pursuant to the terms of the Indenture, the Exchange Rate (as defined in the Indenture) for the Notes has reverted to 543.1372 shares of Common Stock per $1,000 principal amount of Notes (subject to subsequent adjustment as provided in the Indenture).


    http://investor.sirius.com/secfiling...93125-13-89865
    I am surprised that not 1 holder took the bait. What about a scenario where the note holder decides to keep the notes because he plans on staying long the stock after he collects the 7% coupon until expiration and at the same time covers the short position now so that when it is not all said and done, instead of a wash for the holder aside from the coupon he actually gains on the increase of the SP with an SP cost basis of 1.84.

    In fact, if I am MaloneCo and SIRI I tell them to keep tha damn notes but that they better cover their shorts because "we will continue to defend the SP through strategic buys" and "you peices os shit will never get the chance to cover under $3 again"....... and finally, " I on you 7% bond holding BITCH"............

    EDIT: Now he is surely screwed on the short position at this time but it could get worse..........so, cut your loses you short peice of sh@#t.

    EDIT: And finally, FK it and let them take those bonds to Exp. while inflciting as much pain to the upside for the short position as possible........DONKEYDONGSTYLE
    Last edited by denco1; 03-04-2013 at 07:25 PM.

  7. #27
    Redcloud is offline
    Quote Originally Posted by denco1 View Post
    I am surprised that not 1 holder took the bait. What about a scenario where the note holder decides to keep the notes because he plans on staying long the stock after he collects the 7% coupon until expiration and at the same time covers the short position now so that when it is not all said and done, instead of a wash for the holder aside from the coupon he actually gains on the increase of the SP with an SP cost basis of 1.84.

    In fact, if I am MaloneCo and SIRI I tell them to keep tha damn notes but that they better cover there shorts because "we will continue to defend the SP through strategic buys" and "you peices os shit will never get the chance to cover under $3 again"....... and finally, " I on you 7% bond holding BITCH"............
    I always heard Malone was a ruthless Muetherfuecher,
    Denco, pass the Mack, and let me hitem in the back!!!

    Explicit!!!


    3-4-13.png

    In case anyone doesn't know, that is the song that got Tupac killed!!!
    I'm sure no-one knows why I post videos, If your invested in Siri, that's what your invested in,.... content. If you don't like HS, turn the channel. I just keep it real, with what I think, I think that's what's expected from all of us, let the chips fall where they may. GLA
    Last edited by Redcloud; 03-04-2013 at 07:55 PM.
    Suck Eggs Shorty!!!

  8. #28
    Redcloud is offline
    Disclosure: Shaved some at $3.19, just so I could pop them Beotches again when they think they feel some headwinds, possibly tomorrow.
    Suck Eggs Shorty!!!

  9. #29
    Redcloud is offline
    I've got to say, I've been carrying the board today, somebody else better be ready tomorrow, what's tomorrow, "Terrible Tuesday", LOL. GLA, Peace out!!!
    Suck Eggs Shorty!!!

  10. #30
    dm_4 is offline
    Member
    dm_4's Avatar
    Joined: Dec 2012 Location: Boston, Ma Posts: 51
    From 2.97 to 3.20 in five days.....yup im in love with siri again.

  11. Ad Fairy Senior Member
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