cmon shorts.... cover right into others shorting
Last edited by Redcloud; 03-04-2013 at 04:08 PM.
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).
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.
Denco, pass the Mack, and let me hitem in the back!!!
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.
Disclosure: Shaved some at $3.19, just so I could pop them Beotches again when they think they feel some headwinds, possibly tomorrow.
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!!!
From 2.97 to 3.20 in five days.....yup im in love with siri again.