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Thread: SIRI Daily Thread 4.23.2013 - Law 19 Tuesday!

  1. #11
    SiriusBuzz is offline
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    SiriusBuzz's Avatar
    Joined: May 2007 Posts: 2,465
    Quote Originally Posted by Hillbilly View Post
    I caught a Bloomberg alert earlier in the day re: the board upping the buyback by $50b -- a lot of folks consider buybacks and dividends to be a sign of problems - some say current; others lean towards future problems that are desired to be glazed.
    A sign of problems? Big shareholders have been screaming for buybacks and increased dividends because of AAPL's huge cash hoard. Now that they are complying with those requests it is being considered as a sign of weakness? Sounds like you're damned if you do, damned if you don't.
    Charles LaRocca
    SiriusBuzz Founder

  2. #12
    just sirius is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 1,170
    I guess there's quite a few companies out there that are in Sirius trouble...they all are buying back stock!!

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

  3. #13
    Hillbilly is offline
    Re: both comments

    I'd surmise that a lot of that has a lot more to do with the various BODs bonusing themselves at the end of the year & using the govt as the PR Bombed rationale.

    Folks were paying a lot more attention to the Fear Factory than common sense diligence.

    May I'd fast approaching - and, yes, I'm still the same old guy that chooses wisdom and a conservative/safe approach with my "birds in the hand" mentality than to be worried about the profits that haven't materialized.

    Recently listened to the Mark Cuban interview in HoSte - dude took his cash at a time that others were holding for more -- #could a been billionaires - limh.

    Anyway - I'm long and strong on my SIRI holdings.

    Not stressing either side




    Quote Originally Posted by just sirius View Post
    I guess there's quite a few companies out there that are in Sirius trouble...they all are buying back stock!!

    JS

  4. Ad Fairy Senior Member
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