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Thread: SiriusXM daily thread Jan 27 thru Feb 2

  1. #1
    Wolf Child is online now
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    SiriusXM daily thread Jan 27 thru Feb 2

    how to make 3.68 look good

    short it sub 3.60

    why bother

  2. #2
    Wolf Child is online now
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    Got my gap fill BUY

    Anyone else?

    Not gonna buy at the 3.50 gap because that will put us well under the 200 day... too risky

    I'm done til the CC
    Last edited by Wolf Child; 01-27-2014 at 10:47 AM.

  3. #3
    switchflare is offline
    Bought some on Friday but should have waited. They'll probably make us fill the gaps before CC.

  4. #4
    njbones1 is offline
    Every day I feel like I`m having another tooth pulled.

  5. #5
    Wolf Child is online now
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    Liberty sure knows how to make us seem unattractive..


    Anyone know what Malone's previous offer to ZIGGO was? I'd like to know how much he raised the bid after initially being rejected.

    Every article I've read so far just refers to the bid as "inadequate".
    Last edited by Wolf Child; 01-27-2014 at 11:48 AM.

  6. #6
    MLSiri is offline
    Quote Originally Posted by Wolf Child View Post
    Liberty sure knows how to make us seem unattractive..


    Anyone know what Malone's previous offer to ZIGGO was? I'd like to know how much he raised the bid after initially being rejected.
    Hey Wolf, here's an article that was just released:

    Liberty Global buys Ziggo to expand European cable empire; By Anthony Deutsch and Philip Blenkinsop; UTRECHT, Netherlands/BRUSSELS Mon Jan 27, 2014 11:37am EST

    "(Reuters) - U.S. cable group Liberty Global has won its 10-month pursuit of Ziggo with a deal that values the Dutch operator and its debt at 10 billion euros ($13.7 billion) and expands billionaire John Malone's vast European cable empire.

    Ziggo rejected an initial offer from Liberty last October as too low, seven months after the U.S. group controlled by Malone first bought shares in its Dutch target.

    On Monday, Ziggo accepted a cash-and-shares offer at 34.5 euros per share, a 22 percent premium to Ziggo's share price just before Liberty's initial bid."

    So, with SIRI closing at $3.57 on January 3 - Liberty's initial offer date - a 22% increase would get us to $4.3554. This would be somewhat in line with analyst's lower-end estimates.

  7. #7
    njbones1 is offline
    He doesn`t want us because we are unattractive. He wants the 2nd piece of this Co. for a little more than he paid for the 1st part.

  8. #8
    Wolf Child is online now
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    Thanks MLSiri

  9. #9
    njbones1 is offline
    I wonder if Malone had a controlled board in that Co. ?

  10. #10
    MLSiri is offline
    Quote Originally Posted by njbones1 View Post
    I wonder if Malone had a controlled board in that Co. ?
    njb - Liberty already owns 28.5% of Ziggo. Here's the link to the article: http://www.reuters.com/article/2014/...A0Q0BC20140127.

  11. Ad Fairy Senior Member
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