picked some up today....3.53
picked some up today....3.53
say it ain't so Leon
http://www.theflyonthewall.com/perma...hp?symbol=SIRI
Hello.....is this not a first?...or at least I don't recall him at their annual investor meetings.
http://finance.yahoo.com/news/jim-me...180000066.html
Jim Meyer to Present at Liberty Media's 2014 Investor Meeting
Why is that significant, Wolf? Did they have a big stake. I could not even find them on the institutional NasdaQ list on the first 5 pages.
EDIT: Just heard on CNBC....Leon Cooperman's Omega.....yeah seems to be a big holder.
He is on the first page....second largest institutional shareholder
Last edited by denco1; 11-14-2014 at 02:28 PM.
I haven't looked to see the amount. Hopefully it was nominal but any reduction from Omega sucks because they were always one of our highly visible investors. Leon was our Icahn, Peltz etc
Being announced on CNBC and a drop in our SP as I'm typing..... f@ck
Seems that not only us reets are getting tired of waiting for SXM to perform.
Edit: Fortunately, I don't believe this filing will change F.U.'s current plan
Last edited by Wolf Child; 11-14-2014 at 02:31 PM.
Meyer spoke last year as well.
Cooperman had also decreased his stake as of 6/30/14 by 4 mn shares. Did that make headlines last reporting period?
EDIT: Thanks DM....guess he didn't say anything good last year as the stock has taken a year long dump since.
EDIT2: Anyone get to hear how many shares Cooperman unloaded this period??
Last edited by denco1; 11-14-2014 at 02:37 PM.
Back in June OMEGA owned about 82 million shares and sold about 4 million from what i can gather. Hopefully just another small sell this time.
Looks like he sold 25mn shares down to 57 mn held......still his 3rd largest holding.
http://www.sec.gov/Archives/edgar/da...fInfoTable.xml
http://www.sec.gov/Archives/edgar/da...1991-index.htm
LMCA 200 day turned up today. Should stay up.
SIRI's turns up / flatlines next week. Can drag here a month or so before turning up hard if 3.50 is maintained.
Did anyone raise cash at $3.16 to wait for $2.70 ?
so he sold about 30%.....little larger than i like but hey at least he didnt sell it all. Maybe his fund is booking some end of year profits.