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Thread: Naked Shorts! About time.

  1. #11
    hartleib1 is offline
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    Joined: Mar 2008 Posts: 135
    They do not even have the balls to give us are annual shareholder meeting. Invester you have mail.

  2. #12
    frigginregan is offline
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    Joined: Aug 2008 Posts: 83
    I have a question. WHAT IF....what if the rumors are true, and the FED bans not only naked shorting but ALL shorting for ALL stocks temporarily?

    And what if during this period of NO SHORTING....what IF Mel announces the long awaited refinancing deal.....

    SHOULDN'T That send Sirius thru the roof? I mean with no shorting AND the DEBT issue removed....SHOULDN'T that cause Sirius XM to FINALLY get back to were Sirius was BEFORE the merger was announced? Past $4 at least?

    Well...in a perfect world. :-)

    Anyway...for now I am enjoying the slow move up....and to see Goldman and the shorts squirm for a change. Ain't karma a bitch?

  3. #13
    Jay Wilson is offline
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    Joined: Sep 2008 Posts: 34

    I think you're right

    Once it starts, it's going to run. I think we'll all be surprised.

    It'd be a good idea for Mel to wait until the stock has had a pretty good run to let the news about the financing out. It'll give the run more legs.

    If it's done right, the 4.41's will be taken out, and the company will have enough cash to take out May and December as well.

    Then we're home free, except for the capital gains taxes.

  4. #14
    hartleib1 is offline
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    Joined: Mar 2008 Posts: 135
    From your lips to Gods ears!

  5. #15
    william is offline
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    Joined: Sep 2008 Posts: 2

    shorting

    Quote Originally Posted by frigginregan View Post
    I have a question. WHAT IF....what if the rumors are true, and the FED bans not only naked shorting but ALL shorting for ALL stocks temporarily?

    And what if during this period of NO SHORTING....what IF Mel announces the long awaited refinancing deal.....

    SHOULDN'T That send Sirius thru the roof? I mean with no shorting AND the DEBT issue removed....SHOULDN'T that cause Sirius XM to FINALLY get back to were Sirius was BEFORE the merger was announced? Past $4 at least?

    Well...in a perfect world. :-)

    Anyway...for now I am enjoying the slow move up....and to see Goldman and the shorts squirm for a change. Ain't karma a bitch?
    The FED has only stopped shorting of financial stocks (77 to be exact?) of our fine upstanding financial institutions only!

  6. Ad Fairy Senior Member
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