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  1. J56D is offline
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    10-24-2008, 04:46 PM #1

    Short Interest

    Here is the link for the new short interest numbers.

    http://www.reuters.com/article/marketsnews/idINN2452866020081024?rpc=33

    Can someone please tell me why at this low of a share price that Sirius still has the largest percentage increase in short interest?
    Last edited by J56D; 10-24-2008 at 04:49 PM.

  2. sxminvestor is offline
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    10-24-2008, 05:40 PM #2
    It's a well coodinated attack on Sirius to drive the stock price so low because the NAB is pissed off because they lost and are trying their best to keep the share price so low that Sirius find sit hard to get a loan.

  3. SiriusXMInvestor is offline
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    10-24-2008, 06:12 PM #3
    This past Monday, IR told me shorting interest has dramatically dropped. Another ****ing lie.

  4. sxminvestor is offline
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    10-24-2008, 06:32 PM #4
    Quote Originally Posted by SiriusXMInvestor View Post
    This past Monday, IR told me shorting interest has dramatically dropped. Another ****ing lie.

    If it was true, they probably reloaded today at .32 cents when it hit the high.

  5. Newman is offline
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    10-24-2008, 07:27 PM #5
    The last time the numbers were out, it HAD dropped significantly. These numbers were just released today. If you talked to them before today, then they didnt lie to ya.

  6. SiriusXMInvestor is offline
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    10-24-2008, 07:49 PM #6
    Newman....Wrong. IR told me they speak to Nasdaq weekly about shorting so they should/would/could have up-to-date numbers. Obviuosly, someone is lying.

  7. homer985 is offline
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    10-24-2008, 11:52 PM #7
    Quote Originally Posted by SiriusXMInvestor View Post
    This past Monday, IR told me shorting interest has dramatically dropped. Another ****ing lie.
    Actually, that is not a lie... short interest had dropped dramatically prior to the release of these latest numbers. There is no way IR could have known about the "dramatic increase" in the first half of October.

    I'm not jumping on you, but your claim that they lied to you is a bit unfounded.

    Granted the stock price has everyone pissed off -- but I think that it's making investors see things that are not there. Shit happens, I know... but be careful, it can make you say and do irrational things.


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  8. homer985 is offline
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    10-24-2008, 11:54 PM #8
    Quote Originally Posted by SiriusXMInvestor View Post
    Newman....Wrong. IR told me they speak to Nasdaq weekly about shorting so they should/would/could have up-to-date numbers. Obviuosly, someone is lying.
    They DO NOT know before the numbers are released. That is not allowed. Yes, they may talk to them every week -- but after numbers are released.

    And BTW, even at 232 million -- that is SIGNIFICANTLY lower than it was after the merger.

    You're seeing things that are not there.