I just cannot understand why so many Institutional investors would be buying with news like this??? I suspect that most folks here have seen this and i appologise if it is a duplicate - just trying to add to the group!


"This is a direct quote from the Sirius XM 10-Q form: "An inability to access additional sources of liquidity to fund our cash needs in '09 or thereafter or to refinance or otherwise fund the repayment of our maturing debt instruments could adversely affect our growth, our financial condition, our results of operations, and our ability to make payments on our debt, and could force us to seek the protection of the bankruptcy laws, which could materially adversely impact our ability to operate our business and to make payments under our debt instruments.""