Originally Posted by
denco1
I'll check them out Raptor.
Lets see if I can make sense of them as you have.
Ultimately, I don't think MaloneCo end game is to have us buy back a boat load of shares. Pulling us in to MaloneCo is what he wants and then spinning us out after a few years. He will continue to have SIRI buy back at low levels but I don't think it will be in huge #s. Just enough to show us they EDIT: are "looking out" for all other shareholder interests.....a smokescreen. He wants SIRI for its FCF to complete his BIG picture plans whatever they are. SIRI shareholders will benefit as a result of MaloneCo benefiting but that is not his priority. At this point I would rather get pulled into MaloneCo and be a direct part of the plan rather than constantly being blindsided by their actions or inactions. A merge swap will effectively reverse split SIRI and reduce the float. This is another reason I don't think MaloneCo wants to buy back at large levels going forward or is too concerned about the huge float as it will be reduced substantially on the merge.