Comments on: Sirius XM To Avoid Chapter 11

By: draland

draland — Mon, 16 Feb 2009 23:09:59 +0000

Excellent !!
Thanks, I think it’s looking Better for Us !!
Let’s friggin Roll !!

By: Terrymr

Terrymr — Mon, 16 Feb 2009 18:20:42 +0000

I found this on standard and poor’s website :

Sirius XM Radio Inc. Debt Ratings Affirmed; Subsidiaries’ Debt Ratings Raised

http://www2.standardandpoors.c.....0,0,0.html

By: sxminvestor

sxminvestor — Mon, 16 Feb 2009 16:51:35 +0000

A decision may come today, and if so, no one will have time to react before market opens.

It may be time to get down and pray.

By: DRALAND

DRALAND — Mon, 16 Feb 2009 15:28:12 +0000

The Saga summarized for tomorrow:
The deadline arrives for Sirius Satellite Radio to pay off $175 million of notes held by Dish Network CEO Charlie Ergun. Barrington Research analyst James Goss doesn’t think Sirius will file for bankruptcy. Meanwhile, John Malone’s Liberty Media has emerged as a possible white knight.

Do you buy what you can in the AM in a last ditch effort to dollar cost average as low as possible, risking even more capital?
Or just hunker down with what you have already, and pray.
Either way, adrenaline and palpitations will be the order of the day it seems!!!

By: Bill R

Bill R — Mon, 16 Feb 2009 06:10:49 +0000

Creditors getting into the game…pressure is on for Mel to take the deal or risk getting fired if BK filed. This just gets more and more interesting.

From WSJ and CNET:

Feb 16 (Reuters) – The following were the top stories in The Wall Street Journal on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

* A group of Sirius XM Radio Inc (SIRI.O: Quote, Profile, Research) creditors says it is prepared to seek the ouster of CEO Mel Karmazin and other senior executives if the company files for bankruptcy.

By: DRALAND

DRALAND — Mon, 16 Feb 2009 03:08:00 +0000

Maybe Donny is on the take from Dish and that Fart-Faced-Ergen………………..

By: DRALAND

DRALAND — Mon, 16 Feb 2009 02:59:59 +0000

no news on their site now for…………………………………………………………………………………………………………….a long time !

By: DRALAND

DRALAND — Mon, 16 Feb 2009 02:48:04 +0000

Well said, Roadkill…………….
They should all heed your words, as they ring true for us all. We are all interrelated today and self fulfillment at the expense of others only comes full circle eventually……………!

By: crfceo

crfceo — Sun, 15 Feb 2009 21:28:39 +0000

New details coming out now from the Financial Times….

http://www.ft.com/cms/s/0/4a05.....ck_check=1

By: Bill R

Bill R — Sun, 15 Feb 2009 19:59:32 +0000

One other thought is that the news is being held tightly by Sirius / Liberty so that they/affiliates can buy some shares for less on Tues. a.m. before the official announcement.