Just a quick note for members. SiriusXM is trading massive volume, and has jumped up to about $3.80. Meanwhile, Liberty Media, the price of which generates the offer for the balance of SiriusXM, is down to about $141. This makes the initial offer less desirable for minority shareholders of SiriusXM.
I have spent the morning pounding the phone lines to get REAL information. Rather than just wildly speculate, I feel it is prudent to assess this realistically and then publish opinions based on REAL information. I will be keeping you in the loop as this moves forward. As you can imagine, there is a lot of "quietness" among the players at this point. Stay Tuned.