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.