Sirius XM Holdings INC 11/18/13 to 11/24/13

[denco1]

I copied my last post from old thread here on this Weeks thread.

I hope SIRI makes an announcement or 2 regarding this change.



That seems to be what's going on Wolf. Etrade says they are expecting delivery of new shares at any time. The shares I purchased Friday turned out to be the new shares. My pre Friday position is to be replaced......."at any time".

[Wolf Child]

Awright! Back to biz as usual w/E*trade.

[denco1]

http://files.shareholder.com/downloa...937/filing.pdf

In connection with the Reorganization, Holdings is not assuming any of Sirius’ existing debt obligations, except for Sirius’ 7%
Exchangeable Senior Subordinated Notes due 2014 (the “7% Notes”) as described in Item 2.03, which is hereby incorporated into this
Item 1.01

[denco1]

As a result of the restructuring.....could be that the "new" SIRI is waaaaayyyy under levered...

[Wolf Child]

I want my Christmas divi...... not a subscription to a Jelly of the Month Club.

[Sundeeez]

How do you just not assume debt?

[siriusly_invested]

Hey Wolf, I saw your comment last week of your success with SIRI and the resultant "homestead" you were able to build from those riches. First of all, Congratulations on that success. Secondly, I'm just curious what the annual taxes are on that 3800 sq. ft. abode in California. Maybe that's why you are so adamant to receive a SIRI divi. at the end of this year........ I hear ya bro., While I'm sure the real estate taxes here in south Florida aren't much compared to where you are, but I might have a similar tax bite merely from my "Required Distributions" from my IRA/401K accounts where all my SIRI profits were earned. Seems like they get you, no matter which way you turn.

[siriusly_invested]

Anybody here have a position in Boeing? They appear to be the best gainer in the DOW today after announcing orders in excess of $100B at the Dubai Air show. That is a big hunk of change, I'd say.

[just sirius]

Sly...you mentioned taxes...my blue dog homestead that I purchased in Colorade over the summer with profits from SXM...3100 sq ft, approx value once remodeled will be in the 375k range...total taxes for 2013...$1554!! Gotta Love it!!!!

and yes...they get you coming and going!!!

JS

[siriusly_invested]

Nice Going, JS. I've said it before and I still envy your "pad" in the Rockies.

Here in south Fla. a same property value carries twice that tax load. Of course we have no state sales tax, so I guess it all comes out in the wash as similar cost of living.