SIRI Intraday Thread: Tuesday March 31st

BG, to my knowledge no decision has been made. The SEC made a decision to take it up when they meet on April 8. The good news is that I guess this time they are "likely" to pass the rule . . . but then this is the SEC so can you really count on them to do something that makes sense? :rolleyes:

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Originally Posted by FoolNHisMoney

BG, to my knowledge no decision has been made. The SEC made a decision to take it up when they meet on April 8. The good news is that I guess this time they are "likely" to pass the rule . . . but then this is the SEC so can you really count on them to do something that makes sense? :rolleyes:

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Thank You kind Sir!

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Originally Posted by exilejeff

so chapt 13 they don't wipe all the shares out?
so im screwed basically on the 3500 shares that i have and would be better to sell them if i can before BK then wait it out

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Well GM may not go BK at the end of the day but why risk it? Take those 3500 shares and get 8500 bucks and turn that into 25,000 more SIRI shares if you believe in the company and want to keep adding. If GM survives and you miss out on a rebound I'm sure you'll get a great return anyway on SIRI... or just take the cash and put it in your mattress... but 25k more shares of SIRI would be a good bet

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Originally Posted by FoolNHisMoney

but then this is the SEC so can you really count on them to do something that makes sense? :rolleyes:

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And in a timely manner...............rofl :p

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Originally Posted by socalrunningfool

I AM KEEPING ALL MY SUBSCRIPTIONS...i don't really care if the price doubles,
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I hope you have a BIG friends and family!!!!!!!!!!!!! We need the revenue.

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Same here...keeping both of mine. It's all about content.

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Originally Posted by dmo2424

Well GM may not go BK at the end of the day but why risk it? Take those 3500 shares and get 8500 bucks and turn that into 25,000 more SIRI shares if you believe in the company and want to keep adding. If GM survives and you miss out on a rebound I'm sure you'll get a great return anyway on SIRI... or just take the cash and put it in your mattress... but 25k more shares of SIRI would be a good bet

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Indeed thats what i have been thinking, problem is......my 101 yr old grandfather gave them to me (he is still alive and reads the wallstreet journal everyday, just doesn't feel like keeping track of the stocks anymore lol).....they are actual stock certificates, so i would have to sign them over and mail them to the brokerage account first i am guessing, who knows how long that takes

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Originally Posted by exilejeff

Indeed thats what i have been thinking, problem is......my 101 yr old grandfather gave them to me (he is still alive and reads the wallstreet journal everyday, just doesn't feel like keeping track of the stocks anymore lol).....they are actual stock certificates, so i would have to sign them over and mail them to the brokerage account first i am guessing, who knows how long that takes

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Wow,you got to hold on to those,depending on how old they are,the certificates may be more valuable later than the stock will ever be..Just my opinion

ANYONE...know when uptick rule goes into effect?

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Originally Posted by JohnnyIrishXM

Wow,you got to hold on to those,depending on how old they are,the certificates may be more valuable later than the stock will ever be..Just my opinion

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like a collectors item? lol
also it isn't 3500 certificates its 1 certificate that says 3500 on it
i think that is how many shares it is i haven't looked at them in awhile, also have a lot of GAS (Nicor), which i will be hanging on to for awhile :P

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Originally Posted by exilejeff

Indeed thats what i have been thinking, problem is......my 101 yr old grandfather gave them to me (he is still alive and reads the wallstreet journal everyday, just doesn't feel like keeping track of the stocks anymore lol).....they are actual stock certificates, so i would have to sign them over and mail them to the brokerage account first i am guessing, who knows how long that takes

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I also would keep them at this point. But hey, I'm the girl that held sirius from 6.53 all the way down, adding all along. Kind of my trading philosophy, so I'm probably not the best source for advice!