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Newman, you are absolutely right! I say stay civil and present facts, or shut up. Predictions are cool, just don't try to bend a stock. I know that you are totally neutral with SIRI investments now and would love to get back in, but what is, is. I hope that there is a margin for you! I want to see every SIRI investor win!Quote:
Originally Posted by Newman
You are a great guy!
Bill
Tense times, Bill....it could either pay or back to the ATM. It is just a matter of how much you want to risk. If you have a couple hundred that doesn't matter to you, then buy. If you cannot afford to lose that much, then don't. At this point it is a pure gamble. Information is too rare.Quote:
Originally Posted by corfieldb
If you want to break in, try CY, LVLT or ABK (long). Great stocks, but they will drive you crazy with volatility. LVLT is a great one, so far.....CY never loses in the long run so far and ABK is one that is an 80 dollar stock selling below 2.00, but have patience, and I have no guarantees for any of them. You are on your own, but check them out.
Before buying anything, I want you to know that I am not personally responsible. You are on your own!
That was a disclaimer against liability.
Night,
Bill
I totally agree, I have seen you call out to procure the facts, but nobody can produce them. KUDOS to you Newman, you are a smart man and I appreciate it!Quote:
Originally Posted by Newman
That was not a comparison... You missed the point, as usual.Quote:
Originally Posted by Demian
If they declare bankruptcy, shareholders lose every penny.Quote:
Originally Posted by corfieldb
Hopefully you have not bought SIRI yet. The price seems tempting but you can still lose everything.
Check their balance sheet and talk with your investment adviser.
He is right about this. Remember every stock is a risk. There is no such thing as a sure thing. But man would you be happy as hell if this stock did pan out and you brought now with long-term thinking. You should speak to an investment adviser they will just tell you I wouldn't do it. At least the 3 I talked to. But I invested anyway because somethings to me don't add up which I won't get into on this board. So let the doom and gloomers be that and the optimistic be just that as well. You have to do your own homework and make that decision because in the end if you do or don't one way or another you could be sick down the road. Best wishes to everyone.Quote:
Originally Posted by Siriusowner
Sirius Long - 40291 and growing in shares.
Siriusowner,Quote:
Originally Posted by Siriusowner
You claim that you were not comparing Circuit City to Sirius in any way with your post and you say that I missed your point...
What was your point in saying that SIRI had to take action fast and then bringing up Circuit City's situation and calling it scary?
I should be scared as a SIRI shareholder because of Circuit City?
What was your point?
That is not necessarily true. It could be argued that the shareholders could get back even more of a return than the current share price. The shareholders would get in line behind the debt holders. I believe that the company is worth more than it's current market cap - even if it's assets were put on the auction block...Quote:
Originally Posted by Siriusowner
Quote:
Originally Posted by Newman
Did you ever think that the proof cannot be revealed until the appropriate time? Do you show your poker-hand to all before betting? You never reveal your evidence before it reaches the court of law. Newman, you ought to know better. There is enough evidence floating around openly now to, perhaps, put some behind bars. I would not want to be in the shoes of Mel, Black or Blalock for all the money in the world.
Sirius has the cash to pay off Feb convertibles, so they should have 3 months to come to terms with the May debt & then another 6 months to deal with December converts.
One obstacle at a time.