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Hey whats up men....
Does anyone know what happen to the post, where I posted all Mels Privite buys...It had total number of shares, then someone else figured out how much he had invested totally out of pocket, cost adv..and what is was worth today....It seemed to disappear.......
oop's I found it....Mel's average cost for his 5,500,000 shares seems to be $3.90/share for a total of $21,460,000.00. Now worth $770,000.00.
Does that shine any light on the situation.....
Quote:
Originally Posted by Sworntwofun
Wow!!! If that isn't enough motivation to get it above 4.00 to make his own money back I don't know what is. This would be what Warren Buffett is talking about. A motivated CEO that has his own money invested as well. How in the world would he let it go BK without a fight with that type of money on the line. Or even worst dilute the stock and make it even harder for him. I know he will do everything in his power now to make sure both don't happen unless its beyond his control.
Oh and when I say above 4.00 I don't mean overnight.
Get a room...Quote:
Originally Posted by Demian
go back into your hole s.o.
I didnt know he is down that much thanks for sharing!Quote:
Originally Posted by Sworntwofun
Hi Guy's - this is encouraging! Last trade (premarket) $0.175 http://www.nasdaq.com/aspxcontent/Ex...RI&mkttype=pre
WOW - moving fast - or my bi-focals aren't working! .19 and .20 range now! 8:46am
Anyone know what is going on - it can't be just the Echostar thing pushing this - it is at .25 in premarket ???????? same link as above (Nasdaq)
short squeeze - I'm afraid to sell because it could go to .50 & higher in the coming weeks. The Echostar backing maybe just the lift or push Sirius needs to get over the hump.
This is a logical takeover. Short squeeze coming up. Once the announcement is made official, the price could spike depending on what Echo offers. Sell immediately...Prices usually spike and then slowly deflate. Or it could spike and deflate immediately....who knows uh ?
Any doubts Siri was being traded on the debt ? Any doubts this was a FEB debt problem ?
Any doubts shorts are not shorting the stock anymore Demian ?
Any freakin' doubts the stock was not going to go to 10 cents before moving up ???
If you want proof, look at the price history...oh and you could call my friend at 203-509-.... well I am not going to give you his full number...he works at the NASDAQ in CT (where I lived for several years while I was taking my MBA at the SLOAN school of business, where I met interesting fellows working in WS today). Not insider information though...He usually gives me insights of publicly know information.
See ya. I'll be back once this issue becomes interesting again. In the mean time...don't get greedy....follow NEWMAN's strategy, that is a good one.