you should step out more often! ;-)
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ok so as I read it:
$100M of the $350M May debt is paid and the remaining $250M has been refinanced and
$150M of the $227M (approx) of the Dec debt has been paid with the 2nd half of Libert's deal, leaving $77M or so still due.
...and Mel has stated that all 2009 debt is behind us because he has enough cash to cover the rest of the Dec debt.
I'm confused and looking for clarification, thanks anyone!
Here comes the short squeeze!
Or it sure looks like one...........
BRANDON...(yes this post will be in all caps)
YOU LOOK LIKE THE BIGGEST FOOL ON THE PLANET EARTH MY FRIEND. YOU GOT SUCKED UP BRO!!!! EATEN FOR BREAKFAST, LUNCH AND DINNER. I HOPE IT WAS ALL WORTH IT YOU NUTCASE!!!
WE STOOD TALL AGAINST YOU AND OUR SIDE WON BECAUSE WE HAVE INTELLIGENCE ON OUR SIDE. Thank you...
Guys and Gals...
Just remember MM's and 2014 hedge still own this SP...give it time to untangle. MM's might try a delay tactic first...eventually we will pop though. Hang tight. This is of course the best news we've gotten in a while. It breaks the log jam but it may not be instant riches..just mentionng. Way to go Mel and Liberty!!! It's a deal made in heaven and great for both parties!!!
heavy hitters coming in now At 1:52 with 3.5 mil sell and 5.5 mil buy orders.
day traders and shorts are getting out,but it will be a slow steady climb for quite a while with som 5-10% pull backs
Excellent advisory..........
Looks like they have regained control and are trying to keep it at .14 for now.
Patience is a hard thing, but must be used for this stock. It is flat out weird and unpredictable on most trading days.
I made my errors over the years, and I can't tell you how many times I made a emotional mistake.
Don't let the head fakes confuse you.........SIRI be going higher!
I agree. This is common MM tactic. They "hold" levels until big buys or big sells have cleared. There obligations are not to "us" but to large big money orders who have agendas, and will reward good buy ins or good "sell prices". We know they arent sells, so guess what the hold up is for.
Yes. Since we know all the facts, and cover all angles, this news does not need digesting or confuse us. Jump in, the waters fine. I checked....
Let the MM's play out their games. The confused retailers can muddle through. Some need to be told what to do, and have it explained to them like they are retarded. The hold us is for covering, or large buys, or simply to keep the "jump" away from the "news".
Patience never hurts when owning Sirius.
this news is a heluva b-day present to me...(it's monday but I'll take it early!!!)
I just love the Brandon is eating his own shorts right about now. Salt and pepper may man???
im sure it will pick up steam in the last hour.
Doesn't this news mean the RS is a given now? I am not a stock expert but won't the price likely hold steady until Malone's preferred turns to common, and the RS occurs?
Hi, No now we wait for 4th Qtr report and conference call on 17th for next "stimulus" for share price
no mannyyunk it doesnt.
btw, guys...
This action is expected right here. Too much control. Watch what happens EOD and AH and Pre Monday...if this news just hit in AH, you'd be looking at a pop to .30 no problem as we saw inl ast two fire drills. Lets see what happens tonight and Monday. That's when this SP really runs cause of low volume and much more MM manipulation..
And then, look. This is THE DEAL. This opens SIRI's locks and let's them sail the open seas again (my SIRI Clipper is ready!). I playing the shortest pops anymore won't be necessary. I'll still look for pullbacks and diff buying/selling opps but we now have a viable company in the near-term. Anything is now possible and or probable with this SP....