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Quote:
Originally Posted by
Sirius Roadkill
The eloquent logic of your post proves my point precisely!
THE $1.00 LISTING REQUIREMENT IS COMPLETELY ARBITRARY!!
why not $0.99?
why not $1.01?
And moreover numbnuts . . . what business is it of the NASDAQ to tell a Company how many shares they should have? That should be an internal corporate decision reached between Company Executives, the Board of Directors and the Company's Shareholders.
So frick you dipwad
and Ho, Mel beat DOJ and FCC . . . NASDAQ will be a cakewalk
Why dont you just finish, why not $0.99?, why not .98?, why not .97, why not .96?, ect., ect., ect. and so on and so on all the way down to why not .01?, Why not .009?, anyway I think you get the point the figure had to be set and a dollar has its reasons just like other things have their reasons for other limits. Why 70 MPH, why not 65?, why not 60?, why not 55?, why not 50?, and so on. Do you get it yet.
Second of all, if Mel wants to keep SIRIXM a part of the NASDAQ exchange then he has to follow THEIR rules. Part of those rules is that they stay above a dollar. Now while they dont care how Mel gets the PPS above a dollar, if he is going to try and use a lame excuse as a large market cap. Then he better be able to explain why they have such a high market cap and such a low PPS. There is only one resonable conclusion one can draw from that.
Now while after the DOJ and the FCC, you are right I should not put anything past Mel but if he gets this through I will personally stone anyone that puts Mel down again.
By the way those are some insulting and hurtful words you are using. I am personally hurt and sobing right now. Thanks thanks alot, now I have to go and change my tampon.
P.S. I will say this once again. If Mel did not make it clear that he will do what ever it took to keep SIRIXM on the NASDAQ then he might have a fighting chance. The problem is he did make it clear he would and even said he would do a RS to do it.
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Quote:
Originally Posted by
john
Second of all, if Mel wants to keep SIRIXM a part of the NASDAQ exchange then he has to follow THEIR rules. Part of those rules is that they stay above a dollar.
rules are meant to be broken dipwad . . tell'em Charles
http://www.freesmileys.org/smileys/s...aughing025.gif
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Quote:
Originally Posted by
Sirius Roadkill
Hey numnuts did you even bother to read the last part of my post???
Here it is again:
"P.S. I will say this once again. If Mel did not make it clear that he will do whatever it took to keep SIRIXM on the NASDAQ then he might have a fighting chance. The problem is he did make it clear he would and even said he would do a RS to do it."
Personally I find the second to last part of the post to be the best part of that post but to each his own.
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but now let me ask you this john . . .
lets suppose we can't come into compliance naturally
and lets further suppose that no special circumstances extension or exemption is granted by NASDAQ (which I believe will happen)
are you fearful of the R/S having an adverse impact on share price?
and if you are . . how will you hedge your current long position?
and Ho, just in case anyone forgot . . Mel knows the NASDAQ secret handshake . . . remember? remember that special NASDAQ rule that allowed Mel to give away 40% of the company to Liberty without a shareholder vote?
hmmm?
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Quote:
Originally Posted by
john
Hey numnuts did you even bother to read the last part of my post???
Here it is again:
"P.S. I will say this once again. If Mel did not make it clear that he will do whatever it took to keep SIRIXM on the NASDAQ then he might have a fighting chance. The problem is he did make it clear he would and even said he would do a RS to do it."
Personally I find the second to last part of the post to be the best part of that post but to each his own.
Yes dipwad . . I read the whole thing . . when you want a building variance to construct an ice cream shop with a parking deficiency do you go marching into the zoning office announcing that you will do whatever it takes to get that variance?
NO. You kiss ass and give the corporate speak and have your lawyers write the briefs . . .
http://www.freesmileys.org/smileys/smiley-chores039.gif
now get outta here and go fight Handwringer
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No I am not worried because I DISAGREE with Bassmaster on the fact that SIRIXM is NOT in a good position to do one in the near future. I believe while it may have a slight downturn it will come back soon after and I can wait it out at that point anyway. I will not sell because it is not unheard of that a stock gos up afterwards and with the catalist that have been going on with SIRIXM I would not put anything beyond it. For those that believe in manipulation just think that could be a good time for those people to get your shares on the semi cheap and have it head up without a stop so you can jump on because you will be waiting for that drop that never came.
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Quote:
Originally Posted by
Sirius Roadkill
Yes dipwad . . I read the whole thing . . when you want a building variance to construct an ice cream shop with a parking deficiency do you go marching into the zoning office announcing that you will do whatever it takes to get that variance?
NO. You kiss ass and give the corporate speak and have your lawyers write the briefs . . .
http://www.freesmileys.org/smileys/smiley-chores039.gif
now get outta here and go fight Handwringer
The problem is Mel played the DOJ and the FCC totally differently because he made it clear there was only so far he was going to go before he pulled out of the deal. Here he has made it clear and got all the concrete layed that he will and is ready to do a RS split.
P.S. Handwringer is just getting stupid at this point, while it is good for a laugh it is almost just getting to ridiculous at this point to even bother with that twit. I mean My god what else does he need he is confronted with E-mails that say they lied and manipulated data to show global warming and he after all that has been told to him before has the gull to disbelieve. It is amazing How many times do I have to be correct. I told him 6 months before that the earth was going into a 10 to 20 year cooling trend and then when his own head UN scientist says almost exactly what I just said 6 MONTHS BEFORE, he STILL has trouble believing his scientist were falsifing data. How the hell does he think I knew about the cooling trend 6 MONTHS BEFORE they did. Here I will give him a clue: I was not looking at false data, he was.
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Quote:
Originally Posted by
john
No I am not worried because I DISAGREE with Bassmaster on the fact that SIRIXM is NOT in a good position to do one in the near future. I believe while it may have a slight downturn it will come back soon after and I can wait it out at that point anyway. I will not sell because it is not unheard of that a stock gos up afterwards and with the catalist that have been going on with SIRIXM I would not put anything beyond it. For those that believe in manipulation just think that could be a good time for those people to get your shares on the semi cheap and have it head up without a stop so you can jump on because you will be waiting for that drop that never came.
ok good! we agree 100% on this!!
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Quote:
Originally Posted by
john
The problem is Mel played the DOJ and the FCC totally differently because he made it clear there was only so far he was going to go before he pulled out of the deal. Here he has made it clear and got all the concrete layed that he will and is ready to do a RS split.
see, but again . . . I think this is Mel playing corporate spin . . . saying "yes" we will do the reverse split if needed . . . . so that he does not paint his buddies on the NASDAQ into a corner . . . I would bet the private conversations are much different:
Mel: "what are we gonna do about this delisting notice?" (sips martini)
NASDAQ: "have Donnelly write us a letter" (sips martini)
that's bidness 101
http://www.freesmileys.org/smileys/smiley-chores043.gif
Mel is the grandmaster artisan!
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P.S. I did not want this to get missed:
P.S. Handwringer is just getting stupid at this point, while it is good for a laugh it is almost just getting to ridiculous at this point to even bother with that twit. I mean My god what else does he need he is confronted with E-mails that say they lied and manipulated data to show global warming and he after all that has been told to him before has the gull to disbelieve. It is amazing How many times do I have to be correct. I told him 6 months before that the earth was going into a 10 to 20 year cooling trend and then when his own head UN scientist says almost exactly what I just said 6 MONTHS BEFORE, he STILL has trouble believing his scientist were falsifing data. How the hell does he think I knew about the cooling trend 6 MONTHS BEFORE they did. Here I will give him a clue: I was not looking at false data, he was.
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srk, john.
i have a breakeven of .88 on my shares. i am very confident in the next few weeks i will be green, so my cost is not an issue like it was back in march. if we r/s next year i am not worried about staying green , i am worried about my profits being limited.
i have to disagree with both of you that the company is in good shape, but yes we are in MUCH better shape than previous quarters and we are improving. and so is our stock price. look at the charts SRK , we are not stuck in the mud. we've been climbing nicely since february. we cant go up like a straight line but this staircase climb is the best thing. rally, consolidate a little, rally again. build new bases and support levels for the stock price then move higher.
by the time the extension deadline arrives , i firmly believe we will be trading over a dollar for 10 days so that will nullify that topic. the questions are will you still want a r/s to reduce the float and are 2 Q's of profits enough to keep away the shorts and hold the longs?
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1 Attachment(s)
Charles!!
is there any way you can increase the size of the images i post without having me upload to a separate server? i cant even post charts that people can read. Attachment 229
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Quote:
Originally Posted by
bassmaster
srk, john.
i have a breakeven of .88 on my shares. i am very confident in the next few weeks i will be green, so my cost is not an issue like it was back in march. if we r/s next year i am not worried about staying green , i am worried about my profits being limited.
i have to disagree with both of you that the company is in good shape, but yes we are in MUCH better shape than previous quarters and we are improving. and so is our stock price. look at the charts SRK , we are not stuck in the mud. we've been climbing nicely since february. we cant go up like a straight line but this staircase climb is the best thing. rally, consolidate a little, rally again. build new bases and support levels for the stock price then move higher.
by the time the extension deadline arrives , i firmly believe we will be trading over a dollar for 10 days so that will nullify that topic. the questions are will you still want a r/s to reduce the float and are 2 Q's of profits enough to keep away the shorts and hold the longs?
The question is are they worth at least 3.5 billion or not if so then it does not matter ether way if they do a reverse split or not. If they are under valued then I doubt it would be a smart move to short it just becuse of a RS that makes absolute no sense with the metrics being what they are and improving like they have been. My god the problem for any that short the stock at that point is that they have to hope that some bad shit happens otherwise with even better improving metrics they are going to lose.
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black hammer close on the trendline :smash: tomorrow or friday we're off to the races (.94 is my target)
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Quote:
Originally Posted by
john
The question is are they worth at least 3.5 billion or not if so then it does not matter ether way if they do a reverse split or not. If they are under valued then I doubt it would be a smart move to short it just becuse of a RS that makes absolute no sense with the metrics being what they are and improving like they have been. My god the problem for any that short the stock at that point is that they have to hope that some bad shit happens otherwise with even better improving metrics they are going to lose.
well, i wish i could post charts here.... it doesnt matter what the company is worth . when people are swinging this stock (just like any other) it will be shorted. my opinion which is backed by years and a countless number of companies that r/s ,is shorts will pile on. im not saying theyre gonna drive us to the ground again, im just saying theyre gonna try.
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John, Bass
Why do we keep saying shorts will or will not push the price down after RS?
What about regular investors like us? How many of them will or will not panic sell? With people like us holding 70%+ of the common, we dont need any shorts if we panic ourselves.
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Quote:
Originally Posted by
hoping2rise
John, Bass
Why do we keep saying shorts will or will not push the price down after RS?
What about regular investors like us? How many of them will or will not panic sell? With people like us holding 70%+ of the common, we dont need any shorts if we panic ourselves.
SRK's intent is to calm current stockholders down regarding your concern (at least on this site). while i applaud his effort, truth is this site may own a couple of million shares tops. and sb is a tightknit community and i consider everyone a friend here so i will post my honest,unbiased, high probability based opinion. i think the panic sells will happen along with shorting. now im not telling everyone to sell, i dont even know what im gonna do myself (i posted earlier ill cross that bridge when i get there). it all depends on the current price, my cost basis , and my short/long term capital gains situation.
i've weathered the bk threat which is obviously worse than a r/s threat, so im not scared of hanging in. im just letting people know the r/s is not a good thing for stockholders for the near future.
siriusxm will have to do a r/s eventually. unless they buy back shares. debt covenants disallow that right now so dont get your hopes up. factor in liberty preferred and this companys O/S is really a joke. IMO , they can wait for a better economy, a leaner business model, a better credit situation and a higher stock price. we need to build a strong base, dont forget it was just 9 months ago that we almost lost everything!!!!
p.s. a higher stock price(with current share structure) will help in paying off alot of debt with equity. we can remove as much debt as possible, then r/s , then liberty CAN convert(if they so decide). this IMO is the most optimal route in building a leaner, profitable and successful company. but what do i know, im just a poker player.
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btw. a sidenote- liberty may never even convert. why would they when they have all rights of a common shareholder with the bonus of not getting dilluted?
john am i correct in this assuming there is no deadline or no possibility of losing NOL rights if they dont convert? if this is the case, i'll consider the preferred shares will stay that way (although common A/S will have to have enough available shares for conversion).
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John Malone & David Faber Full Interview
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Good Morning Everyone, :sunny:
A blessed and Happy Thanksgiving to all at Sirius Buzz.
Sometimes it is easy for me to lose sight of all I am
grateful for.
One being all my friends here, how much I enjoy learning,
as well as the fun. This is a great place, that is a wonderful
part of my life. :)
Thank you guys.
Julie
