Look ..grreat gobs of greed Batman...the fear on BK has been taken away for the time being and volume is rising,,,Sp should be on the move up.. but no... the Sp is stuck.....sucks huh?
Look ..grreat gobs of greed Batman...the fear on BK has been taken away for the time being and volume is rising,,,Sp should be on the move up.. but no... the Sp is stuck.....sucks huh?
"SIRIUS XM also announced that XM Satellite Radio, a wholly owned subsidiary of SIRIUS XM, amended and extended its existing $350 million credit facilities. XM Satellite Radio's existing term loan and revolving loan have been rolled into a single term loan facility. As previously agreed, Liberty has purchased $100 million aggregate principal amount from the lenders."
Um, is that May debt taken care of...?
Isn't this ridiculously fantastic news?
I wonder if the young journalist feels like an idiot?:banghead:
Yamana beat there quarter by 300 percent, and went up 10 percent. Its not usually for MM's to make you earn it. Patience. Give it time. People are so confused by this stock, its going to take someone hitting their head. Brandons article today is now REALLY HURTING. See my point now? Where would be be if it didnt break .13? If no negative news came out today? Hmmm.....
Welll NEVER know.
relmor, are you confirming that yes, May debt is a done deal?
I'm sitting here clicking refresh over and over trying to see .14 But hasn't happened ye. Not ANOTHER let down from an expected pop? Say it ain't so.....
This doesn't suck. :headphones:
Yea guy be patient the mm's wont shoot this up, they will slowly bring it up till the cc, if their is good news cc then it will shoot up, you gotta be patient.
the good thing is there are not that many sellers it appears.
Im not Mel is. So is the press release. I just stated that 2 days ago it was a done deal. In fact my quote was...."its a done done deal".
See, I even used 2 "dones" in there. LOL
I hate to think someone sold out on fearmongering and thought BK was still on the table. It wasnt, never was, and I feel vindicated.
As for the MM's and the stock price, that will come with time. Cant help that. My guess is Brandons article did more harm than you think.
Thanks guys....I'm calming down. Feeling the stress leave my body, closing the book on renewed BK fears... relaxing the mouse.... :-)
No way does a blogger have any impact whatsover on a stock that is as liquid as Sirius -- the volume of the stock is too high for there to be an impact.
Only stocks that are illiquid with light volume can a blogger have a notable impact.
I've followed these (Sirius and XM) for many many years -- only one time did I ever see an article from a smaller consultancy have any impact on the pps... and that was over 5 years ago, back when XM had just 160MM shares outstanding with extremely light trading.
Sorry, that's just the way it is.
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this is the best news for quite awhile, someone want to explain to me why it can't push thru 14, i mean what else can be said to prove this co isn't going BK:confused:
Maybe some are waiting to hear if Malone converts his shares to common right away? Just a thought..
Under the existing terms of their agreement, SIRIUS XM has issued
Liberty an aggregate of 12.5 million shares of new preferred stock
convertible into 40% of the common stock of SIRIUS XM
Ok Homer, but you dont know "for sure" do you. Your guessing. Lets at least agree, it "didnt help". Hows that? Now, if its fact based, and must be written, then write it. But as you yourself said it was full of bs, you diddnt agree with the numbers, and its impact on even one person has "consequences" to that author.