anyone want to take the wager that we close @ .43?
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anyone want to take the wager that we close @ .43?
I know it is a shot in the dark, but what is your best guess on the release date for the iphone app? Before the Q1 call or after?
Todays range may overlap the days before for a week now at least. For instance...
Close .43.
Open 46.
Close .44
Open .47
Close .45.....
etc.....
Until we break out, up or down. Usually goes in the general direction of the trend(up since .05 cents). 3 days ago people thought .60 cents was a decent buy.
Correct me if I a wrong,
Sirius wants an additional 1 billion shares and approval of the RS into 2010. In the SEC filing the seemed to over state that they will not use the RS for any other reason than to stave off delisting.
I claim bullshit on those statements! They are just saying that to look like the good guy and get us all to vote. I know they know we will be over a dollar and not have to worry about delisting. However with the added dilution once we get over a dollars they can dilute us back into penny hell and justify the RS!
I don't know, I am just so frustrated. We were doing well and on our way to greener pastures, then Mel and Co come along with that bullshit to take us back down...
Sorry I am very tired and frustrated, apologies if I dont make sense...
Never agree to dilute your worth, in any event, regardless. They want to use your money, instead of profits to pay off debt, not due for years.
1. They dont think they will ever be profitable.
2. They think they will be profitable, but not enough to ever put huge dents in the debt.
3. They will be profitable, able to put real dents in the debt in years to come, but would rather use your money to do it.
Only 3 options I can see. Anyone else see a 4th reasoning?
On why they are diluting even more?
because this is a strange time and they need every weapon at their disposal.
I have to admit I am fed up with this bull. I voted for the first one but this is ridiculous. I got a suggestion to save several hundred million; Why dont they wait 3 or 4 years to launch a satellite they dont absolutely need right now. Then I find out about a second one that is crazy.
the cancelation complaints are such bullshit, i had no problem canceling my sirius account, they did offer me free service for 3 months but when i said no viola they canceled np, so why did i have an easy time canceling? am i special?