LOL :peeping:
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don't worry Wolf, your rep precedes you
anyway about moody's, it's kind of ironic that one week they're upgrading siri,
yet in a few weeks, they might be downgrading the whole country
@Denco
Sorry to make you repeat yourself but was it you or Wolf that verified you could sell the stock Friday morning and still get the dividend?
I can't wait for the dividend, after watching siri almost go bankrupt (supposedly) to now getting a dividend!
I'll keep it for dry powder probably
I wonder if Liberty trades at all down tomorrow since Sirius will and their market cap is majority Siri, but what could negate it is that they will get paid a hefty dividend :drummer:
Wondering how many folks saw the Sandy benefit concert last night? Really great show. Maybe some of those taxable dividends that some are concerned about might go towards helping the needy around this country. That would help offset the Cap gains. I know many have already donated to Mr. Hillbilly's Coat Angels but I just checked and it hasn't moved much lately. Please consider helping those less fortunate. Have a great day.:o:o
S&P also upgrades SIRI 2 notches today!!....revolving note
http://www.reuters.com/article/2012/...ndsNews&rpc=43
Quote:
Thu Dec 13, 2012 12:34pm EST
Dec 13 - Standard & Poor's Ratings Services said today that it assigned New
York City-based satellite radio company Sirius XM Radio Inc.'s
(BB/Stable/--) $1.25 billion senior secured revolving credit facility due 2017
our 'BBB-' issue-level rating (two notches above our 'BB' corporate credit
rating on the company), with a recovery rating of '1'. The '1' recovery rating
reflects our expectation of very high (90% to 100%) recovery in the event of a
payment default. The 'BB' rating on the company's senior unsecured debt, with a
recovery rating of '3' and 'BB' rating on its subordinated debt, with a recovery
rating of '4' are not affected by the proposed addition of secured debt in the
capital structure, based on our expectation of slightly better creditor recovery
prospects, given consistent subscriber additions and stable churn, despite price
increases.
For all you gamblers out there & I know most of you are if you invested in Sirius. Take a look at STEV. Stock appears to have bottomed out and may have a bright future. This, if I'm not mistaken, ( & i could be), is the only sweetener that has been deemed "safe" and is rapidly growing. It's now being added to some Starbuck's products and with the obesity epidemic we're in, and facing, may have some huge upside. Thanks and Happy Holidays.:o:thumbup:
I cannot believe Dominick/BM. He shuts down swptalk/forum and sends us to a site that doesn't work. BM if your reading this check the tweet I sent you and KNOW THAT I'M THINKING A REFUND IS DUE AND FORGET YOUR SITE! Needed to vent.
What did the MM's re-short today at 2.81 after creating the demand yesterday and early today ?
So far there is no panic on the shorts having to pay a 5 cent dividend, but there is still time :stupid:
Why would we see a decline in sp immediately following a credit upgrade? WTF?
The upgrade by S&P only applies to the new debt of $1.2B to a rating of BBB with a Class 1 (class 1 means that there is a 90-100% chance the company can recover if it defaults).
With regard to other debt instruments and notes the ratings have not changed and are BB- with Classes