Sounded fantastic to me....
This call has made given me more confidence than ever in my SIRI stock. $210 million vs $300 million for Feb debt is great news. To GROW your biz in an economic retail meltdown is also outstanding......more like unbelievable!!!
I'm buying all the way from here on out. They will get the refi, the auto industry will turn around in a year's time (even though we showed today we don't need it to grow our revenue and subs) and once the economy in general turns around.....this baby will be flying like DR.J!!!!!!!!
Cheers to some good news,
Whynot
Reverse split and then equity dilution ?
OK, we approve the reverse split, stock price goes to $8.00 or $9.00 or to whatever the split ratio we vote for dictates... then they issue the additional 3,500,000,000 approved shares (multiplied by whatever the ratio, right?) ? or is it viceversa ?
Please let me know how this WILL NOT dilute our equity.
ps: I just hope we do not end up with $8.00 shares just to see them go back to pennies again.
Thanks.