and i guess i was not too smart, i sold
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Does anyone know the current Short Number (ie number of shares & days to cover)? 8+ days worth of volume would indicate to me that a whole lot of shorts covered. I doubt any hedge funds would have been buying today. I mean SiriusXM is already controlled by Malone (52%) so their is little to gain and much to lose if the deal falls apart.
Exactly what I was thinking Brian, if I may speculate. What if the offer was only to drive the price up? So what if the deal isn't reached, mission accomplished, Liberty is making their money...Which way would Malone stand to make the most money? $3.68 my Azz!!! Why would they beat the, "We think SiriusXM would make a great stand alone company!!!" Drum!!! Only to offer us a measly $3.68....(To me that's an insult to everyone that has ever hung toughThey know they will never get that, unless they use criminal terms. As I said from the beginning, Fuch $3.68!!! I feel a short squeeze a coming!!! We'll know tomorrow...
Just wait til Siri starts dropping the beginnings of the 2 billion buy back bomb, we still got some bullets, I think we need Icahn!!! This whole deal is Bullskit. imo. I say Fuch the deal!!! It ought to be good tomorrow unless Meyers gets down on his knees! If so, this is the biggest crock of skit and illegal activity ever on a grand scale. I think he was the inside guy all along, that's why Mel (Love him or hate him, got the boot). all I know is I'm not fixing to let what I originally invested in get bought for pennies on the dollar by no-one, as long as they leave us a stand alone company, I have no problem. I vote NO, pretty much on any takeover attempt, leave us alone, and enjoy your profit!!!
"@Denco, I think we got our answer... The dog's getting off his AZZ on Monday!!! "
While I'm speculating, who all would like a satellite phone? Surely the FCC or competition wouldn't allow Liberty Media/Malone to take what took them over 18 mths to decide on a merger for pennies? The SEC will be investigating, they don't want that publicity. This deal is a no go!!! And planned!!! Testing the waters!!! Imo
RC.....ummmm I think the shorts covered today.
And he was the one who drove the SP down. He tells Meyer to say nothing about anything last time he spoke and we go down 20%. He runs the show. I don't subscribe to that theory.
I sold my 3.41s at 3.95 in pre and another one didn't go thru at 3.97. Can't understand why. Just taking money out of my pocket.
Nice trade Sundeeez, you can't beat that with a stick. So you saying we are going down now that shorts covered? I got my core, I'm holding it no matter what happens. I surely don't blame you for selling $3.41's. But I wouldn't think we are down from here, if we do, it was Meyers fault tomorrow, and we will all know what that means:mad: Lets hope for the best!!! You never know with SIRI, we all know it's full off surprises!!!
http://investor.siriusxm.com/
$3.89 Ah's
Awesome Wolfe, Nice call brother!!! Glad to have people like you around, Thx:cheers:
Their probably still cleaning out their underwear!!!;)
It's a win win situation for Malone, either way he's gonna make backoodles of money!!! I think this offer is Bullskit!!! It's almost funny...that's what gives it away
$3.89 AH
Anybody besides me thinking Siri was buying like a muthersucker today?
TheDog popped BIGWOOD this week for sure RC:money:..congrats to you and THELONGS
@Wolf..Bought back those 3.76s I sold Friday at 3.70 late in AH Friday...and added a few more too. Sold those today at 3.96 and 3.99 PM...bought those back at 3.86 and 3.82. Sold a few of those at 3.87 AH today. Will look to pick those up at 3.84 if possible early....if not....oh well, still have MYLONGCORE. Tomorrow should be interesting trading with the presentation. 3.92 seems to be next on the list of targets for the MMs during the regular session.....GLTOTHELONGS
EDIT: We need to hold over 3.85 first....
You da man Denco, that's bad azz!!! I'm up 201% on my phot play, rat holing that!!! I think the first quarter CC's are gonna run the green stocks. imo Colorado is making a killing!!!
Glad to see your post PJ! Hope things been going good for you!!! Let's get this $4.10 by Friday!!! I said it:money:
I'm not even gonna take the crow out of the freezer!!!:wizard:
Even tho, I know, their's a lot of people that wants me to eat some, I've ate my share!!! It's time to pass the plate!!! LOL
I say we top out around 4.20 4.25 then settle to 4.00 4.10. What did they say Liberty's range to buy was? $4.18-$3.?
If Meyers hasn't been buying at these lows, I'll be pissed!!! Tomorrow is gonna tell the tale!!!
RC...don't think we go lower. NO WAY! Just don't think it's gona be a huge short squeeze...we could go to 4.15 -.25 no problem. Who knows WHAT Myers is gona saw tomorrow. Prolly nothing . Maybe what's his face knows that this is gona be a blowout CC and wanted to get in front of it.
All I know is I followed WOLFs advice and waited til PM and sold some! What's next wolf?!
does anyone here honestly think they are smarter than malone?
I say not; for one simple reason: Malone has the brains & Billion$ to pull off his plan.
If he gets a higher share price for his SiriusXM stock he'll have to pay taxes! Malone's entire carrier has been avoiding taxes. Besides if Malone wants to consolidate the pay-tv industry he is better off with SiriusXM as a wholly own subsidiary versus being paid off by some white knight outright buying SiriusXM. I simply think Malone wants a deal to go through. I for one will vote for the deal because I've made a higher percentage off my year ago investment in LCMA than I have with my year ago Siri!!!! Over the pass year Malone has returned a higher gain than SiriusXM. I was really shocked when I did the calculations. For reference see my early post in this thread this morning (#15 around 9am).
Well it would appear the shorts are still covering today. Already exceeded daily average volume after being open only an hour.
for a good laugh (was he paid by LCMA) :LOL:
http://investorplace.com/2014/01/sir.../#.UsweXbRrjsI
Cough, Cough ---> "internet Radio" and "telematics?" Hmmm... Sponsored Data services? Hmmm...
"10:39 AM EST, 01/07/2014 (MT Newswires) -- Tesla (TSLA) and AT&T(T) have agreed on a multi-year exclusive arrangement under which current and future Tesla vehicles will be equipped with high-speed wireless connectivity.
With the internet, the internet in the cars will power remote engine diagnostics, telematics, and infotainment features such as Internet radio, Web browsing, live traffic, weather and navigation through a 17-inch touchscreen.
TSLA was lower 0.16% in mid-morning trade. T was higher 0.20% at $35.03."
Howard Stern talking Siri right now.
3.85 in play..... a hold here would be nice.
Attachment 1246
The thought is... unless the committee convinces Malone to scrap the "ratio" offer all together, I don't see Sirius XM going much higher from the current price. Think about it... so the committee asks for a more favorable ratio for Sirius XM shareholders, it then becomes less favorable for LMCA shareholders thus driving the stock price down which drives down the offer price. It's a wash. Sirius XM is trading at a 6.35% premium right now.
The Ratio is just a tool to use to their advantage and should not be etched in stone. Negotiation is on the table and TheSiriCom can ask for a higher ratio to reflect the BS pull down divergence over the last 2 months.....probably orchestrated by MaloneCo.....or a fixed price such as recent 52 week highs....or higher depending on TRUEGUIDANCE
EDIT: In reality it is all SMOKENMIRRORS BS