are we being diluted?
oh, the puts were purchased yesterday 3.50x dec 20th
Last edited by Wolf Child; 12-05-2014 at 02:49 PM.
And may very well happen again. Those 40k puts are a bit worrisome. But the good news is that if it does drop to those levels (yet) again, in only a few short months we will be right back where we started. I wish I had more faith in reality and I would have quadrupled my money this year rather than hold tightly to the pipe dream of a dollar gain.
Looks like SIRI is swinging back!! http://finance.yahoo.com/news/sirius...172921854.html
"SiriusXM is pinning its hopes on an oldie of its own, in the form of a 1940 copyright case"......According to Litigation Daily (sub. required), SiriusXM believes U.S. District Judge Colleen McMahon overlooked the phonograph decision’s significance. A further report, meanwhile, suggests the company scored a point when the judge this week said hadn’t considered the case and that it “might require her to rethink the ruling.”
Did you guys read this report.
Looks like they're fighting back.
Hoping so.
hedymoney
http://finance.yahoo.com/news/sirius...172921854.html
Looks like we are being sucked toward the 200 day.
In a statement, Sirius XM spokesman Patrick Reilly said:"We are pleased to have reached agreements that resolve this investigation. The changes to our consumer practices that we agreed to are practices we have already implemented at SiriusXM. Under the terms of the settlements, we have agreed to provide, upon the request of the states, additional information about our consumer practices and to participate in a process designed to address any previously unresolved consumer complaints. In addition, we agreed to make a payment of approximately $4 million to the States that has no material financial effect on the Company."Sirius XM in the settlement agreed to:
- Clearly disclose the terms and conditions at the point of sale, including billing frequency, term length, any automatic renewal date, and the cancellation policy.
- Not misrepresent information about available plans in advertisements.
- Provide advance notice about upcoming automatic renewals for plans lasting longer than six months.
- Revise cancellation procedures to make it easier to cancel.
- Prohibit compensation for customer service representatives based solely on retaining customers who attempt to cancel.
Those eligible for refunds must have had the problem between July 28, 2008 and Dec. 4, 2014 and haven't had it resolved. To be eligible, a complaint should be filed with your state attorney general by May 1.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
Maybe we will see some news re the converts come out today...after the close.
decent volume today.
Last edited by dm_4; 12-05-2014 at 04:00 PM.