SIRI Intraday Updates for the Week of 2/16/09

**RickF** · 02-17-2009, 10:24 AM

Damian SiriusOwner Tripping Bill - I really do not understand "shorts trying to cover" so this question may REALLY show my ignorance but .... could the price be retreating a bit because there are so many that "have to sell"??? Again (and i cannot say this too much - your efforts are really appreciated here and you guys assisted on this board when things looked about as grim as i ever want to see this stock - very appreciated!!) Go siri go!!!!

**sxminvestor** · 02-17-2009, 10:24 AM

Originally Posted by winagain35

Looks like the overall market will be fairly crappy today... Wish we could have some overall market momentum to help push us today.

Just Sirius luck, market getting completely hammered today. It's always something.

**trippingthespeculatingpos** · 02-17-2009, 10:27 AM

hey rick to complete a short sale the stocks have to be bought back since they are lent out, so thats how it raises the price, to intitiate the short sale the stock is first sold, then at a later and lower price they buy back, the action of buying it back is what should help lift this stock whenj shorts realize this isnt going to zero.

**just sirius** · 02-17-2009, 10:27 AM

sxm

no need to apoligize!!! Remember....you took one for the team...now I will be able to make my buy of 8000k this am at about .18-.19 instead of 7500k at .2

Your a good man!

**J56D** · 02-17-2009, 10:27 AM

Looks like it could be a bad ugly day in the market but Siri seems to do good on bad market days.

**trippingthespeculatingpos** · 02-17-2009, 10:28 AM

this link might help you understand short selling

http://www.fool.com/FoolFAQ/FoolFAQ0033.htm

**RickF** · 02-17-2009, 10:29 AM

Originally Posted by trippingthespeculatingpos

good news guys, this is a beautiful deal for sirius, they will have no debt problems till what 2011-2012? This gives plenty of time to realize the full result of synergies and develop that fcf, this thing should freaking fly today. The deal is so freaking stockholder friendly, and trust me having malone on baord will bring all those investor's who follow malone's every move, this is ****ing huge guys, man im pumped!!!!

Go Trip Go!!!! You gotta be the best cheer leader on the board and it is appreciated!!!!!

**Demian** · 02-17-2009, 10:30 AM

Over 33 million in the pre market traded.......

**just sirius** · 02-17-2009, 10:32 AM

Tripp

Sounds like your on your caffeine IV drip again this morning!hahaha

I know that this is a good deal for us. But I'm going to take a more subdued approach!

**Demian** · 02-17-2009, 10:35 AM

Don't even think about selling under .25.............let the short squeeze happen.

SIRI Intraday Updates for the Week of 2/16/09

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