What are the chances we can AVOID a R/S??

[trippingthespeculatingpos]

ok all i ahve to say is wait and see, if they do an rs i will get it out because the price will fall. Im not saying me selling is going to make a diff in the price, but the millions others who will be selling will effect the price

[mogami]

Hi, to be clear. I think doing a R/S just to avoid delisting is silly. There is no pressure to do this. There is no proof NASDAQ would ever delist SIRI because of share price. (Their market cap is too high and too much is made off the commissions of this most traded stock)
Personally I think NASDAQ would not risk losing SIRI.

[trippingthespeculatingpos]

Hi, For every person to sell there must be someone to buy. Unless you own several hundred million shares the change in PS will be gone before your money is actually in your account.
The buyer will not be tied to your price average. You will be selling because SIRI is actually doing what is best for their future.

You bought when they were destroying the equity. I have heard of these contrary methods.

i did? how do you know when i bought? there isnt always a buyer there when u sell. usually its a broker facilitating the trade.

[john]

trippingthespeculatingpos, You are correct and that is exactly why the PPS will start to fall just as it does with all that do a RS. The thing is I am not looking at two months after I am looking at 2+ years after. I just think in the long run it would be better for the company.

[mogami]

i did? how do you know when i bought? there isnt always a buyer there when u sell. usually its a broker facilitating the trade.

Hi, If you bought shares at price that were now in the green you would not be worried about a R/S
SIRI is the most traded stock on NASDAQ there is always a buyer if you are selling and a seller if you are buying. (At least I've never had a trade not go through within seconds)

[trippingthespeculatingpos]

john im not saying thats not a possibility, but i think getting out of this mess without a r/s is a possibility too, but right now we just have to wait and see.

[trippingthespeculatingpos]

i have a .14 cent avg mogami so that little theory goes out the window, and yeah your trade goes through because a broker meets ur bid or ask. sometimes it is two retailers but more than likely you are buying from or selling to a broker.

[mogami]

i have a .14 cent avg mogami so that little theory goes out the window, and yeah your trade goes through because a broker meets ur bid or ask. sometimes it is two retailers but more than likely you are buying from or selling to a broker.

Then relax. The R/S will not impact you. You'll be gone before then

[trippingthespeculatingpos]

i dont plan on being gone , i have a long term plan same as you except my long term plan doesnt involve an r/s

[mogami]

i dont plan on being gone , i have a long term plan same as you except my long term plan doesnt involve an r/s

no plan survives intact. A R/S will have no effect on shares bought at .14
It does impact you if your average per share after R/S is higher then the converted SP.