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  1. relmor2003 is offline
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    05-29-2009, 04:12 PM #171
    Quote Originally Posted by JohnnyIrishXM View Post
    Was talking about Debt for equity swap,which is based on that days stock price...your talking about 900 million shares for 9.9% of company..
    Ahh, Im sorry, I was talking about a simple stock sale. I could care less if the bondholders want shares or not. Just tell the new stockholders that you are using this money to clear 09 debt out of the way, and they will take under market value Im sure.

  2. JohnnyIrishXM is offline
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    Joined: Feb 2009 Location: Valley Forge ,PA Posts: 1,583
    05-29-2009, 04:14 PM #172
    35 mil shares traded in last 10 min..2.4 mil at 3:50pm for .3580 and 27 mil at 4pm...Wow...

  3. underway is offline
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    05-29-2009, 04:16 PM #173
    continuing GREEN in AH....sweet!

  4. JohnnyIrishXM is offline
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    05-29-2009, 04:17 PM #174
    Quote Originally Posted by tim wallick View Post
    this should give you a basic ideal of what telematics services can provide.

    this may be the only place where i think Sirius and xm both were wise to extend the length of their contracts with oems, but with that said i think five oems have the right to use sdars spectrum for their own efforts and im not sure it excludes the offering of any other similar content.

    heres some of what i posted to another board.its worth reading thru when you have the time to check out the included links.

    heres the link
    Tim,SXM has a deal with GM for on star and 10% odf band width,also with Honda for same 10% but not used yet..One of the stips is they can't use it to compete with SXM or interfere with reception issues

  5. trippingthespeculatingpos is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    05-29-2009, 04:18 PM #175
    .38 yall could we start next week in the .40's?

  6. imromo24 is offline
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    Joined: Aug 2008 Location: Steeler Town, MI Posts: 2,524
    05-29-2009, 04:18 PM #176
    holy sh1t wtf

  7. imromo24 is offline
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    05-29-2009, 04:19 PM #177
    that book channel must be a smash hit

  8. imromo24 is offline
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    05-29-2009, 04:21 PM #178
    Quote Originally Posted by Tabor View Post
    Thanks Imromo.

    I am currently long and I bought in at .42. I wouldn't mind picking up some more shares at .30 or so and getting my average down.

    However...no, I do not have a lot of money sitting around, so I want to be as smart as possible with my next move.
    Tabor Im going to cry myself to sleep tonight, sorry.

  9. trippingthespeculatingpos is offline
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    05-29-2009, 04:24 PM #179
    i told him to buy didnt i?

  10. underway is offline
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    05-29-2009, 04:24 PM #180
    Quote Originally Posted by relmor2003 View Post
    Just did it with HSN. They had a third party buying shares cheap, while they already owned stock, and bought them for a set one shot low price.
    Right...that's not the same thing. The third party buys up stock at market, and they do it that way so no one knows LIBERTY is behind the deal and is on the prowl to buy up shares and launch take over, which of course, would drive up the stock price. Then Liberty buys the shares from the third party. But, no one can approach SIRI and say, 'hey guys, you just had authorization to issue more shares, so we want them for .10/share even though market says .35. That would be illegal, as it is screwing the company out of money for those shares.

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