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Liberty Media (LMCA) moves a step closer to full control after it converts around 6.25M shares...
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Monday, September 17, 2012, 5:48 PM ETLiberty Media (LMCA) moves a step closer to full control after it converts around 6.25M shares of Sirius XM (SIRI) B-1 preferred stock, giving it 49.5% stake in SIRI. LMCA +1.2%.
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Malone and Liberty have also created a lot of uncertainty. That creates fear.
Add to that the Obama's failure in the economy and the Mid - East---massive fear. Election coming----fear that America may have 4 more years of the great pretender-----who partied as the Embassies are aflame. Almost 50% of people on food stamps----with America beoming Hospice America.