mlongj

Sirius Boosts Lineup with NBA Offering

Obviously the stock price has become a game of manipulation. Mel has allowed this, but it will not be forever. The shorting will continue unabashedly until the financing is in place. It is frustrating to watch right now, but I feel that better days are ahead. The stock market went down yesterday and Sirius was up 8 cents. Today the market is up 900 and sirius is down 2 cents. It is just manipulation at this point and does not have a rhythm or rhyme to it. This is the only way the lenders can make money at this time, and they are making a killing. At least they provided the time necessary to work out the details so Sirius can live to fight another day. Without the last minute financing, the 17 months could have been for not. I believe that Mel is very upset with GS and company but it is not yet time to make "those that want to hurt this stock" feel the pain. Those that want to hurt the company are doing everything in their power right now to accomplish its total destruction. Nevertheless, poor losers (NAB) never win. I would be willing to bet that the NAB will fold long before Sirius does, but at the moment the challenge is truly on for all the shareholders as the wild rollercoaster ride continues. Why did GS put out the .25 target? Why not put it at .10 or .05? At this point anything under 2. is a joke value but it keeps the stock price where it needs to be for now. Nothing will change until "they" decide to change it. I do not see a reverse split or dilution in the works. I see manipulation at its finest.

Of course this is my opinion. We will all wait and see what happens, and at least it will not be boring!


Long Sirius