connorport

Major League Baseball Hits Sirius XM

one thing people forget. if SIRI insiders buy or sell stock in their own company it has to be publicly reported which would drive the shares up. they then would have to buy the shares at a higher price and then when they repert the sell they would be selling them at a huge loss after the general public dumps their shares. Also the Hedge funds would play this ball against the company to hurt their finances even further and would position them even better. The bondholders would love this action. They already think they will own this company in 2009. I know this because i have a few friends that hold some huge debt on SIRI and they have expressed to me their opinions. Just like stock they are speculating and hoping.