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  • 20 Companies Most Likely to Go Bankrupt in Next Year [View article]
    jswede - I would suggest you pay close close attention to all data and commentary released in November and February with regard to your debt service concerns mentioned above. This topic will surely be thoroughly addressed at that time, both in the formal comments as well as the Q & A that will follow. As far as your thoughts about the exceptionally high level of short interest are concerned - please keep your eye on the ball, which is the absolute number - 124.7 million shares - not some absolute version of percentages, float, etc. The pain to holders of short positions is solely related to the number of shares they must cover in a rising market - not some "hypothetical" number such as # of days to cover, etc. Have a good day, jswede, and keep trying to cover your position on pullbacks, if you get a chance.
    Sep 18 08:38 am |Rating: +4 0 |Link to Comment
  • 20 Companies Most Likely to Go Bankrupt in Next Year [View article]
    With short interest still running extremely high - 124,769,789 shares as of 8/31 - it's not surprising we are seeing some of the comments above. The continuing strength of SIRI has done major damage to these shorts and threatens to do substantially more in coming weeks and months.
    Sep 17 23:53 pm |Rating: +3 0 |Link to Comment
  • 20 Companies Most Likely to Go Bankrupt in Next Year [View article]
    The collective judgment of the market - as seen in the impressive recovery from the February lows - is that Sirius XM's business plan and potential going forward will more than cover the concerns noted by jswede in comments above. As I mentioned a few days ago - we now have two posters on these pages who write virtually the same, in terms of style and agenda, as our old friend SIRI-Doom. Could we be seeing one person writing under multiple ID's?
    Sep 17 17:24 pm |Rating: +3 0 |Link to Comment
  • 20 Companies Most Likely to Go Bankrupt in Next Year [View article]
    This story has basically zero value - it is simply a plant by some with a vested interest in pressuring the stocks of certain companies.
    All valid measures of a company's liklihood of prosperity into the future have now turned positive for Sirius XM and legitimate investors are now committed to this company for the long haul. Any near term pullbacks are likely to run into solid underlying support and recoveries are sure to follow, leading to additional measured moves to gradually higher prices over the intermediate term. The number one story driving investor psychology at the moment is the likelihood that 3rd and 4th Qtr. releases (due in November and February) will reflect the benefits of renewed auto production and the recent introduction of new wireless Apps and devices that substantially broaden Sirius XM distribution into the future. Investors and analysts are gradually taking stronger note of all this and this favorable psychology should remain dominant in coming weeks and months.
    Sep 17 15:42 pm |Rating: +7 0 |Link to Comment
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