oregonduck

Radio Is Doomed - Tear Down the Broadcast Towers

Adelstein says yes--we are over the hump!!!

FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel

I predicted this a couple weeks ago. I bought about 10,00 shares when it was around between 2.40 and 2.50. I never thought it would get that low. Now I have 32,000 shares with an average cost basis of 2.72! I cant see how I lose money on this deal! All the shorters did was give us an opportunity for cheap stock. Now as of today we are even and if we go down again pre merger I can buy more! Or, if it goes up to 3.20-3.50 pre merger, it gives it a better chance of a pop up to 5.00 or higher. A lot of us with lowere basis will sell a lot of our stock but not all of it, because we will not want to pay all short term taxable gain on 150% gain. I see a long term gain of maybe 10$ per share or higher in 2 to 3 years and will want to keep a lot of my shares, buying more in the low times and selling some in the peaks, but keeping most of my "pot" of shares. Those of us who believe in the stock and now have a low basis, thanks to a lot of the insiders who I think have been shorting the stock pre-merger (and also buying a lot of stock on the side at the same time), will make a lot of money.


On Apr 24 08:32 AM NotVerySmart wrote:

> SIRI up over 14 cents in morning trading. Maybe I should change my
> handle. Hold on kids it's gonna be a wild ride!