relmor

OEM Math Leaves Room for Upside Surprises for Sirius XM

Wow, there are a lot of ignorant posters on here. To Kris23, "it has to be viewed by as everyone owning it" So thats what dictates a stock price? I wont even comment, its too slow thinking for me. Wont go up due to refianancing issues? Where are you going to get a rate of return on a bond from a stable company as large as Sirius? No where. They wont have a problem getting refinancing. The reason and the only reason this stock is where it is is because of CONSTANT DAILY SHORTING, its a wall of up to 1.5 million shares, and its job is to keep the stock price low so there is a transfer of wealth, from you who bought at 3 and up, to the smart money, who want it at 1.30. Once the merger was approved, the smart money didnt want to buy it at 3 of 4 or more after the huge short covering, so they choose to manipulate it to these levels instead.