relmor

Sirius Finally Provides Wall Street the Clarity It Demanded

The answer to avoid delisting on Nasdaq is a lie. They will have a very long time to get over $1. SO basically that means Sirius doesnt think they can do it. Which means that the debt refinancing really isnt an issue(be resolved long before NASDAQ removes them). SO why the RS? Why mention it right after the merger? To show that see, we didnt even want it, but were forced too. Ya right, and Im a monkeys uncle. I dont hear any other $1 and under companies thinking about a RS right now. Why doest SYMN or COSI R/S? Because its a joke too. And its only done when your company is going bankrupt(to delay the inevitable).
This companys SP didnt like the quarter report. In fact, id say it hated it. So that news doesnt help. If a good quarter doesnt help , what makes people think resolving debt will? Im not convinced anything will help this stock. Never seen a stock with such high volume behave the way this stock has at these prices.