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If the house next door sold for 100k and your house was identical would that not make your house worth 100k? Just because it is not for sale at this time would you take that value out of your net worth? I fail to see why you think the market value of Liberty's Sirius stock should be taken out of the equation. Would you care to explain you reasoning behind that statement?
May 13 08:06 am
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All Comments by burnout »Buy Liberty Capital at a 66% Discount to NAV [View article]
On May 13 07:07 AM gspet wrote:
> I purchased a fair number of shares of LCAPA below $5.00 about two
> months back. So, I don't need to be convinced about the value of
> this stock. However, you built one giant premium into your math.
> LCAPA can not sell their 2.6bn for $10.54. Matter of fact, they wouldn't
> be able to sell 2.6bn shares of SIRI for it's current $.40. You might
> as well take SIRI out of the equation all together.