beanboy62

Sirius' Future Looks More Promising Than Ever

Brandon wrote In regard to vthe R/S
The pain of this has already been realized, and it's time to begin looking ahead to the future of SIRI, which may have never, since its creation, looked better from an investment standpoint.

I could not dissagree more :
The R/s pain will only begin if and when the R/S happens. Siri common PPS has the ability and potential to rise to $1.00 or more by oct 2009. If Sirixm R/S happens It will reduce a siri holders position by 98%. With that kind of loss in leverage the remaining 2% would have to rise to astronomical levels that are virtuallt impossible in this generation . If your average pps is $1.00 to $4.00.. After the R/s Your remaining 2% will get shorted again. The effect of a R/s will be just like BK for the holders of the common. he value of the a pre R/S siri position will be whiped out. Even if you are in with a average of .12cents you will lose money for a couple years even if Siri does ok post R?S

As for the R/S getting rid of short sellers

After the R/S Siri will have 360 million outstanding and that is more than enough to keep the short sellers in this stock . before delisting.Mel karmizan said on more than one occasion that the only reason to R/S would be to avoid delisting. The Key here is to get the refinacing done and get back those shares that were lent out to short.. Siri should do a debt for equity swap with those shares . The Sec extended the delist and weshould take full advantager of that. This is just my opinion.

Sirius Reverse Split Only "to Satisfy Listing Requirements"

Reverse split of siri will be the kiss of death for holders siri common stock.

It will absolutle wipe out the equity of the common.The reduced leverage of the smaller share position would make it impossible for anyone with an average of $1.00 or more to recover their investment. The stock will also be shorted big time after a split. Lets just hold on ,we have time enough for the pps to get back to a dollar. The bussiness has the potential to have the stock rise to over $1.00. AND if it doesent happen and delisting happens Siri could trade very well as SIRI OB. "OB" meaning"other Board" . Many other companys have been delisted gone to the OB for a while and done well enough to return to the nasdaq. Siri could do this. It is absolutely possible. So Tyler could you comment on this scenario?

What the Sirius XM Radio Future May Hold

Good idia I hope mel is listening. But what would be the incentive for The highly stressed auto makers to put out more bucks in a something that would help SIRI more than the themselves.

Taser Shareholders: Blame It on the Boogeyman

Bad company? junk suit?? No way!! The truth is that taser has a legitimate case. we all know that stocks can be manipulated via short selling which is legal unless it is naked selling ,Selling short without actually borrowing the shares. Mad Money Cramers admission of his doing so while working at a hedge fund and his explanation of just how it was done was a good example of how this is common practice. And now that they have removed the uptick rule its easier for sort sellers to get into a position.This rule should be reinstated.