ARI D K

Is a Reverse Split in the Cards for Sirius?

Some time ago there were 2 or 3 articles which mentioned the possibility of a RS, When Cramer interview Mel he specifically had asked him about a reverse split, Mel had said "a reverse split does'nt add value to the company" a 10/1 RS means that for someone who now averages at $2-3 will average at $20-30 .after the RS
If there is a company interested in partnership with Sirius/XM and are really serius they can ammend their bylaws for a particular company aquisition, if their required minimum as Tyler describes is $5