ThankfullyStillHere

Sirius Announces Q2 2008 Results, Equity Offering

I cant believe that after explaining countless times, the dilution yesterday, some of you are still so "Gloom and Doom". I think everyone expected a rise in the price when the merger was done, because we saw it do so many times on rumors of an approval. BUT, what we did not see was so many shares being released and flooding the market.

What we have NOW is stock in a more profitable company. It will take time to soar back to 2.50 and beyond. It will happen. What you saw yesterday was a genius move for ALL OF US. I dont want stock in a company that looks "belly-up" from the word go, and that was Sirius and XM a week ago.

As far as Cramer goes... At the end of the exact story, On his website, it says... "At the time of publication, Cramer was not long on any stock". Who knows whether he is or not.. So the story here?

Be mindful listening to anyone who isn't invested in the stock.

Thanks,
Bill

At one time, you must have been confident that XM/Sirius was a good thing. Isn't that why you bought it?

Trust your instinct, and be patient.