siri_investor

Finally Some Good News for Sirius Shareholders

You are completely wrong ! REVERSE SPLIT WILL WIPE OUT LONG TERM SHAREHOLDERS. Long term shareholders have bought at much higher PPS then it is today and if you reverse split you will lock in those losses for all these shareholders and completely lose their support both as investors and clients. The shorts will jump on this right after the reverse split and bash the price all the way down making it impossible for long term investors to ever get their money back. The price would have to go to $150 for a long whose average price was $3 pre split at a 1:50 ratio. SIRI will never reach $150 and these poor investors will essentially be wiped out. WAKE UP PEOPLE!. WE DO NOT WANT A REVERSE SPLIT Especially at these insane ratios of up to 1:50. ! That's crazy! If they reverse split a lot of LONG investors will turn into shorts to try and recoup their losses.