siri_investor

Sirius Finally Provides Wall Street the Clarity It Demanded

I totally disagree with your analysis. You don't seem to realize that the Short Sellers will jump on SIRI immediately after a reverse split and drive the stock right down. A Reverse Split will wipe out long term investors especially those that bought well above $2 or $3. If SIRI does a 1:50 R/S these investors will never recover their losses because SIRI would have to go to $150 which will never happen. What is more likely to happen is the short sellers will rush in and short it back down under a dollar, it's like ringing the dinner bell especially an already heavily shorted stock like SIRI. If R/S occurs then long term investors will have their losses compounded and locked in PERMANANTELY. Anyone that has been investing or stock trading for a while know's this. Get real man.. wake up. A R/S is almost as bad a bankruptcy for long term investors. The stock price is this low and can't move up because a R/S is in the plans and long term investors are very fearful of buying more because of this potential poisen pill. You can't fool us by trying to promote a reverse split. We know it will wipe us out. Enough of this B.S. The facts are SIRIUS needs to complete a successful refinancing of their debt with little dillution, no reverse split and through regular bank financing. If their business model is strong as it appears to be and the synergies of the merger are truely being realized then it will be no problem. They need to get the stock over a dollar by their own merits. A R/S will not do it and will only dig themselves an even bigger hole when they completely lose all support from their long term shareholders which are also your clients. You burn them you hurt the company more then you think. WAKE UP.