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  • Stifel Lowers Sirius Estimates on Weak Auto Sales [View article]
    But the 800lb Gorilla in the room for longs besides the debt is the REAL threat of a 1 for 50 Reverse Split.

    I am pretty confident they'll get the debt refinanced. But the RS scares the SHIT out of me.

    I'd be better off selling now than face that bullshit.

    It'd be the ULTIMATE slap in the face to ANYONE who has been LONG this stock. Who has supported Mel all this time only to be stabbed in the back.

    My 10,000 shares would INSTANTLY become 200!!!!

    And Sirius is not like Apple. It's not going to then go from $8 to over $100.

    The inflated RS share price will be like ringing the friggin dinner bell for the shorts. They'll come in and rip my 200 shares to pieces.

    You think the pain is bad now?

    So vote NO on the Reverse Split.

    I'd rather Mel try and fail then resort to this bullshit.
    Oct 30 08:46 am |Rating: 0 0
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