dcellerate

Is Sirius XM Stock Being Manipulated?

sucks, your alias speaks for itself. Think whatever you want, complain anytime you wish, nothing will ever come of either one. Most readers realize that you can't intelligently debate or counter my posts, so all you can do is complain to Yahoo. Any moron can complain to Yahoo.

Is Sirius XM Stock Being Manipulated?

rstreeter, you are dead wrong. Anyone with a digital converter box will be able to watch free TV forever, those transmitters aren't going anywhere - and Mel is in WAY over his head, if not his paygrade.

Is Sirius XM Stock Being Manipulated?

If, as you claim, SIRI is being "manipulated," WHY SHOULD ANYONE BUY IT? The answer is obvious - they shouldn't.

If, as I claim, SIRI is the stock of a corporation in deep financial trouble, WHY SHOULD ANYONE BUY IT? The answer is obvious - they shouldn't.

As an underwater long, you have a vested personal interest in pumping this pig stock. That means you have no credibility.

BTW, the SEC filing that includes a SiriusXM BANKRUPTCY WARNING, is a SiriusXM 10-Q (a sworn, binding legal document) that was actually filed in August AFTER the merger occurred. I've yet to see ANYONE at SiriusXM swear to a public statement or PR. There is NO PENALTY of any kind or description that attaches to false, misleading or incomplete statements made by a corporate executive in a public statement or PR.

The bankruptcy warning issued by SiriusXM constitutes a serious risk to any investor. They didn't include that statement just for giggles.

How Sirius XM Should Handle Supply and Demand

relmor:

Don't confuse what you "know" with what you claim "everyone knows."

After all, it's you sitting on a losing position in SIRI that just keeps losing more every day.

So much for what you "know."

How Sirius XM Should Handle Supply and Demand

Rarely have we seen such a conclusory, unsupported statement from an underwater long obviously trolling for bigger fools, begging for buyers to waste money - as he has - on SIRI.

He makes a ridiculous argument that the sole reason for SIRI's penny stock status is a "supply and demand" imbalance, created he says by CEO statements that the subscriber growth rate is dropping, statements Mathews says were made "without any basis in fact."

Mathews apparently believes he knows more than the CEO, a belief that clearly has no basis in fact. In fact, that belief is based on nothing more than pure, unadulterated speculation by Mathews who is obviously desperate to resuscitate a dying stock and salvage what little is left of his investment on the backs of those he hopes to deceive.

Investors should avoid SIRI like the plague until the corporation shows at least 3 consecutive quarters of profit. To this moment, SiriusXM and its predecessors have NEVER made a profit despite burning countless $billions of dollars while dashing countless hopes and failing to achieve countless goals in a timely manner.

As we speak, SiriusXM finds itself in a perfect storm that could easily lead to a Chapter 11 bankruptcy filing and consequent cancellation of all common shares that presently have a significantly negative book value. This is no time to be rolling the dice on SIRI unless you can well-afford to lose your entire investment.

Readers need to bear in mind that Brandon Mathews is not a trained reporter but is, arguably, a lousy investor who finds himself stuck with a big loser in his portfolio. As he tries to convince you to join him among the ranks of long-suffering SIRI longs, just remember that misery loves company.