bdp

Will John Malone Rescue Sirius XM?

Just a thought...
If Sirius were to be bailed out by whatever means and allowed to continue intact, considering our shares would also remain intact and able to be traded as usual, would it not be feasible that the sp increase to over $1 in a very short period of time, therefore relieving it from the threat of delisting? After all, less than a year ago it was trading at $3, and the company may ultimately be in a far better position in the near term than it was then. Bad economy or not. In this respect, there really would be no point in a RS or further dilution. Could it be that this is why there has not been this action that the RS has just been, yet again, another last resort back up plan in the event more time is needed? It is looking more and more (still in theory, however) like we may have made the correct decision, that is, for all of us who held out and didn't bail on this company. Then again, what more risk is left when the stock is trading at these levels anyway? Unless you bought in at these levels and have the time to day trade, you would have to be a moron to sell right now! Still keeping my fingers crossed.