bdp

RBC, Barclays Weigh In on Sirius

Wont let sp dip past.

RBC, Barclays Weigh In on Sirius

Low volume today. Not 1 share traded in last 10 minmutes. MM has 200 shares parked at .1294

RBC, Barclays Weigh In on Sirius

For some reason MM's are forcing .13. Very tiny fluctuation from here. 2nd take down usually by 2:00, but does not look like it will happen. I can not believe I am wanting the sp to dip. Just want to buy more and average down, but not at .13

RBC, Barclays Weigh In on Sirius

Well, if we can make it past noon with no take down, it looks like we may stay around the .125-.135 level.

RBC, Barclays Weigh In on Sirius

If today is like every other day, the reversal begins in about 30 minutes.

RBC, Barclays Weigh In on Sirius

wait till about 11:30 for the big take down to .105.

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.