cygnus

The Sirius Price of Liberty

Cos,
Appreciate your and the others analysis and time you have put into this. You have been right on with your trading strategy since you stopped averaging down a few months back. I, on the other hand, have watched and held as each significant pop evaporated in a couple of days. I did manage to pick up 25k at .06 the other day and brought my average down to where a buyout would make me some money. I'm going to start using your strategy though as that seems to be the best way to navigate the next couple months. Question is, we have earning coming up next week. What is your opinion on SP going into the CC and coming out of the CC. I'd really like to start to accumulate some "free" shares, but don't want catch the wrong wave and end up getting slammed into the reef.

Appreciate "most" everyone's input here as well. Great info and analysis...that hasn't done crap in the way of a decent SP, but has helped to keep me an others totally out of the dark.

On Feb 19 12:03 PM cos1000 wrote:

> Shure 46,
> I agree that it is hard to be an optimist, but with the unreliable
> main stream media out their, I try and stay with the facts as reported
> to the SEC through filings. The shakeout is for real and I am just
> trying to accumulated shares on "News Pops" down here. I am obviously
> in till the end ..... I posted this as my reality on Tyler's other
> article.
>
> All I know is this company as of Tuesday is now in a position to
> stave off BK. The Feb 09 is done, and with no other offers Malone
> will buy the UBS $100M Bank Debt, and Mel did not us any COH to take
> the Feb 09 debt out. This means he has the COH to take out the May
> 09, remaining $250M held by the banks. What Mel and John Malone set
> up as of Tuesday is a block to forcing the company into BK due to
> Feb or May 09 debt. The payments to MLB should be able to be made
> if properly accrued for $60M, if not the initial $150M to XM can
> be used for this and other operational costs during this period.
> So although nothing is in stone yet, the framework is there and that
> has me sleeping better at night. Eventually everyone out there following
> the company, and there are not many who do in detail, will get it
> right and the SP will move organically in the right direction. If
> Ergen buys us out for $1.50 then fine, the nightmare for me will
> be over and I will move on to other things, shippers, solar / renewable
> co's , infrastructure, to name a few. There will be life after this
> and opportunities will abound.