mogami_99

Clarifying Sirius Ambiguities over Liberty Shares

Hi, Also I think Liberty's BOD seats are tied to the prefered shares not to common. (But I think 40% of common gives seats on BOD just not the 6 Liberty currently has rights to) And of course 40% of common gives them alot of votes without BOD seats.

It was my impression that SIRIUS could not issue new shares. And then there is the chicken and the egg issue. Liberty is promised 40% of common. If SIRIUS issues 1,000,000,000 new shares 400,000,000 would go to Liberty. Or was Liberty only promised 40% at the time of the deal? And since Liberty is allowed to own 49.9% they could buy half the new shares.

SIRIUS BOD cannot do anything without Liberty because Liberty is ON the SIRIUS BOD (they could fill those 3 unfilled seat and veto any deal)

Clarifying Sirius Ambiguities over Liberty Shares

Hi, Liberty did not promise to never aquire more then 49.9% of common.
They are not allowed to exceed 49.9% for 3 years.

Sirius: Lessons in Manipulation, Part II

The main point about wash sales is you won't get to claim the loss unless the 61 day period is up or the SP goes up to where you sell the replacement shares at a profit. (Then you get the deduction for shares sold at loss)

example
buy 100@1.00
sell 100@.75 (loss=25.00)
buy 150@.50
sell 150@.25 (another loss=37.50)
buy 375@.10
sell 375@.20 (plus 37.50 but it is subtracted from previous wash loss of 52.5 that you could not claim before you sold. Remember you can't claim a loss on stock before you sell it and if you rebuy it is like you never sold it.


Make sense?
It's all legal you gain no benifit from this except YOU CAN INCREASE YOUR POSITION while a SP declines without introducing new money.

Sirius: Lessons in Manipulation, Part II

when it dawned on me SIRI was going to continue down I sold my shares at a loss. When I thought the price had hit bottom I rebought them (actually I was able to buy more shares with the same money)
I actually repeated this process several times before the price finally began the .11 to .14 cycles in Dec where I could sell for a gain and buy back in later at the lower price.
Since the SP kept falling even though I was doing wash sales the only change was I was adding shares each time. (I sold the shares I bought at .60 at .28 and bought twice as many at .14)
All this lowered my average per share. When I finally started selling at a postive the old wash loss was subtracted from my profit. (even though I sold shares bought at .10 for .17 the record still knew the .10's were bought after selling at a loss)

Sirius: Lessons in Manipulation, Part II

Hi, A wash sale is when you sell shares at a loss and then turn around and buy them back. You can't claim the loss now.

The wash sale period for any sale at a loss consists of 61 days: the day of the sale, the 30 days before the sale and the 30 days after the sale. (These are calendar days, not trading days. Count carefully!) If you want to claim your loss as a deduction, you need to avoid purchasing the same stock during the wash sale period.

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Sirius XM: Looking Ahead to Fourth Quarter Results

looks like buyers and sellers about even now price at .15

Sirius XM: Looking Ahead to Fourth Quarter Results

NASDAQ's after hours page is not working. Still saying no trades reported but at least 3 million shares have traded after hours so far.
Around 1 million dumped as soon as price hit .16 dropping it down to .145 (funny how it took 20 million to go up but only 1 million to drop) since then 2 million buys have it back up to .155

Sirius XM: Looking Ahead to Fourth Quarter Results

22 million shares at .16 right at close. Some kind of news must have came out after 1500.

Sirius XM: Looking Ahead to Fourth Quarter Results

ok whats up? Closed at .16

Sirius XM: Looking Ahead to Fourth Quarter Results

there's .15

Sirius XM: Looking Ahead to Fourth Quarter Results

almost to .15

Sirius XM: Looking Ahead to Fourth Quarter Results

woohoo we broke .14

Sirius XM: Looking Ahead to Fourth Quarter Results

well thats how you set your self up to be able to claim your always at least 50% correct. They will bury the wrong article and trumpet the other.
I hate Motley Fool because they never tell me anything I didn't know before I read their crap.


On Feb 27 02:36 PM ZealonsUnited wrote:

> Motley Fool are idiots:
>
> 9:23 - Media Stocks to avoid (seekingalpha.com/symbo...)
>
>
> 12:45 - Buy these stocks and make money (seekingalpha.com/symbo...)
>
>
> Which is it? Motley Fool is absolutely clueless!

Sirius XM: Looking Ahead to Fourth Quarter Results

can we get through .14?