Now that the Feds have lowered the interest rate to practically nil yesterday, won't it be a perfect time for Sirius to "refinance" its debt with a new loan with no or almost no interest?! That would certainly give Sirius some breathing room to build up its cash reserves, and you get the idea as to what this "refi" will do for its stock as well.
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An idea here ...
Dec 17 09:59 am
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All Comments by TheProf »'Save Sirius' May Be Going Too Far [View article]
Now that the Feds have lowered the interest rate to practically nil yesterday, won't it be a perfect time for Sirius to "refinance" its debt with a new loan with no or almost no interest?! That would certainly give Sirius some breathing room to build up its cash reserves, and you get the idea as to what this "refi" will do for its stock as well.