TheProf's Comments TheProf's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/321272/comments 'Save Sirius' May Be Going Too Far http://seekingalpha.com/article/110467-save-sirius-may-be-going-too-far?source=feed#comment-331909 331909
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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Wed, 17 Dec 2008 09:59:55 -0500
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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