seraphim

Bearish Report Sends Satellite Radio Lower

I think you're right on the money, Luke. Why doesn't everyone else see it? "Beat it down and buy it up." It's fascinating to watch the big boys in action.




On Jun 20 06:09 PM luke skywatcher wrote:

> I've seen this tactic before-the big boys put the big scare on the
> shareholders, drive the price down, then buy back making money on
> both ends. It's called selling short and buying long. If you have
> the guts and fortitude to wait it out, the reward is coming....

General Discussion on SIRI

I have a question for all of you. When they say SIRI is offering 4.6 shares for each XM share, when do they determine the price? At the moment the merger is approved?

General Discussion on SIRI

Even if the merger were denied, XM would likely go under and Siri would still have their monopoly - without any concessions! But I just can't see why, after 16 months, Martin would publically support the merger, when all along he could've simply gone by their respective charters and denied it. What the heck, I went ahead and bought another 10,000 shares. At this price, you can afford to buy and hold. Long on Siri!