Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am not demanding an explanation. Nor am I looking for a "professional" analyst, I'm simply stating that the ipad has nothing to do with the current situation w/ worldspace what so ever and I think most members here would agree with that.
I've been following, I asked for an explanation on what it has to do with if our shares stay active or not. We keep swaying from why we are here our shares need to stay active. You must not seem to get it, it has 0 to do with if these shares stay active or not.
No I don't know what worldwide Ipad launches has to do with these worldspace shares being active post chapter 11. Please inform.
Whats this goes to do with worldspace?
Liberty conf call is tomorrow.
Theres not much action going on here not much to moderate. I think you'll be fine. Good luck w/ that looks like a mess!
No thank you but thanks for the offer.
LOL I don't mind a little forward thinking trust me, I'm not bashing your speculation I'm merely saying that speculation has nothing to do with weather we make $$ or not. Ultimately you can be 100% correct and we make $0. I do hope and wish the shares remain in tact, If they don't its no big deal to me I understand its a total gamble. But in the very, very, very small chance that they don't get wiped out I will be VERY VERY VERY happy.
I really don't think your understanding the criticism. You may be right about all these clues you've discovered. But what good does all that do any of us if all the share holders if we are WIPED OUT? Bottom line is you can do all the investigating you want, shares can raise 5 cent tomorrow on no news, means nothing because you can link it to any type of speculation you want. The only thing that matters at this point of the game is an official announcement or REAL SOLID INFORMATION from court documents and imply's the shareholders will NOT BE WIPED OUT. Otherwise I as well as many other share holders could care less about the Black Eye' Peas or broken website URLS.
I didn't invest, I gambled. If you read my past post my reasoning is there. Its got nothing to do with the Black Eyed peas.
Yup I agree and every time I read it I just nod my head. Again and I wont say it again, if your still holding @ this point the only thing you should be thinking like is JOHN MALONE, and WHY WOULD HE KEEP THE COMMONS IN TACT?....The only and only answer would maintaining the NOL's and not creating a ownership change. That is the play here not the Black Eye peas........YES we are all here to speculate but there's speculation and fantasizing.
8k is still laughable volume in reality.....trust me I WISH it was good news but trust me you will DEFIANTLY know if its good news it will be ALOT more than 8k, todays volume more than likely was just a bunch of people who are looking @ siri and put some play $ in worldspace.
I hope some one knows something to but I doubt it means anything if anything its just some more speculative investors jumping on board forget the % volume move look how many real dollars were traded...nothing.
Lets just hope that all happens with the commons or at least a portion of the commons in tact.
Its not common that a company intitiates chapter 11, they choose chapter 11 and if there is so much more liability then assets and the creditors wont budget the judge may choose chapter 7 and liquidate. Even if its chapter 11 share holders can still be wiped out during restructure.
Yea i noticed I was more concerend w/
Worldspace might be appealing, not least because of the tax losses that could be harvested
Its been going on since Tuesday they'll have to report it once its complete. (that is if it is them thats buying....pretty certain it is)
More than likely the run up is because liberty is acquiring another 9% of sirius common on the open market.
I'm not arguing with you at all. I agree with what most of your saying. My only point I've been repeating is whether the common will survive or not. Do you understand worldspace can be worth 5 trillion dollars a year from now and it wont mean squat for you or any one else if after chap 11 your wiped out? (unless you buy the new share after), so as of right now I don't see how any one logically cannot understand that.
I'm in siri to so its almost a win win for me no matter what
I agree and thats my point which I will state again its about weather hes going to protect the NOL's and keep the common in tact. Bottom line. The technology can be great but if the commons are knocked out how does that help any one on this board.
You make absolutely 0 sense. I am invested to in the small chance that the common do not get wiped out to preserve the NOL's. Your off on a tangent about how great technology is and your invested because of the technology, do you understand your investment will be worth 0 if the chapter 11 wipes out the common? Do you understand that the technology can be great but you will lose money. I could understand if they were out of bankruptcy and you were banking on the technology. I'm really trying to understand your theory.
my point is its all about whether the comment get wiped out or not has NOTHING to do with the technology. The technology can be great but if the common are wiped out then where does that leave you?
ok so what good is your investment if your investment is wiped out in bankruptcy? if your bullish on the technology buy after BK, plenty of people believed in the technology there shares may be wiped out as well.......
Ummm.....technology is irrelevant, the technology may be great but the only thing you should be caring about is whether the common will be wiped out or not
this all comes down to the NOLS nothing more nothing less.
TRUST ME I LOVE THE MOVEMENT :) I just like to be realistic :)
I wouldnt say that, prolly just a few speculative investors following the sirius volume throwing play money around 300k shares is less than $5k total volume, remember we were at 170k shares in the NEG......if some one knew something it would be in the mutli millions shares traded.
Do you know what the NOL's are valued at?
these are all nice thoughts but what does this have to do with the common NOT being wiped out.....
It is but that seems a bit far fetched more "dreaming" then speculation
http://www.utahbar.org/barjournal/2007/04/net_operating_losses_preservin.html
I like this type of speculation........
One method for imposing transfer restrictions that has been successfully used by a number of companies is to merge the loss company with a new, wholly-owned subsidiary and impose the restrictions as part of the transaction. Under the terms of the merger, the loss company’s shareholders exchange their shares in the loss company for an equal number of shares in the subsidiary. The organizational documents for the subsidiary contain the appropriate transfer restrictions (and the existence of the restrictions is noted on the certificates that the subsidiary issues in the merger), and the loss company shareholders receive their shares in the subsidiary subject to those transfer restrictions. This structure converts the unanimity requirement generally applicable to the imposition of post-issuance transfer restrictions to a majority approval requirement.15
Under § 382, the value of a company’s NOLs can be inadvertently lost or diminished by share transfers, option and warrant exercises and capital infusions. Companies can use transfer restrictions to diminish the possibility of that happening, but there are questions about the enforceability of those restrictions if they are placed on outstanding shares. One of the ways to avoid challenges to the restrictions is to adopt them in connection with a merger. That process can trigger a registration requirement under applicable securities laws, but there is also a possibility that a company can avoid even that complication if the merger is structured properly.
thats huge speculation
what does the ipad have to do with this stock?
such as?
Im making the same bet you are but FYI John Malone has a real bully rep, so for him to keep share holders in tact for the goodness of his heart I doubt it I'm just looking for an actual reason
I get the bet, and I hope the common does get preserved,
I'm just trying to understand WHY he would save common when they are usually wiped out epically since he has so much leverage and the only things of any value he owns and btw this is not the sirius situation.
What makes you think Malone cares about large institutional investors (most of them pulled) XM I could sorta understand but not significant enough for him to care.....I just dont see why he would preserve the common.....
Yea but they can emerge and cancel out common......