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daiello

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daiello

Re: was CA$H post# 33174

Tuesday, 07/29/2008 6:04:13 PM

Tuesday, July 29, 2008 6:04:13 PM

Post# of 35781
This doesn't help-- send out yesterday prob why it tanked on the acquisition news.

XM Satellite Radio Holdings Inc. (Nasdaq: XMSR) announced today that XM Satellite Radio Inc. ("XM Radio"), its wholly-owned subsidiary, is launching an offering of $550 million aggregate principal amount of exchangeable senior subordinated notes due 2014 (the "Notes"). The Notes will be exchangeable into shares of SIRIUS Satellite Radio Inc. common stock.

To be successful in the trading game, find a sound strategy and then learn and understand the rules of your strategy.

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