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Thursday, 10/08/2009 3:01:55 PM

Thursday, October 08, 2009 3:01:55 PM

Post# of 30824
Here is a great post from the comment section after the Barrons article

When you are buying or selling stocks, don’t look at speculative scare articles. Look at the facts. What facts do the speculative scare articles demonstrate in order to prove their assertions? There are not any facts in these articles. Insiders sell to have a pay day, not due to performance of stock. The SEC should review the articles as “fraud on the market.” John Malone has publically stated that he will not allow Sirius XM to go bankrupt. That is a fact. July and August auto sales were excellent due to cash for clunkers. That is a fact. Sirius is investing money to put repeaters in Alaska, Hawaii, and Puerto Rico. That is a fact. A company allegedly going bankrupt would absolutely not continue to buy and place repeaters in new growth areas. That is a fact. A company allegedly going bankrupt would not be putting new sattellites, like they did in 3 q, in the air. The game changing Sky Dock comes out soon. That is a fact. Don’t let the negative Nancy baseless and factless speculative scare articles written in the dead zone before the 3q report from two near bankrupt Old Media industries (WSJ and The Street) scare you out of your positions. The shorts will soon take advantage of this to cover.
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