Replies to post #2810 on Sirius XM Holdings Inc (SIRI)

[Slyhunter]

It looks like it may be retail bringing the stock up in hopes of the merger going through, not necessarily insiders buying it up. Today was a down day, after the gap up, possible that profit takers came in to play to stop any upward movement. I'm hoping those profit takers made a mistake.

However, the gap up occured before market open so today had nothing to do with retail bringing the stock up. Retail doesn't trade prior to market opening, only insiders do?

Still profit takers took control after market opened.

ie. I'm an amatuer at this stuff.

[eastunder]

Gainseeker,

You wrote "accordingly to a friend of mine there are many more that have recently bought shares but was not announced."

Legally, if I am correct they have to file a form 4

Here is a current list of transactions, btw. It is missing your first example but that can be found on JAVA's home page under sec filings.

http://moneycentral.msn.com/investor/invsub/insider/trans.asp?Symbol=JAVA

Now, I apologize for the following information... Because I own the stock and I liked your theory better then the fact.

You posted...INSIDER TRANSACTIONS REPORTED
Date Insider Shares Type Transaction Value*
5-Sep-07 MEYER JAMES E Officer 8,300 Direct Disposition (Non Open Market) at $0 per share. N/A
7-Aug-07 GREENSTEIN SCOTT ANDREW
Officer 144,848 Direct Sale at $3.01 per share. $435,992

WHen you pull up a form 4 it list's either an A or D
A... aquired
D... Disposed as in sold.

The two listed, sold their shares WHICH doesn't really matter because what they sold WAS such a small amount compared to what they own. Perhaps college? A house? who knows what they needed that money for. It means nothing.

As for buying shares and not announcing it...Good lord I hope not. I don't want a backwards Martha Stewart thing going on with JAVA.