Boy!!, if I went to tomorrow's shareholder meeting would I tell mel this .88?? or whatever is was. ?? cents a share at the close is totally unacceptable.
If he did a Reverse the shorts would only bring it back down, so a Reverse would NOT help him here.
The only things he could say tomorrow to get the share price well over $1.00 to stay are, IMO:
(1) Announce a Buy out at ?? $2.00-$3.00 tops.
(2) Share buy back must start as of tomorrow to keep share price well over $1.00 till after May 31st. to get on the Russel Index.
(3) Come out with some other BlockBuster news to get the share price well over $1.00 starting tomorrow morning.
IF He says and does NOTHING to increase the share price well over $1.00 starting tomorrow, I for one will have no choice, but to sell all my shares and say good bye to Sirius forever more. IMO
Can't wait till tomorrow to make my final decision going forward for my Sirius XM Shares., at least.
My best to all longs, tomorrow is the day of Reckoning for Sirius XM, going forward into 2011. IMO
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