He must be running out of money for his stock buyback. It looks like He had to hand over $400 Million to Vivendi for those warrants with the 432.5 and $37.5 strikes. We still have 32 MILLION SHARES IN WARRANTS WITH STRIKES OF $27.5 and $32.5 that might surface that were sold off by V back in february. The earlier reported buying up 700,000 to 900,000 thousand so it looks like he won't be able to buyup enough to stop the Liberty Media dilution he was talking about. I bet he thought he would get $20 shares and solve his problem, but now he must be eating through the $ Billion he had allocated.