SIRIUS XM Radio Inc. Message Board
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Jack Shaw, a director, just sold a boat load of shares-- came in my email
more selling-- what does this all mean-- that nearly everyone at SIRIUSXM are leaving? #$%$!
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Most likely due to next years tax issues - remember higher capital gains tax, higher personal income tax, and some even have to sell to free up cash for this years taxes. Some people do make over $35,000 a year you know!
Sentiment: Strong Buy
- 1 Reply to crying_to_the_bank
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why not wait for the dividend?
Sentiment: Strong Buy
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u full of goat dung
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Quite a few investors expect the worst from the tax deal. And even if that doesn't happen, they've locked in profits and will have a higher basis when/if they buy back in.
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Cashing in before they go off the cliff. Cant blame them. These were sold yesterday probably why we went down a bit. Who knows.
Sentiment: Buy
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3.500.05(+1.45%)May 17 4:00 PMEDT