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Sirius XM Holdings Inc. Message Board

  • ljt4 ljt4 Feb 1, 2013 11:59 AM Flag

    Irrational Exuberence?

    I am beyond heavily invested in SIRI and want it to do nothing more than shoot through the roof, but, given the importance of beginning and completing the buyback with the intention of getting as many shares out of SIRI's high share count, does anyone realistically believe that Liberty is going to divulge or announce anything that will send the share price of SIRI through the roof?

    I had hoped there would be more buying activity at the share prices of last week and earlier this week, but the volume doesn't show anything other than less shares than usual.

    I would expect a slight pop Tuesday followed by a minor retracement in the following weeks. Again, there is no benefit to anyone to allow or cause the share price to run at this point......

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SIRI
3.46-0.02(-0.57%)Jul 23 3:59 PMEDT

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