I own 60,000 shares of Siri. What is going on right now is a bit confusing, but apparently Malone made the deal to buy Siri stock at 2.15 last year when it was around 1.85, so he did pay a slight premium. He is just looking out for the value of lmca, and the lower price he can gain control of Siri at, the more $$ he will make and probably the more $$ Siri shareholders will make in the long run. If Malone sees value at buying Siri at 2.15/share, shouldn't I feel that I will make $$ going forward?
Is there any reason for me to buy 100 shares of lmca instead of buying more Siri?
Sam L