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Sirius XM Holdings Inc. Message Board

  • blueyedcatch blueyedcatch Apr 5, 2013 11:07 AM Flag

    Malone and SIRIUS are painted into a corner here because---------

    They were stupid enough to announce that were going to buy back 700 mln shares with the 2 bln dollar buy back.Which means that they have to pay less than 2.86 a share to accomplish it.If they come up with less than the 700 mln for 2 bln the stock will get sold on that news,and if they do better the stock goes up.The long of it is we`re going lower if we want SIRIUS to be able o full fill their promise,otherwise long share holders are screwed.Talk about BS-so tired of SIRI screwing shareholders out of what should be profitable for them,not just the board of fat cats.Think about this,if SIRI just announced a bln dollar buyback without saying how many shares they were looking for,which is the way most companies do it,we would be over 3.50 by now for sure.Time is money and this pig has taken too much of my lifetime that I will never get back.Malone do you really want your Legacy to be- One Greedy SOB?Or would you like too actually reward long shareholders for their faith in you?

    Sentiment: Strong Buy

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SIRI
4.165+0.005(+0.12%)Sep 28 4:00 PMEDT