I only sold 1000 shares at $4.10. Boy oh boy do I wished I would have seen this coming. I was more worried about getting my initial cost out of stock.
I guess the missing piece is what will LCMA/B shares trade at after C share new issue? $50, $75, 100? Surely it won't be $148 where it trades now.
where do you get the 6 days from...this will take months to play out...there will be no short squeeze imho.
who do you think is going to search these shares out to buy. Are you not worried about the C shares dropping 30% in the first quarter of trading. That makes your low shares $2.58!
When they re-IPO Sirius XM how many shares do you think you'll get 1 for 75 which basically means you get one new IPO share for every 1000 you own today. 1 X $24 is a lot of lost money.
Agreed...got most of my cost out but now I wished I would have sold more that 10% when it was over $4 last October. Re-bought the 10% for round two recently 3.51. I wonder how many new shareholders bought @ $4.
Malone can kiss my butt....I vote know to the #$%$ of a deal! SIRI is a cash cow worth $4.50 min. I sure hope ICHAN gets involved as an activist on this deal.
Wow! You must have one heavy short!