Yesterday's volume was almost twice that of the avg trading day! +. Liberty also had very high vol.
That having been said, could Siri B "tracking Liberty's share action?
Yesterday, Zack's released a revised Liberty rating+ made it a "strong sell". So, in spite of increasing subs + increasing cash flow, Siri's S/V may NOW B getting hammered for what its "stepfather, Liberty" is rated at!!!!!
Malone gets to buy more cheap shares from retailers, this way, and, imo, can B expected to make another attempt to Hypnotize the siri retail shareholders into thinking that he's giving them a "good deal"= That'll B the day!!!
Malone going to Ride siri into the "assisted living home"?
He's getting close to the retirement zone, + IF he wants to enjoy his billions, he may start thinking 'bout doing some retirement planning with siri.First thing he could, + should do(imo) is to separete IT from Liberty's umbrella so that the "son does'nt get punished 4 the father's sins"!!!!
So, as we all know, Siri is the major asst in Liberty's(AKA J. Malone) holdings; and, as we can all see, BOTH siri + Liberty's shares R sinking on a daily basis, with Liberty's sinking ever so slightly MORE than Siri's.
Now, though it would seem that Malone must be overjoyed at the cheap prices he's buying siri's shares back(mostly from siri's retail shareholders+ with SIRI'S $$), it's beginning to B a bit puzzling as to whether Liberty is dragging siri down, or, vice versa!!
Either way, Malone is prpbably licking his chops, and getting his next ridiculous "offer" ready to present to Siri's reets, U NO, like the original offer comrised of newly printed, worthless liberty shares, supposedly worth 3.68 ea!!!
'Course, by NOW, J.M. surely realizes that the majority of siri retail shareholoders will give him the same answer that they did with his original insulting scam= stick it where the sun don't shine; BUT, would'nt surprise a bit, IF he were to try to go down that very same road, once again= after all, he's still a multi-billionnaire, + couls likely care less IF siri's share value goes down to a dollar= just gets him the rest of ownership, that much more cheaply!!!
That did'nt take long= when U know someone who's got the best flash trading program around, it's worth it to pay them a hefty fee to "stick it to" those who r "trying to steal Y O U R shares"!!!!!!
J.M.'S "Buds" struggling to get S/V into the red, where Malone's gonna keep it until he runs off all/or, most of those retail shareholders still holding aprox 2 bil$ worth of "H I S" shares!!!
Wow- Siri's outstanding content, evergrowing cash flow and sub base etc., etc., R sure helping its share value= Once again= a total disconnect between the share value and product and company operational metrics= But, it's just Malone putting the screws to the retail shareholders trying to run them off so he can garner ALL of siri's shares!
Well, as some would suggest, this "buyback program" seems to be working out quite well 4 Liberty(aka= J.Malone). I.E., they r getting to buy shares back, @ what have to B gargain prices, + that's good, right?
But, as one S/A blogger put it, the shares being "bought back", R, 4 the most part, shares owned by "retail shareholders, who have been getting more + more discouraged by the recent "Share value lockdown" staus of siri's shares!
Hard to NOT notice how siri's S/V goes red, every nit in after hr trading, + how, in the face of INCREASING auto sales, and DECREASING # of outstanding shares, Siri's price continues to decline a ct or two on a daily basis!
And, this is what we call a normal, legitimate trading pattern? Frankly, it appears(imo) that this company's share value performance + its operating metrics continue to be, as referenced MANY times, a total disconnect+ will now B at the mercy of those being pd by its ceo to hold its s/v in check, until he runs off every retail investor and owns every last share of the company that he pd the Last ceo a whopping 1/2 billion to, so that HE would exit quietly and hand the REST of siri over to its new ceo on a platter!
As the late and great Paul Harvey used to say, "here's the rest of the story"= Malone's gonna(imo) keep this stranglehold on siri's S/V(thru his lackies' help) 4 as long as it takes to run off every last retail investor=why? "Cause, imo, he just can't stomach the thought of ANYONE else(other than his crony buds) making even a nickel off the company that he pd a net of 14 thousand $$ 4+ THAT's the kinda guy that he's showing himself to B!
Just look at this stock's A/H performance EVERY night= it goes red in A/H every nite, and, that's not an accident= it's because it's programmed to do so by the best + most powerful $$ machine in the world +, we all know who THAT Is= it's the company that would jump thru whoops 4 a sure nickel just like the guy who's paying them to put the screws to the siri retail shareholders!!!!!!!
Hey, THIS was all way too easy to predict= given its usual late day "haircut," AND, then pushed down in A/H trading to just an overall nasty penny increase 4 the whole day; BUT, look at the "bright side= Malone will likely NOT get a minute's sleep tonight= Siri actually went UP a whole penny on the day, something that will surely make Malone mad as hell!
In fact, gotta give this guy credit; he's likely gone to every conceivable extreme, paying a ton of $$ to his G.S mercenairies, to make sure that NOT one penny of profit falls into ANY retail investor's hands, AND, he's done a masterful job thus far! He's the epitome of what our financial system has turned into= put the screws to anyone earning less than a million a year by "bleeding them dry" of whatever they own + whatever dreams + oppotunities they may envision= yup, a real class act= the cream of the crop when it comes to draining folks' investments, and, right arounf X-mas time= he's gotta B even proder of himself, with his timing= understand his grandpa's 1st name was Eboneezer! LMFAO!!!
This IS "programmed" to take "the downtown train". Leaves @ 3:00 P.M. Malone won't let a day go by that sees THIS much green= he's just "that kinda guy"!
Kinda "ironic" how, s/v can show an "ocasional upswing", full-well knowing that it'll wind up in the red, either by day's end, or, in a/h trading= beyond predictable, how Malone's using his buds @ G.S. to systematically program s/v into a "drop-zone" 4 as many retail shareholders as he can get rid of! 'Course, this is NOT "irregular trading', per the foloks @ Seeking Alpha= it's to B either overlooked, OR deemed as totally acceptable!!!!
W/O a doubt., look 4 the end of day trade that will send s/v into red zone= IF not by day's end, as in EVERY TRADING DAY over the past few weeks, 1-2 cts down in A/H trading!!!!!
Well, agree= there MAY B yet another 45-50 million of those toxic shares remaining 2 B "converted", +, once THAT happens, it MAY trigger a "new ball game'!
Either way, once all of the "converts R gone", it's merely a matter of Malone calling off his G.S dogs(imo) with their flash trading program aimed at surpressing S/V in order to continue running off as many retail shareholders as they can!
If there initially were, in fact, aprox. 550 mil$ worth of so-called, "toxic shares", then, that would leave aprox. another 265 mil.$worth of same 2 B "wiped off the books'?
Thus, IF SO, there'll B yet another(aprox.) 45-50 mil. share(@ THIS rate=3.50) yet 2 B "retired"!
IF, + when THIS happens, siri SHOULD B left with aprox. 110-115 mil outstanding shorted shares= a figure that will also B substantially reduced when the "overall clout" has been so drastically reduced= ALL good news 4 the "eventual Siri S/V"(IF Malone will just stop messing around with it)!!!
Hell, 1/2 of their "alumni" R Govt. officials in the U.S. finance sector! Additionally, yes, IMO, Malone I S 100% behind this "in your face" manipulated end of day freeze on siri's share value= keeping it "locked down" so that many more will do just as your "friend" did after holding on to HIS shares 4 so long
Most repulsive part of all of this is that a multibillionaire like Malone will go to THESE extremes just ty squeeze out the "little guy's few cts.'!!! It's as if he can't get by with being a multi-billionaire without robbing the little guy's savings acct= but, hey, isn't that what THIS country + it's system has been restructured to do!
Talk 'bout "Mis-information", This A.M's Business lists "The stocks w/the highest short interest",+, OF COURSE, puts Siri among those @ the top of THEIR list!
Well, just a "couple of notes" re: this= Firstly, though Siri undoubetly DOES have a huge Amt of outstanding shorted shares, IT'S the % of same vs. the total of outstanding shares that's MOST significant= an important barometer that the "spin doctors" always seem to intentionally overlook.
2ND, +, imo, this case, rather significant= Siri's outstanding shorted share total just DECREASED by 33.88%, OR, 83 + 3/4 million shares, which SHOULD shed some light on whether the so-called "toxic shares WERE included in the overall bi-monthly listing of outstanding shorted shares= looks as if close to 300 million$ worth of "toxic shares" just disappeared from the overall listing of outstanding shorted shares!!!!!!!
Trades like there's a "virus" in the system, that's set to push S/V BACK, @ the end of every trading day=though those @ Seeking Alpha" would deny, IMO, Malone has the likes of G.S. under contract to manipulate Siri's S/V 2 B "locked" in a low trading range, so as to run off the remaining retail shareholders!!!!!!!!!
Don't believe? Then, merely look @ After hrs trades E V E R Y day= there's ALWAYS a MINUS 1-2 cts in after hrs= just like clockwork= can bank on it+, this being preset in a programmers computer!
Guess that one COULD guess that Malone's NOT caring how low Siri's share value goes, in order to run off the remaining retail shareholders= If P/mkt's any indicator, then Siri's in 4 yet another bloodbath, today!
BUT, so is the whole mkt +, since Liberty announced the "Re-Set freeze" on LMCA shares, as of Jan 1 2015, 4 a 5-6 day time frame, Lmca's S/V has been tanking, +, If Siri drops, it affects Liberty's s/v, + conversely, Liberty takes a "bath", guess that Siri will do likewise!
Course a 1 or 2 billion swing isn't critical to Malone, inasmuchas he has 40-50 bil$ left!!!!
Well, guess that it's just not THAT important enough 4 the 'retail shareholders" to B given this info; seems as if SOME form of info SHOULD have been released as to their current status, !!
But, not only Malone, BUT the business media system has decided to with-hold info re: same= curious how they can get away with this nonsense, as if there's nothing wrong with NOT keeping the public informed of such important info!!