The purpose of the tracking stocks is to create a much clearer picture of the true value of LMCA. As it stands right now the stock is selling at a 12-20% discount to it's NAV's depending on how you do the math. Anything to do with SIRI will be part of the SIRI tracker. By the way the ratio of shares you are to receive has not been determined yet. It will not be 1 for 1. You can expect each tracker to have a share value in the 35-40 range. The total value of the shares you receive will equal the current price of LMCA at the time the trackers are put on the market. You can expect the SIRI tracker to trade for a much higher price than reg. SIRI stock because the float of the tracker will be far far smaller. Stay the course. Good times ahead.
No wonder CLUELESS yo-yo's like you never make money investing. How could you? Your all hot air and BS. It would take a third grader less than a minute to look up Malones track record for the last 15 years and see he's one of the best of all time. Stay CLUELESS yo-yo
Hey Joe. Malone is taking the gloves off with the SIRI tracker. It's great news. Just a matter of time before SIRI will be a stand alone. Of course any deal will have to be a tax free spin. By the way some real news is on the way.