If I read you right, SIRI shouldn't fall below $3.64 during the buy-back period. Do I have that right? We are there now. What happens if the PPS falls below that? Will the buy-back boost it back up to at least $3.64? I bought at $3.68 a while back & wonder if I gave it the kiss of death.
Something tells me this is a classic case of pump & dump. The rise today is because of GOOG. It has nothing to do with AMZN. Today, I'll be selling a "far out of the money" call credit spread with a strike date of a week from now, say in the 350 range. If it gets there by next Friday, fine, I'll have lost my bet, but sanity tells me this a one-day wonder.