Sirius Satellite Radio (SIRI) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Sirius Satellite Radio (SIRI)

SIRI 20.71

-0.4%

1:55 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Art Baeckel who wrote (6244)	2/7/2007 8:48:48 PM
From: country bob	Read Replies (1) of 8420

You're right, institutional investing is a definite plus. It gives stability to the stock. Shorting, as you stated, generally occurs when a stock is overbought, but these shorts will eventually have to cover. Getting back to the r/s, I don't see any downside to it. If they did it now they could pull off a 1 for 3, reduce the o/s by 2/3, and still be cheaper than XM. Novices relate a r/s with an attempt to keep a stock from being delisted, but that wouldn't be the case here.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next