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To: Shack who wrote (128008)1/12/2006 1:50:41 PM
From: ajtj99  Read Replies (1) | Respond to of 209892
 
Stern dumping 34-million shares of SIRI would tend to cause a high volume reversal....off a high. I don't know what today is. It could just be a relief bounce (relief that Stern's sold his shares now, so no added selling pressure? <G>)



To: Shack who wrote (128008)1/12/2006 3:46:16 PM
From: Henry J Costanzo  Read Replies (1) | Respond to of 209892
 
OT..

SIRI...FA.....

Shack, assume you are aware of the situation with respect to large insider trades.

Yesterday's decline came with news Stern's contract will let him sell some 30 million shares....any time. No word that he has sold any yet......

Today, Karmazin announced he had bought 1 million shares....(apparently designed to reassure those nervous about Stern)..