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SIRI has 1.4 billion outstanding shares and is authorized to issue an additional 1.1
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| SIRI has 1.4 billion outstanding shares and is authorized to issue an additional 1.1
- Click HERE to go to the original thread with graphics
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| skylarbrie |
| billion. if you are a share holder, your stock will be diluted by every issuance of stock. case at point, Sirius will issue more shares to purchase xm. moreover, there is a threat of a reverse split which is usually problematic for stock holders. p.s. every time Howard receive stock bonus the face value of siri declines. |
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| LongShoreman |
| Sirius is like the Titanic and its very very close to the iceberg, |
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| skylarbrie |
| i'll buy siri at $2 |
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| Dick Fitzwell |
| As long as my receiver keeps working, WGAS?? |
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| elroyjonz |
| There is decent support at $2, but why bother? |
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| NOLDaemon |
| Sirius should put themselves another billion dollars in debt. That will go well with the dillution of the shares. |
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| lilbuddy67 |
| I'm waiting for 0.03 a share.......maybe in 4 weeks. |
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