tag:blogger.com,1999:blog-19852159.post116841428683452459..comments2023-10-31T09:29:05.963-04:00Comments on 10Q Detective: Sirius Satellite: Reverse Stock Split in the Offing?David J. Phillipshttp://www.blogger.com/profile/01447096336527192686noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-19852159.post-9699318548916550342009-11-25T07:58:35.781-05:002009-11-25T07:58:35.781-05:00Reverse splits are stupid, Rick
I hear you. Revers...Reverse splits are stupid, Rick<br />I hear you. Reverse splits are the handiwork of the desperate, typically enacted by companies that are trying to break their fall on their way down to zero. Issuing a split is also a zero-sum game. If Sirius declares a 1-for-20 reverse stock split, where every 20 shares would be replaced with a single new share, it wouldn't change much.supplementshttp://www.vitabits.co.uk/mens-healthnoreply@blogger.comtag:blogger.com,1999:blog-19852159.post-1168930835253731852007-01-16T02:00:00.000-05:002007-01-16T02:00:00.000-05:00SIRI management is using their stock like mark-den...SIRI management is using their stock like mark-denominated currency in 1924 Germany. They're cheapening the value--thru dilution-- for shareholders by hyper-issuing shares to procure distribution and content deals. Does this business model not concern you?David J. Phillipshttps://www.blogger.com/profile/01447096336527192686noreply@blogger.comtag:blogger.com,1999:blog-19852159.post-1168543389641419742007-01-11T14:23:00.000-05:002007-01-11T14:23:00.000-05:00other than SIRI=cash burning machine...what are yo...other than SIRI=cash burning machine...what are you trying to say here. As to say the informed have known about the SIRI machine for some time now....what has changed.<BR/><BR/>MAnonymousnoreply@blogger.com