no reverse split,not even a two for one would be acceptable...if every host;especially"Oprah"would start doing some live (on her television show )give a plug for sirius/xm giving her audience free satellite radios once a week and telling how great it is:The Oprah factor would push up sales to an unbelievable amount/like Howard Stern did when he joined sattelite radio...if all the host did their part to help feed the hand that feeds them the price could go over 100.00 dollars...just my opinion from a shareholder whose voice never gets heard...
Nick - 15 years ago
NO reverse split from a position of weakness, period -- if you think Sirius XM/
SIRI has had a rough time among media analysts up until now, it pales in
comparison to the onslaught awaiting after a RS from its current position. SIRI
would be crucified. On the other hand, a RS from a position of strength -- say
if SIRI were well on its way to $2 -- for the sole purpose of gaining a 'higher-
bracket' PPS and a proportionate reduction in share count, would likely benefit
the equity going forward. If a RS were executed from a $2 position, I'd say a
10-to-1 split might be ideal -- $20/share, ~400 million shares excluding any
further dilution... Executing a RS now would be akin to throwing a 'hail mary'
pass with no time left on the clock. Basically, it's admitting defeat... Sirius XM
should be focused on one goal (the ONLY option for success): Attain NASDAQ
listing qualification by running past $1 and consider a RS when nearing $2...
Let's be frank, let's review the history of penny stocks: I've never seen any
company survive when it attempted a RS from a penny position. Sirius XM is
a special case -- it survived the merge process, and its future looks positive
-- but, nevertheless...it's a penny stock... In summarizing, SIRI may need a
reverse split, but it must not, at all costs, attempt the RS before SIRI attains
NASDAQ qualification.
no reverse split,not even a two for one would be acceptable...if every host;especially"Oprah"would start doing some live (on her television show )give a plug for sirius/xm giving her audience free satellite radios once a week and telling how great it is:The Oprah factor would push up sales to an unbelievable amount/like Howard Stern did when he joined sattelite radio...if all the host did their part to help feed the hand that feeds them the price could go over 100.00 dollars...just my opinion from a shareholder whose voice never gets heard...
NO reverse split from a position of weakness, period -- if you think Sirius XM/
SIRI has had a rough time among media analysts up until now, it pales in
comparison to the onslaught awaiting after a RS from its current position. SIRI
would be crucified. On the other hand, a RS from a position of strength -- say
if SIRI were well on its way to $2 -- for the sole purpose of gaining a 'higher-
bracket' PPS and a proportionate reduction in share count, would likely benefit
the equity going forward. If a RS were executed from a $2 position, I'd say a
10-to-1 split might be ideal -- $20/share, ~400 million shares excluding any
further dilution... Executing a RS now would be akin to throwing a 'hail mary'
pass with no time left on the clock. Basically, it's admitting defeat... Sirius XM
should be focused on one goal (the ONLY option for success): Attain NASDAQ
listing qualification by running past $1 and consider a RS when nearing $2...
Let's be frank, let's review the history of penny stocks: I've never seen any
company survive when it attempted a RS from a penny position. Sirius XM is
a special case -- it survived the merge process, and its future looks positive
-- but, nevertheless...it's a penny stock... In summarizing, SIRI may need a
reverse split, but it must not, at all costs, attempt the RS before SIRI attains
NASDAQ qualification.