SIRI stock goes into the toilet.

BobMurdoch

BobMurdoch

Playing XBoxOne SeriesX/Supporter
Supporting Founder
Sep 12, 2003
5,770
190
Brielle, NJ
I'd wait for the inevitable reverse split first...... People tend to bail right before they go through and drive the price down even more...
 
BobMurdoch

BobMurdoch

Playing XBoxOne SeriesX/Supporter
Supporting Founder
Sep 12, 2003
5,770
190
Brielle, NJ
It's not going anywhere... It just means that the common stock will take that much more of a soaking if it falls too far and they do a reverse split for 1 for 5 instead of 1 for 2.... they might even do what Nortel did and do a 1 for 10 reverse....

Which then prompted it to fall 90% more in the next year.....
 
BobMurdoch

BobMurdoch

Playing XBoxOne SeriesX/Supporter
Supporting Founder
Sep 12, 2003
5,770
190
Brielle, NJ
At one point shortly after Howard joined my Sirius stock was worth $5K.... It's now worth $189.....

So much for it helping with my son's college fund.....
 

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