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Thread: OT: Sirius/XM to merge
02-27-2007, 08:39 AM #25
Re: OT: Sirius/XM to merge
Sorry, but Siri's outstanding shares is just one of the reasons along with its dilution ...
When Siri traded over 255M shares in one day last week, you can bet that half of those shares don't even exist because they gave the shares away to insiders and to creditors.
It doesn't have enough of anything to flood the market.