Posted On: 04/14/2014 8:14:53 AM
Post# of 56324
I owned SIRI at .145 a share made some money. It took them approx.
3 to 4 years after that to start retiring shares. Out of that 6 billion + shares they were only able to retire close to 400 million. With just under 5 billion shares left it did not do anything to the share price.
As a matter of fact SIRI has been going down for about a year now.That is when I got out.
Unless a White Knight comes along I cannot see any shares of FITX being retired under a dollar.
Nevertheless I am long with FITX.
3 to 4 years after that to start retiring shares. Out of that 6 billion + shares they were only able to retire close to 400 million. With just under 5 billion shares left it did not do anything to the share price.
As a matter of fact SIRI has been going down for about a year now.That is when I got out.
Unless a White Knight comes along I cannot see any shares of FITX being retired under a dollar.
Nevertheless I am long with FITX.
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