SATWAVES

Sirius XM To Be Added To The NASDAQ Q-50

The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) announced today, that Sirius XM Radio (NASDAQ:SIRI) will be added to the NASDAQ Q-50 Index, following the results of its quarterly re-ranking. Sirius XM Radio's addition to the Index will become effective with the market open on Monday, March 22, 2010. The Index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index. The index has no minimum bid requirement. ...

Satwaves Radio to Interview Professor of Law, Antony Page Live Tonight at 9:00PM EST

by Demian Russian Satwaves Radio will be conducting an exclusive live interview with Indiana University School of Law Professor of Law, Antony Page tonight at 9:00 PM EST. An expert in Securities Regulation, Professor Page will be discussing the Nasdaq's recently updated rules, as well as the hearing and appeal processes for non-compliant companies. Professor of Law, Antony PageAntony Page is a Professor of Law at Indiana University School of Law in Indianapolis. He primarily teaches and...

Sirius XM CEO Karmazin Does It Again: SEC Approves Nasdaq Compliance Extension

By Brandon Matthews It appears that Sirius XM Radio (Nasdaq: SIRI) CEO, Mel Karmazin has pulled off another deal of the decade, and it appears that Sirius XM will not be required to execute its shareholder approved reverse split. Satwaves has learned that the Securities and Exchange Commission on January 29, 2010 has approved a Nasdaq motion to extend compliance periods for listed companies that fall below its minimum bid standard, up to 360 days beyond the initial 180 day notice. The newl...

Sirius XM Should Send Nasdaq A Delisting Notice

By Brandon Matthews I have spent the last several weeks focusing my efforts on the topic of a reverse stock split for Sirius XM Radio (NASDAQ:SIRI). Through extensive radio interviews with analysts and institutional fund managers, as well as subsequent print articles that highlighted these discussions, it has been my intent to educate Satwaves readers of the potential impact of a reverse split of SIRI shares at this time. The unanimous opinion of all of our guests to date is that a reverse sp...

Sirius XM (SIRI) Investors: Rationality and the Reverse Split

By David "Newman" Phillips Yesterday, my colleague Brandon Matthews wrote an article regarding the timing for a reverse split. The article was met with a large number of comments, ranging from rational to uninformed to idiotic. It is clear that Sirius XM (NASDAQ:SIRI) investors are a passionate, emotional group. Most have said the same about Mr. Matthews, yet when he writes a story outlining facts instead of emotions, he is ridiculed for it. Many have even claimed that Brandon is a paid bashe...