SATWAVES

Sirius XM Delisting: Not A Prayer

By David "Newman" Phillips There is no way to avoid it. This week, there is a going to be a PR release from Sirius XM (NASDAQ:SIRI) stating that they have received a delisting notice from the NASDAQ. As of the end of business on Monday, March 15th, Sirius XM officially ended their 180 day extension given to them by the NASDAQ to regain compliance with the Minimum Bid requirement of $1. As we all know, Sirius fell 2 days short with their run over $1 at the end of February. Below is a step-by-s...

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...

Cramer’s Concerted Effort Against Sirius XM (SIRI)

By Brandon Matthews Is Jim Cramer above the law? That is the question we sought to answer last week in an exclusive Satwaves Radio interview with Overstock.com CEO, Patrick Byrne. (OSTK) Mr. Byrne called in to Satwaves Radio to discuss recent regulatory changes in Washington and his in-depth work with Deep Capture, in which he has exposed many Wall Street scams. Patrick had penned an intriguing analysis of Jim Cramer titled: Jim Cramer's self written confessions of stock manipulation. Patr...

Reverse Split A Good Idea For Sirius XM?

By Brandon Matthews For the last year, I have been outspoken in my belief that Sirius XM Radio (SIRI) should institute a reverse split that won a majority of its shareholders approval last year, sooner rather than later. This remains a hot topic issue on the Satwaves Forum, and fear mongering short sellers are using stock message boards to further create fear and doubt among investors. It's time these myth's were busted and the truth revealed. It's true that reverse splits are often a last...