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Message from discussion 60,000,000 million shares retired for Sirius/XM according to the10K!
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nascarken  
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 More options Nov 6 2009, 5:48 pm
From: nascarken <nascar.ke...@gmail.com>
Date: Fri, 6 Nov 2009 14:48:50 -0800 (PST)
Local: Fri, Nov 6 2009 5:48 pm
Subject: 60,000,000 million shares retired for Sirius/XM according to the10K!
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On Page 20 of the 10K under (12) Stockholder's equity in paragraph 3:

"During the third quarter of 2009, Morgan Stanley Capital Services
Inc. returned 60,000,000 shares of our common stock initially borrowed
in July 2008 to facilitate the offering of the exchangeable notes.
The returned shares were retired upon receipt."

Let me understand this correctly these were most likely shares that
were used to short and they make up about 1.5% of the float and they
will no longer be used!    Dem, Jeff, Boones, chime in on this
one!     This sounds like really good news!   I hope we see more of
this in the future!


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