A tidbit I caught today…If you saw my earlier posts I am skeptical that SIRI is a good stock to win with for this contest.however today A government representative [FCC?]was on CNBC.If you did not see it he was asked by the reporter.When do you expect to wrap up your review?.He gave the usual WSO..Poker response.basically;” It’s very complicated”.At this point ace reporter David Faber pressed him”Sir; respectfully, this has been going on for over a year..don’t you owe the company a answer; like tomorrow?”.The idea of this pointed question is to try to get, what is called in poker”A tell”.You minght want to see if you can review that clip on the cnbc site.My take was that maybe something is up.Naturally he gave a non commit answer” like we expect to wrap it up soon”.Which has been said before.What is different ?The bush administration is in its ending days.Frequently contriversial decisions are postponed till the end of congresses session.;.can you say summer recess?.you get the idea !..if this deal is to get done; it has to be before/if …the democrats take control of the FCC and congress.Expect something soon.But don’t expect a huge move[like a double] If the deal is approved.Still it could run %30 on news of a deal.Timing is everything.As I said I don’t think this is the greatest stock for this contest;but apparently this is the most widely held stock by contestants;so I thought it was pertinent.
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