Documentary Claims Sirius Stock Manipulation
April 20, 2009 at 7:53 AM (PT)
A documentary will be launched to DVD on the stock manipulation of SIRIUS XM RADIO on JUNE 10th, reports SEEKINGALPHA.COM, which writes "The Stock Shock movie interviews industry experts, journalists, stockholders, market managers, business professionals, and many more, telling the story of the stock manipulation and the individuals affected."
Some that were interviewed for the documentary include TYLER SAVERY and BRANDON MATTHEWS of SIRIUS BUZZ, MARTIN ROTHBLATT, RELMOR, MICHAEL HARTLEIB, and other shareholders of SIRIUS XM RADIO.
"The documentary will discuss the story of a stock that was manipulated down to .5 cents a share," continues SEEKINGALPHA. "When SIRIUS and XM RADIO announced the merger of the two satellite radio giants in FEBRUARY of 2007, the press release read a '$13 Billion Merger of Equals.' When SIRIUS XM RADIO recently traded at .5 cents a share the company had an approximate market cap of 500 million dollars."
Watch the trailer for the Stock Shock Movie here.
Visit the Stock Shock website here.