3 posts and columns on penny stock

Sirius Back Above a Buck

in News on February 17, 2010 at 10:59 am PT

Sirius XM Radio is a penny stock no more. Shares of the satellite radio company rose above $1 this morning, the first time they crossed that threshold since September 2008. As I write this, Sirius shares are trading at $1.07, up 11.46 percent for the day.

Google, Yahoo Going Shopping Again

in Media on September 23, 2009 at 3:12 pm PT

Remember the good old days of the last Web boom, when start-ups sold to Google and Yahoo instead of going public? They’re back!
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Pirate Bay’s Would-Be Buyer Sinks, Blames Media

in Media on August 27, 2009 at 4:32 am PT

A proposed deal to buy The Pirate Bay and turn it legit, which never made sense in the first place, now looks all but dead. The Swedish software/Internet cafe company that’s supposed to buy the file-sharing haven for $8 million now says investors that were supposed to finance the deal have disappeared. And it says this is the fault of the U.S. media, which supposedly spooked said investors. Sorry!
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