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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: nola622   😊 😞
Number: of 15062 
Subject: Re: Liberty SiriusXM Group
Date: 04/13/2024 12:29 PM
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No. of Recommendations: 2
It's really not an arbitrage for Ted Weschler. He isn't short SIRI (he is actually long a few shares).

There are no natural buyers for SIRI stock (unless you are specifically covering a SIRI short position) because the Liberty Sirius shares are available at a discount and will collapse into the same security very soon.

As mentioned here previously, you cannot short SIRI inexpensively and there have already been one or two sudden short squeezes.
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