With earnings out on Monday, I think this thread will be more active than usual...
Party on Party People :thumbup:
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With earnings out on Monday, I think this thread will be more active than usual...
Party on Party People :thumbup:
Futures are up so far. At least we might not have a headwind going in.
WELL ITS HERE Q3 NUMBERS AND MEL SPEAKS ABOUT SYNERGIES AND DEBT.. IT WILL BE A BIG WEEK FOR SIRIUS XM.. BUT I HAVE A FEELING
EVERYTING GONNA BE ALRIGHT MON..:thumbup:
LONG STRONG WITH 30,000 SHARES WICH AINT WORTH MUCH TODAY BUT IT WILL BE..
WAR// STEELERS AND BIG BEN GETTING IT TOGETHER, MEL GIVING US SOME GOOD NEWS AND ME GETTING SOME SLEEP TONIGHT STILL PISSED ABOUT THE GAME:annoyed:
just saw a hyundai sonata tv ad...states xm inside and has a on and off flashing neon xm logo during commercial and longer sight of it at ad ending.
Nice to see that we are getting some product awareness.
Just as a disclaimer:
I may sell shares depending on the results of the conference call.
I intend to sell if the price spikes, then buy back in once it settles back in.
This disclaimer is posted since I am a contributor to the website, just as Brandon made his disclaimer back before he sold and then bought back in.
I can't believe the falsehoods in these SIRI articles - one after another! The inaccuracies are never in SIRI's favor either....
mmmmmmmmmmmmmmm......
http://www.afterdawn.com/news/archive/15918.cfm
Sirius-XM channel merging to begin next week
9 November 2008 22:56 by James "Dela" Delahunty
The combination of Sirius Satellite Radio and XM Satellite Radio, Sirius-XM, will begin merging channels next week. The new company has 19 million paying subscribers currently, and despite an economic downturn, it is expecting growth. A drop off in car sales is somewhat threatening to its future business prospects however. While the company is being quiet about the exact details of programming change, many stations from the previous companies are expected to be merged if they provide similar content.
There will also be new subscription offerings for each system, with XM subscribers getting Sirius content like Howard Stern and the NFL for an extra $4 per month. All existing XM radios will get the Best of Sirius package, whereas only the recently-released Sirius Starmate 5 will be able to get the Best of XM package.
The Starmate 5 will get a la carte options as well, with users able to pick their 50 - 100 favorite stations for a lower monthly fee.
Warning--you may not get back in if the CC reveals that the debt has been dealt with. I'm not saying the price will shoot through the roof, but it may reach a new plateau with the debt being the major reason behind analyst downgrades. There also could be strong institutional covering if there is any significant upward momentum, as the stock is the most shorted on the NASDAQ. Don't let the emotional need to experience some kind of upside, after having been wounded by the PPS drop, cheat you out of signifgant long term gain...
UNLESS YOU GOT IN THIS A.M. AT .27 AND SOLD ON A SPIKE UP TO .50 THATS NOT A SMART PLAY IF YOU HAVE BEEN AVERAGE DOWN FOR PAST3 MONTHS.. IF YOUR IN FOR INVESTMENT BETTRE HOLD THATS A RISKY PROP..IF YOUR WANTING TO DAY TRADE, DO THIS WAIT TILL ABOUT 11-1130 AND LOOK TO SHORT AAPL, MRVL,RIMM OFF THERE HIGHS YOU WILL GET A 10% CLIP.. PEACE GOT TO GET BIZZEEE:thumbup:
http://biz.yahoo.com/prnews/081110/ny44887.html?.v=1
Press Release Source: SIRIUS XM Radio
BMW and Sirius XM Radio Extend Relationship
Monday November 10, 6:00 am ET
BMW will continue to offer SIRIUS as a factory option with a one-year bundled subscription
NEW YORK, Nov. 10 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI - News) today announced an agreement to extend SIRIUS XM Radio's relationship with BMW through September of 2011.
"Satellite radio's exceptional content fits well with BMW, delivering a premium mobility experience to our owners. More and more BMW owners are choosing to equip their vehicles with SIRIUS and we are pleased to continue making it available to current and future BMW owners," said Jack Pitney, Vice-President of Marketing for BMW of North America.
"BMW provides their customers with a superb driving experience and our commercial-free music and great sports, talk and news programming affords BMW owners the best in-vehicle entertainment anywhere," said Mel Karmazin, CEO of SIRIUS XM Radio. "We are very pleased to continue to extend our partnership with BMW."
SIRIUS satellite radio is available as an option on all BMW vehicles with a one-year bundled subscription included in the price of the vehicle. For more information on SIRIUS, please visit www.sirius.com.
SIRI's former council to be new FCC chairman?
SIRI to get a friend at the FCC?
http://www.businessweek.com/technolo...ge_top+stories
Obama Weighs Choices for FCC Chairman
As his transition team considers who will head the Federal Communications Commission, the power of the traditional telcos seems to be waning
By Olga Kharif
"In making the choice, the Obama team is considering appointing the first African American woman to the post, while it also fields recommendations from advisers who served in the FCC under President Bill Clinton. Heading up the selection process is Henry Rivera, partner at Washington law firm Wiley Rein. Headed by former FCC Chairman Richard Wiley, Wiley Rein has represented such companies as AT&T, Verizon Communications (VZ), Viacom (VIA), Motorola (MOT), and Sirius Satellite Radio (SIRI)."
Pre-Market Trade Reporting
Pre-Market
Last: $ .27
Pre-Market
High: $ .2798
Pre-Market
Volume: 3,672,241
Pre-Market
Low: $ .264
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
09:29 $ .27 100
09:29 $ .27 100
09:29 $ .27 3,000,000
can someone explain why would the 3 million share trade not move the stock up or lower?
The Sirius/XM Q3 CC is today...
It can be heard at 4:30 p.m. EST. on Sirius channel 113 and XM Live channel 90.
Also online at...
http://investor.sirius.com/
Good morning Demian, et al
I thought that earnings were going to be announced in the morning, with the CC in the afternoon.
Do you know what time earnings will be announced, or will it now be at the same time.
The stock has been pretty much flatlining for a few days now. It is weird to see those big blocks pass and not move the price all of the time, but there is some type of big position building that has been going on IMHO. The stock has been dragged around and manipulated. When the powers that be are done with their position building, they will remove the chokehold.....
Consult your own financial advisor....
---- Thanks
MORE NEWS...
November 6, 2008
2008 SEMA - AT&T CruiseCast - TV to go
http://blogs.consumerreports.org/cars/20...
AT&T CruiseCast, scheduled to become available in spring 2009, is the result of a partnership between the telecommunications giant and RaySat, a satellite antenna manufacturer. The system will offer 22 satellite TV stations and 20 radio channels at launch, with capacity for more. A variety of family, sports, news and entertainment programming will be offered from stations including The Disney Channel, Nickelodeon, The Comedy Channel, and CNN.
It can be used with any rear-seat entertainment system, and parental controls allow limits on what children watch. AT&T says their new technology includes a buffer system that stores up to three minutes of programming automatically, to prevent the common loss of satellite signal that can be caused by trees, tunnels, or buildings. The roof-mounted antenna weighs just five pounds including its mount, a fraction of some earlier models that can weigh up to 50 pounds. Plans call for a roll out at car dealers and mobile electronics installation shops. Cost will be $1299 plus a $28 monthly subscription fee.
http://biz.yahoo.com/prnews/081110/ny44871.html?.v=1
Press Release Source: SIRIUS XM Radio
XM to Broadcast Fourth Season of Tom Petty's Weekly Musical Series
Monday November 10, 10:00 am ET
"Tom Petty's Buried Treasure" kicks off new season on November 13
NEW YORK, Nov. 10 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq: SIRI - News) today announced Tom Petty's critically-acclaimed music series, Tom Petty's Buried Treasure, will launch its highly-anticipated fourth season on Deep Tracks XM channel 40, Thursday, November 13 at 8 pm ET. Tom Petty's Buried Treasure radio show is synonymous with the best of rock, rhythm and blues music.
"SIRIUS XM is thrilled to offer Tom Petty fans a brand new season of Buried Treasure," said Scott Greenstein, President and Chief Content Officer, SIRIUS XM Radio. "Only SIRIUS XM delivers the kind of premium audio entertainment experience that allows listeners to delve into the personal record collection of a legend like Tom Petty, and get an intimate glimpse at the music's impact on him."
Each week, Grammy AwardŽ-winning singer-songwriter, Rock and Roll Hall of Famer, Heartbreakers ringleader, Traveling Wilbury and rock legend Tom Petty pulls together a set of rare and classic tracks, many vintage, from his private vaults, for an hour of radio magic woven together with Petty's informed, passionate and entertaining commentary. This season Tom has been particularly inspired by the numerous emails from fans of the show requesting their personal "buried treasures", and their input will no doubt influence Tom's choice of playlists.
On November 11, 2008, Reprise Records will release Extended Play Live by Mudcrutch, the legendary Florida band featuring Tom Petty, Tom Leadon, Randall Marsh, Mike Campbell, and Benmont Tench. Mudcrutch undertook a brief tour of California venues in the spring of 2008. Extended Play Live features four tracks from that celebrated tour, including a dramatic fifteen-minute version of the band's masterpiece, "Crystal River," recorded live at the Troubadour in Los Angeles. All four tracks on Extended Play Live are currently available for streaming at www.mudcrutchmusic.com.
Also, Peter Bogdanovich's film, Runnin' Down A Dream: Tom Petty and the Heartbreakers, was recently re-released by Warner Bros Records. The critically acclaimed film brings Tom Petty and The Heartbreakers full circle, from their humble Gainesville, FL beginnings to their emotional hometown 30th anniversary concert. For complete and up-to-the-minute info on Tom Petty and the Heartbreakers, please visit www.tompetty.com.
Tom Petty, along with legendary musicians including Bob Dylan, Lou Reed, David Johansen, "Little Steven" Van Zandt, Mojo Nixon, Marky Ramone and B.B. King, represent the diverse and creative artist-driven music programming being broadcast by SIRIUS and XM today.
Tom Petty's Buried Treasure airs on XM's Deep Tracks XM channel 40 on Thursdays at 8 pm ET, with encore rebroadcasts airing on Saturdays at 4 am ET, Sundays at 2 pm ET and Mondays at 11 am ET. For more information, including a compete broadcast schedule, please visit www.xmradio.com/tompetty.
Earnings Preview-
http://seekingalpha.com/article/1047...o?source=yahoo
Sirius XM Radio (SIRI) is expected to report Q3 earnings after market close Monday Nov. 10, with a conference call scheduled for 4:30 pm ET.
Guidance
Analysts are looking for a loss of (9c) on revenue of $587.41M. The consensus range is (13c) to (7c) for EPS, and revenue of $509.61M to $618.9M, according to First Call. On November 6, the company said that current economic conditions, particularly the dramatic and recent slow down in auto sales, have negatively impacted subscriber growth for 2008 and 2009. The company expects to end 2008 with 19.1M subscribers and end 2009 with 20.6M subscribers. The company, which forecast FY09 revenue $2.7B vs. First Call consensus of $2.01B, said it remains confident in its revenue and Adjusted EBITDA guidance for 2008.
http://voices.washingtonpost.com/was...gh_panero.html
More From Hugh Panero
Here's a fuller interview with Hugh Panero, who guided Washington's XM Satellite Radio from its infancy in 1998.