Siriusbuzz was migrated to a stronger/faster/securer server tonight so, you should noticed things respond a bit snappier around here.
As always, if anything seems buggy or out of place, please let me know.
Good luck to everyone this week.
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Siriusbuzz was migrated to a stronger/faster/securer server tonight so, you should noticed things respond a bit snappier around here.
As always, if anything seems buggy or out of place, please let me know.
Good luck to everyone this week.
There has been a sh!t ton of shares traded in the past several weeks and seeing that the volume has dropped significantly with no further decline in the sp, I wonder if we are due for a major pop into the CC? If buy backs have not yet been occurring, then all those heaps of shares have to have been accumulated somewhere. (And I doubt, (correction) I KNOW reets such as ourselves have no way been buying and holding on a massive scale. Just use our stress laden paranoid trades as an example. And we are probably among the bravest!) Perhaps they were purchased low and are holding in a forward contract for the buy backs. In that case, I would guess that the sp is positioned to start rising? One can only hope...
Could someone please send Alan Mulally a friendly note to inform him that our current CEO sucks donkey knards and we would gladly support him taking the place of Meyer?
btw, I like the Today Show move...... kudos Greenstein
UBSS just did it again...... sitting on top of the bid side with 507k and then yanked it.
It has become a daily occurrence. Wonder what they're doin'?
It's about time for the announcement of buybacks can commence immediately again, if I was guessing. ..gla
Creating pressure causing an effect on the sell or buy side. Watch what happens to the numbers overall when a large block is added. I have been seeing the same thing over and over forever. It seems to be used to help drag the sp one way or another. There obviously is no intention of actually filling those orders at the bid price but rather maybe screw with the computer algorithms that determine share placement of where, when and how many. Manipulates the human mind as well into making a poor judgement call and pulling the trigger prematurely.
Are these F#cking MM's capping it at 3.20??:annoyed:
And why aren't these SIRI head-honcho's (no offense, Charles) using the NOL carryforwards?? The 'quarter' that Mel used some of the NOL's was the same 'quarter' in which the EPS rocketed to 50 cents???!!!!
....... Q2 2012... 48 cents EPS
It is pointless to speculate on reason and logic where it obviously does not apply.
SlapShot27, that was a one-time transaction to monetize the NOLs. It shows up on the balance sheet as current and long-term deferred tax assets. As of 12/31/2013, they total about $1.8 billion dollars, and I believe the total is reduced each year by the amount of taxes they save the company.
Volume is pathetic showing extreme caution going into the CC. I'll bet we stay just about right where we are till Thursday...
Another day ascending on low volume. A good sign?
Seems that when UBSS is loading up on the Bid side, sp is bumped up a notch soon after the block is withdrawn. Last week when they loaded up on the ask side, the sp declined after they pulled it. Seems so long as they keep inserting these blocks of phantom bids, the sp keeps increasing. This seems like manipulation that works to our benefit, however, being that it is contrived and artificial, perhaps they are helping pump it up to unload at as high a price as possible before the big tank after the CC on Thursday. I think tomorrow will tell.
+1
......
cash flooooooowwwwww.....
http://biz.yahoo.com/e/140422/siri8-k.html
Form 8-K for SIRIUS XM HOLDINGS INC.
22-Apr-2014
Entry into a Material Definitive Agreement, Financial Statements and Exhi
Item 1.01 Entry into a Material Definitive Agreement
On April 22, 2014, our subsidiary, Sirius XM Radio Inc. ("SiriusXM"), entered into an amendment to its existing $1.25 billion five-year senior secured revolving credit facility with JPMorgan Chase Bank, N.A, as the administrative agent, and a syndicate of banks and financial institutions and other agents parties thereto.
The amendment modified the negative covenant contained in the revolving credit facility regarding restricted payments. Pursuant to the amendment, SiriusXM will be permitted to make restricted payments, which include dividend payments to us, so long as, after giving effect to such payment, SiriusXM's total leverage ratio for the four consecutive fiscal quarters most recently ended is no greater than 4.5 to 1.0; and both before and after giving effect to such payment, no default or event of default has occurred and is continuing. The description of the amendment to SiriusXM's revolving credit facility contained herein is qualified in its entirety by reference to the amendment, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference, and SiriusXM's revolving credit facility, a copy of which has been filed as Exhibit 10.1 to SiriusXM's Current Report on Form 8-K filed on December 10, 2012.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
10.1 Amendment No. 1, dated as of April 22, 2014, to the Credit Agreement, dated as of December 5, 2012, among Sirius XM Radio Inc., the Lenders party thereto and JPMorgan Chase Bank, N.A. as administrative agent for the Lenders, as collateral agent for the Secured Parties, and as an Issuing Bank.