SIRI Intraday Updates for the Week of 11/24/08

[Demian]

WAR STEELERS BEATING PATS,SHORTING QLD IN A.M. TO 22 AND SIRIUS TO .20

Apex,

Stop yelling and go to your room.........1....2....3.....4!

[Demian]

Look at these big trades in AH.............

16:36 $ .16 - 691,169
16:22 $ .154 - 594,325
16:12 $ .1635 - 37,300

and look at this one for .2097.....

16:09 $ .2097 11,000

What's that about?


Sirius XM Radio Inc.
Nov. 24, 2008 Market Close: $ 0.16

Final After Hours Trade Reporting for Monday, 11/24/08

After Hours
Last: $ .167
After Hours
High: $ .2097
After Hours
Volume: 1,550,815
After Hours
Low: $ .141

After Hours
Time (ET) After Hours
Price After Hours
Share Volume
19:57 $ .167 1,000
19:45 $ .16 748
19:44 $ .167 1,012
19:44 $ .1679 1,638
19:44 $ .163 1,000
19:44 $ .1625 1,252
19:43 $ .1625 3,748
19:36 $ .16 300
19:32 $ .16 700
19:30 $ .1625 164
19:19 $ .1625 1,000
19:15 $ .1625 500
19:15 $ .159 6,700
19:13 $ .1615 3,005
19:13 $ .1625 1,300
19:10 $ .1614 1,005
19:10 $ .16 2,000
19:10 $ .16 6,995
19:08 $ .1614 1,532
19:08 $ .1625 4,468
18:54 $ .1614 2,000
18:50 $ .1614 1,468
18:42 $ .16 532
18:37 $ .159 1,860
18:37 $ .159 11,140
18:33 $ .16 1,000
18:27 $ .16 150
18:23 $ .16 2,000
18:23 $ .1625 1,000
18:22 $ .16 2,000
18:22 $ .16 1,000
18:14 $ .1609 3,380
18:14 $ .1625 1,620
18:10 $ .16 156
18:09 $ .16 5,472
18:09 $ .16 4,300
18:09 $ .16 6,837
18:09 $ .16 1,391
18:09 $ .16 5,609
18:09 $ .16 4,000
18:09 $ .16 10,000
18:08 $ .1595 500
18:08 $ .16 5,591
18:08 $ .16 10,000
18:08 $ .16 2,381
18:08 $ .16 1,528
18:00 $ .1595 3,000
17:54 $ .159 10,000
17:52 $ .1595 1,500
17:49 $ .1588 1,140

[Demian]

http://www.orbitcast.com/archives/or...reenstein.html

Orbitcast Interview with Scott Greenstein
By Ryan Saghir on November 24, 2008 4:26 PM

[APEXSPORTS]

YEA but that shiot was funny.. I almost couldnt type it I was laphing so hard!!! WWWhhhoooooooo......

pre market: trade at .10.. and market is going down today gdp,housing cost , consume convidence report...all gonna be neg.. pray we hold .14!!!


ps. have a nice day

[APEXSPORTS]

well we are holding .15$ today market down 10 if it loses the 1450 level on nas yikes we will retest the 1300 level and sirius xm will be .10$

hope we can hand on ..

but my qld short at 25.75 is doing great..

[Demian]

pre market: trade at .10.. and market is going down today

That single pre-market trade @ .10 means nothing. It was someone trying to paint the tape at the very beginning of pre-market trading...

07:31 $ .10 100

.10 X 100 shares = $10

It means nothing!

[Demian]

http://www.twice.com/article/CA66175...?desc=topstory


Jim Meyer, Sirius XM's operations and sales president.

Sirius XM Launches Black Friday Promo, Outlines Plans
By Amy Gilroy -- TWICE, 11/25/2008 8:55:00 AM

New York — On Black Friday, Sirius XM will launch a trial, free “Best of Both” promotion and its first holiday advertising under a single Sirius XM banner.

The company will give consumers three free months of “Best of Both” service with the purchase of any Sirius or XM aftermarket product. The top-tier service usually carries a charge of $16.99/month, and adds Sirius channels to an XM subscription or XM channels to a Sirius subscription at a $4 premium. The company will also abandon separate XM and Sirius ads and focus heavily this season on radio advertising, said operations and sales president Jim Meyer in an exclusive interview with TWICE.
The executive also offered several insights into Sirius XM’s outlook during this volatile period.

Meyer said the company’s sales to date of “Best of Both” subscriptions exceeded all forecasts, adding that it is too soon to tell how the lower-tier a la carte services is performing at $6.99/month.

“This is the first opportunity we’ve had to sell tiered programming. When you look at the other pay services, tiered programming has been successful. We’re encouraged by the early results. Obviously we like it better when they buy $16.99 rate than $6.99.”

The company hopes the switch to joint advertising will alleviate customer confusion at retail. “If you go to a Best Buy or Circuit City beginning this week, Friday, for the holiday period, you’ll see a common display with both brands displayed and a common merchandise strategy. We think that goes a long way toward the elimination of confusion. A single pointed display and single pointed ads. Also, within the retail brochures, one promotion for both brands.”

Displays will also be available in other stores and will spell out service plans.

He said advertising this year will include more radio and less TV. “We think changing it up was a good idea. We’re excited about [radio] because we think it is an efficient vehicle to get new listeners.” He noted of print ads, “We think we’ll be well represented in retail ads — we’re very happy with the space we’ve been able to secure through our retailers.”

When asked how Sirius XM perceived the recent spate of complaints from bloggers after the company adjusted its channel lineup, the satellite radio executive said the changeover resulted in relatively few deactivations. “Over the last five days, while I never like to lose any customers, I can tell you it’s been a non-issue. We did lose some. In my mind, so far, I’ve been very pleased considering as a big a change as we did.”

Meyer acknowledged the headwinds of the current economy, stating, “No doubt the downturn will have an impact on how many new cars are sold next year and how many will have satellite radio in them. We’re all trying to wait till this thing finds its bottom and figure out where to go from there. We get predictions from our partners and two or three industry sources and they are all over the place. It’s difficult to predict how many cars will be sold in 2009. With that in mind, we’ve always been on the Sirius side-and we’re applying that to the XM side — we’ve always been committed to the aftermarket business and we continue to be committed to the aftermarket and will continue to promote and advertise in ways that we think will help drive the business.”

Sirius XM is starting to experiment with promotions to customers of used cars. “The company is now old enough that we’re beginning for the first time to see sizeable amounts of factory installed satellite radios [in cars] that are traded in and sold, and now we’re very much interested in remarketing to get the next car owner to subscribe as well,” Meyer said.

It is working with CarMax and AutoNation and with certified pre-owned dealers. “We’re looking at ways to direct market to consumers of those used cars to offer them a try out. We’ve developed a lot of approaches and we’re out testing several of them now. This is going to take several months to evaluate.”

[imromo24]

great, I like. Not sure what they mean by radio and not TV and how thats good.

[Demian]

http://www.todaysfinancialnews.com/u...nity-5671.html


Sirius XM (NYSE:SIRI): Is this a buying opportunity?
Posted November 25, 2008
Sirius XM Radio (NYSE:SIRI) is one of the shakiest companies out there. It is covered in debt, has huge fixed costs, and subscribers are fleeing in droves. Shares are hitting new lows as investors bail. Could this be a buying opportunity?
By Andrew Snyder, TodaysFinancialNews.com

Baltimore – (TFN): For satellite radio investors, these are the times that everybody knew was coming. Financial pundits have been writing about the industry’s certain doom for years. We all knew the notion of satellite radio was based around a shaky-at-best business model.
Not only did the industry’s originators have to shoot multi-million dollar satellites into the sky, they also had to convince millions of Americans to pay for something they were already getting for free.
XM and Sirius were vicious competitors at first, but quickly realized they could not survive without permanently joining forces. They petitioned the FCC for permission to merge and waited for nearly two years before they received a verdict.
Eventually, the airways regulator gave its blessing and Sirius XM Radio (NASDAQ:SIRI) was born in July of this year. The company may not make it out of its infancy.
Build it and they “may” come
It turns out the pundits were right. Few folks are willing to pay to listen to the radio. Sure, subscribers at Sirius grew like wild grass for the first few years, but the novelty quickly subsided and the supply of early adopters that propelled the industry through its first few years quickly dried up. Now, the burden of an immense plunge in consumer spending is about to force the company into bankruptcy.
The subscriber growth figures tell the whole story. In 2006, Sirius saw its subscriber base grow by 82%. In 2007, that figures was 38%. This year, it will be lucky to lock in growth of 10%. And next year, the company optimistically expects to expand its base by just 8%.
Those are the kinds of growth figures you would expect to find in a mature industry, not one with less than 20 million subscribers.
What is worse than the company’s declining revenue base is its monumental debt load. In the next twelve months, Sirius has over $1 billion in debt coming due. $220 million of it must be paid in February. Unfortunately, the company’s balance sheet shows no way for it to find the liquidity needed to pay its bills.
Combine huge debt, incredible talent contracts (Howard Stern has a $500 million, three-year deal) and a consumer base that is going broke and it is easy to see why shares of the company are trading at all-time lows.
With share price at just $0.15, shares of Sirius XM have plunged by more than 90% this year.
Bankruptcy and an equity valuation of zero should be a serious concern for investors. Unless the company can re-structure, find the investors and subscribers it needs and can lower refinance its debt, there is no way it is going to stay in business for more than a year or two.
Finally… some potential
But speculative investors finally have a shot at rewards with the company. In late December, Sirius shareholders will get together to vote on some very important issues.
First, executives are asking investors to approve a major dilution of their positions. The company wants to boost the number of shares outstanding from 4.5 billion to 8 billion in an effort to bring in much-needed capital. The move, while essential to the company’s future, would hammer the valuations of today’s shareholders.
To help make shares more attractive to potential shareholders, management would also like voters to approve a major reverse stock split, ranging from 1 for 10 to 1 for 50. If approved, shareholders would own dramatically fewer shares of the company, but those shares would be worth much more.
With so much negativity priced into this company, it is hard not to be at least a tad optimistic.
For investors getting in at today’s prices, the upcoming shareholder meeting could lead to profits. After all, it is bound to bring increased press coverage and any good news could lead to short-term price spikes.
Volatility will be the key to this stock over the next few months. If you can stomach the ride and the very real threat of bankruptcy, there will be some shots at fairly large profits.
I will let you decide if such a risky play is for you.

[Demian]

http://www.hiphopdx.com/index/news/i...for-radio-show

Eminem And 50 Cent Team Up For Radio Show
November 25th, 2008 | Author: Andres Tardio

Eminem and 50 Cent have been partners in rhyme for some time. The duo has done everything from work on marketing campaigns to magazine covers and albums. Their collaborative efforts have been the root of both praise and criticism. Now, they're linking Shady/G-Unit once again by having 50's new radio series debut on Em's Shade 45 Sirius XM radio channel.

G-Unit Sundays is a new program set to hit Shade 45 every Sunday from 4:00-8:00pm EST. G-Unit DJ, Whoo Kid already has a series on the radio station called G-Unit Saturdays.

The kick off show, hosted by 50 himself, will re air throughout the week. These are the scheduled times.

Thursday, November 27 from 12:00 am – 4:00 am and 4:00 – 8:00 pm; Friday, November 28 from 12:00 pm – 4:00 pm and Sunday, November 30 from 4:00 – 8:00 pm (all times Eastern).