i seee everybody is in bitch mode today, WAHHHHHHHHHHHHHHHHHHHHHHHH i invested in a company thats has not made a profit yet and im complaining about typical stuff from companies yet to make a profit.
i seee everybody is in bitch mode today, WAHHHHHHHHHHHHHHHHHHHHHHHH i invested in a company thats has not made a profit yet and im complaining about typical stuff from companies yet to make a profit.
I read this article last night.
Frankly, I regret reading it.
Not because I have concern over folks NOT becoming a sub but moreso because I've grown really quite tired of blogs/sites that mooch on Siri to get clicks.
My notion is that this guy got more clicks from that one cancellation article than anything he's written that doesn't include "Sirius XM".
As for the notion that folks won't add due to someone *else's* cancellation experience...I don't buy it. It's not like someone got food poisoning and warned their friend to NOT eat at THAT restaurant.
Consumers (read: people) truly believe that everything *bad* happens to everyone BUT them. They (read: we) truly believe that we're so smart as to not get duped and only do we make smart, informed decisions.
It all goes back to content - it really does, in my opinion.
I hardly listen to HoSte - Robin's an Ass & Arte is well...anyway. I do listen to Bloomberg and a few other stations daily.
My point with that is that my interests are NOT what any of my cohorts interests are - *they* wouldn't be adding a subscription based on my experience at all.
Then again, my cohorts are of varied interests & socioeconomic levels/background. Then again, that's what I like about *them*.
Okay, maybe this was a tidbit of a rant.
Someday - and I hope soon - these "journalists" will realize that they can get just as many, if not many more, clicks with a positive reporting on Sirius XM.
***
now, I will step away. I have my re-entry order in & find the sudden urge to step away and get some air...
I did have a tough time cancelling XM account. It took 30 minutes of BS and hold time as the rep kept placing me on hold and coming back with various offers to get me to keep the sub, even though I already had 2 I was keeping. It was VERY annoying. But, this is not a problem limited to S-XM. All the companies that are subscription based pull this crap. It's become routine. Like I've said before...ez to sign up via web, impossible to leave...like trying to quit the mafia.
Agree.....SIRI is a spec stock. period. It has mountain of debt, yet to make a profit, and stock trading for pennies. Don't get me wrong....I think it will climb out of this. But, to expect management to NOT go to shareholders for approval for R/S and more shares is naive. They have to do this stuff....probably to avoid liability and shareholder suits if they end up in even worse shape: delisted. Worst thing. Pink sheet hell. Game over.
I disagree partially. Had they not diluted late last year they wouldn't be here (meaning BK). If it was to pay off all the debt I might be OK with it but the scenario that bothers me is that they pay off all but malone's debt then Malone converts leaving him with an undiluted 40% and Mel gets a nice bonus to cover his S/P losses. The interest on the debt, esp. not with malone's 15% is a drag on potential profits. I am not sure I trust malone. I know others do but I am still a little worried.
Have no idea who this is or anything about this website, but it's positive article:
http://www.paidcontent.org/entry/419...ived-up-to-ex/
wheres all the selling coming from.
rsi just hit 15
oooo goodie! We're in buying territory again!
[QUOTE=trippingthespeculatingpos;30588]wheres all the selling coming from.
IMO..it is the impatient who bought in hi 20's low 30's that still us in stall mode and are getting out in 40's. hoping it will be drop back into 30's...they WILL GET BURNED and regret early pullout.