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Thread: SIRI Intraday Thread Tuesday June 2, 2009

  1. #1
    SiriusHope is offline
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    SIRI Intraday Thread Tuesday June 2, 2009

    GOOD MORNING ALL...

    Let the Game begin...Good luck to all today and hope we can close green again.

  2. #2
    trippingthespeculatingpos is offline
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    yeah lets get out of this .35 bs

  3. #3
    SiriusHope is offline
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    premarket is stalled at .35

  4. #4
    imromo24 is offline
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    many of the numbers released yesterday beat expectations, construction is up and some other index also. Consumer spending was better than expected although i think it was down .1%.

    CNBC expects TECH stocks to outperform.

    Today Car sales are announced...I think.

  5. #5
    imromo24 is offline
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    If the GM BK is truly already calculated into the $350MM EBITDA like mel said than good sales numbers could boost us back to over .40 combine that with possible mlb and iphone we may see higher next week.

    Again, I ain't no professional.

  6. #6
    SiriusHope is offline
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    GM... Government Motors=Grossly Mismanaged

  7. #7
    john is offline
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    Quote Originally Posted by imromo24 View Post
    If the GM BK is truly already calculated into the $350MM EBITDA like mel said than good sales numbers could boost us back to over .40 combine that with possible mlb and iphone we may see higher next week.

    Again, I ain't no professional.


    You do realize the reason that EBITDA is going to be so high is because of the OEMs not putting out so many cars. It brings SAC way down. The less cars put out means the higher EBITDA will be. So going from Mels point of view on EBITDA it is better for them if OEM sales are less and not more. Lets just remember that only gos for EBITDA and FCF for now. I am not saying that is what Mel would like for the long term.

  8. #8
    trippingthespeculatingpos is offline
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    well it looks like cramer has done his job well.

  9. #9
    underway is offline
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    Yeah, the headline on a piece on TheStreet.com is absurd (GM bankruptcy dooms Sirius) and not supported in any way by the video interview. It is so f'n irresponsible of this guy Scott Moritz it is sickening. What an a$$hole. so unprofessional. No place on the webpage to leave a comment...too bad...I have a lot to say. Jerk.
    http://www.thestreet.com/_aol/video/...=1#24982546001

  10. #10
    trippingthespeculatingpos is offline
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    "GM's sales for May - to be reported later this week - will be higher than in April, Henderson said, when the company sold 172,150 light vehicles, representing a 33% decline from the same month a year ago. He said May's "modestly" encouraging data would likely give GM its best sales month since September 2008."

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