SIRI Intraday Thread Wednesday June 17th 2009:

[JohnnyIrishXM]

well we broke the 200 dma at .35 but we need to get above the 50 at .37-.38

1.8Mil trade at .33 and then it goes up to .35 after the trade,unbekievable,somebody needed to buy those shares,but as of now still no real buyers yet,at least in the open market...

[trippingthespeculatingpos]

im pretty sure this is the start of the move we have all been waiting for johnny, or at least ive been waiting for its very important we break out of the 50 and 200 dma and confirm that golden cross, that would be huge.

[john]

SP just jumped by almost .03......wonder what's up?

The rate increase is whats up. That one rate increase is what many analyst were waiting for. It is also why they did not give the merger that much credit when they found out that SIRIXM could not raise rates for the next 3 years because they were expecting it to happen long before now.

[atmgeek1]

I'm right there with you Tripp. It's working hard to hold .35, but the volume looks good today (compared to the past few weeks). Looks like I won't get much work done today

[underway]

The rate increase is whats up. That one rate increase is what many analyst were waiting for. It is also why they did not give the merger that much credit when they found out that SIRIXM could not raise rates for the next 3 years because they were expecting it to happen long before now.

Perhaps...but why today? That increase was announced days ago. But, I don't disagree, it could be that, or the iPhone app, or could be for no damn reason at all.

[john]

relmor, I have made it very clear why I dont post anywhere else. I am banned from Seeking Alpha (for now because of my responses to Brandons article about getting the Liberty deal voided). I dont post on Brandons site much because well that is self explanatory, it is Brandons (crfceo) site. I may have alot of time on my hands but not enough to defend reason to a bunch of Brandonites that take everything he says as gospel.

[relmor2003]

relmor, I have made it very clear why I dont post anywhere else. I am banned from Seeking Alpha (for now because of my responses to Brandons article about getting the Liberty deal voided). I dont post on Brandons site much because well that is self explanatory, it is Brandons (crfceo) site. I may have alot of time on my hands but not enough to defend reason to a bunch of Brandonites that take everything he says as gospel.

You would be surprised john how few of those there actually are over there. You would be surprised the shit he gets.

[john]

Perhaps...but why today? That increase was announced days ago. But, I don't disagree, it could be that, or the iPhone app, or could be for no damn reason at all.

Well really it was rumor days ago. Nothing directly from the company.


The Apple app is nothing compared to this rate increase. The rate increase will bring in multiple times more revenue then the Apple app.

[trippingthespeculatingpos]

SHHHHHHHHHHHHHHHHH john its not a rate increase its a TAX

[trippingthespeculatingpos]

http://www.reuters.com/article/marke...0090617?rpc=44


* Sirius XM iPhone app free to online subscribers

* Shares up 8 pct

NEW YORK, June 17 (Reuters) - Sirius XM Radio (SIRI.O) subscribers will be able to download software on June 18 that lets the satellite radio service's programming play on Apple Inc's (AAPL.O) iPhone...................