SIRI Intraday thread: Thursday June 25th

[bullsirius]

what are the chances of a pullback on the news of being pulled off the russell tommorrow? does anyone think that its old news or something else to kill a good rally as usual!

[sxminvestor]

Nice trade. I reversed what you did today. I sold at .44(small over core lot, planned sale) and rebought at .47(planned buy). Ill take it your way any day.

You should have seen me sweating when it first hit as high as .48, thinking I just gave up 1/2 my position and thinking it would run past .50.

I hope tomorrow we can close at .50 or at least not lose any ground.

[SiriMonkey]

Howard's rant won't effect SP. Doubt adding Rosie will do anything to SP either. She's kind of washed up, but, who knows. Maybe she'll have a resurgence in popularity, but, she's become and angry, mean spirited 'personality' and has lost her comedic edge. For the sake of SXM, I hope she finds her roots and gets back to being funny and stops the political diatribe where she's short on facts and very long on loud mouth attacks. JMHO.

I respectfully disagree. If they wanted a comedian they wouldn't have
hired Rosie for a talk show, 2 hours long. Remember when she was on
the View? It seemed the show was ho hum until she became host. She
was constantly outspoken, outrageous and thought provoking and the
show seemed to surge in popularity because of her.
I watched the View very seldom but I was constantly reading about
something she was ranting about. And isn't that what it is all
about, the publicity? Just my opinion.

Julie

[trippingthespeculatingpos]

Moody's: About $775M Of Sirius XM Debt Instruments Affected
Last update: 6/25/2009 6:50:47 PM
(MORE TO FOLLOW) Dow Jones Newswires (201-938-5400)
June 25, 2009 18:50 ET (22:50 GMT)

[jonpluc@aol.com]

i think this move will not be like the last 2, i could be wrong but dont expect it to sell back off into the .30's, well i guess you could expect it but i dont think its going to happen. not on this news.

Ill be waiting for my dime.

[sxminvestor]

Ill be waiting for my dime.

This move seems like it it is more legit - massive volume, shorts covering, new money that sees potential and les risk.

[jonpluc@aol.com]

I disagree. I think he would result in no more than 1 million cancellations. Now factor in his contract.... That money can now be spend on other talent...
What did you really lose? now if its 2 or 3 million, thats probably not a gamble they would take. If they felt this was the case, I doubt they would be doing anything to piss him off. But they cant allow Howard to dictate there future anymore. Those days are gone. Its grown beyond him now.

I suspect you havnt listened to Stern for the last 3.5 years or your conveniently forgetting. You remember how many listeners were on Sirius when Howard got here? If you said 600,000 you were right. There is now 18X that just from Sirius alone,(not counting merger) almost all done on Howards watch. Believe me when i tell you Sirius didnt go from getting a hundred thousand subs a year to a million or two a year when HS got here by coincidence.

[jonpluc@aol.com]

This move seems like it it is more legit - massive volume, shorts covering, new money that sees potential and les risk.

Yea until next week. Or next month.

[Jason_Lucas_ADP]

Hi all -- first time posting here.
I hope you all hold your positions for the long run. I'm thinking its going to make a correction next week, but I can see this going past $1.00 per share in the near future.

Think longer term and hold your positions in market corrections.

[FUNFUN99]

siri will announce a Michael Jackson channel. negotiations will respectfully be done

Moodys and S and P no connection to MJ channel, will upgrade. today's new financing removes BK and shows that the street will soon upgrade the stock. retail investors will move back in. shorts are going to get stung.