thanx stang...knew it was too good to be true tho...its just a tribute they will do across some channels...not a MJ channel
thanx stang...knew it was too good to be true tho...its just a tribute they will do across some channels...not a MJ channel
does anyone have any facts regarding the new bond issue taking out that debt with the lent shares?
hope this uptrend continues , enjoy the ride
Do you realize the amount of cars sold with radios in it in that time? Do you realize how many new car deals theve done in that time? Internet was added, I can go on and on. They would have grown anyway. Maybe not as fast, and Im not discounting what Howard did for the exposure of sat. radio. Not one bit. But if he walks, they are fine. His money can attract enough new listeners to compensate. Go get Tom Leykis and Jim Rhome. Hire Carrot Top, LOL. Ok that was a joke, but you cant force Howard to stay. He will stay if he wants to stay. Does he deserve the same dollars? Of course not. They were trying to outbid XM. Heres there first great synergy coming into play. Terrestrial radio cant pay him enough, and he wont go back to it. His own delivery service is an option for him, but he will lose listeners simply due to loss of other content. Im sure there are thousands of casual listeners who listen a few times a week, but wouldnt cancel if he left. You cant take his listener numbers, and say theres how many who will cancel. A lot of those are possible life time payers anyway. Or might have bought for Howard, and now love it too much to get rid of it. I think Howard stays, and this is all about money. Mel and him will work it out.
Here comes the b.s. lol
Look at the chart that I posted. Over the last six months SIRI has made a successful gaining effort. Yes there are dips, but it has been progressing. It may or may not succeed , but give the chart a chance instead of relying on Micro issues. JMHO....Stand back further and look at the forest instead of trying to walk between the trees for an answer. (Ah, I love the Zen of things)
Bill
Last edited by billhart22; 06-26-2009 at 01:22 AM.
They name specific debt they will be removing, but leave the wording open ended for others. All tied to the XM side though, leaving the door open for a possible 2014 bond buyout. They will replace the debt with similar rates, but no shares lent for shorting. Float would immediately have 200 million less shares in it. No facts however to support that they will put the money there. Were are all just hoping.
Right. My point was about the news of contracting with Rosie and how I didn't expect it to affect SP, not related to her ultimate success or failure on SXM. Now that SP went up a lot yesterday, one could argue that I was wrong, and the Rosie news had a positive impact. Perhaps. But, I think yesterday's rise was more about the very positive news on the increased investor interest in the bond issue. I do believe Rosie will bring in subs, whether its due to her comedic talent (not so much lately) or her outrageous loud mouth opinions.
My point about Howard is not long term, but short term. Eventually he will leave one way or the other. It's about timing. The last thing we need as shareholders NOW is uncertainty over his intentions, or outright statements that he's leaving. It would be perceived by the street as a big negative. That's all I'm sayin'.
Not an issue as of today. Howard has been spouting off about retirement for over 10 years now. He is a creature of habit, if I have learned nothign else about the man. Insecure, and a creature of habit. He is willing to take chances with his career, but hes never taken a step back before. His own distribution would be a HUGE step back from SiriusXM. Exposure wise, and money wise. He is also unwilling to risk being embarrassed by a failure to launch his own service. Hence why hes only ever made one movie. It was a big hit, and hes too scared to try again. Hes more afraid of failure at this stage in his career, than breaking new ground. Only people making an issue of Howard right now is Howard, and investors who dont understand Howard, or how he acts.