SIRI IntraWEEK Thread 08-03-09

[Hopeful]

Looks like the news was well received! Going up from here?

[billhart22]

I am going to try and get a chart for SIRI with the 10 day sma and post it here. I am a little slow this morning, lol, but am working on it. I need some coffee....be back

[relmor2003]

hey relmor ill go out on a limb here and make a call. if we close at least .56 on friday. next week we hit .70's. and a dollar within a few weeks. hint. take a look at the weekly chart. hella bullish, still needs a good print for this week. but if we close lower than .53 , here come the 40's.

Thats possible. Im just not playing it that way. If it does happen, Ill be fine with it. I decided a long time ago what my core should be to get back to even, at a fair market cap value. Everything else is gravy.

[billhart22]

Oops! Posted in the wrong thread...negate that last post, lol.

[jonpluc@aol.com]

now wait a freaking minute here john. . I was in on that dime bet with pluc long before you and I don't need you honing in on my money; pluc only has so much to go around; don't want him spreading himself too thin by taking your action also



pluc will vouch for me . . I made my bet before the CC and I didn't condition-it on what happens today . . . tell'em pluc . . .

No worries i have plenty of dimes to go around, i have been collecting them for months now.

[jonpluc@aol.com]

I just got to thinking about cell phone, cable TV, Broadband service, etc. All these are now considered to be necessities and are slowly creeping down in price.

Where are you buying these things? My iphone is more expensive this 2 year contract then last, not less, my cable bill is far more expensive not less.

[john]

Sirius Roadkill, We may still be owing jon a dime. I just think the odds of it happening now after seeing the numbers out are much less likely then before. This was the quarter they had to get over IMO, now that they have and the numbers are nowhere close to as bad as I thought they would be, investors should not be willing to wait to see what the third quarter is going to hold because that quarter well be even better then this one even though much of the cost for the radios are put into the 3rd quarter for the forth quarter and that is what is going to make the 4th quarter look so good.

[Sirius Roadkill]

attn john . . I am making this prediction here first:

NASDAQ is screwed . . next letter from Mel will come from counsel

1.) Delisting requirement arbitrary and capricious
2.) Rank in total cap should be offsetting consideration
3.) Unintended consequences harmful to shareholders

NASDAQ has 3 choices:

1.) Grant the waiver to Sirius XM (won't do; bad precedent)
2.) Amend and revise current delisting requirements to utilize formula which takes into account total market cap (might do this long-term but not right-away; advantage here is they could back-in taylor-made formula for SIRI)
3.) Come-out with another extension

*Above will probably be rendered moot by natural rise in share price above $1.00

p.s. Sirius XM will not be delisted and will not Reverse Split . . Mel can give you the 120,000,000 reasons why . .

[jonpluc@aol.com]

Sirius Roadkill, We may still be owing jon a dime. I just think the odds of it happening now after seeing the numbers out are much less likely then before.

Guys i hope im wrong because i have every intention of getting back into the game in the .45s lol

[bassmaster]

cnbc--- SIRI reports a loss during auto meltdown but raises its guidance