Results 1 to 10 of 10

Thread: David Bank full of Bunk

  1. #1
    Sirius Roadkill is offline
    Mentor
    Sirius Roadkill's Avatar
    Joined: Feb 2009 Posts: 1,882

    David Bank full of Bunk

    David Bank of RBC and his fancy $1.00 price target and bloated SAC appearing on CNAB this morning with Goldman Sachs alum and chief apologist Erin Burnett:

    watch:

    http://www.cnbc.com/id/15840232/?vid...6844869&play=1

    NO Tyler Savery . . VIACOM IS NOT A COMP!

    6-7% annual EBITDA growth does not comp to Sirius XM's 5 Year compounded annual EBITDA growth rate of 24% . . not today, not tomorrow, not yesterday, not ever!

    David Bank is full of Bunk and Erin Burnett obviously admires his big SAC.

    btw, is it just me or does this guy remind you a little of Don Knotts? David Bank could be the Shakiest Analyst in the West
    Last edited by Sirius Roadkill; 10-04-2010 at 04:56 PM.

  2. #2
    Sirius Roadkill is offline
    Mentor
    Sirius Roadkill's Avatar
    Joined: Feb 2009 Posts: 1,882
    btw (yeah, I know, responding to my own post; where's muscle13 when I need him), CNAB obviously would have had the full panoply of Sirius XM analysts available to them . . . as follows:

    BGB Securities – Murray Arenson $1.35
    Janco Partners – Martin Pyykkonen $1.40
    Barrington – James Goss $1.50
    KOAT - Relmor Demitrius $3.25
    Lazard – Barton Crockett $1.35
    Miller Tabak – David Joyce $1.25
    SBCM - Tyler Savery $1.10
    Wunderlich Sec – Matt Harrigan $1.50
    Standard & Poors – Tuna Amobi $1.50
    Maxim – John Tinker $1.40
    RBC – David Bank $1.00

    Yet who do they choose to interview? Yup, David Bunk of RBC. Interesting huh?

    And who do they choose to represent the counterpoint to "Sirius XM is a bad stock?" Ooops, guess Erin's producer forgot to book that spot. Oh well.

    And of course this spot comes on the heels of last week's interview of Greg Maffei by David Fibber in which Fibber famously pointed out Sirius XM lacking the required OEM target of "13mm units" required to be profitable . . eh, few million here, few million there . . Fibber can't be bothered with small details . . . Fibber has got ad space he needs to sell.

    Feh!

    As Tyler Savery once warned me during one of his Pandora-Rages, "Think deeper man."

    Last edited by Sirius Roadkill; 10-06-2010 at 03:23 PM.

  3. #3
    SchultzyMN is offline
    Junior Member
    SchultzyMN's Avatar
    Joined: Apr 2010 Posts: 18
    Quote Originally Posted by Sirius Roadkill View Post
    David Bank of RBC and his fancy $1.00 price target and bloated SAC appearing on CNAB this morning with Goldman Sachs alum and chief apologist Erin Burnett:

    watch:

    http://www.cnbc.com/id/15840232?play...deo|&par=yahoo

    NO Tyler Savery . . VIACOM IS NOT A COMP!

    6-7% annual EBITDA growth does not comp to Sirius XM's 5 Year compounded annual EBITDA growth rate of 24% . . not today, not tomorrow, not yesterday, not ever!

    David Bank is full of Bunk and Erin Burnett obviously admires his big SAC.

    btw, is it just me or does this guy remind you a little of Don Knotts? David Bank could be the Shakiest Analyst in the West
    I have re-posted the link to the interview with David Bank.

    http://www.cnbc.com/id/15840232/?vid...6844869&play=1

  4. #4
    Sirius Roadkill is offline
    Mentor
    Sirius Roadkill's Avatar
    Joined: Feb 2009 Posts: 1,882

    Deer in Headlights

    Valuation multiple: Too high
    stock valuation: $1.00
    value of nol's: Zero


    glazed look in david bank's eyes: Priceless
    Attached Images Attached Images
    Last edited by Sirius Roadkill; 10-04-2010 at 05:08 PM.

  5. #5
    SchultzyMN is offline
    Junior Member
    SchultzyMN's Avatar
    Joined: Apr 2010 Posts: 18
    Did you notice that CNBC gave him a little plug as the WSJ best media analyst in 2009? Can't wait to see what he says six months from now!

  6. #6
    sxminvestor is offline
    Quote Originally Posted by sirius roadkill View Post
    valuation multiple: Too high
    stock valuation: $1.00
    value of nol's: Zero


    glazed look in david bank's eyes: Priceless
    lmfao !!!!

  7. #7
    Sirius Roadkill is offline
    Mentor
    Sirius Roadkill's Avatar
    Joined: Feb 2009 Posts: 1,882
    David Bank
    David Joyce
    David Faber

    3 Wise Men?
    or
    3 Blind Mice?

    and now a poem:

    David Bank full of Bunk
    David Joyce another Skunk
    Gimmie Tuna, Gimmie me Goss
    But not a satrad Albatross


    David Bank/David Faber . . separated at birth? You decide.
    Attached Images Attached Images

  8. #8
    Sirius Roadkill is offline
    Mentor
    Sirius Roadkill's Avatar
    Joined: Feb 2009 Posts: 1,882
    Here we go . . . first, David Bunk . . then David Fibber:
    Attached Images Attached Images

  9. #9
    Sirius Roadkill is offline
    Mentor
    Sirius Roadkill's Avatar
    Joined: Feb 2009 Posts: 1,882
    Quote Originally Posted by SchultzyMN View Post
    Did you notice that CNBC gave him a little plug as the WSJ best media analyst in 2009? Can't wait to see what he says six months from now!
    Yes Schultzy, and do you know who won the award for 2008?

    That's right, Mark Wienkes of Goldman Sachs. I needed to throw that in just in case Wienkes is killing time at his cubicle, waiting for Lloyd Blankfein to leave the office, and decides to google himself. I want him to know that even though he has not resumed coverage of Sirius XM, he is very much missed and often thought of by his shareholder friends here at Sirius Buzz.

    Who could forget how perfectly he nailed that $0.25 price target

    His analysis was so impeccable it was almost as if he knew what short trades were being made in advance.

  10. #10
    sxminvestor is offline
    Quote Originally Posted by Sirius Roadkill View Post
    Here we go . . . first, David Bunk . . then David Fibber:
    You almost wonder if the Mob has threatened his life because they have a big short position. It's almost like being told to take a fall in the 3rd round. No other explanation for the negativity in the face of such obvious positive momentum and growth.

  11. Ad Fairy Senior Member

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •