SIRI Monthly Thread December 2014

[dm_4]

Anybody know the remaining cash Liberty has to complete buy backs?

Per the siri oct 10Q

Stock Repurchase Program
As of September 30, 2014 , our board of directors had approved $6,000,000 in aggregate for repurchases of our common stock. Our board of directors did not establish an end date for this stock repurchase program. Shares of common stock may be purchased from time to time on the open market and in privately negotiated transactions, including transactions with Liberty Media and its affiliates.

As of September 30, 2014 , our cumulative repurchases since December 2012 totaled 1,090,313,069 shares for $3,768,374 , and $2,231,626 remained available under our stock repurchase program. We expect to fund future repurchases through a combination of cash on hand, cash generated by operations and future borrowings.

[Wolf Child]

oh, the puts were purchased yesterday 40k-ish @3.50x dec 20th

man is this assh0le gonna cash in. Tell me he didn't know something.

And where the Hell is the filing for the converts?!

[midas360]

Did anyone see the Zack's article on Sirius XM today? Apologize in advance if someone already posted it but just in case...

http://www.zacks.com/stock/news/1575...mpetition-rife

[midas360]

It's nice to see the P&F chart. Thanks for the post!

Siri P & F showing a bearish 3.21 price objective

[dm_4]

SiriusXM and Volvo Cars of North America today announced that Volvo customers will automatically receive a 4-year subscription to SiriusXM Traffic and weather information when purchasing any new Model Year 2015.5 vehicle equipped with the latest generation of Volvo Sensus Connect, Volvo's connected car platform.

http://finance.yahoo.com/news/volvo-...150000420.html

[Wolf Child]

wow....... my trades actually move the market now

[Slip60]

Dominick, You the Man!!!!!!!!! (again)

Oops wrong site

[njbones1]

Dominick, You the Man!!!!!!!!! (again)

Oops wrong site

He`ll love that, Slip.

[dm_4]

Excerpts from the Fed:

"Based on its current assessment, the committee judges that it can be patient in beginning to normalise the stance of monetary policy,"

"While the growth outlook remained solid, Fed policymakers indicated that they would take a slower approach to the pace of future rate hikes, a nod to the still-weak inflation picture."

"Now, with the unemployment rate down to a six-year low of 5.8 percent, many economists think the Fed will begin to lift them around the middle of next year, an expectation that is already roiling global financial markets."


Back in Ocotober Midas/waldo stated: SIRI will sell off over the course of the next quarter, its momentum down will be based largely on the large market sell off. It could get there a bit before or a bit after. So I’ll say over the next 3-4 months. The large market sell off will be attributed to some of the same things I mention will impact SIRI. Example: many of the corp buybacks will ’slow down’ because of the stress in the high yield credit markets. Corp buybacks have helped inflate the equity market (read: help increase the multiple). I can;t tell you when it will end only where its likely to end. But, I will only tell you the move has begun, and we should see a resolution over the next 3 to 4 months. It's not a one day event, its normalization.


Looks like your normalization/2.75 PT theory may just have got set back several months.

Markets obviously liked what they heard today. HO-HO-HO Bring on Santa Clause Baby!

[Wolf Child]

Best single day gain I've ever had.