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Thread: SIRI Intraday Updates for the Week of 10/06/08

  1. #21
    dnay1969 is offline
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    Nice post Seamless. I agree this company could be a global media powerhouse. Will it happen? God i hope so. To be at .48 cents is just so depressing. If theres some positive news at the 3Q CC i may buy more to average down. Good luck to us all.

  2. #22
    Demian is offline
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    Seamless,

    The global growth of SIRI can get a huge boost with an iPhone/iPod application as the iPhone adoption grows globally. Millions of potential new subscribers all over the world! I hope SIRI continues to grow it's internet subscriptions, as that really can continue to expand all over the world as new internet platforms expand. The content is what drives this growth, so I hope that SIRI continues to expand it's content online, as there is no bandwidth restrictions for their online offerings....

  3. #23
    dnay1969 is offline
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    This is HUGE!!!

    This is HUGE!!!

    http://www.bloomberg.com/apps/news?pid=c...

    "On the Nasdaq Stock Market, 263 companies closed below $1 yesterday, compared with 53 at the end of last year. The exchange is seeking to lengthen the period a stock can trade below the limit before a delisting. Nasdaq stocks under $1 yesterday included Sirius XM Radio Inc. and Trump Entertainment Resorts Inc.

    ``You're now dealing with extremely high-profile companies,'' said Glenn Tyranski, senior vice president of financial compliance at NYSE Regulation Inc., referring to Lehman Brothers Holdings Inc., Bear Stearns Cos., Washington Mutual Inc. and IndyMac Bancorp Inc."

  4. #24
    Demian is offline
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    That's good news, but that link doesn't work......try this one.

    http://www.bloomberg.com/apps/news?p...d=am9fQUjcakNY

  5. #25
    LittleTrader is offline
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    I don't know about you guys but i can already feel it. We're bouncing around in the green for most of the day and right around 3:30 we'll start tanking. I say we close at ~.42 today.

    this is getting ridiculous...

  6. #26
    Demian is offline
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    LittleTrader,

    I know it's easy to be cynical after the beating SIRI has taken, but I try to view things as if I were just coming into the market. SIRI might look like a steal from that point of view. It truly is amazing looking at the spiral of death that is the SIRI chart, but I try to remember that this is a growing business that has much promise and value. You could debate what the value should be, but it's worth something........isn't it?

    Market is red and SIRI is green.........that's positive!

  7. #27
    Demian is offline
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    I can't believe SIRI just hit .41......I have said that I was bracing for a possible panic dip to .39, but you never are quite prepared for this.......

    Thinking about buying more...............
    Last edited by Demian; 10-09-2008 at 04:42 PM.

  8. #28
    LittleTrader is offline
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    so the tanking started earlier than i had predicted and now we're flirting with the 30's.

    I understand that everything is getting killed right now but come on, these are not retail investors selling off everything at the end of the day for the past 2 weeks. what the hell is going on.

  9. #29
    Demian is offline
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    Dow now down 640...........this is a crash!

    Too late to panic.............

    SIRI hit .395 a little bit ago. Is that the bottom?

  10. #30
    Demian is offline
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    Mel to speak..........

    Mel Karmazin to present at Media and Money conference
    By Ryan Saghir on October 9, 2008 3:12 PM

    Sirius XM Radio Inc. chief executive officer Mel Karmazin is scheduled to present at the Media and Money conference, hosted by The Nielsen Company and Dow Jones, according to the conference brochure.

    The conference runs October 14 - 15 and will be at the Mariott Marquis in NYC. Mel Karmazin's presentation is scheduled for 9:35am ET.

    Karmazin is expected to discuss profitability in the company, and what it will take to make Sirius XM a major media player in the marketplace. He will also give his view of where the radio industry is headed and the media industry as a whole.


    http://www.orbitcast.com/archives/me...onference.html

    http://www.mediaandmoneyconference.com/

  11. Ad Fairy Senior Member
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