Ok, thanks. The timing is interesting and I liked your point that this was a formality that has been passed.
Ok, thanks. The timing is interesting and I liked your point that this was a formality that has been passed.
Homer - you are the Man!
Thank you so much for your insight and knowledge.
DEMIAN...
Your buddy at motley was cruel again today...I read your comments when he posts siri news...he must do it intentionally now to taunt you to see how you comment.
DEMIAN...what do you think about this?
i found this post…make any sense?
This will be the first SIRI Conference Call I can remember to be held after hours rather than in the morning. I think there are two possible explanations….. Common wisdom has always been that you reveal good news in the morning, to affect trading, and delay bad news until after hours. That doesn’t seem to fit this time since earnings will be revealed in the morning, revenue and EBITDA guidance is holding up, and slowing sub growth has already been disclosed….. The other, and perhaps more likely explanation is that something significant is scheduled for Monday and SIRI wants to command attention when they make the announcement. Could that be refinancing, particular after the strange timing of the announcement of projections?
I’m clinging to the hope that Mel is setting a trap for shortie. New financing should do the trick.
Great Strategy by the CEO?
The shorties will start thinking tonite!
Doesn't Mel seem to report good news in the morning? I would have to guess that a 4:30 call would not be held to announce great news. I don't think it will be bad news...just nothing that would cause any pops. Hope I'm wrong.
I don't know if you can read into the timing of the CC too much. Lots of companies have their calls after the bell. There is more likely to be a short squeeze in AH than during regular trading.....IMO.
I don't know what goes into the scheduling of the call after the bell vs. before the bell. You can speculate, but I wouldn't read into it too much. Good and bad news is reported before the bell and after the bell all of the time....
Apple always has their calls after the bell.
Will be a long weekend and long monday to wait for the CC...just hope it pays off in some way and we begin the climb back to .75-1.00 the next few weeks. I am being hopeful we can be back to a 1.00 by end of 2008.
you think so Demian?
The report stated, “The lowered subscriber outlook reflects both the weak auto market and a higher saturation of natural demand for the product, in our view.
Would this statement seem to reflect on lower auto sales or lack of consumer interest?