Comments on: Why Is Sirius XM Stock Going Down?

By: Redemption Is At Hand - SiriusBuzz

Redemption Is At Hand - SiriusBuzz — Wed, 15 Oct 2008 03:19:09 +0000

[...] XM stock plummetting to its current lows. I wrote about it immediately in an article titled “Why Is Sirius XM Going Down?” It was in that conference when Mel, speaking in general terms, was taken literally for each [...]

By: Rod

Rod — Fri, 03 Oct 2008 15:52:22 +0000

Wow I Am a small time investor>I bought some bank stock 8 weeks ago this morning my stock is up 87% I know what i’m dong when it comes.
to doing my investing (I do my home work every day)
I beleive that sirius will start showing a profit as soon as the stock holders demand accountability from managment.
In all my research I find the only thing holding this company down is the management taking on stupid programing like Horward Stern(what a bad investment for Sirius) They need to figure out how to dump him & just pay the price upfront, then at this point just maybe they will start getting more investers & better programing.
I own 4 XM radios I think XM management was way way better than Sirius.
I Am buying 1000 shares today & more next week because I think the managment will be replaced sooner than you think. BUY BUY BUY

By: frigginregan

frigginregan — Wed, 10 Sep 2008 09:04:58 +0000

One things for sure, the drama surrounding this stock is unparalleled.

With yet another drop in the pps, I am tempted yet again to ponder selling and buying back in later.

I’ve contemplated this with each huge drop since the merger approval, and each time decided not to rationalizing “IT CAN’T POSSIBLY GO LOWER!”

And yet…it has gone lower each and every time.

Selling now and watching from the sidelines as it possibly drops below a dollar would be a small victory at this point.

Then I could ponder getting back in after a wait and see period.

Don’t get me wrong, I still believe in the long term value of this stock…but

… the thought of being stuck in this stock as it drops below $1 and stays there well into next year is just brutal.

Then again with my luck, soon as I sell Mel will refinance with better conditions, and we will get our first pop in ages.

LOL.

By: Dave

Dave — Wed, 10 Sep 2008 09:00:15 +0000

Funny how Brandon sells and now all his comments are negative. You got to be kidding me right??

By: Zach

Zach — Wed, 10 Sep 2008 05:09:26 +0000

I correct myself, not orbitcast — siriusbuzz.

By: Zach

Zach — Wed, 10 Sep 2008 05:08:51 +0000

I laugh at the sucker who sells this for cheap. It makes me wonder what orbitcast really knows about this company. Your credibility is being reduced to indecisive pumper dumpers.

By: Scot's Slant

Scot's Slant — Wed, 10 Sep 2008 04:55:42 +0000

Scot here. I’d like to hear how shareholders feel who previously owned XM sat radio stock before the merger with Sirius. They watched their pre-merger share price drop from nearly $30 to around $12. And now, their shares in a combined SiriusXM are worth a buck nothing. Does anybody out there really know what the hell is going on with this company?

And in a final closing thought, is this company on the verge of a complete meltdown where the doors will be shackled shut with the shareholders left holding an empty bag?

Scot’s Slant

By: Brandon Matthews

Brandon Matthews — Wed, 10 Sep 2008 03:59:01 +0000

investor…

That’s the really sad part. The current run rate is 2.2 million by my estimates. That does not include any new offerings that may contribute to growth and takes no account for increased penetration rates. That’s just the status quo.

Everyone knew he low balled the 400 million in synergies. They upped them slightly today…duh!

Mark my words. They will add between 2.5 – 3.0 million subs next year.

His low-ball tactics are only helping to kill the stock.

By: Investor

Investor — Wed, 10 Sep 2008 03:29:06 +0000

Now because of the way subs are counted by certain OEM relationships, with a high # of OEM’s in promotional periods, the 2 million additions could be beat and if retail improves a bit, then maybe they could end at 22 million by end of ‘09.

By: Investor

Investor — Wed, 10 Sep 2008 03:03:50 +0000

*** Correction to previous post

+ 2.3 million retail subs 500k (1st -3rd quarters) & 800k 4th quarter