Lehman, Merrill, AIG, And Debt

Business on the weekends in the financials is becoming commonplace with deals being cut, and major decisions being made while the rest of America is trying to have quality time with their families. this weekend we saw major activity once again. Lehman Brothers is going bankrupt, Bank of… → Read More

Sirius XM Signals: Privatization

In a Wall Street Journal Interview, Mel Karmazin states that he would love to take the company private. The title of the article alone indicating that Sirius XM is sending signals, suggests that Mel is seeking bids on the company. “…Given Sirius XM’s low stock price, Mr. Karmazin said… → Read More

The Plausibility Of Sirius XM Manipulation

Each week it seems brings a new clue into the potential manipulation of Sirius XM stock. I had mentioned several weeks ago, that Goldman Sachs was the current holder of approximately 130 million dollars worth of 300 million dollars in Sirius convertibles, due in February of 2009. It is… → Read More

HURRICANE IKE UPDATES

The Sirius Emergency system was activated on 9/10 to provide unique emergency information to the greater Houston area. Hear live reporting on shelter locations, evacuation route conditions and preparation information for civilians. The channel also provides messages from local authorities and the Red Cross along with traffic reports… → Read More

SiriusBuzz Conference Call 9/11 9:00 PM EST

The weekly SiriusBuzz radio Show will not air tonight. With all of my travel in the past few days I neglected to get the radio show scheduled, and now am past the time where I can schedule the show through Blog Talk Radio. However, all is not lost…. → Read More

Sirius XM – Supply And Demand

It’s all about supply and demand. Always has been, always will be. That is true for Sirius XM stock as well. The recent sell off in SIRI shares can be attributed to supply. The abundance of available shares being sold has met with minimal buy side pressure. This… → Read More

My Take on the Conference

Many of the comment posters and forum posters out there have mentioned that Mel Karmazin sounded frustrated and angry at the Merrill Lynch Media conference. I have been busy at work, and had not had a chance to listen to it until now, and I must say that… → Read More

Merrill’s Cohen Outlines Sirius XM Radio’s Challenge

As many know, Sirius XM radio’s CEO Mel Karmazin spoke at the Merrill Lunch Media Conference on Tuesday. As anticipated, some additional information was provided to the street regarding expectations, the “Best Of” roll-out, as well as some product information. The reaction by the street was not good,… → Read More

Sirius XM Trades Under $1.00

The stock price of Sirius XM Radio have hit levels below $1.00, indicating yet another downturn in the equity. Analysts have begun to weigh in on Sirius XM, and while most have maintained their price targets and outlooks, the pessimism on the street continue to weigh heavily on… → Read More

Stifel Nicholas Weighs In On New Guidance

Stifel Nicholas analyst Kit Spring weighed in today on the new guidance provided by Sirius XM CEO Mel Karmazin, at the Merrill Lynch Media Conference yesterday.  As I mentioned in a recent article, the low-ball estimates given by Mel would result in analysts lowering their forecasts and readjusting… → Read More