I didn’t think it was possible, but I am actually more excited about this insider stock purchase by Mel Karmazin than I was following the approval of the merger. This could not have come at a better time for Sirius and its investors, as the stock has been… → Read More
Mel Karmazin Buys 2,000,000 Shares
Mel works fast, and is a man of his word. He announced on Fox that he intended to buy stock in Sirius XM Radio with his own funds, and now he has done just that. According to SEC filings, Mel Karmazin bought 2,000,000 shares of Sirius XM Radio… → Read More
Karmazin To Buy Stock In “Near Future”
In an interview this afternoon with Fox and Friends Neil Cavuto, Sirius XM Radio CEO Mel Karmazin announced that he intends to buy stock in the near future. The bulk of the interview centered around potential synergies, and a lot of cursory talk. The real news of the… → Read More
Comparisons Will Change In Satellite
It used to be that Sirius and XM carried conference calls that were injected with oneupmanship. So much so that even an announcement of the date of the quarterly call was a cat and mouse game to behold. One counted subscribers one way, the other had differing metrics… → Read More
OEM Has A Chance To Deliver More $$$ To SDARS
Automobile sales are down. We all know it, and we have all seen the news. What many people do is translate that impact directly to satellite radio. In many ways, this is a mistake because SDARS installations are ramping up at a rate faster than the 12% sales… → Read More
July 2008 Auto Sales
With the completion of the merger between Sirius and XM, the SDARS relationships may not seem to matter anymore, but what investors need to understand is that there is a period of time where existing OEM deals need to play out, as well as the fact that there… → Read More
Show Me, Don’t Tell Me – A Response
One of the positive aspects of bringing on another writer to the site is that additional opinions can be published, a dynamic between writers can develop, and readers can see additional perspectives. Brandon Matthews recently published a piece titled, “SiriusXM Show Me, Don’t Tell Me” in which he… → Read More
Sirius XM: Show Me, Don’t Tell Me
In his recent interview with Mel Karmazin, David Faber of CNBC received a lot of negative feedback regarding Mel’s promise that Sirius XM would be free cash flow positive in 2009. I for one applaud him. For many years Sirius and XM stock traded based on the unfulfilled… → Read More
The End Of The Automobile
July auto sales were released today, and yes there is no way around it, they were expected to be bad and they were! The markets reaction of complete surprise however, is laughable. The world now seems convinced that Detroit will not survive and that people will be riding bicycles… → Read More
Sirius Q2 2008 Conference Call Scheduled
As we speculated, the Q2 conference call for Sirius satellite radio will be next week. Thursday, August 7th to be exact. Unlike prior quarters, we had a pre-announcement of some of the numbers, and unlike more recent calls, the company will be able to discuss guidance going forward…. → Read More
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