SIRI INTRA DAY thread THUR MAY 7th 2009

Shorts win again. Today was a true test for SIRI and it failed.Too bad for me and all the other people that are long. Two weeks to get to .52 and falls to .42 in 1 hour.This can't be ALL because of a stress test. We all knew the Subs. were going to be down,but come on. Maybe it will close a bit higher,probably under .50. Again another long ass week ahead.

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Originally Posted by bassmaster

the Q1 sub numbers were horrible as i predicted. i believe this period is the headfake for longs. end of this year chart will show it. now we've got through one of the worst Q1(U.S. economy) and by judging some current economic data, we will start seeing real value come into this stock. car market IS getting better, unemployment is not getting worse, and the iphone app is expected to be released next month( WTF???why is it taking sooo long???) ...someone said they dont expect the pps to hit $1 this year, i strongly disagree. i think it will be realized in Q3 and maintain there. if sub #'s is a big issue for analysts, then EXPECT it to change next CC when i will bet the farm, sub #'s improve from their current condition. ty ..gl

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I said we won't see plus $1 sp,as predicted upwards $1.50 by year end..
If you followed CC,they as mauch as said with chrysler and GM shutting down production for 8-9 weeks seperately,that will affect 3-4Q subs with 3 month lag..would expect at most best case scenario of neg 100k sub loss for year.
Which translates into plus 300k subs gained in the rest of year..JMHO
But EBITDA and FCF are positive in excess of prediction by street so it is all good there..

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Originally Posted by bassmaster

did siri make their interest payment of $25M to liberty this past quarter or does it kick in this quarter?

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Yes they did,and said they will make all payments of debt due this year and next with cash on hand,very good..

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Originally Posted by stkdn

Shorts win again. Today was a true test for SIRI and it failed.Too bad for me and all the other people that are long. Two weeks to get to .52 and falls to .42 in 1 hour.This can't be ALL because of a stress test. We all knew the Subs. were going to be down,but come on. Maybe it will close a bit higher,probably under .50. Again another long ass week ahead.

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if you're plan is to hold long like myself, you cant drive yourself crazy watching the intraday movements. i think it's safe to say, you can sleep well on this stock now. as for myself, i watch because i'm trying to learn daytrading this equity, i practice with fake trades and see how successful/failing with my executions. once i become in the green, i may daytrade a small percentage of my shares and keep the rest uber long. ....ty...gl

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Originally Posted by JohnnyIrishXM

Yes they did,and said they will make all payments of debt due this year and next with cash on hand,very good..

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thanx johnny, and no i didnt listen to the CC. to be honest i really wasnt that eager. WE ALL KNEW the sub numbers were gonna be bad, the other metrics were gonna be great and the media would spin this negatively. but i do appreciate you, homer, john, tyler translating and posting the important parts on here. i'm kinda feeling "wavy" !!!!! OH MY GOD THE SKY WOULD FALL IF IT WASNT FOR YOUS GUYS!!!!!! lol

I'm in this long and I could give a rats arse about what goes on until Q3. No one wants to give SIRI any love right now......

I've already grabbed 3k &.44 today and will continue to accumulate for months to come.

Cheers,
-Whynot

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Originally Posted by JohnnyIrishXM

Yes they did,and said they will make all payments of debt due this year and next with cash on hand,very good..

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is brandon still writing that they will reverse the deal with the new authorized shares? LOL.....ok so according to you, and i believe you, they said they will pay debt with cash on hand. then this new authorization is for what? backpocket emergency issues? if what you said johnny is true, its not good news, its GREAT NEWS!!!!!!

I just added 3,500 shares at .43

I have a little more money left just in case drops under .40

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Originally Posted by Whynot

I'm in this long and I could give a rats arse about what goes on until Q3. No one wants to give SIRI any love right now......

I've already grabbed 3k &.44 today and will continue to accumulate for months to come.

Cheers,
-Whynot

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Agree,good buy..it's last time to buy in .40's so load up..

yeah i just gave a little love to siri at .43

this is like child's play - you buy this stock
on the way down, and hold it on the way up

if you were able to hang on when it was .03,
then this here today should be like picking cherries