SIRI Intraday Thread: Monday March 23rd

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03-23-2009, 09:57 PM
Beach Gambler

Quote:

Originally Posted by Brandon Matthews

Most reverse splits fail. By most I am talking about 80% of them. It is not the reverse split itself that causes the failure, but rather the failure of the individual company itself.

A reverse split in SIRI's case would benefit the shareholders. As far as the concept, you got it.

THANK YOU Brandon for taking the time and thought to explain this, I really do appreciate you and others that help guide me.
03-23-2009, 10:03 PM
Brandon Matthews

I just figured it out! I did tell one person about the experience. Moviemkr. I told her that I spoke with Paul about getting Mel to participate in the movie. THAT's where you got it! BUSTED!

Quote:

Originally Posted by Brandon Matthews

I'm sorry, but I deleted it myself. I meant to send you a private message. What gives you the idea that I had any type of private conversation with Paul? In fact, I brought a friend. The last thing I want them to think is that I made up a story regarding my visit, because I felt fortunate that they welcomed me. Most people don't get in but they were gracious enough to have given me a great hat and show me around. I'm sure I never mentioned any private meetings. I was given a private tour of the studio and offices. Shirley was lovely.

Also, the Sheraton New York also had Sirius XM playing in the restaurant.
03-23-2009, 10:07 PM
bababoooie

Quote:

Originally Posted by Brandon Matthews

OK. Critics and newbies alike. It doesn't take a rocket scientist to see that Sirius' Patrick Donnelly has been doing nothing but preparing one SEC filing after another. The company seems to be in a big hurry all of a sudden to handle these share arrangements. 1 + 1 = 2.

I agree about the timing of a reverse split.
1) The Liberty deal is still fresh in the media.
2) The 2Q iPhone release timing.
3) The Stock Market is slowly moving upward.
4) Threat of Uptick re-reinstatement
5) Pilosi wants a new Jet that goes further without refueling

OK. . . . so the last item won't sell the stock. I just had to put in a political comment! It seems that her standards for flying is different for the Auto Execs that are having financial problems than that of a Congress that has not balanced their books in decades!!!
03-23-2009, 10:09 PM
otone

Quote:

Originally Posted by Brandon Matthews

I'm sorry, but I deleted it myself. I meant to send you a private message. What gives you the idea that I had any type of private conversation with Paul? In fact, I brought a friend. The last thing I want them to think is that I made up a story regarding my visit, because I felt fortunate that they welcomed me. Most people don't get in but they were gracious enough to have given me a great hat and show me around. I'm sure I never mentioned any private meetings. I was given a private tour of the studio and offices. Shirley was lovely.

Also, the Sheraton New York also had Sirius XM playing in the restaurant.

I think just sirius was referring to these comments made by you:

http://siriusbuzz.com/forum/showthre...2272#post22272
I've got about 10 minutes before my private tour of Sirius XM HQ's

http://siriusbuzz.com/forum/showthre...2340#post22340
Back from my tour. Very informative. All I will say, is that I can now sleep at night, go out and play in the sun or snow, and keep accumulating shares....

That's all you will say? why?

http://siriusbuzz.com/forum/showthre...2367#post22367
Let me just say that the Miller Tabek analysis is pretty close to what I beleive will occur. I told Paul I wouldn't write about certain aspects of our conversation as some of it is dependant on market conditions, which no one can predict right now.

I will say that even if I end up being right about top line numbers, the company's bottom line will still improve year over year.

We got into a discussion regarding subs and how they are broken down. Expect a change in the way the numbers are broken down in time.

========
I can certainly appreciate you not divulging certain aspects of the conversation you had with Paul during your private tour, but I think just sirius and many of us would like to know the other things that are allowing you to sleep at night and accumulate more shares. Care to share?
03-23-2009, 10:10 PM
choirgirl

R/S

Brandon.
Thanks for explaining the R/S and how you see it.
I mentioned in an earlier post that I still don't understand why you and others believe this will take place when the SP will be at .80 , instead of .33 today or maybe .50 in a month. Thanks.
03-23-2009, 10:12 PM
choirgirl

Bababoooie:
I got the feeling you don't like that nice chick from california.

Quote:

Originally Posted by bababoooie

I agree about the timing of a reverse split.
1) The Liberty deal is still fresh in the media.
2) The 2Q iPhone release timing.
3) The Stock Market is slowly moving upward.
4) Threat of Uptick re-reinstatement
5) Pilosi wants a new Jet that goes further without refueling

OK. . . . so the last item won't sell the stock. I just had to put in a political comment! It seems that her standards for flying is different for the Auto Execs that are having financial problems than that of a Congress that has not balanced their books in decades!!!
03-23-2009, 10:17 PM
bababoooie

Quote:

Originally Posted by choirgirl

Bababoooie:
I got the feeling you don't like that nice chick from california.

Do You mean "What's good for the Gander is not good for the Goose?"
03-23-2009, 10:20 PM
just sirius

Otone

You are exactly right. That is what I mean't to say! Thanks

Brandon.....you got some splainin to do!!!!!!!
03-23-2009, 10:22 PM
just sirius

Brandon

I completely understand if you do not want to go any further with this topic!

I responded to your private message!
03-23-2009, 10:28 PM
bababoooie

Quote:

Originally Posted by choirgirl

Brandon.
Thanks for explaining the R/S and how you see it.
I mentioned in an earlier post that I still don't understand why you and others believe this will take place when the SP will be at .80 , instead of .33 today or maybe .50 in a month. Thanks.

A 20 to 1 reverse would put the Sirius enterprise value to shares outstanding comparable to what Comcast is at Currently.

----------BEFORE ---------------------------------------AFTER------
2,880,000,000---3,860,000,000---- CMCSA---- 2,880,000,000 ----- 193,000,000
67,840,000,000-4,600,000,000 ----SIRI -------- 67,840,000,000 -- 4,600,000,000
-------- 23.56------------- 1.19------------ ratio------------ 23.56---------------23.83
03-23-2009, 10:31 PM
choirgirl

I was just being sardonic, or German humor so to speak.
I like her as much as athlete's foot.

Quote:

Originally Posted by bababoooie

Do You mean "What's good for the Gander is not good for the Goose?"
03-23-2009, 10:41 PM
stang3O2

i put a little more money in my account and am thinking about buying some more. I would like to buy around .25 but dont know if it will happen, what do you think will be a good buy in price for the next couple weeks?
03-23-2009, 10:48 PM
Brandon Matthews

You want me to share? I'll share!

What I learned about Sirius is that my mind turned them into some huge conglomerate. They aren't.

Sirius XM radio is a radio company. I had forgotten that.That's what they are and that's all they do. They happen to be the best radio company in the world. The company did not have so much as a light on in an empty office. It was a model of efficiency!

Even with negative growth, the company will continue to grow revenue per share based solely on merger synergies.

OEM install rates are strong and getting stronger.

Retail, as I tried to inform you all is negligible and will continue to be for the time being. An ad campaign when people are not spending is pointless.

Mark Wienkes was right and deserves credit for being right.
03-23-2009, 10:52 PM
otone

Thank you! :)
03-23-2009, 10:55 PM
FoolNHisMoney

Quote:

Originally Posted by bababoooie

Based on past discussions I 've seen a lot of questions about the Auto Sales numbers for the United States. Below is the data for the last 29 years from Ward's Auto World Magazine. I can't remember the source of information on lifespans of cars So, you'll have to take my work on the longevity of vehicles (9.4 years). I believe that Auto sales should be around 11.5 mil for 2009 and 14.5 mil for 2010 (taking Stock market values into consideration). Using the assumptions that true Average Sales is correct for 1990 (as the base), and assuming a 1% growth rate from there.

1980 11,443,613
1981 10,777,980
1982 10,538,362
1983 12,311,516
1984 14,483,141
1985 15,725,291
1986 16,323,021
1987 15,192,946
1988 15,791,544
1989 14,845,261
1990 14,149,378
1991 12,549,523
1992 13,117,444
1993 14,198,854
1994 15,411,374
1995 15,116,325
1996 15,456,112
1997 15,497,860
1998 15,967,287
1999 17,414,728
2000 17,811,673
2001 17,472,378
2002 17,138,652
2003 16,967,442
2004 17,298,573
2005 17,444,329
2006 17,048,981
2007 16,460,315
2008 13,493,165

Projected
2009 11,500,000
2010 14,500,000

http://4.bp.blogspot.com/_pMscxxELHE...9Estimated.jpg
Calculatedriskblog.com shows a turn over ratio of between 24-27 years based on current autosales levels. That level of sales is unsustainable - how many people do you know that have a 20+ year old daily driver? Even 10+ years? This slump may last the year, but not much longer after which auto sales will be back with a fury.
03-23-2009, 10:58 PM
FUNFUN99

the apple app that siri tanked.

http://www.youtube.com/watch?v=fZLRZNlQdDs

this is really neat. a sure hit for existing subs and it will others to subscribe. i hope siri buys the patent otherwise we could expect copyright infringement. buy the guys off.
03-23-2009, 10:59 PM
trippingthespeculatingpos

hey im one of those lucky 13,493,165 that bought a new car in 2008, i so should of waited.
03-23-2009, 11:02 PM
KingFreep

Quote:

Originally Posted by Brandon Matthews

Most reverse splits fail. By most I am talking about 80% of them. It is not the reverse split itself that causes the failure, but rather the failure of the individual company itself.

Most reverse splits are implemented with a single purpose. To maintain listing requirements with an exchange such as the NYSE and NASDAQ.

Brandon: Would your opinion change if the Uptick rule were reimposed...especially if it were set at 5 cents up before a short could be executed? I'm, no fan of RS....but if the field were leveled so that the shorts couldn't destroy the PPS, I can't say I'd be opposed. What's your opinion?
03-23-2009, 11:03 PM
FUNFUN99

Brandon siri is not a radio company. It is entertainment company

Brandon says siri is a radio company. that is like saying railroads are railroad companies. railroads are in the transportion business siri is not a radio company. it is an entertainment company. a much more global perspective.

Brandon said.

What I learned about Sirius is that my mind turned them into some huge conglomerate. They aren't.

Sirius XM radio is a radio company
03-23-2009, 11:05 PM
KingFreep

Quote:

Originally Posted by trippingthespeculatingpos

hey im one of those lucky 13,493,165 that bought a new car in 2008, i so should of waited.

I bought a used car in November and activated the preinstalled Sirius receiver. Does that count for anything? I have a feeling I'm not alone.

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