Sirius just surprise reported !
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Sirius just surprise reported !
OK... why the H did we just hit .16 in A/H... did I miss something again.???
Surely it wasn't the liberty/cnbc thing....
Anyone... bueller?......crickets chirping.....
cos1000!...
Great to see you my friend. I wasn't sure where you were and you have been missed by me :D. SB is a big site and easy to lose track of folks..
Man. I'm with you. I was sitting dreaming that Maffei was actually our CEO. Intelligent, well-spoken and a commanding presence. As mentioned, In those 5 minutes, he actually did more on the positive side in MSM than all Mel's appearances and articles put together. He's a communicator. Mel's got his strong points, but Maffei is quintessential. Also, I thought I heard him say, he was working on helping SIRI extend the just extended and now 2010 JPM (beyond 2010). Is that what you heard too??
haven't gotten into it yet but here's what I just saw.. :(
Sirius XM (SIRI) Misses Street's Q4 Estimates
StreetInsider.com
not good...Oh well. Typical one step forward, two steps back..Well, it all comes together. Shorts stuck around for a reason. We probably see .11/.12 tomorrow...
Sirius XM (Nasdaq: SIRI) reports Q4 loss of $0.08, 1 cent worse than the analyst estimate of ($0.07). Revenues for the quarter were $622.18 million, versus the consensus of $629.80 million.
sL62............. BEEN HERE OFF AND ON ALL DAY. Oops.......... There that's better. Good to see your posts, and those of Cos1000's as well. As you say....... tough to find anyone in all of these threaded halls. ...killer.
disclosure: I just dumped 50% of my shares @ .1501.
Killer...
I agree. I just dumoed 50% of my holding. Who knows maybe there will be some technicality on this miss...and we'll actually go up. But if so, I'll rebuy. But I refuse to head back to .11 with this tranche one more time...damn. we just can't get all cylinders firing at once.... :confused:
Well....I've never messed with a "Stop Loss" market order yet on Sharebuilder. I guess now would be a good time to set it at .14:rolleyes:
http://investor.sirius.com/kit.cfm
Here's a link to the 10K: I'm off to explore it myself....
Can I sell shares now after hours? Is it the same process?
Old Druid...
Agreed. I still have half my shares for any weird pop in this miss. Does happen sometimes. Guidance would be one reason. This was my .11/.12 holding. I still haven't read the filing yet. But this kind of sneak release of is never a good sign. What happened to March 17?? Although I may recall them saying they might release actual report before CC (17th) though. Do you remember that?
What were you guys expecting during one of the worst quarters of the market's history? Now we have clarity on where we stand. 82K net sub adds, not that bad churn at 1.8%, and did you see the savings down the entire expense line?
My only concern is the $200M in "Other Expenses" - wonder what that was.
I would have to think that expenses and synergies have improved even further since last quarter given the close call we had with the funding issues we experienced these past few weeks.
Who knows what happens until the CC when I hope to see some updated and detailed foward guidance but SIRI is a buy at these levels.