You think so? Did you just see that? .37 on the bid and .38 on the ask. .3650 goes off for 400 shares. Another sideways vote.
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Catfight. NAS just jumped all over them and demanded a gap up.
Hi, Well I'm looking for my other stock to buy to finance more SIRI. Coffee and doughnuts. I think pre-market has to be at least .39 for pattern to apply today. If it opens low (where normal people would fear a down day) we might actually see the break out up. They fake people into selling early looking to get back in much lower but then take it up beyond reach.
Dang I need to get in the shower and make a guest appearance at the office today but this drama is to rivoting.....
NAS threw a couple of 83k orders out there at .3601. I think they are blocking the stock from going lower.
Brandon - any way that you could invite the SEC to join this board? They just may learn first hand what is happening in real life market manipulation!!! The only unfortunate part is that if the senior guys here sent the SEC a bill for teaching them - they would stretch your recievable forever.... OR - they are so dense they would never understand your teachings!
Appreciate ALL you guys do!!
Rick
Pretty low volume so far in the pre-market.....
Sirius XM Radio Inc. (SIRI) Pre-Market Trading
Pre-Market
Last: $ .37
Pre-Market
High: $ .38
Pre-Market
Volume: 60,020
Pre-Market
Low: $ .3601
Pre-Market
Time (ET) Pre-Market
Price Pre-Market
Share Volume
08:22 $ .37 5,000
08:22 $ .37 4,520
08:22 $ .37 1,000
08:21 $ .37 1,000
08:21 $ .37 2,000
08:20 $ .37 980
08:19 $ .3699 2,000
08:18 $ .365 7,475
08:18 $ .3699 1,000
08:17 $ .365 8,000
08:17 $ .365 5,000
08:16 $ .365 725
08:13 $ .3602 5,000
08:11 $ .365 1,250
08:11 $ .365 1,750
08:11 $ .3603 3,020
08:04 $ .365 4,550
08:04 $ .3601 1,500
08:03 $ .37 500
08:03 $ .37 500
08:02 $ .375 1,000
08:02 $ .37 500
08:00 $ .38 487
08:00 $ .38 813
08:00 $ .365 450
Fox segment on short selling and Senate hearing today:
Video Link
The futures look green.....
http://www.bloomberg.com/markets/stocks/futures.html
DJIA INDEX 7,769.00 89.00 7,674.00 7,785.00 7,674.00 08:13
S&P 500 819.20 11.00 808.20 821.80 807.60 08:17
NASDAQ 100 1,253.75 20.25 1,232.00 1,254.00 1,232.00 08:16
siri seems to move better with lower volume heh.
I was really hoping they could work out a deal with the MLB......they still might though. Karmazin has a history of playing chicken...
Who wrote this article? There is no author listed on SA.....
http://seekingalpha.com/article/1279...-xm-s-mlb-deal
http://static.seekingalpha.com/uploa...oad_xmmlb2.jpg
What Happened to Sirius XM's MLB Deal?
March 26, 2009
Yesterday, Sirius subscribers that do not have the "Best of XM" package recently received an email from Sirius XM Radio (SIRI) asking them to buy an XM radio in order to receive Major League Baseball content. Sirius subscribers were hopeful that a deal could be worked out with MLB to get all the Major League Baseball games via the "Best of XM" package. As recently as March 12th's Q4 2008 conference call, Sirius XM CEO Mel Karmazin said the following in regards to negotiations with MLB,
We are hopeful to work with Major League Baseball to be able to get the games. All of our content partners so far but for Major League Baseball we have been able to work it out and we’re having discussions with Major League Baseball about getting the games and we think that will also drive more of the SIRIUS subscribers toward getting that content.
Sirius XM Radio pays Major League Baseball an enormous $60 million dollars a year to broadcast baseball on XM Radio. Based on the recent email advertisement to Sirius subscribers from Sirius XM Radio it would appear that talks with MLB in regards to getting baseball games on Sirius have broken down thus the need to ask Sirius subscribers to buy an XM Radio in order to get the MLB games. The package that Sirius XM Radio is offering offers 3 months free of XM when buying a XM radio for Sirius subscribers.
Sirius XM Radio's David Frear said on the Q4 2008 call,
Note that since year end, restricted cash on our balance sheet for the benefit of Major League Baseball and NASCAR was released to those parties in satisfaction of obligations that would otherwise be paid from cash on hand. In the case of baseball this means we have pre-paid all of our obligations through March of 2011.
Sirius XM Radio has already pre-paid Major League Baseball through the rest of its current contract with XM and now MLB wants additional money to broadcast the games on Sirius.
It is good to see Sirius XM Radio being more fiscally responsible in not overpaying for content. To date, only a quarter of the "Best of" subscribers subscribe to "Best of XM" due to MLB not being a part of the package. The "Best of XM" package costs an additional $4 per month to Sirius subscribers. Sirius XM Radio must take care to not give that entire "Best of" additional $4 per month to Major League Baseball. Due to the fact that the Mirge interoperable radio is now available for purchase, and for many other reasons, care should be taken to use the bulk of that $4 per month for interest payments as part of the Liberty deal, to pay Sirius XM Radio shareholders, and not to pay Major League Baseball an additional unreasonable amount.
Disclosure: Author holds a long position in SIRI
Here's the problem with MLB. They have their own "station" that they want to promote. That's what the holdup was and is. Sirius will probably drop them all together when the contract expires. They have been completely unwilling to deal with Sirius XM, and Sirius is not going to give them a billion a year to use Sirius' bandwidth.
http://www.mlb.com/mlb/subscriptions/index.jsp
It's a stalemate right now, but things can change. Just a bunch of Alpha Males butting horns on a mountain.
http://www.tampabay.com/news/busines...icle987238.ece
Weigh the options before deciding which features to spring for on a new car
By Steven Cole Smith, Orlando Sentinel
In Print: Friday, March 27, 2009
Quote:
Satellite radio. I still listen to a lot of local radio, but most everyone I know who has been exposed to Sirius or XM becomes an addict.
http://www.nydailynews.com/entertain...able_on-1.html
Howard Stern has proven irreplaceable on radio
BY DAVID HINCKLEY
DAILY NEWS STAFF WRITER
Thursday, March 26th 2009, 4:00 AM
Quote:
Meanwhile, CBS has also dropped Carolla, the last of the Stern successors, and flipped his L.A. station to a top-40 format.
What happens next, who knows? But you can measure the size of Stern's impact by the waves that are still crashing across the pond more than three years after he left.
I think MLB should hear from Sirius XM subscribers. What do you think?
http://mlb.mlb.com/mlb/help/contact_us.jsp
i like carrola but he is always saying satrasd is dea, i wish he would come to satrad but he seems to think its dead, i dunno wtf i think he would want more than siri would want to pay him, but i think he would be worth maddog money. He seems to think hes gonna kill it with the podcast willy, hopefully when hes out of his current contract he will come over to the best radio on radio.
Resistance is futile....
those are some good articles coming out, with positive takes on experiences of true subscribers...
WOW! My article just made the front page of a website I've never heard of.
http://www.themarketguardian.com/