the gap this morning is bigger than Michael Strahan's front teeth
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the gap this morning is bigger than Michael Strahan's front teeth
http://seekingalpha.com/article/1295...-focus-on-core
NiceMac's Open Source Apps Help Sirius Focus on Core
April 06, 2009
Off topic...but good info. My neighbor works for Centex and he is one of the remaining 36 people from their original 500ish people. He was explaining the pipeline for their company vs DRHOrton. Very interesting stuff. His office is next to the regional VP who is very tight with the CEO of Centex. He called the drop from around 9000 to about 6500. He feels the next stop for the dow could be 4500, no bull. He also let me in on last months housing starts and permits, which were up and were all bullshit. Things in the housing market have not changed! The lending has not loosened up as much as the MSM would like you to believe. Centex pulled all of their contractors into the conference room and asked for 10% back. Wow! Mitch was shocked at how many contractors said they could make that happen. These companies are not trying to make profits, only keep their heads above water. Housing is dead folks. The new permit numbers are mostly spec homes, at least in this area. The reason is we have a huge number of snow birds that come down and are ready to retire. They have cash and can be pushed in the front door immediately. As for the real pipeline of new home buyers...it does not exist. I spoke with a Realtor on Friday and said during the peak he was moving 4-7condos a month, now he can't give one away. People do not want to commit when they feel they can get it cheaper later. I have to go repo a condo and a single family home should be back by noon.
On the SIRI front I cashed out 4/5th of my position last week, 20k @ .36,
20k @.38. I wrapped up about 175% short term gain, not to shabby. 10k left but now I have CASH, can not wait for the next pull back, buying with both hands hopefully .29ish.
Good luck all, time to drill out someones deadbolt! LOL
Mitch my Centex buddy said get short! I agree. CASH
This was posted last night on the tail end of the last Intraday Thread. I am posting it for those that may have missed it......
http://www.rbr.com/media-news/13838.html
Sirius XM covenants loom
2009-04-05
i agree with you that the pipe for new home buyers seems to be non exsistent right now, but that is because there are so many used homes that are available at rock bottom prices.....tricking people into thinking housing is improving seems to create a "false" impression that values will rise as the so called "non-exsistent" buying increases, and all the good deals are snatched up.....people are getting in now in hopes that prices don't go up. Of course some people are still skeptical and are holding out to see if it bottomed or if we are still going down......you are right about condos....but why would someone buy a condo right now when you can buy a single family for nearly the same price? i live in florida, and home sales are blowing up, as are refi's.....rates are low and people know that rates aren't going down anymore as the feds will have to increase them soon to make up for poor political decisions......i don't know what lending companies you are referring to but the companies around here have hundreds of mortgage jobs available to combat the increased demand.
SIRI Pivot Table for Today
R2 - R1 - Pivot - S1 - S2
0.38 0.37 0.36 0.35 0.34
I had hoped - based on this past months news/reporting on Ford - they were setting up to outperform the other 2 of the big 3 in the markets...
Looks like my entry 2 weeks ago paid off.
As far as SIRI goes - I feel that we are in another holding pattern -
Similar to when we held our breath around the time BK was pending.... and then we got the pop from Liberty's deal - and then did a partial correction from those hellish BK levels.
Once the next Q guidance is out - I think we start moving higher. I think they are just smart enough (SIRI Board) to realize the significance of timing.... and then again - they may try to time it with a strong rebound in the overall markets - so the SP doesn't suffer from "counterbalance" - which I think would happen if we started to move higher and the overall markets dropped significantly.... .then again.... SIRI rarely ever moves with the markets... but it couldn't hurt timing wise to try to time any good news.
My biggest question is when they will go full-frontal assault on release of the Iphone App -coupled with a decent marketing campaign. This is one of those times I wish to hell they'd come here and read this forum (I'm sure a few do - but they still seem to operate in their own universe) so we could convince them how horrible their marketing has been. They seriously don't need to screw around with the marketing plan.
JMHO
Note for Newman: Not trying to step on your toes starting the thread. I know the intradays have been long - figured I'd help out a bit... trying to start things on a humorous note.
Thanks for the tip the other day. I am now a lifetime subscriber! My wife bought me a stilletto-2 and within the hour I called and bought into Sirius-XM lifetime. Didn't get the Best of.. MLB last me long ago as a regular. Internet is part of the lifetime package though!
http://stagetimemag.com/standup/?p=2157
30 Rock’ Star to Host Sirius/XM Radio Show...........................
With 25 million blackberries out there, and the launch of their new app store, SIRI really needs to tap into this market LAST WEEK!!
Don't even get me started about the iPhone App....jeeeez...what's taking so long? Is there a deal in the works with Nicemac or what?
Pandora, Slacker and Clear Channel are already featured Blackbery apps....what about Sirius-XM??
I agree with you Rick in regards to Sirius needing to poke into this form. It seems like ding dong school for them to do just a couple of things to ignite this company. I am stupid and yet I can see the need....I thought I saw something that thier PR person was leaving, maybe someone new comes in and helps
what happens to a lifetime sub if the equipment fails ... do you loose your sub or do you just change the id numbers in that lifetime contract... ive had one radio go bad but i was on a month to month plan ... and what if i were to sell my truck with built in radio does my lifetime sub stay with me or go with the truck ???
As to not misinterpet the TERMS, I copied for the Sirius web site:
http://www.sirius.com/serviceterms
9. Lifetime Subscription Plan: A "Lifetime Subscription" is one that continues for the life of the receiver equipment. A Lifetime Subscription is not transferable if it is associated with a receiver installed by an automaker or an automotive dealer in a vehicle, except in the event the original receiver associated with that Lifetime Subscription is stolen, accidentally damaged or if, in the sole discretion of SIRIUS XM Radio Inc., it is defective. A Lifetime Subscription associated with a home, portable, or plug & play receiver is transferable from one receiver to another receiver, up to a maximum of three (3) times. Each permitted transfer of a Subscription is subject to a transfer fee. If you transfer a Lifetime Subscription from one receiver to another or from one person to another, you will be charged a transfer fee. The current transfer fee is set forth in these Terms. No transfer fee will be charged for the transfer of a Lifetime Subscription associated with a receiver installed by an automaker or an automotive dealer if, in the sole discretion of SIRIUS XM Radio Inc., the receiver is defective. Lifetime Subscriptions are nonrefundable. You may cancel a Lifetime Subscription but if you cancel during the first year of service you will be charged a cancellation fee set forth in these Terms.
Yes, as the range tightens, a big move is due again. We are all hoping it breaks out of this and closes up. Volume today probably wont break 20 million, so the MM's will be doing something soon. Cant make money on this stock at this volume. They know raising the price will get volume, the have seen it time and time again.
It may seem a bit pricey, but look into the Stilletto-2. Slim and has external interface for commection into AUX port of Auto stero. It's smaller & lighter than an iPod. Has capacity to record full song favorites even if you get on channel after song has started. Also can schedule recordings. Even get sports alerts & score Tickers! Still learning all aspects of device.....
the above terms suck and is why I would NEVER buy a lifetime subscription. Such BS. You fork over $400 for the privilege of what? Fighting with customer service when you burn through a few radios over 5 years? No thanks. And forget just having radio die, how about new technology? If they want thousands to buy lifetime subs, they need to make it the lifetime of the buyer using the service, regardless of the number of radios which are substituted on that account. Transfer fees ok, as long as they are minimal and just used to prevent churning of radios on a whim by the customer. Better option would be to not use 'lifetime', but do a multi-year package. That way they entice subs with multi-year savings but don't eliminate revenue stream per sub. 'Lifetime' crap is misleading and just pisses people off. Just my 2 cents.
Has anyone seen siri displaying similar patterns as any other stock? I know we do not trend with the market as a whole but was curious if there were any other indicators? My only guess would be autos but that's been too topsy turvy. Maybe there aren't any.