SIRI Monthy Thread February, 2015!

I'm going to try to rebuy all of them at 3.55. Order is in

Looks like Zacks has a sell rating.
http://finance.yahoo.com/news/whats-...175005267.html

Wish I could say they are wrong...who knows short term, could break out or retrace a bit depending on the flavor of CC and possible surprises or not.

I do know that ZACKS is a joke. A few months back they had a strong sell on LMCA because they were "down" 50% - EDIT 65.1% or 1/3 - ish but failed to mention in their analysis that it was due to the split from LMCA to LMCA and LMCK thus lowering the value of A shares.

EDIT: Actually 65.1%......what a fkg joke.

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The stock also has seen some pretty dismal trading lately, as the share price has dropped 65.1% in the past month.

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http://finance.yahoo.com/news/rid-li...104257572.html


July 23, 2014 close $141.31
July 24, 2014 close $ 48.94

Change in price due to the 2 for 1 LMCK stock dividend/split.

Subsequently the price has dropped further as broadband has been spun out into different tickers

SIRI estimates (barely beat the deadline this time around!). Good luck to everyone on Thursday.

Q4 2014 / YTD 2014

Adjusted EBITA - 375M / 1.462B
Free Cash Flow - 340M / 1.165B
Revenues - 1.085B / 4.175B
EPS - 0.022 / 0.079

Net Subs - 575k / 1.75M
Net Self-Pay Subs - 509k / 1.442M

ARPU - 12.54 / 12.40
SAC - 34.87 / 34.40

Trucks, SUVs drive US vehicle sales in January

http://www.cnbc.com/id/102392258

Well siri hung tuff today, by that i mean it no major pullback on a 300 pt day :p tomorrow will be interesting. If she holds these levels, barring any bad cc news....it should smash thru 3.66/7 at least temporarily on cc day.

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Originally Posted by Steiny

SIRI estimates (barely beat the deadline this time around!). Good luck to everyone on Thursday.

Q4 2014 / YTD 2014

Adjusted EBITA - 375M / 1.462B
Free Cash Flow - 340M / 1.165B
Revenues - 1.085B / 4.175B
EPS - 0.022 / 0.079

Net Subs - 575k / 1.75M
Net Self-Pay Subs - 509k / 1.442M

ARPU - 12.54 / 12.40
SAC - 34.87 / 34.40

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Thanks Steiny!

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Originally Posted by Faulkner_SA

When does it smash itself to $2.75? When do the people who went to cash at $3.14 re-enter? :rolleyes:

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Lets review shall we??

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Originally Posted by midas360;85856 Oct 7, 2014

DM... I hate to be the bearer of bad news but SIRI is going $2.75 soon. GL!!!

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Wrong!

Based on what Midas??

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Originally Posted by midas360;85858 Oct 7, 2014

its a full 50% retrace off the 10/06/2011 low and the 10/23/2013 high

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Wrong!

Lets give midas a second chance on the why part :)

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Originally Posted by midas360;85860 Oct 7, 2014

topping new car sales, sub prime issues in the use car market, unfunded 3rd buyback, deterioration in high yield debt market (harder to fund 3rd buy back), ratings agency risk if they do manage to fund it), legal issues, ARPU concerns (new pricing plans).

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Wrong!

Lets give him some more rope shall we?

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Originally Posted by midas360;85867 Oct 07, 2014

SIRI will sell off over the course of the next quarter, its momentum down will be based largely on the large market sell off. It could get there a bit before or a bit after. So I’ll say over the next 3-4 months. The large market sell off will be attributed to some of the same things I mention will impact SIRI. Example: many of the corp buybacks will ’slow down’ because of the stress in the high yield credit markets. Corp buybacks have helped inflate the equity market.I hope this helps clarify "soon" for you.

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Wrong!

Of course we got a complimentary reminder of his original call on a day siri is getting beat up:

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Originally Posted by midas360;85898 Oct 9, 2014

$2.75 coming to a screen near you. Good Luck!

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Wrong!...but thanks for the reaffirm.

oh but wait there is more! :) Of course on another red siri day we get:

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Originally Posted by midas360;85932 Oct 10, 2014

$2.75 on the radar screen.

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Wrong!

This is my absolute favorite part tho!

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Originally Posted by midas360;85936 Oct 10, 2014

Thanks for the free life lesson. However, some folks thanked me for the warning. I am saving them a lot of money right now.

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Seriously dude??? Are those same folks still thanking you midas????? Did anyone here actually thank midas??

Midas how do you suggest we all play this????

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Originally Posted by midas360;85952 Oct 10, 2014

Play this smart. Build a cash position and buy below $3. $3.16 low of day. Equity markets open Monday too.

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Wrong!

I really pray nobody and i mean NOBODY listened to this DONKEY and never does!!

Its official.....I am now kicking this atrocious bs call out the door and down the steps never to be seen or heard of again. As we all knew back then and as we all now know for sure....This call has expired WORTHLESS, just like its maker/s!!

Faulkner...thats an easy one...they re-enter at the top and then sell at the bottom just like Midas advises!!

JS

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Originally Posted by Faulkner_SA

When does it smash itself to $2.75? When do the people who went to cash at $3.14 re-enter? :rolleyes:

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We are still on target. But, No one can predict with certainty though.
It does look like the downside risk is very limited. Low 3.50's probably.(minus a market calamity)
First upside target is 3.75 and then 3.80's. The first could be reached on a pop around this weeks releases.

I would put stops in in high 3.40's just to make sure, obviously if it breaks there it will not be a good story. it may pullback to 3.51 or so and I would not be worried. If it does break there I would be a buyer back lower at 3.25 or so.

What I think will happen is it breaks above 3.66 and probably go to 3.75 and return to near 3.66 before starting a slow rise back to the 3.80's then 4.02ish .. but re-eval will come before that.

https://www.tradingview.com/e/jx2YP44z/

Obviously everyones risk and positions are different so do your own due diligence.

Wonderlink gives HOLD rating, 3.50 target

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Originally Posted by njbones1

Wonderlink gives HOLD rating, 3.50 target

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Matthew Harrigan is a shill for Malone. If recall history correctly, Harrigan has a knack for dragging the SP down and usually just before each cc. That said, I am confident that we have an excellent chance of having the rug yanked between now and tomorrow. Thanks once again butthole!

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Originally Posted by njbones1

Wonderlink gives HOLD rating, 3.50 target

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LOL This is a $5 stock based on 2015 projected FCF. Whether it gets there next month next year or in 2 years, who cares? The only thing that matters is Free Cash Flow per share. The price will follow. There are great analysts out there like Jessica and Tinker. And then there are analysts out there like Harrigan and Bank from RBC . Bank even said on the old sat radio blogger radio shows that Sirius should be a "jukebox in the sky"!!!

Good Grief. Content is King. Jukeboxes are Pandora!!!!

Sirius has an awesome radio business. Best in the world. Run the numbers and get your real value.

Do you really think someone is doing something wrong ?

Cashed out all my trading stocks...both winner and losers. Got a nice chunk to buy here going into the close. Currently 3.61/3.62....hoping it drifts a few pennies lower to 2.59. Then again whats a few pennies....i might just pull the damn trigger right here.

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Originally Posted by Faulkner_SA

I do not see under 3.6

Look at the charts 15 min then 30 then 60. There is no time for a daily 20 hit here without some very odd activity. You'd need to break a lot of lines and the rest of the market is heading up....

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it pulled back to 3.59 about 3 minutes ago...missed it

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Originally Posted by Faulkner_SA

Don't miss it again you punk.

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in at 3.60

And down we go to 3.50 to Midas Harrigan's target price.

FYI....just got off the phone with sirius customer care. Could not have gone any better or smoother. On and off the call in prob less than 6 minutes....no hold time. Front liner took my call, did initial intake then transferred me to someone else. Issue solved.

At end of call i asked her how business was....she said.....very good we are busy.

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Originally Posted by Faulkner_SA

Sounds like my experiences with their CS. I just can't wrap my head around what some paint as nightmarish.

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Personally i really do believe their cs has improved greatly in the last couple of years. I remember the days back say 4 or 5 years ago i would call, what a nighmare!! Transferred at least three or four times, each time having to verify all personal info over again along with my issue, not to mention the hold times. One time it was so bad i almost threw my cell phone into the woods.