Cos.......... shoulder to shoulder........................................
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Cos.......... shoulder to shoulder........................................
A positive spin from Reuters!
UPDATE 1-Sirius Q4 revenue rose; subscribers rise at year-end
http://www.reuters.com/article/rbssB...54581520090311
Radio Business Report (NAB) seems afraid of the Liberty partnership...interesting read..they mention that the subscribers can double if we go after the unused installed radios
http://www.rbr.com/radio/13344.html
Strongest quarter, not a good sign for Q1. Car sales got even worse. If they lost retail subs in q4, we have to assume they lost them q1 too. No new revenue streams other than a trick to get cash now, hurting their ARPU later. Internet cancellations arent known yet, nor how many locked in the free rate. Too late for Iphone app to matter in q1, and no sign of it, so q2 could be lost as well. No DirectTV deals, or new ideas for q1 at all. There balance sheet improved I suppose. But their demand for the product took a hit, which is ultimately all that matters in the end. Can they get it back with new radios? Since I have no plans for how they will generate new subs, I am negative short term, at least until the cc. Looking to rebuy soon, lower. If im wrong, I still have a 60% position, which is large enough for me to not be angry if it jumps still. But i dont think it is, at least not until the cc, and Mel's cc have been disasters lately. But that might change, and I think it will. So, i would hope new ideas are discussed to generate some kind of buzz. I am in a neutral position right now. Not getting stuck with this thing trading between .12 and .14 again. Not at a full position anyway.Quote:
Originally Posted by john
So I got the news late and didn't sell any of my shares. Am thinking the lack of sleep is making me see that the after hour price rose .09 to .24??? Could that be? I guess this stock has a game of its own, or my eyes are playing a trick on me....This has been a Roller coaster ride for me that I don't have the patience for anymore! The funny thing is I fainted when I tried to ride one of those when I first moved to the USA! lol, not sure what to do tomorrow sell or hold, maybe I will do half and let the other half ride along.
Hi, gina don't pay attention to that 100 shares @ .24
Afterhours last trade was .157
Have to see what pre-market does.
Remember conference call is tomorrow right when pre market starts (0800EST)
What ever it is going to do between now and 1st Qtr 2009 report will begin during that CC
Thanks Mogami! I thought it wasn't for real! In a way I really don't seem to want to let go of this stock! Deep down I know it will turn around! I have been in it since August and am willing to make it a year, or maybe more with less shares, but oh well we have to wait and see. I will keep an eye on it it is only 4 AM here so am gona make me lots of coffee!Quote:
Originally Posted by mogami
Have to watch them, their sneaky! Current bid is0.141, ask 0.17, but all of that will change by 0800hrs.:cool:Quote:
Originally Posted by mogami
:drummer:SIRI is on the CNBC ticker
yeah this pig is growiing wings.
http://www.thestreet.com/story/10470...cm_ven=GOOGLEN
Sirius XM Narrows Loss, Gains Subscribers
wow i cant believe the street is even righting a fair article.
last .1697 will be over .20 today premarket hiogh is .24 cents but i dunno if that was a fluke or not. Its time for the mm;s to let siri fly, heres to hoping it stays up during the day and doesnt fall like usual.
So who wants to predict where we finish today?
tripp you don't think this is a facade and artificially pumped for a quick profit. I want to believe that we're on our way but something tells we're heading back down after this little run pre market. I really hope not. And I'm NOT selling like the so called die hard longs who panicked and followed Brandon the pied piper by selling 50% of their shares last night... couldn't believe it
i give up even trying...green is all i can hope for
I for one would not follow Mr. Brandon to a house of ill repute! I did however sell 66% yesterday for a profit. I sold the remaining 34% today pre market @0.166 after seeing what I believe to be a pre market resistance at .1697. The best bids are staying around 0.165 then 0.16. I could be wrong, but I think there will be an oportunity for a buy in, perhaps only briefly, about 2 cent lower than the current pre market. I can then buy back in and increase my share count considerably, without having to add more funds. Everyone has their own strategy. Sometimes you eat the bear, sometimes the bear eats you. BUT PLEASE, don't say were following M. Brandon.:p:pQuote:
Originally Posted by dmo2424
dmo i believe we are still at a bk price, its possible wecould fall back but i highly doubt it this thing has to start realizing bk is out of the picture.
plus it looks like volume will be decent today
I am one of those who sold last night. Sold the entire mess.Quote:
Originally Posted by dmo2424
I don't care how the media or Mel spins that Q, but it was not good. It was well below expectations and they are using it now to troll for a fresh load of investors.
I think todays futures are a head fake, and I say that because we must layin a bottom and that has yet to be done at the new levels of the S&p, So I am laying up today and I expect a new entry point to regain a position within the next few days.
I don't consider selling on a surprise crappy Q as being panic. I consider it protection of capital from a flukey volitile market. My powder is once again dry and I can go from there like the last nine lousey months of siri ownership never happened.
I'm good........;)
Tripps, that .24 trade in pre-market was the first one of the day - for 100 shares... Lots of 100, 200, 300, etc. share trades. Trying to break .17, but meeting resistance.
Bear trap, or the sky's the limit??? ... stay tuned
lol a crappy q, i think it was a good q considering all the isses siri has had to face. The mm's are smart they have kept it low since bk was out of the way to convince people its not going anywhere, now that people are convinced and have given up their shares the mm's will move it up. This is a bk price, it cannot stay here much longer.