i seee everybody is in bitch mode today, WAHHHHHHHHHHHHHHHHHHHHHHHH i invested in a company thats has not made a profit yet and im complaining about typical stuff from companies yet to make a profit.
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i seee everybody is in bitch mode today, WAHHHHHHHHHHHHHHHHHHHHHHHH i invested in a company thats has not made a profit yet and im complaining about typical stuff from companies yet to make a profit.
I read this article last night.
Frankly, I regret reading it.
Not because I have concern over folks NOT becoming a sub but moreso because I've grown really quite tired of blogs/sites that mooch on Siri to get clicks.
My notion is that this guy got more clicks from that one cancellation article than anything he's written that doesn't include "Sirius XM".
As for the notion that folks won't add due to someone *else's* cancellation experience...I don't buy it. It's not like someone got food poisoning and warned their friend to NOT eat at THAT restaurant.
Consumers (read: people) truly believe that everything *bad* happens to everyone BUT them. They (read: we) truly believe that we're so smart as to not get duped and only do we make smart, informed decisions.
It all goes back to content - it really does, in my opinion.
I hardly listen to HoSte - Robin's an Ass & Arte is well...anyway. I do listen to Bloomberg and a few other stations daily.
My point with that is that my interests are NOT what any of my cohorts interests are - *they* wouldn't be adding a subscription based on my experience at all.
Then again, my cohorts are of varied interests & socioeconomic levels/background. Then again, that's what I like about *them*.
Okay, maybe this was a tidbit of a rant.
Someday - and I hope soon - these "journalists" will realize that they can get just as many, if not many more, clicks with a positive reporting on Sirius XM.
***
now, I will step away. I have my re-entry order in & find the sudden urge to step away and get some air...
I did have a tough time cancelling XM account. It took 30 minutes of BS and hold time as the rep kept placing me on hold and coming back with various offers to get me to keep the sub, even though I already had 2 I was keeping. It was VERY annoying. But, this is not a problem limited to S-XM. All the companies that are subscription based pull this crap. It's become routine. Like I've said before...ez to sign up via web, impossible to leave...like trying to quit the mafia.
Agree.....SIRI is a spec stock. period. It has mountain of debt, yet to make a profit, and stock trading for pennies. Don't get me wrong....I think it will climb out of this. But, to expect management to NOT go to shareholders for approval for R/S and more shares is naive. They have to do this stuff....probably to avoid liability and shareholder suits if they end up in even worse shape: delisted. Worst thing. Pink sheet hell. Game over.
I disagree partially. Had they not diluted late last year they wouldn't be here (meaning BK). If it was to pay off all the debt I might be OK with it but the scenario that bothers me is that they pay off all but malone's debt then Malone converts leaving him with an undiluted 40% and Mel gets a nice bonus to cover his S/P losses. The interest on the debt, esp. not with malone's 15% is a drag on potential profits. I am not sure I trust malone. I know others do but I am still a little worried.
Have no idea who this is or anything about this website, but it's positive article:
http://www.paidcontent.org/entry/419...ived-up-to-ex/
wheres all the selling coming from. :(
rsi just hit 15
oooo goodie! We're in buying territory again!:rolleyes:
[QUOTE=trippingthespeculatingpos;30588]wheres all the selling coming from. :(
IMO..it is the impatient who bought in hi 20's low 30's that still us in stall mode and are getting out in 40's. hoping it will be drop back into 30's...they WILL GET BURNED and regret early pullout.
Man, just don't close below .40-don't close below .40-don't close below .40
finally they are taking us into the red..mm's should drop dead at their keyboards.
I would be careful trading from here out ... such low volume. Buyers are drying up and smart money may be waiting to steal your shares. As the Q1 looms when it goes it may go to the moon and profit takers or traders waiting for the next small cycle may miss the big move that is inevitable. I dont think there is time for the smaller step-wise correction any more. There may be one or two more. But it will be hard to tell which one will make the big move till its too late.
I know that money can still be made trading but I fear alot will miss out on the big move.
The smart money has primed the pump(fear).
SIRI is "supposed" to have support at .42...........
http://i195.photobucket.com/albums/z...g?t=1240514859
is that your 100 block .40? from UBSS?
Yes buying I think is good if you got it. it may take a few weeks but as the 50 meets the 200 and Q1 all around the same time it is a perfect storm ... or at least I hope.
Subs may not be up but hopefully that just means less cost because of less car sales(Isnt this right? there is an up front hit for every car that has a radio in it due to agreements).
Gotta find the silver lining:)
the swings here are getting crazy
I think we can pick up shares in the high 30s. IMHO. I am waiting for tomorrow. Todays swing was 14%...crazy.
I picked up 17,000 more today at .41 and hope to sell at open tomorrow for .45