Hi, And it does not take a rocket scientist to see the MM's are simply picking up that commision for the 500,000+ shares at .39 and .38 Then they will move to sell to that 300,000 at .41
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Hi, And it does not take a rocket scientist to see the MM's are simply picking up that commision for the 500,000+ shares at .39 and .38 Then they will move to sell to that 300,000 at .41
My grandmothers cardiograph had more movement than this stock did today. Oh yeah, and yesterday, and the day before that and...
I'd just be happy if it moved back toward .46. Take a loss now before the news next Thursday or wait it out and see? Decisions, decisions.
Its clear there just is no interest in SIRI right now, the volume and momentum are real slow, kind of like fishing i think something to bite into needs to be released for us to get some movement...very shortly...next thursday we will get some very positive news in one way or another for any of us holding long...we won't go broke, believe that and if your long who cares....allow me to post my sell point list now....
Quote:
I have a check list for selling....not until the following are met:
1. iphone app released
2. synergies realized
3. although #2 is synergies synergies is one thing, but having 2 times the bandwidth WHO-AH!
4. Liberty media...i think we just had 2 mergers in the last year
5. When Mel and company say "We are profitable"
6. Economy turns around (i think its happened but ill wait until its announced, and then wait at least another quarter after that announcement)
7. Auto industry posts better numbers
8. ARPU...up up and away
Based on a thread I believe from yesterday by Homer, regarding the motives behind the poison pill, I posited this to Homer... anyone else, please feel free to put forth your interpretations of the recent news and how it impacts us 'low level' shareholders...
been awhile since I posted... hope all are well:
So, Homer, based on your opinions and interpretations, the likelihood is that Liberty is buying SXM for the purposes of an incredible tax break. If that is the case, and in 3 years from now they do the following, please describe what it might possibly mean from a shareholders perspective:
1. Liberty goes over 50% ownership in SXM (but not 100%).
2. Liberty buys 100% of SXM (which I think would mean SXM went private, right?).
Your reply to these questions is greatly appreciated; thanks for your time on them.
KR
Imromo24
No need to bash satwaves! Plenty of good posting going on over there. I read both Sirius Buzz and Satwaves. You can get different takes that way. Yea...there is alot of ass kissing going on...but at the same time...no pissing and moaning all of the time like what usually goes on here. Relmor, John, SL62 have some pretty good stuff. Homer appears to me to be the authority on the techincal stuff at SiriusXM. Great stuff here and there!
Just ordered my XMP3 with car kit and home kit...169.99 after rebate...great price! Good through today only at TSS
BTW- where the hell is Newman...Intraday other stock forum still reading last week!
Newman - start organizing the next meet and greet in Dallas! This pig is finally beginning to grow a pair!!! Hope it doesn't get nuetered before liftoff!
Might not want to mention the word pig, kind of a touchy subject nowadays. :DQuote:
Originally Posted by just sirius
Especially in Texas.
Naw Julie
A pig is a pig...but a swine...that is a whole different animal!!! Ever heard of the phrase "when swine fly"...me neither!!
Have a great day tomorrow!
I thought they were the same animal, different name.Quote:
Originally Posted by just sirius
City girl here. LOL.
Hope tomorrow is great, May 1 already!! :sunny:
Julie
i went to satwaves and you have to register to see the stock stuff now, kinda ticked me off...plus rick put a rules thing that says you can't say mean things to the founders( and im just thnking how weird all the ass kissing is..)Quote:
Originally Posted by just sirius
as for the xmp3...finally had my near fatal collapse with it...had to do a complete reset/erase...after deleting the content from the device it became full, then loggin it into the computer i could see it never deleted...but even after deleting from the xm2go it still wouldn't record...so a reset to defaults brought it back to life...its brought me more joy than any software bug could ruin...
Imromo
The put the login to keep anonomous posters from viewing posts and then re-posting on savesirius.org. They snagged some of Relmors work and posted it on Hartliebs site. Scumbags!!!! They want to avoid all of the fighting that went on here. But the ass kissing does get old. But I still read both to try and stay ahead of the game.
have a great day tomorrow!
Quote:
Originally Posted by kingreecan
kingreecan, I believe Liberty will own SIRIXM in 3 or 4 years. One only needs to see that that poison pill does not exclude Liberty, as a matter of fact they were the only ones excluded from this thing. From that you could see that they have full intentions on buying more shares, they are also not that far from owning 50% of the company and once that happens they can basically do whatever they want. Sure there could be massive law suits. But really once they get to 50% they will have all the voting power they need to take it private or do whatever they want. I can tell you, I dont like that Liberty was excluded from this thing one bit. Weather they do what I said they could or not it just puts another problem into the mix (someone else we have to trust to do the right thing for the rest of the shareholders).
In the end there is good and there is bad. The good is that the PPS will go up alot from here. The bad is we will most likely not be included in the real potential of this company. So if you dont mind getting 2 dollars in the end for your shares then it is good for you. If you invested in this company because you saw the potential in the size of that spectrum and the potential of the company to be a media giant. Then you will not be happy that you got cut short just as the company starts to show what it can do.
I guess my next question, John, is:
When a company 'goes private', what does that mean for existing shareholders? Is there a buyout price that if you don't take you essentially lose your shares/investment? Is it automatically taken or do you have to elect to accept it?
What advantages are there to taken SXM private from Liberty's standpoint? If they have controlling shares and board, they can do what they want anyway (essentially). I guess 'going private' essentially means they don't have to share in the gains made by the company...?
What if SXM is folded into Liberty itself (ie: goes under a new ticker/name) but stays a public entity? Do current SXM shareholders get to keep shares under a new company so long as it's publicly traded?
Thanks for your comments on this.
KR
Best , most concise post on this subject Ive read. I think this is EXACTLY what will happen, and it definately puts a maximum price tag on our shares. If it was $10(very very down the line, huge optomism), its now like John said around $2-$3 dollars. Long time bagholders need to buy shares at these levels soon, or they will never break even. Could be nice lift just from these people realizing the only way out now is to buy more shares.Quote:
Originally Posted by john
2-3 dollars? i think it would at least be closer to five
so isn't there a guaranteed buyer of our shares now? hence the reason to protect the price from liberty having to pay too much because after MAy 11 no one will be able to "stock" up...no pun intended.
no one can buy over 4.9%, which means "no free rides" to people wanting to get over that to drive the price up for liberty to take full control.
the only reason to aquire 5% of any stock is to have a say in the company or to start a take over..most mutual funds and institutions stay under 5% because you have to register with the sec when you do and it becomes public knowledge then,which they don't like to do until they have to show it in quarterly reports..Quote:
Originally Posted by imromo24