relmor,we can just agree to disagree on swing trading,this is my answer,as other site is having problems...With a penny stock like SXM and low vol. they can get away with it,it is legal and some illegal....let it go..
Printable View
relmor,we can just agree to disagree on swing trading,this is my answer,as other site is having problems...With a penny stock like SXM and low vol. they can get away with it,it is legal and some illegal....let it go..
http://blogs.barrons.com/techtraderd...ssible-double/
article on upgrade out!!!!
Ok. On this forum Im done. My last post about the contest will be it for over there too. Im letting it go. Listening to you. See, im reasonable? LOLQuote:
Originally Posted by JohnnyIrishXM
I fielded emails and private messages yesterday about why I wasn't writing about what Baba Booey said and my first question I wrote back to everyone was... how do you know that is Gary? On more then one occasion he has mentioned how stupid twitter is and that how he sees no use for it. It was amazing to see the mass media pick up on this and run with it like it was fact and now everyone is scrambling to edit to and pull articles. Crazy.
Doesnt the mass media have access to Gary? I mean, he must be the point of contact for a quote from the show... no one could pick up the phone and call him?
I didnt hear about it. What did someone supposedly twitter as ba ba booey?Quote:
Originally Posted by SiriusBuzz
What did he supposedly say, and who pulled articles?
Thanks to Relmor who kept our hopes alive with his convincing reasoning and support during this long journey particularly when everyone was hopeless during BK scare. Also, missing out KillerKaul.
Average down to $1.45 with 100K share and hope to recover back by 2010 and before R/S.
He was talking about why Howard wasnt on the iPhone and that they were working on it. I saw an article on orbicast and then it was popping up all over the place after that. I think Ryan is editing his article now.Quote:
Originally Posted by relmor2003
nuts! its coming....Quote:
Originally Posted by trippingthespeculatingpos
saw Barringtons is calling for over 500mil EBITDA positive for this year...Quote:
Originally Posted by relmor2003
This is why i wrote my reply to you a couple of days ago,we are taking off this year and next year is going to be out of this world...
posted on 6-20-2009.....
Relmor,if your numbers come true as posted here SXM will be BK by end of 2010,that's how far off you are..
First off,with the new revenue streams coming fast and furius,it is hard to exstrapulate numbers on EPS positive as of right now without seeing 1 full Q of reported REV..But take an educated guess for you here.
1.The royalty pass on will add $140 million to bottom line in 2009
(july29th till Dec 31 2009 )$2 per month for 14.5Mil subs=$140m
For 2010 it is $350m to bottom line with todays sub numbers(no additions of subs)
So right there EBITDA is raised to more than $500m...for 2009(2010=well over $1billion to me)
2.Best of Rev for 700k subs as of 1Q cc for rest of year and any we add to will also increase EBITDA..
3.$2.99 on line fee implemented end of 1Q(no numbers yet)but 3Q's of rev from that.(didn't impact 1Q rev)
4.No appreciable debt due until 2011,2009 was pushed back and Dec bonds will be taken care of with the final $100m loan from Liberty.
Capex for next sat launch was pushed back to 2010,But SXM has right to extend it out further or cancel it.This Sat launch is paid for already.(According to Mel in response to Question at 1QCC)
The credit facility due is 4 payments which 1 was paid in May this year and rest is accounted for already=$175m with final next may 2010..
Correction,new debt offering to push this back to 2013,this will add 250Mil to the bottom line also..
5.For 2Q i'm looking for .01 to .03 EPS minus Adj..Last Q was -(.01) with -(.07) with Liberty Adj.
The rest of 2009 (3Q and 4Q) looking for Real .08 EPS total...
6.Now 2010 is the Gift from Mel to us share holders,I'm conservatively expecting (get ready) plus $1 billion profit for the year,of course all the IF's being taken into account,SATS crash and all that...
Notice I Didn't even mention I-Phone,that is the wildcard..
If you read the Annual report,the Liberty deal was done to give SXM 2 years of basically debt free to get their house in order and show a huge profit to pay off existing debt and refi what they can't ,further out at better prices.
It was Mel's and Malone's master plan and in my opion it is working great.
Chew on that for awhile..
P.S Thanksgiving will be a very goor time for all of us at SXM shareholder land,
With 3Q report CC in Nov. with great guidance in OEM,EBITDA and Positive EPS(first time) given this stock will soar...
__________________
Phila. Phillies 2008 World Champs!!!
Someday hoping to say Eagles World Champs
--------------------------------------------------------------------------------
Last edited by JohnnyIrishXM; 06-21-2009 at 10:57 AM. Reason: correction on number of subs,By John
JohnnyIrishXM
View Public Profile
Send a private message to JohnnyIrishXM
Find More Posts by JohnnyIrishXM
Add JohnnyIrishXM to Your Contacts
Thanks Tripp,great upgrade for SXM IMHOQuote:
Originally Posted by trippingthespeculatingpos
Are we all going to stay friends after this takes off? :o
Im nervous I won't know what to do with myself..:puke:
LOL!!
Any thoughts on where we might be by the end of the week? I'm waiting for my funds to clear in my scottrade acct so I can buy later this week. I would love to see this take off but obviously after I make my purchase. I see nothing but great news coming from SXM and don't see why we shouldn't be in the .50's as a base for our late summer surge.
should I sell all of my other positions and go all in on SIRI?
Do you think they are going BK? What do you feel is fair current market cap value? If its way under what you have, then maybe bring some over, but never wise to put all your eggs in one basket. Especially this pig!!!:DQuote:
Originally Posted by imromo24
It is very tempting, I have been watching this thing for 5 years and everyday since the merger announcement...
I was able to make most of my investments back by dumping cash into the market in March of 2009, quickly turning 30% profits in 2 weeks which is proving to have been the bottom of the market...and recently thanks to the other thread 200% profits on pennies..
im not bragging just saying that it was a gut feeling and now
SIRI is looking way up and I can't believe there is no movement...$500 million EBIDTA?? what happened to maybe $300 million....then mel upped it to $350 million...All of Mels current estimates are way low balled and the economy is making a turn..
IMO, just sayin'
I don't expect to see any big surge in price at one time. First opportunity to see that would be in a couple of months when earnings come out. Likely they will go silent with any news soon and it will drift sideways / lower until earnings. Unless they report something good we may not see a surge then. I'm not expecting any signifigant movement until atleast late this year or early next. Atleast I get an interest payment on my bonds 1st of August. just my 2 cents.
F-it, greed is what kills everything, I got back to my full position today actually went over 51 shares, I will take what comes...and leave the rest alone...:o
12,551
a while back we were talking about shorts covering and causing a squeeze, recently we went back up on the list of most shorted stock...why wouldn't there be a short squeeze now like there sort of was before?
If we are valued at .70 per the upgrade today, then we could hit .85 on a fast run up, then settle down to the .60's for a while...
catalysts keep coming we have had several days of good news, I still think Mel has one up his sleeve that will gel everything together.
I don't take any notes so don't ever quote my numbers...but the talk of the town a while back was also once we break into the .50's we will shoot right through, I don't know why it matters that we came down that fast but it was discussed we would go right back up the same way.
theres always the market thread forum.....Quote:
Originally Posted by imromo24
hey relmor , that spike we got to 63...was it on same day of s&p credit upgrade, day after , do you recall the time lapse?