SIRI Weekly Thread 8-10-09

Congratulations Candleman, on your 100th post and welcome
to the very elite SENIOR MEMBER CLUB! :cool:

:)

Julie

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Originally Posted by julietoo

Congratulations Candleman, on your 100th post and welcome
to the very elite SENIOR MEMBER CLUB! :cool:

:)

Julie

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Ha Ha I just noticed that....Geez, I'm only 54 and already a senior.....what's next??

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Originally Posted by candleman

Ha Ha I just noticed that....Geez, I'm only 54 and already a senior.....what's next??

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Restaurant discounts. :D

Julie

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Originally Posted by julietoo

Sorry, that slipped. :) Getting a little emotional here. Breathe slowly.

I tried to blame Johnny, but he wouldn't take the bait. I thought him
being on vaca so long, he would fall for it. :D Not so much.

Darn, (sound better?) back to the drawing board.

Julie

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ill take the bait....IMO, which is worthless, the debt hasn't changed, the forecast is essentially the same. Some doom has been removed however.

you'll get your chance at .46, patience is the game here...still only 2 days after the cc, now they work it so people get caught into buying here expecting they might miss a jump.

we shall see. Im not doing anything for 30 days or if it hits the .30's. Its the siri 30/30 rule. 30 days or 30 cents whichever comes first.

what was the siri cash on hand at?

We're up three cents for the day and nice steady volume.

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Originally Posted by imromo24

ill take the bait....IMO, which is worthless, the debt hasn't changed, the forecast is essentially the same. Some doom has been removed however.

you'll get your chance at .46, patience is the game here...still only 2 days after the cc, now they work it so people get caught into buying here expecting they might miss a jump.

we shall see. Im not doing anything for 30 days or if it hits the .30's. Its the siri 30/30 rule. 30 days or 30 cents whichever comes first.

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Thanks, Romo. You're a good friend. :) Thanks for stepping up to the plate.
I'll wait patiently then. It's already been 3 years, what's another few more,
right! :D

Julie

That was a nice close at fifty two and half cents on good volume of 55 mil or so.

This does feel good folks!

45 orders filled at 100,000 shares each at .525, what the hell was that.

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Originally Posted by imromo24

45 orders filled at 100,000 shares each at .525, what the hell was that.

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somebody trading 4.5M shares. :cool:

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Originally Posted by imromo24

45 orders filled at 100,000 shares each at .525, what the hell was that.

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That might have been 4.5 million reasons why we're not going to see the forties again!

I just posted this in a new thread . . it's the CNBC hack job from the Power Lunch show:

http://www.examiner.com/x-11279-Howa...irius-XM-video

ha, PS . . Julia Boorstin, frequent reporter on Seeking Alfalfa . . good move "Buzz" on pulling your work from that waste bin . . lay down with dogs, wake up with fleas

Liberty Media CEO: Sirius XM Can Only Go Up

August 10, 2009

Back in February, Liberty Media Corp. lent Sirius XM Radio $530 million for a 40 percent share in the company. On Friday, Liberty Media's CEO Greg Maffei gave the satcaster a boost of confidence, saying the company has already hit its bottom and is on the way back up.

"You'd be hard-pressed to find a media company out there that is growing at the rate [Sirius] is growing," Maffei said on a Q2 conference call, reports The Wall Street Journal. "We're convinced [the company has hit bottom]," Maffei added. "The [second-quarter] results seem to demonstrate that."

Maffei also added that while bankruptcy was considered a possibility for the satcaster early this year, Sirius XM is in much better shape now. "We're talking now about how much this equity is worth," Maffei said. "I think this is a great business."


p.s. Tyler . . this is why I think the "multiple" comps that are being talked about by RBC are B.S.

sirius xm has no true peer group in media . . maybe you could look at subscription TV business as a comp but they are relatively mature by comparison and face a different competitive landscape . .

Where exactly does David Bank factor-in revenue growth in his E.V. model (rhetorical quest)

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Originally Posted by Sirius Roadkill

Liberty Media CEO: Sirius XM Can Only Go Up

August 10, 2009

Back in February, Liberty Media Corp. lent Sirius XM Radio $530 million for a 40 percent share in the company. On Friday, Liberty Media's CEO Greg Maffei gave the satcaster a boost of confidence, saying the company has already hit its bottom and is on the way back up.

"You'd be hard-pressed to find a media company out there that is growing at the rate [Sirius] is growing," Maffei said on a Q2 conference call, reports The Wall Street Journal. "We're convinced [the company has hit bottom]," Maffei added. "The [second-quarter] results seem to demonstrate that."

Maffei also added that while bankruptcy was considered a possibility for the satcaster early this year, Sirius XM is in much better shape now. "We're talking now about how much this equity is worth," Maffei said. "I think this is a great business."

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Thanks, Srk, great find! Especially the 'We're convinced the company
has hit bottom" part. Sounding pretty positive and upbeat. :)

Julie

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Originally Posted by mypearl

Steady climb to .6 this week! Have to be positive. :)

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They can't climb too far from 0.50. That is the target price. Eventhough analyst "upgrades" are worthless, in order for SIRI to steadly climb and don't give up gains, it needs an analyst "upgrade" and target revision.

Quote:

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Originally Posted by Sirius Roadkill

Liberty Media CEO: Sirius XM Can Only Go Up

August 10, 2009

Back in February, Liberty Media Corp. lent Sirius XM Radio $530 million for a 40 percent share in the company. On Friday, Liberty Media's CEO Greg Maffei gave the satcaster a boost of confidence, saying the company has already hit its bottom and is on the way back up.

"You'd be hard-pressed to find a media company out there that is growing at the rate [Sirius] is growing," Maffei said on a Q2 conference call, reports The Wall Street Journal. "We're convinced [the company has hit bottom]," Maffei added. "The [second-quarter] results seem to demonstrate that."

Maffei also added that while bankruptcy was considered a possibility for the satcaster early this year, Sirius XM is in much better shape now. "We're talking now about how much this equity is worth," Maffei said. "I think this is a great business."


p.s. Tyler . . this is why I think the "multiple" comps that are being talked about by RBC are B.S.

sirius xm has no true peer group in media . . maybe you could look at subscription TV business as a comp but they are relatively mature by comparison and face a different competitive landscape . .

Where exactly does David Bank factor-in revenue growth in his E.V. model (rhetorical quest)

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Pump, pump, pump it up...

well someone knows something,10 mill buy at end and then more and then 5 mil so far in AH,geez,who is selling?Short position going long maybe..

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Originally Posted by candleman

.49, up a half penny!

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Cheer up cheerleaders, Yei !!! Ajuaaa !!! Another half penny and I can retire !!! Just joking...

I just have to.



For those that recall all the crap I got for saying it was ridiculous for congress to be getting on the CEOs of the big 3 for taking private jets. Well looky here, 8 new jets at a cost of 600 MILLION for congress. So where is all the out rage now, at congress. Hey lloyd are you going to vote for these hypocrits.

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Originally Posted by bassmaster

sorry again...


anyways might as welll make my post on siri. i am totally suprised by todays action. a few more days like this and i think its safe to say that the 30's are gone forever.

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Nothing is forever...