ouch.Quote:
Originally Posted by SiriusBuzz
I hate to hear this kind of stuff too . . . but lets find out how widespread it is before we start boycotting SB - lol.
we just don't know at this point
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ouch.Quote:
Originally Posted by SiriusBuzz
I hate to hear this kind of stuff too . . . but lets find out how widespread it is before we start boycotting SB - lol.
we just don't know at this point
Yup. That's all it normally takes. And if you really want to boil his blood (although I don't recommend doing this), just say something stupid about convertible bonds.Quote:
Originally Posted by SiriusBuzz
Although Batman is a good comparison, I tend to think of homer more like Underdog . . remember the words to the theme song?
"when in this world the headlines read
of those whose hearts are filled with greed
who rob and steal from those who need
to right this wrong with blinding speed
goes Underdog! Underdog! Underdog! Underdog!"
Well, 3:30 est, less than 20mm shares traded and price is flat.
Looks like the traders are positioned right where they want to be, standing pat and satisfied to play the hand they have going into Tuesday . . . . I am guessing Friday/Monday's trades will bring more of the same . . seems that everybody is all set-up for Tuesday.
Lack of pre-release is interesting this time around as all metrics have been moving in the right direction . . and on record pace. The refinancing costs have been pretty well disected and we know the OEM partners had a strong Q.
Nothing left to do but play the game . . . . I wonder what Dr. Dave's charts are telling him right now?
Where are you Dave?
a little action stirring on the western front . . LCAPA closes up 0.82% on above average volume.
Looks like the siri shorts "could" have unwound on 2/2, 2/3
LCAPA had high volume on 2/3, 2/4
Concert promoter Live Nation Entertainment Inc. is looking at possible acquisitions with John Malone’s Liberty Media Corp., its largest shareholder, and is considering ways the companies can work together.
“We’re on the prowl together,” Live Nation Chairman Irving Azoff said in an interview yesterday at the company’s Beverly Hills, California, offices. Liberty Media Chief Executive Officer Greg Maffei participated by phone.
The ties are deepening as Liberty Media increases its stake in Live Nation, the world’s biggest concert promoter and ticket- seller. Live Nation is “looking through Liberty’s whole portfolio” for opportunities to work together, said Azoff, who pointed to home-shopping channel QVC, Sirius XM Radio Inc. and premium cable channel Starz as areas of interest.
http://www.bloomberg.com/news/2011-0...tml?cmpid=yhoo
2/15 Sirius XM Q4 & FY Conference Call
2/15 Live Nation at Goldman Sachs Tech/Internet Conf at 3:20 p.m. PT*
2/18 Options Expiration Friday
2/24 SRK Vacation
2/28 Liberty Media Conference Call **
2/28 Live Nation Earnings Conference Call at 2:00 p.m. PT
3/07 Liberty Media Restrictions Eased
6/01 johnnyirish cracks $800k/Flies Sheree to Vegas
9/01 mr & mrs johnny & sheree-irish crack $1mm
9/02 sheree flies johnny to Dominican
9/03 johnny flies back to Valley Forge with $500k
9/04 ex mrs sheree irish starts up new Siri website, Queen of All Trades***
* The ties are deepening as Liberty Media increases its stake in Live Nation, the world’s biggest concert promoter and ticket- seller. Live Nation is “looking through Liberty’s whole portfolio” for opportunities to work together, said Azoff, who pointed to home-shopping channel QVC, Sirius XM Radio Inc. and premium cable channel Starz as areas of interest.
** Liberty Media Corporation (Nasdaq: LCAPA, LCAPB, LINTA, LINTB, LSTZA, LSTZB) will release its fourth quarter earnings on Monday, February 28th at 12:00 p.m. (ET). Greg Maffei, Liberty Media's President and CEO, will host the call. During the call, Mr. Maffei will discuss the company's financial performance and outlook and may discuss the previously announced split-off of the Liberty Capital and Liberty Starz tracking stock groups.
*** Which doesn't require registration to simply view the forum posts!
Less than 10mm shares traded by Noon
Siri holding pattern continues from yesterday . . . landing gear won't drop til Tuesday.
Up 1.14% since last Friday's close . .
LCAPA up 1.12% on very strong volume
Up 3.76% since last Friday's close . . .
Live Nation (LYV) . . . up 10.50% since last Friday's close.
WOW! what the hell happen? Went for a workout and come back to see $1.85!Quote:
Originally Posted by Sirius Roadkill
johnnyirish is on expedia right now shopping airfare to Vegas
Something worth noting... the big guys can now predict netflixs growth based on the amount of netflix data flying around the web. With near certainty they can predict the total number of subscribers based on increase in traffic. One could imagine the big guys being able to do that with Sirius XM as well.
I'm not saying that is what is going on here. I'm just saying that it is something to think about.
I wonder if Dr. Dave's charts would have forseen this late-day rally?
I don't believe there were any technical indicators, in particular, that were pointing to this.
So it does make you wonder who knows what and how . . . .
Quote:
Originally Posted by SiriusBuzz
Well, I just popped the hood . . looks like this baby has a few leaks . .Quote:
Originally Posted by Sirius Roadkill
Associated Press
Pandora tunes up for IPO, looks to raise $100M
By RACHEL METZ , 02.11.11, 07:27 PM EST
The company has lost $83.9 million since its inception and remains unprofitable, according to Friday's filing. In the first nine months of its last fiscal year, Pandora suffered a $328,000 loss on revenue of $90.1 million.
The filing said its independent auditor determined there was "material weakness" in Pandora's financial reporting practices. The company said it's trying to fix the problems.
http://www.forbes.com/feeds/ap/2011/...o_8305035.html
Nice find.
I wonder why they said "remains unprofitable" when they previously posted a profit the quarter before these last reported 9 months? Bad reporting?
Anyway, they almost broke even (if the report is accurate (it could be much worse))... not bad considering.
I'd be more concerned to see how they wound up losing $328k, is it because they spent $20million on improving service?
I'm not looking to invest regardless (I would invest in Pandora if they were more like Slacker) but, I would love to invest in Groupon (the article mentions a possible ipo).
When the reports say "remains unprofitable" I interpret that to mean on a year-over-year or year-to-year basis rather than on a quarterly basis.Quote:
Originally Posted by SiriusBuzz
Groupon might make for good discussion in the Market Watch Thread . . I'll see what I can find to try and get that started . . .
Quote:
Originally Posted by SiriusBuzz
In addition, we expect to invest heavily in our operations to support anticipated future growth and public company reporting and compliance obligations. As a result of these factors, we expect to continue to incur operating losses on an annual basis through at least the end of fiscal 2012.
Our revenue increased rapidly in each of the fiscal years ended January 31, 2007 through January 31, 2010; however, we expect our revenue growth rate to decline in the future as a result of a variety of factors, including increased competition and the maturation of our business, and we cannot assure you that our revenue will continue to grow or will not decline. You should not consider our historical revenue growth or operating expenses as indicative of our future performance. If our revenue growth rate declines or our operating expenses exceed our expectations, our financial performance will be adversely affected. Further, if our future growth and operating performance fail to meet investor or analyst expectations, it could have a materially negative effect on our stock price.
http://www.sec.gov/Archives/edgar/da...032963/ds1.htm
I am watching local businesses in my area seeing a traffic explosion from running groupon deals. The cut that Groupon takes from the deal is off the chain and they turned down a multibillion dollar offer from Google. The only problem is... there is no reason why Google can't just clone the service and... I think they will. That said, I think there is room for a few good companies in this niche. 3 maybe 4 tops. Its a cool model. I have officially purchased 3 groupon offers in the last 3 months.Quote:
Originally Posted by Sirius Roadkill
Good Morning :sunny:
Short interruption from the Muscles and Charles discussion. Sirius pre market trading at $1.87.
C.C. scheduled for tomorrow morning
Happy Valentines Day :)
Julie
The following post is copied here as insurance (in the unfortunate event that something should accidentally happen to it under the related news story):
sirius roadkill says:
February 14, 2011 at 1:23 pm
Beware of “Randy A” . . . axe-grinding serial complainer who lacks objectivity . . hidden agenda! Read for yourself.
Randy A says:
February 7, 2011 at 3:50 pm
“Any hope that Sirius can do away with the Internet competition with some compelling and innovative new online option that would wipe out Mog, Pandora, Slacker, Rdio and the others is an absolute pipe dream. It would require a level of thought and creativity that Mel has never demonstrated throughout his career. The people at XM that could have made it happen were all let go.”
http://siriusbuzz.com/pandora-files-...o.php#comments
Quoting Mel Karmazin, "It would be helpful if we dealt with the facts." An inconvenient fact omitted from Tyler's Pandora story is Pandora's declining TSL. Apparently the author didn't think it newsworthy. Investors in the IPO may think differently. Do your own due diligence folks before being herded into this thing.
"Pandora stands out because when it first appeared in the Ando Media ranker in September of last year, it had the distinction of having the lowest TSL of any service in the ranker. In the seven months since, it has continued with that distinction, actually losing TSL every month since.
A possible explanation is the growth of mobile. Mobile user are the fastest growing segment of Pandora’s user base. It stands to reason that TSL would decline as the proportion of mobile users increases. While Pandora’s TSL was already declining before mobile users were counted, it doesn’t preclude mobile having a negative impact.
If mobile users spend less time with Pandora than computer-bound users, then the service’s TSL should continue to decline as smartphone penetration increases. That could become problematic for a service selling advertising."
http://www.rbr.com/features/viewpoints/25459.html