Nice Wolf!....congrats:money:....:thumbsup:
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Nice Wolf!....congrats:money:....:thumbsup:
Target was 4.50Quote:
Originally Posted by Sundeeez
What do we make of this PHOT news? Good, bad, indifferent?
http://finance.yahoo.com/news/growli...121500958.html
Hey guys, I don't have a lot of SIRI shares, so my risk is minimal. However, with the few I do own, here is what I am doing with them, and why -
SIRI 1/30/2014 – Why I’m Selling Into Upcoming Strength
So P is a double according to GS?
shoot me
:suicide:
TWC CEO has balls and is definitely on the side of shareholders. On CNBC now.
MEYER on the other hand is a FKGPUSSY, MaloneCoBIT$H......and could care less about us. The puppet has had his head up his A$$ since EDIT...the October deal to sell between 3.64 and 4.18 which started the manipulative takedown and of course the January 3rd announcement....what a MALONECOWH@RE
First off, why would or SHOULD Malone care about the SIRI shareholders? I understand the frustrations aimed towards Meyer and the SIRI powers that be but Malone is a business man. He's in the business of making money for himself and HIS shareholders. How do you do that? Buy things on the cheap or the best deal you can and grow them or buy on the cheap and sell them for more. It is what it is. Everyone needs to quit the bitching and just wait until we have more info.
Think back to how angry many were that Mel gave Malone the amount of SIRI he did when we got that lifeline a few years back. Dunno bout you but between then and now, i've done QUITE well for myself with my SIRI shares. None of my other holdings are up over 10-14 fold in that same time. None of us know how this will play out and crying about it on a message board isn't going to change that LOL. Just my 2 cents....the name says it all....
If you are responding to my post above IKN....first off my post is regarding the lack of shareholder responsibility on the part of Meyer. Secondly, Malone is the majority shareholder of SIRI and thus is responsible to SIRI shareholders as well. The fact that he sits on the BOD OF SIRI in and of itself necessitates a fiduciary responsibility to SIRI shareholders.
EDIT: If one sifts through the crying and bitching and look at the facts it is obvious that manipulative forces have been at work to hold us in check to achieve his objective without regard to the SIRI shareholder. More clarity on both sides would be a good start in the direction of removing the veil of deceit.
EDIT2: So, until that happens.....FKMALONE AND FKMEYER
I agreed with the animosity towards Meyer and the powers at be of SIRI. On their actions compared to the powers that be at TWC....no stock is just going to go up up up. Sit back, relax, wait for news and information. You seem very stressed and worked up about this whole thing LOL.
Edit: Whatever makes you happy my man, if it's caps lock and half swearing at Malone and Meyer, to each his own. We're on the same team, meant no disrespect, I hope this works out well for us, I haven't sold anything through all this. Time will tell.
Yes, stressed is appropriate as too my current feelings. Thing is IKN....I like to know that I am going to get screwed and by whom so that I appropriately prepare or better yet remove myself from the fray to protect my A$$.
To know that Meyer would go silent for going on 4 months now after jumping at the chance the previous 18 months to support the SP is a 180 that I did not see coming from the CEO. So yeah, pissed, stressed, no doubt.
LOL understood. Keep in mind...you haven't actually been screwed yet...Just keep those cheeks tight and sleep with one eye open ;)
Shift not Caps lock, but yes, the venting does help:)
As far as not being screwed yet. I disagree. Sure stocks go up and down. But stocks don't usually go down at the hands of the CEO and the majority shareholder. Knowing who and where the sharks are is always good when investing.
All I want to hear is one thing from Meyer. Something to the effect of "This bid highly under values SIRI" I think that alone would send shares up. Will we hear that? I'm starting to have my doubts. 3.58 on a big up day for the nasdaq and P up 12%:mad::puke:
When very long time and bullish shareholders like myself (or bass) are ready to call it quits, how much hope is there really for this stock near term?
I'm ready to call it quits too. I sold all my 200k shares right after the bid. I re bought at 3.72 on the way back down thinking it would be a good re-entry. At this point If we make it back to 3.72 I'm out, unless we hear something good.
I`m really worried about Tues. CC. we are already down .58 from the high. How long will it ever take to get that back ? I don`t want any part of Libertys other pile of crap. Check LMCA`s trading volume, most days it`s 1 Mil. or less and we should take some shit C stock. Malone wants Sirius for his Piggy Bank that`s all. What they are doing now is just criminal.
Meyers is too busy looking to others to help him make it look like it's a tough decision for him, so he can look like he tried, that to me says he's bought off, there's nothing to think about. I think we can all agree the majority of reets want him to tell Liberty we are not for sell, and to stick your offer up your butt. But that takes Big Balls!!! Does he have them???
http://www.youtube.com/watch?v=nQSk0CYPvwE
But then Malone would call him in his office and tell him...
http://www.youtube.com/watch?v=hv-n6M7LITM
Mel taught him well!!! Act stupid!!! Not a single reply from our CEO since the offer, but he's got some people looking into it because evidently he's not smart enough to know , we are paying for his counsel and delay, and that's costing us all money!!! I would think a real CEO that cared about his people, would rise up and speak out with emotion, but not ours, not a peep!!! Tail tucked between his legs, worried about his job, going down with a perpetrated fake fight that he's not even on the front lines of!!! imo Sorry IDK, but I think us reets are entitled to be tired of the bullcrap we've been dealing with for years, while our CEO's get paid for the demise and detriment of the reet investors, without even taking a sincere stand for them. A true captain isn't afraid to go down with the ship, guns blazing!!!:guns:
This is what they had to say on January 7, 2014
http://finance.yahoo.com/news/sirius...210500551.html
Quote:
"SiriusXM had an outstanding 2013, and we expect to meet or exceed all other guidance we have provided for the year. Automotive distribution is hitting on all cylinders and an increasing number of households, at all income levels, are subscribing to SiriusXM. In a world where consumers have many choices, millions of subscribers continue to love our unmatched and easily affordable lineup of exclusive talk, live news, major sports events, and commercial free and curated music channels," said Jim Meyer, SiriusXM's Chief Executive Officer.
"Our strong history of growth will continue in 2014, as we invest in new products and technologies, like our connected vehicle services business. Adjusted EBITDA growth will continue to exceed 20%, and free cash flow per share will grow even faster. We look forward to building on our progress and delivering enhanced value to our shareholders," added Meyer.
The company also issued 2014 subscriber and free cash flow guidance and reiterated its 2014 revenue and adjusted EBITDA guidance of:
•Net subscriber additions of 1.25 million,
•Free cash flow approaching $1.1 billion,
•Revenue of over $4.0 billion, and
•Adjusted EBITDA of approximately $1.38 billion.
"With our leverage at year end under 3.5x adjusted EBITDA and our interest coverage at more than 5x, the company is very conservatively capitalized. Our stable subscriber base and growing profitability allows us to raise our target leverage ratio to 4x adjusted EBITDA, providing increased flexibility for capital returns to stockholders and acquisition opportunities," added David Frear, SiriusXM's Chief Financial Officer
Many are worried about the up coming release and CC. What could come out to make this picture look any different from a negative perspective that has not already been stated.
Sub #s are out. Initial guidance has been given. They "expect to meet or exceed all other guidance". What am I missing and what could be seen as a negative that has not already been released?
I would not say calling it quits or me, just selling out of a small position due to the potential risk for an additional drop based on some technical analysis. If you look at where I think SIRI is in it's downtrend overall, it is like 75% done overall - not bad if you are a long term holder and have held out so far...my little stake is not significant and it hasn't been in SIRI for over 1 year now so I don't have much at stake here
but as always when i do see something bearish i have try to do my best and warn without blowing a siren
EDIT: but let me also re-iterate - I am also watching for a $3.90 print - that would mean a whole different sort of corrective process for SIRI. Elliott Waves are fluid and dynamic
Quote:
Originally Posted by Wolf Child