SIRI IntraWEEK Thread 08-03-09

If memory serves (that's a stretch by itself!), after the May 7 CC, SP dropped a helluva lot more than we're seeing here. I think we swing back to green by close. This CC was very good. I really don't see any negatives based on expectations. No one, I mean no one, expected a profit, sub growth, or earth shaking reveal to the world to push the stock to the moon. So, SIRI matches street expectation and beats estimates on sub loss by a wide margin, so WTF? The smart money should start to flow in soon. IMHO.

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Originally Posted by john

candleman, while I think what you are doing for the American way of life is good and I thank you for it. I have to say that while sales are better by 6% over 1997 that did not make up for the cost you had to pay for inflation on everything else. Are you going to try and tell me that you got a reduction on your lease at a time when everyone else was paying more 1997 to 2004. Maybe now you got a reduction in rent but that was after huge increases. the point being even if you take into account a small inflation rate of 3% (cost of living) then a 6 % increase in sales from 1997 is not going to make up for it.


candelman, I dont know your bussiness but what I do know is that from what you said, if your sales are only 6% better then they were in 1997 then you are not making even close to what you did in 1997 even with a 6% increase in sales.

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ahahaha!

Maybe I should re read these things before I hit the send button.

That was 2007 not 1997. Geez, I can see why you can't quite get my point. Sorry about the mistake!

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Originally Posted by candleman

ahahaha!

Maybe I should re read these things before I hit the send button.

That was 2007 not 1997. Geez, I can see why you can't quite get my point. Sorry about the mistake!

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Well hell that does make a hell of a difference doesn't it. OK I retract everything I just said on this subject except the part about the good work on selling only American products.

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Originally Posted by john

Well hell that does make a hell of a difference doesn't it. OK I retract everything I just said on this subject except the part about the good work on selling only American products.

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You know John, there are times when I just crack myself up. And this was one of them!

Hey Roc . . I wanna post an audio clip here . . could you do me a solid and link-up: "What a Day for a Daydream"

Never mind. Here it is . . enjoy:

http://www.youtube.com/watch?v=4lefp89sUv0

or if ya like the original better:

http://www.youtube.com/watch?v=pDDB0...eature=related

Thanks

(ps. nothing to do with you CL; not a shot)

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Originally Posted by Sirius Roadkill

Hey Roc . . I wanna post an audio clip here . . could you do me a solid and link-up: "What a Day for a Daydream"

Never mind. Here it is . . enjoy:

http://www.youtube.com/watch?v=4lefp89sUv0

or if ya like the original better:

http://www.youtube.com/watch?v=pDDB0...eature=related

Thanks

(ps. nothing to do with you CL; not a shot)

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Today does seem a bit of a Sweet Dream. We're not dropping like some of us thought we would! (yet)

There its is folks! $0.52 at 12:40 PM on a nice, slow, steady climb

Are we finally behaving like a real stock!

Anybody out there sweating yet?? he-he

I think I'll go listen to "daydream" again

if you're a true long . . ya gotta feel good right now or you just don't have a pulse!

I hope "JC" is choking on the lime in his corona while he sits like an imperious ass at his beach house this weekend . .

the business model works and is here to stay . . organic debt reduction is just around the corner

what's the record for straight, uninterrupted posts?

that's 3 in a row; i think this one ties

hey romo . . i just got hit with the 30 sec rule but this should break tripps record 5

$0.524 . . do I hear $0.525

some wicked retrace, huh?
he-he

S-Kill,broken so you can't break romo's record,which is about 13,not finished digesting CC or report yet,will take a few days to let it sink in...SP is going to trade semi normal now and FCF positive for year as i said they would be 3 months ago is tracking better than expected especially with self pay subs down last 2 Q's...GAAP profit is just AROUND THE CORNER,and actually probably making first profit right now..

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Originally Posted by john

Big Ben, after seeing some more of the numbers I have to say If you are lucky enough to get back in at what you want (somewhere in the thirties), then I would get in and stay there for a while. The numbers are only going to improve from here till at least the 1st and 2nd quarter of next year.


jon I will have my dime ready I am going to say we have seen the last of the thirties if we hold near the .5 mark today.


P.S. At this point I am just playing the odds and common sense (while SIRIXM does not follow that to much), that we do not get that low again. If the numbers were alot worse then they were in this quarter then that was possible. I just dont think it is now.

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Hey Numnuts,are trying to jinx the hell out of SP withy this post?:p

Common sense says buy and then buy some more,and oh yeah,i think you should buy even more....:D

right...so what's the consensus here.....obviously SP not taking a big hit, so I'm figuring we bounce back mid afternoon and close green. There's no reason for SP to languish...we should see it move up a bit soon. others?

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Originally Posted by underway

right...so what's the consensus here.....obviously SP not taking a big hit, so I'm figuring we bounce back mid afternoon and close green. There's no reason for SP to languish...we should see it move up a bit soon. others?

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I agree! I also agree with Johnny. I've bought more today and I think the bouncing days are behind us.

Might as well start commenting on this thing since I read it day and night.

All I can say is this: If you liked the run up to this quarter's CC, which wasn't anything hugely exciting in terms of numbers, how do you feel about the run up that will occur leading into next quarter's CC?

I feel like it's time to double down, and I'd be happy paying anywhere from .45 to .55 for the shares.

Level II is showing that only orders at .52 filling. Buys sitting on the cheap side are not moving. heading up..

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Originally Posted by underway

right...so what's the consensus here.....obviously SP not taking a big hit, so I'm figuring we bounce back mid afternoon and close green. There's no reason for SP to languish...we should see it move up a bit soon. others?

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nice . . . smooth . . . slow . . . steady . . . climb . . like a REAL stock for once


other good news from today's CC: Bash pieces don't work anymore; game over!

Because of that . . next news cycle will be all positive headlines in order to curry favor with readers . . except for JC's theculdesac.com will continue to try and foment until Goldman Sachs gives him the "hi-sign"

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Originally Posted by candleman

Ben, I am a retailer.

Our overall sales are down about 6% this year. But, that still puts us about 10% ahead of 1997. We sell only American made products and our customers love us for that effort.

Unemployment is improving. In other words, it's not rising as fast as it was. We are near the end of this recession.

You need to have a little more faith in your fellow American.

Look at Ford, Bank Of America, Citi Bank, GE, JetBlue, these are strong American companies that are recovering one way or another.

John McCain didn't know we were in a recession last fall. People like him don't know we're in a recovery now.

Short all you want, but the profit will be there for the longs.

That's just an opinion of an American who sell things made in America to other Americans:)

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1st post here in the stock thread (long time lurker).

I'm also a retailer. We are down ~25% on LY to date (sales) and worse on margin as the only sales volume we are getting is from (deep) discounting. The only growth we are seeing is international.

I agree with Big Ben that this Fall will see more (weaker) retailers fail, probably more than last Fall.

You seem to be doing ok though. 5% down is the new up :)