I just keep logging into my sharebuilder account and keep saying to myself "I cant believe its not butter" Im feeling like I look like Fabio.. My wife keeps reminding me I don't........:mad:
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I just keep logging into my sharebuilder account and keep saying to myself "I cant believe its not butter" Im feeling like I look like Fabio.. My wife keeps reminding me I don't........:mad:
Relmor2003:
How much do you think the combined spectrum is worth, even at today's prices?
How much do you value the sats and the two new sats that will go up starting next year?
How much do you value the infrastructure necessary to support a sat radio enterprise?
How much do you value all the contracts with the worlds automakers?
How much value do you place on the content which is exclusive to SiriusXM?
When you think about all of this and the cash in the bank and our impressive synergys and the fact that we are affirming our guidance for 2009, and the fact that this is the only media company that continues to grow dispite the recession
(notwithstanding that we disagree on the 1st Q net subscriber additions) shouldn't the market capitalization be north of 3.2 billion dollars.
I can't see the share price dropping significantly anymore at all. We will be over one buck by the end of the year, and assuming we do get there say at the end of quarter 3 do you see as R/S before the end of the year? If so in what ratio?
I think we will see it too and I do support it at $1.00
By the way I added over 450K shares between 11 and 17 cents and I will continue to purchase more, at least 250K more maybe as early as tomorrow if the stock dips a little as it normally does on profit taking. My plan is to hold on to every share for a minimum of 60 months.
Johnny,
Yes, widespread, you betcha! I don't post much because I am a rather shy person and not quite up to speed with many who share their opinions and information here, but I think I know a good thing when I see it. I am holding long 255K shares at .32 avg. so I am a happy camper. It is all inside my IRA and I have no plans to sell for sometime to come barring any negative developments. I am learning a great deal in here and that can sometimes be a little tough on an old grandmother! I don't short term trade...way to scary for me, but it sure is nice to see others use their talents to fatten their pockets/purses. I see great things in store for SIRI and I am patient. If I see things turning sour I am not afraid to pull the trigger. Just don't see it happening...clear skies on the horizon.
GLA
LMaze,
There are a couple of threads in which this topic was already discussed.
http://siriusbuzz.com/forum/showthread.php?t=1538
sorry man, completely missed that.
the best post in the thread came after i asked him this:
Quote:
street, just wondering why in the world would any of the shorts wait to cover until now?
wouldn't the best case scenario have been to cover at .05-.10?
did they really think they wouldn't have to cover their positions?
his response:
i know, it's just a guy on a message board. a yahoo message board at that, but he seems pretty spot on and he's been calling it play by play (give or take a couple of cents) for the past couple of weeks.Quote:
Think about this.
Who are the BIG shorts and what is their goal?
As an hypothetical example let's say that I am Ergen. What was my goal? To take control of SIRI, right.
Step 1: Buy up the debt
Step 2: Short the stock (100m shares @ $1)
Step 3: Short the stock some more(100m @.69c)
Step 4: Short the stock some more(100m @ .28c)
Step 5: Force SIRI to turn over control because they can't repay their debts,especially with the stock price @.10c
Step 6: OH CRAP! My plan didn't work. Malone screwed me. At least I made money off the debt purchase.
Step 7: SLOWLY unwind my short positions without running the price up too fast.
Step 8: Count what is left over.
I would not have closed my short positions before SIRI struck a deal with Liberty.
Obviously, there is NO way I can cover 300 million shares @ .05c, especially when the average daily volume is only 60 to 70 million. I would need to cover in increments to keep from sending the share price up too fast. I also realize that others know this and will be bidding up the stock, trying to make me pay.
Most retail shorts probably did cover, but not the strategically placed shorts.
Interesting????
The internet is abound with rumors and this latest one from Blu-ray.com alludes that Sirius XM satellite radio might be exclusively working with Sony to bring the paid service to PSN. According to the insider -- who has allegedly seen business plans of the joint venture -- Sirius XM will be selling monthly, genre-specific subscription packs for $2.49 on the PlayStation Store.
http://cwebnews.com/technology/games..._radio_on.html
Alot of rumours - smoke fire stuff??
Good find RickF,somebody posted a link i think on monday or sunday with the story,looks good if it's true...
Apparently somebody approached siriusXM with a bussiness plan to do it last fall,but was put off till after Financing scare..Some of my facts could be wrong,but that is what i remember.
that was on the yahoo boards the other day. the first link had a disclaimer underneath it saying that the user has since been banned for posting false information.
that new link is just going off of that post.
http://forum.blu-ray.com/showthread.php?t=90999
notice anything strange about that thread??
Thanks JohnnyIrish
I am thinking more and more that all of the stars may be aligning! There are way too many "Rumours" for something NOT to be happening - LOL - but then I am hoping for amazing things to happen - this stock has dragged so many of us through the mud - time to stoke the 4 x 4's up and ROAR through the muck and crap and "pedal to the metal"! what was it that Maverick said in Top Gun - " I feel the need, the need for speed"!! Hope this stock roars up!!!
Heheheeeeeee...I never knew the founder is a tranny!! :rolleyes:
Did you guys see this from Forbes.com>
>>PaidContent.org
Sirius Founder Says Company Won't Be Able To Compete
Rory Maher, 03.16.09, 01:00 PM EDT
Few would argue that Sirius is in good shape—the company has massive debt obligations and is struggling with a drop in new subscribers—but its founder is more pessimistic than most about the company’s future.
In a long interview with Fortune magazine, Martine Rothblatt, who started the company in 1990, said she thinks it won’t be able to compete with online services like internet radio once the latter become available in cars and other devices.
Rothblatt told the magazine “there’s going to be ever more bandwidth available to distribute content totally via terrestrial cellular infrastructure. And that will leave fewer and fewer unique market attributes to satellite radio.”
She believes as cellular networks evolve, there will be more room for streaming services like Pandora Radio or AOL Radio, and that people will be able to hear them, too, on car stereos and cellphones.
Rothblatt (she was a male when she founded Sirius; ‘Martin’ underwent a sex change in 1994) believes satellite radio missed the ideal window of opportunity when drawn-out discussions with the FCC over broadcasting licenses caused the service’s launch to be delayed until 2002—she had anticipated the launch happening in the mid-to-late nineties.
Real-Time Quotes
03/17/2009 4:00PM ET
* SIRI
* $0.34
* 41.67%
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Sirius (nasdaq: SIRI - news - people ) chief executive Mel Karmazin, of course, sees the company’s prospects differently. In the same Fortune story, he says that despite the increased competition from internet radio, Sirius will be fine because it introduces listeners to new music that may not be in their iPod libraries and has exclusive content from sources like Howard Stern and CNN. <<
This is all MSM has left in their aresenal!! Pretty pathetic...
Well.... after a couple of weekend days with the grandkids. I found time to look at the State of the Stock. This current rise doesn't surprise me, but I am pleased.
John (888), I symphathize with you on the 1.77 avg....I'm in at 1.79.
SL62 .....The baggage handlers have inspected the luggage and have thrown all shorts overboard. Quick question....Why do they say set sail for Steamers?
Busy week...Michigan to New York (Grandkids)...Then off to Tennesssee (Bro's 50th B-Day)..
Sl62...BOY oh BOY those cats in steerage are really swinging tonight. Relax the dog killer, These aren't the meow cat types!
Cos, I have a question for you.
I am of the belief that this market rally is not going to sustain itself(my guess is it will turn around slowly when the S&P makes 800). I also believe there will be a retest of the low and probably dip around 625-650 on the S&P. So If this happens my question is. How do you think it will affect SIRI? I have no idea where SIRI will be as this is happening but use say .59 or so. Will SIRI start trading with the market then? or will it still be immune and trade seperately
I used .59 because i think that is going to be the hardest level to crack. It may still be in the .40 range(I hope not)as the market starts to retrace though. At what level do you think it will be affected by the overall market moves?
Baba...
I was just thinking about you on the way home tonight...where is bababooie in our time of glory?? And you check in...definitely need the wail of the proud steamer in plain sight. Good. All shorts overboard. Yes. Correct. No lifeboats, just perservers. Let the real sharks nibble at their waterlogged feet!
My only input on set sail is that it's an encompassing term that carried over when Clippers officially gave way to steamers in the later 1800's (and so on to today). All ships set sail no matter if they have them or not...(if I interpreted your question corectly)...
I brought the SIRI Clipper out of port today since the SP set sail. The dog is loving the salt air!
Be careful on those travels...see you when you get back..:D
John 888's, relmor, cos, sl62..................... we've been fighting this fight .......... along with the Blue Dog , for so long now that............... on this good day I thought you all ought to be reminded of the "good day" on the horizon............. when we will all be made whole. My thinking is..................... that we will meet on that day, and not before............. to celebrate everyone's victory, as true keepers of the Big Blue Dog. I could not celebrate my personal triumph without the entire group's conquest. Without this entire group's encouragement, long hours, dedicated study, and analysis I could never have begun to traverse this maze that we've found ourselves in during this agonizing battle. My comrades.......... you have had the pieces of the map from the start...........and you've been kind enough to let me follow it with you from the beginning. I will be there with you to celebrate............... when you are all there with me. In this long journey........... I have been nothing more ............................. than the keeper of the Big Blue Dog. .. killer and the Dog.