A better question is I wonder how many Sirius subs related to those wrecked cars will be suspended or canceled? This speculation may explain the 3% loss yesterday.Quote:
Originally Posted by midas360
A better question is I wonder how many Sirius subs related to those wrecked cars will be suspended or canceled? This speculation may explain the 3% loss yesterday.Quote:
Originally Posted by midas360
I get to my next question, I mean how do we think about the storm in your businesses, is it material? Where would we see any impact if there is any impact?
James Meyer
"Well, we've done business for a while so we've seen, we've obviously dealt with natural disasters before. When it comes to Miami, super-storm Sandy. Obviously we've never dealt with two, category four within a week which has just been devastating for the country. I think there is no doubt in the short-term, it has some short-term impacts, I think most of them are timing. As an example, and times of critical needs and the zip codes that are being affected by this critical weather, we literally stop a lot of our remarketing and we stop our collection, we just ease off until the crisis passes and so you might see a shift there. And then obviously, I've seen the [indiscernible] for instance in the Texas area for how many cars have destroyed or the very wild, that's a huge number. I suspect we're going to see the same thing in Florida. And so there will be a transition of the fleet that can extend it a little bit, by that I mean there is going to be this immediate upswing in new vehicles, those vehicles are going to go into trials before they are converted back. So face it, you might see a little bit but in my mind it's all timing in the short-term and by the mid-term it will all work its way out."
So looking like a short term dip of the sp. I'm buying more.
in NETE .89 looking for a dollar plus
LQMT open house is just a few weeks away. News should be coming as well. Stay tuned. Looking for .50 then .70 plus.
EDIT: Winner winner lobtah dinner....NETE hit 1.08
Ok ROX closed today at 1.34. It is going to start climbing to 1.50, 1.75 and then 2 plus in the next month or so.
LQMT looking for news on that in the next few weeks. Hopefully the news is a contract/deal with Apple of some sort (Iphone X), if not that is ok. Many different application for LQMT such as electrontics, medical devices, etc. They just completed their new manufacturing facility in Calif so again news should be hitting within the next few weeks to 1.5 months.
PLUG....insider just bought half a million worth of stock. Something should be coming down the pike. 3+
Good luck everybody.
PLUG just hit 2.85
PLUG just went over 3.....called that one a few days ago. Hope ya all caught that winner.
Here is the press release. Yes, I know I'm posting it two weeks late.....but at least I'm posting it.
SiriusXM completes $480 million strategic investment in Pandora
PRNewswire, Sep 22 2017
SiriusXM and Pandora today announced that SiriusXM has completed its $480 million strategic investment announced on June 9, 2017. Under the terms of the agreement, a subsidiary of SiriusXM purchased $172.5 million of Series A preferred stock in Pandora upon execution of the agreement on June 9, 2017 and today purchased an additional $307.5 million of the Series A preferred stock. The Series A preferred stock is convertible into common stock at a purchase price of $10.50 per share. The Series A preferred stock bears a 6% cumulative dividend, payable in cash, accretion of the Series A preferred stock or a combination thereof. The Series A preferred stock represents a stake of 19% of Pandora's currently outstanding common stock. Upon the closing of this second investment, SiriusXM Chairman Gregory B. Maffei, SiriusXM CEO James E. Meyer and SiriusXM Senior Executive Vice President David J. Frear were named to the Pandora Board of Directors. Maffei was also named Chairman of Pandora.
Look for LQMT to run to .50 plus going into open house next tuesday. Good news could take this to 1.00 plus.
Look for ROX run up going into earnings mid nov. Looking for 2.00 plus here...and 4.00 to 6.00 on a buyout.