Tripp will have to rent out that crystal ball, if that happens.
1-800 TrippsBall for reservations :D
Julie
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Hey guys (and Julie) my order for for 1 mil shares at $0.01 just went through!!
naaaah, just kiddin . .
somebody should call-up Blaylock (hint-hint Relmor) and yank him around a little; would love to hear is rationaliztion of that alleged $0.01 trade based on his "30 years experience in the business" or whatever that tired-out line is that he regurgitates call-after-call . . .
http://www.thestreet.com/story/10526...w-friends.html
a suprisingly upbeat article from thestreet
.45 high .43 close thr .49 close fri
short interest changes...sirius top 5 decreases. not sure if anyone posted this yet
http://www.reuters.com/article/marke...30600820090624
I was watching level 2 today a lot. Didnt seem like a lot of retailers were unloading this time at .40. I saw a few MM's seem perfectly content grabbing shares at .40, when if they had all agreed to lower there bid to the lowest NASDAQ or ARCA bid, they could have. Usually let nasdaq buy when its going lower, allowing them to jump and and grab shares being sold to them by a certain few mm's who play the stock daily. I was encourgaed that there was no mid day retrace. Seems to be a different pattern. Going to be hard to trade this stock for a while, IMO. I think down spikes off no news might be off the table for a while. Im hoping for a close tomorrow over .40. Id like to see some heavy volume buying over the .40 cent line. I saw a lot of dumping and buying at the end of day, but definately more buying. Smaller chucks were selling, larger chucks were on the buy side. Of course be careful, I still see .36 possible on any given day. And we all know that SiriusXM management seems to hate when the stock price goes up, so watch the news wire closely. If the notes come under 10% dont even think, just buy(IMVHO, DYODD), at least for a quick look see. If it comes in under 13%, thats still a 2% savings, and an extention to pay. Keeps COH solid for at least one more year. These notes were graded, so a buyer must be close.
Investment grade B bonds are not junk bonds, like that hack reported today, and that "rumored" rate is a bit high for a B graded bond, even in this inflationary environment. If you could have 8% return for the next 4 years in this market, with the dollar tanking, and the market unknown, i think people would take it, especially making it senior secured, and investors see so many new revenue streams being added. Id still be happy with 10 percent. Makes the Malone deal a little better, and the SP should reflect that debt interest relief. The street has to price in that that deal, the Malone deal was going to play out, they arent assuming anyone can get refi's or issue bonds anymore. Its a suprise to me, to be honest, there being graded B is a surprise too, and I think has alot to do with why the price is holding gains the last few days.
The Sirius XM iPhone app just dropped from #2 to #3 on the free app list. Is this a sign? Was its time at the top this short lived?
I hope it jumps back up but, this is the exact reason I wasn't crowing about it's position on the day of its launch.
I also still can not get anyone to comment about what 500k downloads means as far as new subscribers or upgraders. The will not comment on a conversion rate instead they will only talk about the total downloads, probably because that number is the better news for them?
charles, this is where sirius' transparency policy doesnt help S/H yet again, we prolly wont find out about the conversions till EOQ's. and imo Q2 will not be a a good read because the release/conversion time is too close to end of current Q....
i personally upgraded to get the internet stream. so thats at least 1!!!!!!
i would love for them to release some positive conversion #'s during a Q. but thats just me , im only a stockholder, nothing more.
http://caps.fool.com/Blogs/ViewPost....13792400551525
However I do not know who this guy is!
that was a very nice looking chart today, steady climb all day..and through AH
the most interesting thing about the sirxm app moving down to #3 wasnt the sirxm app move but the pdra apps movement. the day after the sirxm app was released the pdra app was at 25. then after all the griping it moved up to #9. i guess it got attn from all its mentions from the sirixm complaints. but then stedily started back down. its back down to 13 now.
[QUOTE=JohnnyIrishXM;38186]Good Morning everyone and Tripp,as much as i would love to stay in Tuesday land ,for it was mine and Julie's birthday,but today is wednesday..:D
As for my prediction up .02 every day from now on is fine with me!!!:cool:
Good prediction Johnny. :cool: We made that. If you're right, and we
know you are, .54 by next Friday July 3rd. Wouldn't that be great!
Julie
Charles,your such a wonk somtimes,already said that 90% of initial downloads are probably SXM subs who have I-phone and will sign up for $2.99 premium.
As far as brand new $13 subs,if we get a 10% take rate i would be exstatic.
If you are downloading this APP ,it is already 90% sold in my opinion....
[QUOTE=julietoo;38345]Good Evening Julie,not always right,nobody is,but definitely more than john today,as the great homer confirmed it...Take that with your coffee tomorrow morning John...just read and posted to you on yesterdays thread about the Sats...
Yes Julie we are heading into new territory here,slow steady growth in SP..
Golf was great today and a little buzzed from the 19th hole...
How was your day?
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LOL Johnny. Charles a "wonk". He has beat this "app" theme to death. I mean it fell from 2 to 3.............................. I figured if it was number 20 then that would be a failure. But heh he travels in high tech circles and expects a lot from the tech side. Me, I'm just glad we seem to have found some mojo for now. To Sirius Stock.
[QUOTE=JohnnyIrishXM;38347]Good day. I had to work and of course the battle of the thermostat
commenced. I, along with several others was hot. After all it was
95 outside. :rolleyes: And the other half stood shivering. Just because
we dialed it down to 55. :D So a lot of pushing and shoving started
as we all tried to adjust it. It wasn't pretty. Our team won. :p
Julie