I was hoping to get a laugh out of someone!Quote:
Originally Posted by Limit5Bass
Printable View
I was hoping to get a laugh out of someone!Quote:
Originally Posted by Limit5Bass
Because no one is shooting roids :yesnod:Quote:
Originally Posted by siriusly_invested
so what exactly are holders of LMCA getting in the dividend on Friday?
no dividend just current LMCA is going to be split into new LMCA and STARZ. 1 share of old LMCA will be equal to 1 share of new LMCA plus 1 STARZ. Nothing gained, nothing lost. New LMCA will drop in value the price of STARZ
Quote:
Originally Posted by ralphy1
I think... LOL
not much of a dividend then, sounds like a break even
I doubt very much the when adding the two sets of shares together will compare equally with the old one share. Not to mention the damn confusion of the trading symbols for the next week or so. I'm sure some average Joe investor is going to mistakenly trade the wrong one after the split. I will not be trading until I can figure out the business plan of Starz as they just lost Disney and seem to be a pure Premium Cable Channel play; if I'm correct I'll sell. I'm cutting the cord when my contract is up this spring. I know many family members in their 40's that have already. I know of no person in their 20's that'll pay for television. They all just go over to a older relatives house or bar to watch the sports game on ESPN. Bar owners have to love this.
a dividend is always a break even. when SIRI paid you the 5 cent dividend the stock price was adjusted down by 5 cents - just like it is for every company that pays a dividend. Where do you think the money comes from to pay the dividend?
Revenue guidance was a little bit light, but then again the new GM deal hurts the revenue line to the tune of $50 million in Q4. Sirius XM used to realize about $200 million a year in revenue from GM.
The sub guidance is light as well. The GM deal does throw a wrinkle in here as well, but I was anticipating guidance of at least 1.6 million after the fiasco of the 1.3 million initial guidance the company started off 2012 with. Conservative guidance to beat by 20% is one thing. Beating conservative guidance by 50% is another.
From a valuation standpoint SIRI is in a sweet spot. It could reach up to $3.25, but they need to be hitting positives in the news. It looks like it was important for the company to offset the bad of sub guidance and revenue guidance with the positive of the 2 million. That is unfortunate.
I established a $3.85 price target with a possible run or spike to over $4.00. Stay tuned
LMCA splitting off Starz is very different than a dividend.
Now investors can price LMCA without Starz and they can price Starz as a standalone company.
For the life of me I'm trying to figure out the business model of a standalone premium channel on pay television. Pay television is slowing losing subscribers. Maybe their is allot more to Starz than just it's premium channels.
Thanks for the link SI! Some really good common sense for us really common shareholders :money:
Quote:
Originally Posted by siriusly_invested
Sold the news today after seeing the moving averages wiped out in one 8mil trade. Looking to get back from 2.95 to 3.01. With rsi over 70 on top of "sell the news" I figure protecting now was a good idea. Big resistance formed at 3.15 for the third time which made me jump.
Wanted 3.25 today, maybe tomorrow it peaks on one last move before heading to the middle bollinger which seems miles away. We shall see!
A new 4 year high close yesterday and a new intraday high today felt similar to the move from 2.97 to 2.70 after multiple breaks of highs.
Sure am interested at what point in the coming weeks the buybacks start and how liberty will or not participate
Yes I love that too, but for simplicity I prefer their command center 2.0Quote:
Originally Posted by blackops
I know we have discussed this in a number of threads, PM's, and emails but, I'd like to consolidate everyones thoughts on keeping this section of the website public or taking it private so, I started a thread here; http://siriusbuzz.com/forum/showthre...vate-or-Public
Your opinions are respected and greatly appreciated, I wouldn't make an important decision like this without them.
Way to go IM.....you are right about the 3.15 ceiling it is pretty tough. I thought we were going to close higher today. I got greedy this morning and set some orders up to sell at 3.19 and 3.25. Then I was going to buy back lower on the close. So much for that!!Quote:
Originally Posted by imromo24
Liberty officially gets the 1 Billion in the vivendi lawsuit. that's a nice add to their coffers
http://www.bloomberg.com/news/2013-0...tml?cmpid=yhoo
Well, none of my sells got filled today:gun: Was thinkin about selling some in AH, but been hanging out with son instead, that's worth alot more than SIRI. Guess I'm gonna hang out long for a minute, I ain't scared!!!:popcorn:
Money comes from the company. Where do you think it comes from?Quote:
Originally Posted by lbowa
Quote:
Originally Posted by Redcloud
Family number 1,2, and 3. Your priorities are sound, and SIRI clearly going to be strong long.