Cos.......... shoulder to shoulder........................................
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Cos.......... shoulder to shoulder........................................
A positive spin from Reuters!
UPDATE 1-Sirius Q4 revenue rose; subscribers rise at year-end
http://www.reuters.com/article/rbssB...54581520090311
Radio Business Report (NAB) seems afraid of the Liberty partnership...interesting read..they mention that the subscribers can double if we go after the unused installed radios
http://www.rbr.com/radio/13344.html
Strongest quarter, not a good sign for Q1. Car sales got even worse. If they lost retail subs in q4, we have to assume they lost them q1 too. No new revenue streams other than a trick to get cash now, hurting their ARPU later. Internet cancellations arent known yet, nor how many locked in the free rate. Too late for Iphone app to matter in q1, and no sign of it, so q2 could be lost as well. No DirectTV deals, or new ideas for q1 at all. There balance sheet improved I suppose. But their demand for the product took a hit, which is ultimately all that matters in the end. Can they get it back with new radios? Since I have no plans for how they will generate new subs, I am negative short term, at least until the cc. Looking to rebuy soon, lower. If im wrong, I still have a 60% position, which is large enough for me to not be angry if it jumps still. But i dont think it is, at least not until the cc, and Mel's cc have been disasters lately. But that might change, and I think it will. So, i would hope new ideas are discussed to generate some kind of buzz. I am in a neutral position right now. Not getting stuck with this thing trading between .12 and .14 again. Not at a full position anyway.
So I got the news late and didn't sell any of my shares. Am thinking the lack of sleep is making me see that the after hour price rose .09 to .24??? Could that be? I guess this stock has a game of its own, or my eyes are playing a trick on me....This has been a Roller coaster ride for me that I don't have the patience for anymore! The funny thing is I fainted when I tried to ride one of those when I first moved to the USA! lol, not sure what to do tomorrow sell or hold, maybe I will do half and let the other half ride along.
Hi, gina don't pay attention to that 100 shares @ .24
Afterhours last trade was .157
Have to see what pre-market does.
Remember conference call is tomorrow right when pre market starts (0800EST)
What ever it is going to do between now and 1st Qtr 2009 report will begin during that CC
Thanks Mogami! I thought it wasn't for real! In a way I really don't seem to want to let go of this stock! Deep down I know it will turn around! I have been in it since August and am willing to make it a year, or maybe more with less shares, but oh well we have to wait and see. I will keep an eye on it it is only 4 AM here so am gona make me lots of coffee!
:drummer:SIRI is on the CNBC ticker
yeah this pig is growiing wings.
http://www.thestreet.com/story/10470...cm_ven=GOOGLEN
Sirius XM Narrows Loss, Gains Subscribers
wow i cant believe the street is even righting a fair article.