Sold 6000shares @0.54 at 9.35, hope could buy back at 0.40; Firmly long sirius!
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Sold 6000shares @0.54 at 9.35, hope could buy back at 0.40; Firmly long sirius!
did u buy back yet ben? id hurry if i was you.
all my expectations were met except for Revenue.was expecting it to beat street's 647 mil.but not even close..scares me a little,plus only 200k more best of in 1Q was expecting alot more..
I understand your grief your losing boat loads of money...whether it be real or fake or skeeball tokens...they continue to take your money and your OK with it. Weird strategy. Good luck today god knows the koolaid drinkers on here need it.
This was due to the liberty deal it includes the preferred shares that Liberty got. So while it is a cost it is A.)a one time cost, and B.) not a real cost to the busness portion of the company. The real cost was 50.4 million, I dont think analyst included the liberty deal in there lost so really SIRIXM beat by a penny. This is why you get such swings in the PPS, articles come out with head lines that say SIRIXM loss widens to .07 cents analyst were expecting .02 cents. It was the same when they took the right down because of the PPS of XMSR when they bought it and what the PPS was valued at in the quarter when they reported. The fact is SIRIXM did not really lose 4 billion in expenses it was really a red hairring
sorrry ben im what u call a forward thinker, i see beyond the here and now.
yeah so why are some people deciding the say siri had a loss 0f 0.07 compared to estimate of 0.02,tyler!!!!
Yeap,every story headline is (.07) loss...
Anyone buying? Wait for the high 30s like I said before, we'll get there before we hit TRIPs .75-.8 mark...thats for sure. Don't trade today....let the smoke clear..let the shorts do their thing...wait for the entire market to cool off...its coming..trust me.
Oh yeah and by the way TRIP is 10c in second VICIOUS enough for you. Clown. Go outside! Or at least shut up...especially if you have nothing to add and your not selling until the unicorn shows up. Later.
Just another SIRI day. I am not bashing. This was supposed to be the big day for SIRI. Too bad because I am Long on SIRI,but this is just crap. Where's Mel?So any other Stocks that are making money,Subs.down....OK,but that was expected. Wat a field day for the shorts....So far anyway.:(
Much of the 7 cent loss is a one time expense. Thus, investors should consider it accordingly. The loss is real in terms of GAAP, and thus it gets reported that way.
What does this mean? It means that those who understand why the loss was at 7 cents will have an advatage, as long as the company continues to improve their trend.
The headlines often create the sentiment, and this is one reason why you see the wild price swings.
You will likely see several articles dealing with the one time cost in the coming days
Thats because the sub loss was not figured in by the analist. Look one only had them lossing 67,000 subs. You lose that many subs (400,000) there is going to be a hit to revenue. Just what for the next quarter to see that increase because as I screwed up in saying 1st quarter, forgetting that the rate increase did not happen till the end of it. I still think it will happen in the 2nd quarter.
oh yeah ben then i will sell the unicorn for a goodprofit too. see you then
Speaking as someone who writes headlines as a big part of his job...the AP's headline writer (and business writer) should both be shot for their story on the conference call.
IMHO.
Haven't you been in this stock for some time. I am sure you have seen how the MM misleads people. My god the AP article does not even mention that the loss from the bussness side was only .01 cent. I guess they felt facts would just confuse people.
u would think were going bk again the way the price is acting.
Yes your right John,just went back and checked,stupid me...
but this CC call IMHO sets sub's and FCF profitable back a couple of Q's,thought guidance would come in 2Q cc.with Auot's doing badly and with the lag in OEM shut downs and promos it won't happen till 4Q year end now.
Which to me puts anything over $1 share price off the table for this year now.