Sirius XM August - December 2016 *** Election Year ***

I just returned TO FLORIDA's Caucasian beaches from a cruise to Alaska. Once I get my 500+ pics sorted out, I'll select the one which best represents the beauty............. not sure if it will be a shot of one of the Glaciers we saw, an ice burg floating by with a half dozen seals aboard, or maybe a fog shrouded shadow of the remains of a steel RR bridge at 2800' recognized as an engineering wonder, built in 1888 across a gorge in the mountains as part of the effort to open the way for the gold rush..

It's probably too late to book this trip this year (season closes in late September), but I highly recommend you give it a thought for your future destination... Seattle to Juneau, Skagway, then down to Victoria B. C. via a field of ice bergs before returning to Seattle. Great trip aboard Royal Caribbean's Explorer of the Seas...... Or for those with more time on your hands, you may be able to grab a ride on this same ship as it dows its annual reposition cruise to Austrailia. That's 25 days with stops in Hawaii, Fiji, New Calidonia, and one other prot which escapes me.

Okay, enough of that relaxing talk........now back to reality and anxiety of the real world.

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Originally Posted by midas360

Never looked at it that way. My apologies. The caucasian beaches were NOICE!! :)

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Still Keeping an Eye On DM's SAEX.

Attachment 1685

Just like PHOT which you recommended back in 2014 @ $.43 now at a microscopic .009 (yup... that's less than a penny). SAEX is a great way to go broke slowly or not so slow if you bot when DM recommended it at $17.12.

DM needs a SAEX change operation. HAHAHA :thumbup:

Si, Alaska is a natural beauty man. I was fortunate enough to be able to call Eagle River, AK my home while serving this great country while enlisted in the USAF. Was there 5 wonderful years man...cant wait to see your pictures. :thumbsup:

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Originally Posted by midas360

[CENTER][B][SIZE=3]Still Keeping an Eye On DM's SAEX.

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It was a day trade/swing trade in which many made money on it, Sorry you missed it....no need to keep your eye on it long term rookie (although you can still make $ on it daytrading it, it has wild swings man unlike your T stock) Zzzzzzzzzzzzz. Jesus my little sausage, you really are an idiot.

Speaking of certain stocks my little sausage...how about that stock SFXE you were pushing here like a year ago when it was at a $1.00...How did that junk penny stock work out for ya? Hmmmm oh yeah thats right...it went BANKRUPT! Your 3 members must really love you!! ;) LMFAO :)

It worked out great because I've never traded or invested in that stock SFXE. You must have me confused with Faulkner which may explain his disappearance from the forum. :)

Attachment 1686

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Originally Posted by midas360

It worked out great because I've never traded or invested in that stock SFXE. You must have me confused with Faulkner which may explain his disappearance from the forum. :)

Attachment 1686

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Of course you didn't :rolleyes:

Of course I didn't but we know you recommended SAEX, GEVO, and PHOT. Now look at them. :thumbup:

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Originally Posted by dm_4

Of course you didn't :rolleyes:

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Now you will claim you were some train engineer too. :thumbup:

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Originally Posted by dm_4

Si, Alaska is a natural beauty man. I was fortunate enough to be able to call Eagle River, AK my home while serving this great country while enlisted in the USAF. Was there 5 wonderful years man...cant wait to see your pictures. :thumbsup:

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Originally Posted by midas360

Now you will claim you were some train engineer too. :thumbup:

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How is my little sausage dough boy doing today? ;)

Doing grrrrreat while watching your SAEX and GEVO recommendations tank. You?

Attachment 1687

Did not expect to see this

http://finance.yahoo.com/news/sirius...180000246.html

Good find Raptor. Thanks!

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Originally Posted by Raptor

Did not expect to see this

http://finance.yahoo.com/news/sirius...180000246.html

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Quote:

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Originally Posted by Raptor

Did not expect to see this

http://finance.yahoo.com/news/sirius...180000246.html

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Nice find Raptor. I guess they figure that (1) they can spend the cash they have on hand which is prolly earning next to nuthin and save paying almost 6% and/or(2) they can pay this off and borrow the same amount for at 1/2 that interest rate.

Either way it's a good thing.

not until October 1 or the first day of the 4th quarter and not doing anything for the 3rd quarter - does that mean anything or am I just reading something into it that is not there?

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Originally Posted by J56D

not until October 1 or the first day of the 4th quarter and not doing anything for the 3rd quarter - does that mean anything or am I just reading something into it that is not there?

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Not completely 100% sure J56D, but I think that moneys earmarked for that redemption are sort of treated like declared dividends...it doesn't matter when the dividends are actually paid out, the value is removed from the market cap on the ex-div date. So from that perspective I don't think the actual date of the redemption is material....I could be wrong but that's how I understood it to work.

Edit: Also not sure that it really matters from a balance sheet perspective just a cash flow perspective. They are taking $$$ from cash on hand as well as from their revolving credit line (one would think at an interest rate that is less than the 5.875% they are paying on the notes being redeemed). So it's like if I paid off high interest credit card with mostly savings and transferred a small balance to another credit card with a lower rate. my net worth doesn't change but my cash flow does because I don't have to pay that high interest credit card payment every month.

Sorry, do not know how to link material. However, Jim Cramer on Mad Money tonight highly supports and gives reasons for Apple to purchase SiriusXm. Please go to CNBC website and listen.

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Originally Posted by Garcar

Sorry, do not know how to link material. However, Jim Cramer on Mad Money tonight highly supports and gives reasons for Apple to purchase SiriusXm. Please go to CNBC website and listen.

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Here you go Garcar: http://www.cnbc.com/2016/08/25/crame...-it-again.html

Calls SIRI "under-appreciated"

I remember when he called it a "lottery ticket"

How times change.

I don't think this is new for Cramer to say this. I think he was beating a similar drum back in 2011 or 2014. It was fun to watch.

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Originally Posted by user34615145

Here you go Garcar: http://www.cnbc.com/2016/08/25/crame...-it-again.html

Calls SIRI "under-appreciated"

I remember when he called it a "lottery ticket"

How times change.

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Cramer

http://www.cnbc.com/2016/08/25/crame...-it-again.html

Interesting article in this week's Barrons with an interview of BTIG's Rich Greenfield titled "Sell Disney, Buy Viacom and Netflix" I have to hand it to the editors at Barrons; With a title like that I gotta take a read. Some excerpts:

"Look, 50% of Disney’s operating income comes from cable networks, which are struggling to grow. The film success is unprecedented and hard to continue. Most importantly, Disney’s core is ESPN. As cord-cutting accelerates, ESPN is the most significant loser, having overspent on sports rights when subscribers are declining 2%. As contracts come up for renewal it will be harder to drive rates. Meanwhile, their costs are significant and fixed into the next decade. If they lose subscribers at a 3% or 4% pace they have a real problem. The consensus earnings estimate for FY17, which has come down to $6.10 a share, is still too high. We have a $90 price target, or 15 times our FY17 earnings forecast of $5.90 a share. It’s at $96 now. When it gets to $90, we’ll re-evaluate."

and

"Certainly Netflix didn’t grow this year as robustly as we thought. But they are still adding about four million subscribers this year and next, after adding over five million the last few years, and they were able to raise the price by 25% on half their subscription base. Initially they wanted to be HBO. Now they want to be Comcast, HBO, Showtime, FX, CBS, and ABC. Netflix says “Let’s give you direct access to the content you want without commercials and remove the bundle of channels.” There are 100 million multichannel subscribers in the country. Netflix is at half that today and looking globally. With Netflix there are fits and starts. They will add 15 million globally this year and more than that next year. We have $130 price target with the current price at $97, or 25 times our 2017 enterprise value to Ebitda forecast.

Hmmm. Hard to argue with the facts, but I'm not sure I would necessarily agree with his supposition. What say you Muscle? You were touting DIS as a buy last December ahead of Starwars and a bevy of other movie releases coming out when this guy was saying "sell". Seems like he was the one that got it right then. How about now?