SIRI has crawled it's way back to S1...Quote:
Originally Posted by Demian
I'm maintaining my earlier prediction that SIRI closes green today...
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SIRI has crawled it's way back to S1...Quote:
Originally Posted by Demian
I'm maintaining my earlier prediction that SIRI closes green today...
Wow there is no way anyone is thinking we are gonna be green today.. :out:
everyone relax.. when congress votes on gm bailout and it will pass we will pop back up to .25 level or more ..:thumbup:
we are trading with gm/f so untill we get answers we have the thumb on us..but like cramer say ..goverment is of buy and for the buisness..
I guess I was crazy for thinking SIRI could close green today.....
SIRI closed @ .162 on volume of 65.8 million shares...
There was a final trade that crossed at 16:00:14 for 1,723,861 shares that brought it from .174 to .162.........
The DOW closed down 427
This sucks.......
Check this out:
http://www.cnbc.com/id/27787013/
We will have the bounce, as APEX mentioned, just to go lower. Not only Sirius but the market as a whole.
None of the DOW 30 closed in the green and they are the iconic companies:
http://www.cnbc.com/id/26272770
Unfortunately for me OIL closed below $54.00: http://www.cnbc.com/id/27792201
Here's the analyst predicting the DOW will hit 6400: http://www.cnbc.com/id/27799264
Personally I think we will rebound. There's support @ 8000 points but supports can be broken.
http://www.marketwatch.com/news/stor...61}&dist=msr_1
Good to know traditional radio is even worse off, anyway.
I took a walk through BEST BUY this afternoon.
I was happy with what I saw. Nice display with all products. It's not in front or anything but it's definitely a section devoted to SATRAD.
The displays were all brand new and carried the SIRIUS XM theme.
Something I also noticed were all of the new brochures. They all had the NEW channel line ups. I take that as one small sign that they are carrying out a schedule. They've obviously known for a while what those line ups would be.
Another important point worth noting, the BEST BUY kid knew his shit.. I asked questions as if I didn't know anything and he was on it.
And last, I was surprised to see that EVERY in dash stereo for sale had either a sirius or XM logo on the face......AND,,,,all of the higher end home stereo receivers had those same logo's on their face........
February has always been the time I was looking for. I think the retail number will surprise us in Q4 report, the debt will somehow be cleared up, B of B revenue will be announced for the first time...........and btw, we all say CRAMER was right after all,,,,I specifically remember him saying "wait until February" during the lottery ticket show....was that a hint??
The problem is,,,,,,,,,,,,,,,,,,,will we common folk make it to February......
That is the 16.2 cent question...Quote:
Originally Posted by SD-08
Your Best Buy sounds a lot better than the one I perused last week. Of course that was prior to the new channel lineups. Maybe I'll check in again this week.
buy buy buy buy buy buy buy!!!! wooooooooo huuuuuuuuu !!! the stocks are finally cookies , eat em up everybody ! just like the cookie monster !!!!! ..............or wait for the company to go bankrupt and lose everything. well , i still have my xbox and halo3.
the fed claims this global mess will continue till at least the 3rdq of 09 prior to turning,for America. I suspect they are wrong and they change the forecast shortly.
i just see more pain for the stock holders.Our government knew without doubt this was coming and was driven by oil when oil began its rise and Mr bush then went on record "soft selling," the pain to come for the American economy and people. and we could afford a hundred dollars a barrel oil was a major mistake imho.
they had the available data and all historical insight,which clearly painted a bad picture for the effects on the working class and American economy.They just forgot to tell us honestly of what most likely would develop and how far we were already into the process then. and what further pain to expect.
the only thing which will save Sirius is the relationships made and built by management with banking/street, if they have any real business friends that honestly don't want to snatch the company from out of current managements hands.
I'm sure at least one of the old broadcasters would love to control the system platform for use as a national broadcast system which could include local content when controlled by them.
I would also think car sales in the fourth quarter really plunge.
as more information slowly comes out of Washington and explains its going to be a longer path to correcting the economy more hope is lost, generating more downward pressure.
and Internet radio in the dash is getting closer every day.
I said early in 2004 Sirius and xm should have embraced each other then in all operational areas they could, to share as many cost burdens across the board.then honestly took the battle to old broadcasters.
which i think would have been ok within the framework of the fcc license for satellite radio. as long as they could show it was a benefit to the public and company if any questions surfaced do to the combined efforts.
Nov. 19, 2008 Market Close: $ 0.162
After Hours Trade Reporting
After Hours
Last: $ .17
After Hours
High: $ .18
After Hours
Volume: 968,104
After Hours
Low: $ .16
Pre-Market Trade Reporting
Pre-Market
Last: $ .17
Pre-Market
High: $ .175
Pre-Market
Volume: 62,857
Pre-Market
Low: $ .15
08:29 $ .17 1,350
08:23 $ .17 1,000
08:22 $ .169 9,400
08:19 $ .169 8,300
08:19 $ .169 2,300
08:17 $ .169 100
08:17 $ .169 100
08:11 $ .17 5,875
08:10 $ .17 1,300
08:10 $ .17 500
08:07 $ .17 590
08:07 $ .17 1,910
08:06 $ .17 870
08:06 $ .17 1,190
08:06 $ .17 2,350
08:05 $ .17 1,001
08:05 $ .17 294
08:05 $ .17 590
08:05 $ .17 1,470
08:05 $ .17 4,000
08:05 $ .17 1,500
08:05 $ .17 1,145
08:05 $ .17 665
08:03 $ .174 502
08:03 $ .17 1,539
08:03 $ .17 3,999
08:02 $ .175 1,600
08:00 $ .16 1,000
08:00 $ .15 1,998
08:00 $ .17 335
08:00 $ .17 1,000
08:00 $ .17 625
08:00 $ .17 461
08:00 $ .174 1,998
Futures plunge, -233 below fair value !!!. Record High Jobless claims, above forecast. Siri last premarket trade: below .16 (.158).Quote:
Originally Posted by tim wallick
The FED signals more base rate cuts. It may help but I am worried about next year. They do not have enough meat in the base rate to carry us thru the entire 2009 !!! heck, they will not have enough to carry us thru the end of 2008 !!!
I was going to recommend shorting stocks but that is not for amateurs. You will lose your shirt, your car, your house, your ASS!!! quicker than from owning the stocks, although these days it don't really matter.
I predict Siri will close in the .12-.13 range today.
Look at the my posts on daily trades this week they were all shorts. watch today .. this could be a whip saw day it has that feel to it.. im waiting for direction..siriusopened up .1668 Im betting we have a little rally before selling off at lows by end of day..:annoyed:
It was at .14 last time I checked. I just hope they don't crack before the damn meeting in December. We are going to have to approve both damn measures, the reverse split and the dilution.Quote:
Originally Posted by APEXSPORTS
Some of these stock analysts are definetely lost these days.
Thomson REUTERS had an Outperform or buy rating for Siri since... who know when, last year ???
Then the damn stock tanked and suddenly Monday 11/17/2008 they had an underperform or sell rating !!!
WHY ???? Do we buy high and sell low or what ? F$%$^ idiots...
...And today "EVERYONE", including REUTERS, has a neutral or hold !!!... which honestly, makes more sense but they should have had a SELL rating since last year, change to a HOLD after the merger and change to BUY once it hits 10 cents. Again, F#$%^ stupid morons, they are doing the same they did during the dot com crash, maintaining a BUY rating until the companies declare BK !!!
http://finance.yahoo.com/news/Bipart...-13633769.html
Bipartisan group works to revive auto bailout
Bipartisan group reaches last-ditch compromise for government auto industry aid
Ken Thomas, Associated Press Writer
Thursday November 20, 2008, 12:31 pm EST
WASHINGTON (AP) -- Aides to a bipartisan group of auto-state senators say they have reached a compromise to speed emergency loans to Detroit's Big Three car makers.
Republicans and Democrats plan to present the proposal at a mid-afternoon news conference Thursday. But it was not immediately clear whether the compromise plan could draw enough support to get through a reluctant Senate.
It temporarily would divert to troubled automakers money from a program that currently finances the development of fuel-efficient vehicles. The aim would be to cover their immediate expenses.
Well we got a small bailout that should stop the bleeding for now:thumbup:
but wow what a pop.. from .143 to .158 wow were are you going to spend your money!! :thumbup:
way to go mel make sure you dont talk or speak up about the stock and reasure holders:out:
Don't listen to me because I am not a financial advisor, just throwing this out there...
We only have to refinance 210 million! That is 90 million less than 2 months ago, the refinancing is being done. Mel could pay that off himself or amongst the board.
I haven't read anything has changed that wasn't already forecasted.
The fear of a reverse split is what is going to cause a reverse split (how stupid)
So what the subscriber growth is slowing, look at the econmomy, its still growth!
19 million subscribers, next year profits. :rolleyes:
Again, Im probably a moron here but I say close your eyes and cross you fingers that this is not real.
All these BK rumors I'm hearing are making me angry. They make it sound like BK could happen at any moment - it's total BS. You have got 210 million due in Feb. '09 - they have more than enough cash on hand to pay that off and they are going into what has been the best quarter of the year for them. Q4 will generate positive cash flow - like it has in the past. Then comes the May debt - which will likely be extended or refinanced. They will have cash to deal with that too from the added synergy savings that will continue to accelerate in the next few months. They have got several months and the environment should be friendlier by then.......
A lot of horrible things would have to happen for BK to be an issue......and even if they did, it wouldn't be an issue for several months.