Good one Relmor.
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If one was following the stock, no names mentioned, they MAY have noticed that Sirius hasnt responded to huge up days since premerger. Why? Still a spec play. When the market goes up, the big movers move first, then the stragglers. Spec stocks will not lead the market up. They will lead the market DOWN however!!!:D:p
Yup. True. If we get over a buck, we become less of a spec stock. And that goes hand in hand with attaining solid financials. Even with huge debt, that can be achieved, as long as they reduce cost significantly and can start adding subs anyway possible. That's a growth and road to profit story that will move this stock UP. But, no easy task and it's up to SXM mgmt to execute. Let's hope they do!
well it looks like for today at least the anaylsts did their job and scared enough buyers off to keep it flat.
Yeah,lets see if they get that 500k order at .35 through,it sitting there all day.
yeah, but it may get crazy within the last 10 minutes again...
Twitter, Facebook, and last.fm coming to xbox live. Still no Sirius XM :mad:
http://www.techcrunch.com/2009/06/01...-live-twitter/
come on SIRI, hold in the Green baby. 7 minutes to go. Of course after hours, but you get the picture.
that was a bs close, i still think we will be up overall this week.
whooopppeee we closed up .0005 at .35 with half vol of friday at 30mil shares traded.......stubborn sellers tho,didn't get big sell or buy order through at 700k sell and 650k buy at 4pm..left holding the bag,probably go through AH
.35 range seems to be no mans land gotta take it up or down to attract buyers. right now its just mm's accumulating i think.
so thats what bing is....there microsoft goes again, following the technology...
Quote:
http://www.thestreet.com/story/10507...e-bing-it.html
Bing.com went live Monday, and early impressions aren't entirely unfavorable. The service offers several options beyond Google's (GOOG Quote) simple list of search hits. "Boy, it's not Google," seems to be the inspiration for the Bing name. Microsoft hopes it's enough like Google, however, to attract some of its big rivals hefty search traffic. Bing follows Microsoft's MSNSearch and more recently Live as the latest effort by the software shop to loosen Google's firm grip on the Internet search market.
well cramer just bashed siri, there u have it, a coordinated attack on siri's pps. aint that nice. marketwatch, thestreet, cnbc. whos next?
Pre Iphone app bashing, to get you out of shares. Im looking to buy anytime Cramer says sell. IF hes buying SiriusXM, Im selling. Unless he actually names a target price, and GS is sitting on that bid, then I might go long with Cramer for a bit. Short term this will hurt the price, PROBABLY. Who knows. Medium term not going to matter.
They are so predictable, still surprised it works. And it works everytime. Probably could have seen .38 today.
what exactly did Cramer say and when did he say it? Not a huge hit in AH to the SP so who knows... seems like what he says happens for a a brief instant then reverses... so one quick buying opportunity is the way i'm sure we should look at this crap. But what and when did he say it? Thanks
watch cnbc tonight at 11 est, its supposed to be at the beg of the show, he says siri shouldnt be a stock or something like that.
I like the way this guy thinks, although I don't understand his logic shorting 50% of his position and long 50% of his position! Although I think it is a bit far fetched...
*SIRI projected @ $1.+ next month.*
Siri xm stock is projected to exceed $1.+ per share next month,
The apple launch and following smart phone app’s shall contribute to growth but there is alot more factors.
John Malone & company and by that I mean the man, his capital and the resources he has allocated to make this company work are first on the list.
Second is the fact that even with the major auto decline Siri xm had a positive 1 qtr and with restructuring efforts efficiency & cost effective measures are being implemented daily.
Revenue from the used auto market is being actively targeted by this company and soon there will be a free version of satelite radio with advertising revenue being generated. Local advertising on the music channels on direct tv & dish networks have potential also.
2 qtr is the end of june and siri will be be going stong, the additional 1 billion is common stock is enought to pay off this companies debt when the stock price reaches $3. per share.
The bottomline is Siri xm is here to stay and shall become profitable
within the next 24 months.The are many things happening within this company at the momment but the details are yet to be released,But at the end of the day “Action not words produces results”.
Siri is the stock to buy while you still can because $10.+ in 2011 is the internal focus for the company and once the merger & financing debt is gone there shall be no major obstacles to overcome!
For the record I am in @ 6.5 mil shares of common and shall acquire an additional 3.5 mil throughout next week. Allocation is 50% long and 50% short.
*disclaimer: if you are not a current shareholder or are a disgruntled former shareholder who was day trading or just someone who likes to give his opinion where it doesnt belong between watching porn and living in moms basement : NO ONE CARES SO SAVE THE B.S….
Cordially,
chairman-ceo