It's 8.05am EST... I am logged on and registered... hear static...???
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It's 8.05am EST... I am logged on and registered... hear static...???
static only, there we go
Had the same problem. Working now, about 5 minutes into the broadcat.
Did you guys hear what I think I just did? They're not going to offer guidance numbers for suscribers, or am I just hearing things?
look at pre market nice .17+
praying for the short squeeze....terestrial radio is dying tell'em Mel. Time to buy with both hands.
Im back to full position.
I heard what I needed to hear.
I would buy here.
DYODD.
Invest at your own risk.
Morning Relmor...is it me or is Mel making jokes and has an upbeat tone?
Its in the Q & A session at this point..... Mel is up beat and commits to FCF in 2009, he doesn't want to get into the specifics of the Liberty deal and is just referring analysts back to the 10K..... Says most new subscribers, mostly XM subs, are looking for the Best of more expensive subscriptions..., working on getting baseball for Sirius subs, but not a done deal yet..... Banks, analyst, is trying to pin down numbers, metrics, and Mel says cannot give info on metrics because environment is so difficult and he doesn't want to over promise and then have the Street kill the SP because of under delivering (paraphrasing here)
20k not sold yesterday thanks to MM wall of bullshit at .159. Thank you kindly. I hope the flood gates open at 9:30 and the MM can't keep us down.
Any thoughts O b one?
Mel is responding to opportunities between SXM and DTV and Liberty with some cross pollination of subs with attractive entry packages for the DTV and Liberty sub base to sat rad... says they are working on that presently and will take advantage of all opportunities....
got to go guys..... looks good with no downside surprises at this time..... good luck with all of your trades ....
Coss.....over the past month or so I have been trading this sucker and averaging down. I have 50k at .138. I have recovered a good chunk thanks to some of your advise. Thank you, truly. The one penny trick on 10k has paid well. Preach on.
Disappointed in the no guidance. Have some balls. Take a stand. They are sticking to the over $300 mill in EBITA.. so they must have some kind of numbers they can give out.
I think giving guidance would have tanked the call. But it might tank on the media coverage of no guidance other than EBITA(although that is the most important guidance to give) too. Well see. Very unconfident 3/4 position holding. Average buy today was .17 cents, and not feeling great about it. Sold some back out and bought. Sold some after no guidance and dodging questions about growth.
This is why I like to read the CC instead of listening to it. Did I hear them say that the MLB escrow will be used for 2009 and 2010 and money does not have to be put back in to it.
They are not sticking to $300 million EBITDA, they siad they would EXCEED $300 million EBITDA, which is an improvement in forecast (which Mel stressed). That is definately a positive in book.
relmar, that I heard but I also heard that they dont have to put anymore money into escrow. The escrow 120 million was supposed to cover 2011 and2012. So what I am saying is did they just get away with being able to use the escrow (that was for 2011 and 2012) for 2009 and 2010.