Will the upgrade from the S&P affect the stock price today?
Is it too late to get in premarket to ride the SP up?
Will the SP jump and settle downward alll day, or slowly climb up all day?
Time will tell. Discuss...
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Will the upgrade from the S&P affect the stock price today?
Is it too late to get in premarket to ride the SP up?
Will the SP jump and settle downward alll day, or slowly climb up all day?
Time will tell. Discuss...
I have never been a believer in avatars in the forums... That has now changed. Thank you SiriuslyGay
HAHA! I love it!
;)...........
It will be a Great Day!!!! When we hit .37, we will thank SiriuslyGay!!!!Quote:
Originally Posted by SiriuslyGay
My money is on a small jump to start with a slow decline and/or yo-yo like effect today. Nothing to see here people. Move along. Follow the detour to Q1 announcements which will bring you back to the highway and then you will be back on your way to greener pastures. Tune into SiriusXM traffic channels for further updates.
Good morning everyone,hope all are well and ready for another flat day,maybe not...!!!
That S&P upgrade was annonced back after the annual report came out in March afraid to say..don't know why it says yesterday,I remember talking about it then and saying we would get a bump then...Looks like Mel and the boys are going to make us wait the full 45 days till 1Q report again,but i guess that is so they can get some better guidance numbers to give for rest of year...
P.S. love the Newman avatar...
Quote:
Originally Posted by trippingthespeculatingpos
Taken from Brandon's latest article
"Not only did S&P raise Sirius XM's corporate credit rating from CCC to CCC+, it did so while simultaneously removing all Sirius XM debt from credit watch negative. The only piece of credit that was not affected by these rating upgrades were Sirius XM's senior unsecured notes, which remain at CCC-."
So my question is why did they leave it at ccc-? can any1 shed some light as to why they would not upgrade the Sirius XM senior unsecured notes as well?
These S&P upgrades are confusing as hell.
The simple answer is one word Tripp,UNSECURED,which means that with Liberty involved and debt still an issue for 2011 if companies profit forcast doesn't pan out,all secured debt will be paid off in case of BK.
But common stock and unsecured debt probably won't be..Hence the unsecured bonds are trading low and of course we all know about SP...This is why i think 2Qreport will be most important one for siriusXM,as they should have a good picture of synergies and auto market by august2009 and be able to give good guidance for rest of 2009 and beyond..this is when SP will move, after 2Q report IMHO..
__________________
No article in the news section regarding the upgrade? This site is getting weaker every day.
Sirius XM Making A play For Worldspace India
Wednesday, April 15, 2009 at 4:19AM Brandon Matthews
In what looks to be the beginning of a long term project, Televisionpoint.com, India's number one trade website in the domain of television, media, marketing and advertising is reporting that Sirius XM has expressed an interest in making a play for WorldSpace's operation in India.
Already, US-based Sirius XM Radio, the largest satellite radio player internationally, has evinced keen interest in making a foray into Indian satellite radio market. Sirius that has operations in North America, Canada and Alaska had acquired XM in July 2008.
The satellite radio networks will allow subscribers access to programmes relayed worldwide via fixed, portable or vehicular radio sets. Opening up satellite radio to new domestic and foreign players will widen choice of programmes already the subscribers have through AM & FM radio broadcast of All India Radio (AIR).
India's I & B Ministry granted WorldSpace India 3 years rather than the 5 years it had sought to implement licensing changes.
Link?.....
Quote:
Originally Posted by SiriusXMInvestor
With the population in India, there is huge potential there if this comes to fruition... I certainly hope it does.
How is it that news regarding Sirius that has already been made can get re-released at a later date whether or not it is still relevant? Like on the google SIRI page, news will pop up that is negative, but was from a few weeks previous and that negative issue was already resolved. I have seen it a few times... Who is in charge of putting that stuff up there?
Glad to see we are up to .389 in pre-market right now, but it's total bullshit...
It's frustrating to watch the 1 and 2 cent up and down all day. :( IQuote:
Originally Posted by Sirius_Stern_Fan
wish I had the willpower to stay away until the Q1 announcements, it
would be a lot less painful. When was the Q1 announcement last year?
Has it been determined when that will be this year?
Julie
So what do we think boys? .398 high in pre-market a good sign for the day? Or a sign of things to come pending positive news from Q1?
http://www.televisionpoint.com/news2...?id=1239797056Quote:
Originally Posted by Lithium24
or Brandon's take is here.....
http://www.satwaves.com/
Yeah, its gonna be a slow ride back to a buck.
I was really hoping we could linger around .35 for a while so I can buy more at this price. Glad to see were movin again, but sorry to see a discounted opportunity move on, as well. Wife only lets me spend so much every week.
DogStar
lookin' good
[QUOTE=JohnnyIrishXM;29036]Good morning everyone,hope all are well and ready for another flat day,maybe not...!!!
That S&P upgrade was annonced back after the annual report came out in March afraid to say..don't know why it says yesterday,I remember talking about it then QUOTE]
isn't this a new upgrade? i think its the second one...