Well it's another week gone by and we are still stuck around .40 SP..
Vol. has been low and games have been played with buyers getting in cheap.
Poison pills,another 1 billion shares wanted by company and auto's going BK.
Post away...
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Well it's another week gone by and we are still stuck around .40 SP..
Vol. has been low and games have been played with buyers getting in cheap.
Poison pills,another 1 billion shares wanted by company and auto's going BK.
Post away...
...yawn...
yup, nothing happening.....till next Thursday. Let's hope for some good news and a Q1 release that meets or beats estimates.
BTW.... I love the intra day threads....keeps a daily focus
Stuck at .40 again. This is really getting to be a familiar number. Don't expect to much from quarterly report either. Probably less subscribers and sales as well. Warren Buffet said that this stock has a 30 dollar potential. I hope I am still around to see that.
When did Warren say that........ let me guess September 15, 2000 when the price was 52.62
xm canada launched weather services yesterday..hope it helps with the bottom line .
Wouldn't it be something if an acutal profit was claimed on Thursday? Even something as little like $2,000 for the whole company. :D
Someone made a comment about sp hitting 2, 7, 9 when the company finally is turning a profit. I think by the time Sirius is making profit the sp will be WAY more than that. If you wanted in on the money the sp would show that well before the fact. just my .02.
Now I'll ask will it ever get to its all time high? I ask because I don't know the circumstances that existed then.
I use xm weather on my boat (in FL). It is an awesome service. Very sophisticated and easy to use. A lifesaver for anyone who ventures out to sea. It is by far, the best weather service available. Integrates on chartplotter so you can see weather graphically overlayed on your charts. Very cool product.
heres what buffet said back in 1992.
Quote:
It’s not that financial wizard Warren Buffett said that newspapers and broadcasters would run into trouble – it’s when he said it. He wrote it in a letter to shareholders of Berkshire Hathaway way back in 1992. His views were based on the difference between a franchise and a business.
Jack Shafer unearthed the comments in a recent article for internet magazine Slate.
Buffett said that to qualify as a franchise a business must be blessed with three things: something desired; something with no close substitute, and the absence of pricing regulation. The presence of the first two coupled with the absence of the third means the corporation will be able to set its price and customers will pay it.
i only caught the tail of the radio show last night...anything interesting in the first half hour?
this really sucks ass...how about anyone think we are going to fill the gap at i think down around .15 after the cc?
hey relmor ive been away for a week, just saw you became a celeb...GRATZ!!! lol
Gallep,we already posted a profit in 4Q(first time ever),it was like 19k i think in FCF(free cash flow) and gross profit EBITDA(Earnings Before Interset Taxes Depreciation Adjustment) so i am fully expecting at least that for 1Q and guidance for greater than 300mil EBITDA for 2009 which was called for in Annual CC.with all the early sign ups and online feed money combined with Best of signups we should see in my opinion about 1 mil FCF or better for 1Q.
it could be alot higher,just don't know numbers..
Well f me side ways....
"What you'll never hear discussed is profit. There's a reason why: Sirius XM has never, ever, made it before. Not a single dime. Ever."
I read that from a Fool article a couple days ago, it's only 2 days old...
http://www.fool.com/investing/genera...rstanding.aspx
Buffett said that to qualify as a franchise a business must be blessed with three things: something desired; something with no close substitute, and the absence of pricing regulation. The presence of the first two coupled with the absence of the third means the corporation will be able to set its price and customers will pay it. Quote
Tim good quote,it is the reason i bought into SiriusXM after merger and any company for that matter..I take that quote as the gospel for finding Value companies in this crazy market..Monopolies in a subscription based bussiness model are like the utilities were before deregulation.You need it and you'll pay for it,especially after FM radio goes by the wayside like AM radio for Music.