Good Morning All,
Next week, Christmas! :santa: I am sure this is
exactly what you wanted to hear this Monday morning.
Have a wonderful week everybody. :santawave:
I'll be sure and tell Mel what we think about the stock price. :D
Julie
Printable View
Good Morning All,
Next week, Christmas! :santa: I am sure this is
exactly what you wanted to hear this Monday morning.
Have a wonderful week everybody. :santawave:
I'll be sure and tell Mel what we think about the stock price. :D
Julie
Good Morning Julie,
Thank you for starting the weekly thread! Well we are green this morning by .003 :rolleyes:.
Wow - almost a whole day trading between 60 and 62 and no posts. It's as if SIRI is boring LOL.
[QUOTE. Mel starts his 3 martini-lunch around 10:30 A.M.
==================================================
I'm sure the answer will be "I didn't see your Post in time".
However, I am seconding the motion.:thumbsup:
Enjoy!!!!!!!!!!!
Plan, Pricing Flexibility Could Boost Sirius XM's Business
By Rafi Mohammed
Published: December 17, 2009
It takes a significant amount of investment -- financial as well as hard work -- to bring a new product to market.
But no matter what product or service you provide, there usually is an opportunity to generate significant profit and growth by offering a new pricing plan.
Consider the opportunities available to satellite radio provider Sirius XM Radio.
A key strategy Sirius XM is pursuing to gain new subscribers is to get its radios factory-installed in as many vehicles as possible. The hope is to offer new car owners a few months of free service to hook them, and then charge a monthly fee for unlimited service.
A key barrier to converting trial users to paid subscribers is that not all drivers need an “all you can eat” pricing plan. All new car owners don’t have long commutes or make cross-country road trips. For those who spend less time in their cars and trucks, it’s a challenge to justify paying $14 or $15 a month for that kind of subscription.
Sirius XM is experimenting with product and pricing options, offering lower-priced a la carte (you select the channels that you want) and themed bundles (family, mostly music, etc.).
That's a great start, but the company also should offer metered pricing options, just as cell phone companies do.
Consider pricing Sirius XM at a dollar an hour. This new pricing plan could activate dormant customers – those who like the service but have refrained from subscribing simply because the unlimited plan does not work for them.
Given Sirius XM’s high fixed costs -- on-air talent, satellites orbiting the earth -- revenue gained from activating pay-by-the-hour listeners will be virtually all profit.
Sirius XM’s third-quarter 2009 results statement reveals that the company had approximately 3 million promotional customers (presumably on a free trial).
According to a November Wall Street Journal article by Sarah McBride, roughly 45% of customers on free trials end up becoming paid subscribers.
Suppose that a new pricing plan could get another 20% of trial users to pay $5 a month for five hours of service. Assuming minimal servicing costs, this would boost monthly income from operations by $3 million.
Since Sirius XM’s most recent quarterly income from operations was $37 million, these newly activated customers would increase income by 32%.
That said, the benefits of offering a new pricing plan go far beyond increasing the conversion rate of trial users. This new pricing plan also would activate new home and automobile customers – not currently on a free trial – thus generating significant additional profits and growth.
As entertainment products become increasingly digitized, there are more opportunities to offer new pricing plans – just as Sirius XM can – to reap a financial windfall.
Rafi Mohammed, Ph.D. is a pricing strategy consultant and author of pricing strategy books, "The Art of Pricing" (Crown Business, 2005) and the forthcoming "The 1% Windfall" (HarperCollins, 2010). He wrote his economics Ph.D. dissertation (Cornell University, 1994) on rock-concert ticket pricing and bundling.
Have a wonderful weekend my friends, :santawave:
Julie
[QUOTE=julietoo;58363]Julie,Quote:
Originally Posted by socalrunningfool
You too!!!
I read a some posts the other day and I actually saw my name come up, someone was willing to trade me away to another sight for Relmor...I think, not sure...funny stuff though. The best part is I just recently threw away a post it note with some Relmor quotes,and the three wise men were right there saying go go go....Candleman and other geniuses...blah blah blah. Might I add all were wrong, way wrong, and in hindsight, actually sound like cheerleaders in the 7th grade, and for the record they had black and gold pom poms. ;-} Go ahead and read the thread, it was around Oct 15thish. So now that the eighties are not here, whats up? Someone with a brain please talk to me and convince me to keep my 2500 shares...up 5%. Before I go any further and start sounding like an idiot(lol), riddle me this batman? Has the NASDAQ granted an extension to the stock price or are we going to get another year to get above a dollar?
Two symbols to look at if you have my world view, FAZ, FXP. I can explain why I like these if anyone cares. It is speculation about the trends, they both short the markets and they look ripe for the picking short term or long term.
Good luck all!
Big Ben
Gone for a while, thought I would check back on the dead money crew. lol. I read a some posts the other day and I actually saw my name come up, someone was willing to trade me away to another sight for Relmor...I think, not sure...funny stuff though. The best part is I just recently threw away a post it note with some Relmor quotes,and the three wise men were right there saying go go go....Candleman and other geniuses...blah blah blah. Might I add all were wrong, way wrong, and in hindsight, actually sound like cheerleaders in the 7th grade, and for the record they had black and gold pom poms. ;-} Go ahead and read the thread, it was around Oct 15thish. So now that the eighties are not here, whats up? Someone with a brain please talk to me and convince me to keep my 2500 shares...up 5%. Before I go any further and start sounding like an idiot(lol), riddle me this batman? Has the NASDAQ granted an extension to the stock price or are we going to get another year to get above a dollar?
Two symbols to look at if you have my world view, FAZ, FXP. I can explain why I like these if anyone cares. It is speculation about the trends, they both short the markets and they look ripe for the picking short term or long term.
Good luck all!
Big Ben[/QUOTE]
Hey Ben,
I still think we have a great investment in our hands here. I hold over 250K shares now. So, If you want to sell yours, I'll be very happy to take them off of your hands.
We fell below 60 cents this morning. To some investors, that may be a bad sign. For me, it says it's time to buy some more. In the end we'll see who is right and who is wrong.
I just prefer to have more faith in our country and our ability to profit after the recession than you do.
So, just keep shorting those China stocks and the bank funds. That's a good way to make money in the short term. But, for me, SIRI is a solid long term gainer and I'm here to stay.
Anyone who has been following this forum the past month should NOT be surprised by today's trading action!
It is why I specifically and intentionally posted the "Options Expiration Calendar" earlier in the month . . .
Today is a "Quadruple Witching Friday" with index rebalancing thrown in for good measure . . . either BUY today or maybe even MONDAY or go out and do some Christmas shopping . . .
Today's trading price is a total non-event to me . . . we will either see late day buy-backs to close above $0.60 or . . . if the Officer's are dumping some of their vested options today (something else you should already know if you follow this thread) . . . we may not see buybacks until Monday or Tuesday.
Today is merely a great trading opportunity!
DYODD
No doubt in my mind now that Officer's are dumping vested shares today . . . look for the filing to follow
Key will be to hold $0.58 today . . if we hold $0.58 . . look for buybacks on Monday (or maybe even late today) due to "oversold" signal
FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
1. Name and Address of Reporting Person *
Altman Dara F 2. Issuer Name and Ticker or Trading Symbol
SIRIUS XM RADIO INC. [ (SIRI) ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner
__ X __ Officer (give title below) _____ Other (specify below)
EVP & Chief Admin. Officer
(Last) (First) (Middle)
1221 AVENUE OF THE AMERICAS 3. Date of Earliest Transaction (MM/DD/YYYY)
12/15/2009
(Street)
NEW YORK, NY 10020
(City) (State) (Zip) 4. If Amendment, Date Original Filed (MM/DD/YYYY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/15/2009 S 43230 (1) D $0.6076 1010180 D
Common Stock 35512 I By 401(k) Plan
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 8. Price of Derivative Security
(Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
( 1) Shares of common stock sold are equal to federal and state taxes due on December 15, 2009 as the result of the vesting of the restricted stock units and the related brokerage commission on the sale.
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Altman Dara F
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 10020
EVP & Chief Admin. Officer
Signatures
/s/Patrick L. Donnelly, attorney in fact 12/16/2009
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
hard bounce off $0.58 . . classic example of why MACD is a lagging indicator
And what a nice bounce that was. Already back up to 59.5Quote:
Originally Posted by Sirius Roadkill
Thanks for the information on expirations and whatnot today. I really appreciate your insight on these matters.
Could you please call Mel and ask him to get the price up to 78 cents next week? I was hoping Julie would do that. But, she doesn't seem to have had lunch with him this week.
Thanks,
Chuck
You know better!!!
Julie
All things considered . . . $0.597 is not that bad a close . . . especially if officers unloaded vested shares today for tax purposes!
That is a stronger finish than I was expecting! Now, let's hope for a little Christmas week rally!!!!Quote:
Originally Posted by Sirius Roadkill
Technical Review of SIRI
Charts of Sirius XM Radio are sliced and diced.
Friday December 18, 2009 12:39 PM PST
By James E Brumley
The broad market is on pace to end the week with a fizzle, and flat with Friday's close. A few select stocks, however, appear as if they're just now starting to build some trade-worthy momentum. Here's a more detailed look at Anadys Pharmaceuticals, Inc. (NASDAQ:ANDS), Sirius XM Radio Inc. (NASDAQ:SIRI), and AMCORE Financial, Inc. (NASDAQ:AMFI). All three are likely near-term movers, though only one of them bullishly.
I was a huge fan of Sirius XM Radio Inc. (NASDAQ:SIRI) as long as its key support line remained intact. Well, as of early December, support has been broken, and things have been getting gradually worse for SIRI ever since.
You can't quite tell it from our zoomed out chart of Sirius XM Radio (which shows the scope and importance of the support line), but this isn't a mere case of SIRI drifting sideways at an inopportune time. The stock is making lower lows, with today's multi-week low coming on higher volume... on a Friday, no less.
Regarding a target, Sirius XM Radio reminds me of the old adage 'the higher they fly, the farther they fall'. Following the 600% gain from Match's low to the peak, there's a truckload of potential profit-taking waiting in the wings for SIRI. At this point, I think Sirius XM Radio shares are at least due a pullback to the first Fibonacci retracement line at $0.50 (which has been support before... in October). There's another combo line at $0.33.
SRK's Note: Hello? Hello?? Earth to James . . . did you ever hear of Options Expiration Friday you Putz? . . . . Quadruple Witching Friday? . . . How 'bout the tax sale of options vested to Officers on 12/18? This guy is almost as dumb as Scott Moritz . . . hell, I look at that chart and see "OVERSOLD" . . . . maybe it's just me - LOL - what a maroone this guy is!
Dude's looking at the wrong fibonacci - it's the 0.60 that was more important, which matches price support... and that one was broken, so the next line to look for is 0.57, which also has about 5-6 recent hits on it. His TA is pretty simplistic. Also, just because a stock has rallied doesn't mean that it's "time for it to cut back", it's like the argument "it can't go lower than ###... that's always a crock, how many folks didn't think SIRI could go lower than $4. Then $3, then $1, then $0.50.... anyway, I don't think the guy is the best TA artist out there. I'm certainly not, but he doesn't take much into consideration - if he did, he'd... never mind... no need to spend all night with it.Quote:
Originally Posted by Sirius Roadkill