ho, i guess the moderators are too busy to start the thread
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ho, i guess the moderators are too busy to start the thread
Ho, breaking news, new article!! SIRI beat sub guidence for 2011. Tomorrow should be a nice day. Up 5 cents in after market.
Love that $2.00 mark. It just seems so nice on those nickel shares I'm holding.
I knew when Sirius and XM merged there would be separate satellite feeds for years to come but, what is the holdup with this now, one company, offering multi radio discounts across the Sirius and XM platforms? I know this has been an issue for quite some time but my buddy just ran into it after purchasing a new car and like many people who are voicing their displeasure with their wallets (see: verizon & godaddy) he too has decided make his voice heard. Not only did he not get a sub on the new vehicle but, he also cancelled his existing xm account.
I wonder how many more subs Sirius XM would have if they could find some way to be a decent natured company and show some goodwill to its subscribers. We live in a day and age where one bad slip-up can have serious implications on a company and, for you investors, a stock price. I have never pulled so hard for a company to be loved but, it is clear, Sirius XM does not care about the public opinion.
BTW, you don't need to be a moderator to start the thread. Thank you for making it happen.
That stock price does not solve the problem.
BTW, as a long investor I am more concerned with growth and their lackluster churn rate. I have never day traded this stock so, you can understand why a 10% pop doesn't matter to me. I'm happy for anyone who made money but, I am more concerned with the longterm success of this company.
Hm?
540,000 Subs added in Q4 "doesn't matter" to you?
Anyway . . . "growth" and "churn" are relative metrics . . . "20% EBITDA Growth" and a "1.8% Churn" make Siri a leader within its peer group . . . you can look that up.
In fact, here . . . I'll give you a head-start . . . here's an excellent assessment by a very well-respected media journalist who works for a little internet publication you may have heard of:
“Based on preliminary subscriber data, we are very pleased to announce that SiriusXM exceeded its subscriber guidance for the year. Our subscriber growth accelerated in 2011 as net additions grew approximately 20%, delivering our best year for net additions since the merger and demonstrating the strong continuing demand for our unmatched audio content,” said Mel Karmazin, Chief Executive Officer, SiriusXM.Quote:
Sirius XM Q2 Preview – What To Expect
August 2, 2010 (7:15 am) Spencer
Sirius XM will be announcing their Q2 earnings on August 4, 2010. The call has been highly anticipated by investors ever since the company pre-announced the addition of 583,000 subscribers, a fantastic churn rate of 1.8%, and an OEM conversion rate that is edging toward 50%. The anticipation is further heightened by what are supposed to be great auto sales figures for July of 2010. In many ways, this call is setting up to be a good one, but as usual, it is about the metrics all showing strong positives.
http://siriusbuzz.com/sirius-xm-q2-p...-to-expect.php
No, sorry. When I first purchased Sirius back in 05 I assumed they (now combined with XM) would have at least 30 million (closer to 40) subscribers by now. I still believe that better CS, PR, apps, and hardware could have done that.
I am looking for subscriber growth, I am worried looooong term. BTW, that 1.8% is bullshit, we all know that. I hate the way they count subs and I hate the way they leave radios turned on.
I'm not arguing that they weren't successful by Wall Street standards, like I said, congrats to all who have gained another 10%... I want another 500%.
I see Spencer has a new article out touting the virtues of Slacker . . . seems like only yesterday he was touting the virtues of Pandora . . . now barely a peep?
Makes you wonder why . . . not.
I don't think Pandora has dropped any great groundbreaking news. Slacker keeps adding new content. Plus, Spencer has always been a fan of Slacker over Pandora. I am as well. I still can't figure out why Pandora is the household name, Slacker is the better service.
Someone recently pointed out an old article I wrote about Sirius XM paying more attention to social media (http://siriusbuzz.com/the-heartbeat-...-listening.php) and particularly a comment that was made on the article.
First I want to say that I think Sirius XM does a pretty good job handling social media and social support issues which, is much better for the brand (and you shareholders).
Second, here was the comment in question, which happen to be made by Relmor;
"Twitter? Come talk to me in 2 years. See who still “twitters”. LOL Dumb idea. Charles is a basher, plain and simple."
If anyone still talks to Relmor, you might want to let him know its been well over 2 years and it just so happens that both he and his website both utilize Twitter and other forms of social media. Dumb idea?
I don't really care to be honest but, it is interesting to look back at the things I was critical about and all the crap I took because of what I said, only to watch Sirius XM slowly but surely address most of those issues (some better than others).
Tell relmor, he can kiss my ass. I will never post at his site again, They proved themselves to be dishonest and for that fact I dont deal with them. He was one of the 2 main people there that said what happen to me would never happen and I signed up. Needless to say, he was not truthful.
So . . . recall with me if you will:
Quote:
Spencer Osborne says:
August 2, 2011 at 11:01 am
"Thank you for the kind words. My target for the end of the year is $2.70 to $2.80"
. . . Well, as we all know . . . Siri closed the year at $1.82!
Now, as I promised my friend SL . . . on with "Spencer's Top 10 Excuses for his Year-End Price Target Miss"
The Top 10 List will of course be presented by Maria Menounos . . .
EXCUSE # 10
Maria . . if you please:
Quote:
Spencer Osborne says:
"I never said $2.70 to $2.80. Don't try and put words in my mouth. You're not smart enough to do it."
. . . in case Spencer gets his panties twisted and deletes my post:
sirius roadkill says:
January 23, 2012 at 9:02 pm
“I always find it interesting that people tend to slam an analyst that has a conservative rating on a stock, but never once complain when an analyst issues a bullish report.”
I find it interesting that writers tend to generalize and lump their readers into a single category. For example, I was quite outspoken in my criticism of Spencer Osborn when on August 2, 2011 he issued a year-end price target of $2.70-$2.80 (the closing price on August 2 was $2.07).
I have also been quite critical of any Siri analyst employed by JP Morgan . . . regardless of the direction of the price target (impartial? unbiased? objective?)
Do we need to get into Matt Harrigan . . the shakiest gun in the west?
Do we need to get into David Bank’s repeated misses on SAC and ARPU?
Do we need to revisit Mark Wienkes?
Reply
I have seen just-in-case-my-comment-gets-delete posts in the forums so many times but, have never seen a comment get deleted that people try to somehow protect by posting it in two different places. We don't delete comments. It has to be spam or some kind egregious personal attack.
In other words, if you want to comment that I'm an idiot and this is why, that is fine. If you want want to use a half dozen four letter words for no reason and wish my family dead, I would probably delete that UNLESS, you could somehow make it funny (doubtful).
Excuse # 9
Maria . . . .
Quote:
Spencer Osborne says:
"ok, I admit it . . . but look, I've been on food stamps and unemployment since 2009; I was desperate for the clicks."
Quote:
Spencer says:
January 23, 2012 at 11:02 pm
I have never seen anyone complain that a stock is manipulated when it pops up 10%. Watch a stock drop 10% and see people come out of the woodwork screaming manipulation.
Watch an analyst put up a price target of $3 and you see everyone cheer despite the fact that very few actually read the report or understand any of the logic contained in it.
I guarantee that if Morgan Stanley simply moved the price target to $2.30 that people would have had little to say. because he dared to call the equity fairly valued at this point and you have people screaming manipulation from the rooftops!
It is foolish!
Reply
3 PINOCCHIOS, 1 CONDESCENSION, 1 GUARANTEE AND 1 INSULT!
That's almost impossible in a 4 paragraph post!
http://www.freesmileys.org/smileys/s...aughing021.gif
If the marketplace prices eggs by the dozen, why would someone valuing eggs analyze them by the pound?
If the New England Patriots beat the Baltimore Ravens and advance to the Superbowl based on a blown call, are fans of the New England Patriots required to "cry foul" and complain about the poor officiating?
Spencer says:
January 24, 2012 at 3:36 pm
"Unfortunately I think that management is so focused on getting every penny on the balance sheet to look good . . ."
Don't say I didn't warn you when the "Q-4 CC - A Closer Look" article comes out next month . . . the cake has already been baked!