low .41? clear some stops and run it up today...?
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low .41? clear some stops and run it up today...?
yep we goit heavy volujme again today
lets hope its mostly buying and not a sell off.
here we go!
I saw my profit disappearing and had visions of .30's and almost got squeezed out at under .42, but held off - crossing fingers we go back to high .40's today.
It would be really something.
This is what I was worried about when the rate hike was announced.
http://industry.bnet.com/technology/...-boost-excuse/
If enough people start drawing attention to this, what happens next?
sometjhing funny going on, the ask showing up is not the ask on lvl2, mm's playing games
I know nothing about the royalty calculations. My guess is it's not as simple as these articles lead one to believe. The MSM is infamous in oversimplifying calculations to meet their own agenda. If there's something to this, FCC will step in and force SXM to explain itself. I'm sure SXM is prepared to deal with this.
well did that guy add up what siri has ALREADY PAID, they are not trying to make just future royaslties back but past royalty payments as well.
I have a feeling Sirius will not be removed from the Russel 2000. There is too much to lose with the trading of this stock and the Russell is mostly based on market cap, not price.
i didn't read the article above, but yes the royalties rate hike is to pay back past royalties dating back to 2007 i think, and it was also in the FCC documents for the merger that they can do it to recover backwards.
I think its distasteful that radio stations are announcing tributes for Michael Jackson less than 24 hours later to capitalize on his online death hype. I have seen announcements from Sirius XM and Slacker so far and its just dirty marketing.
ok alright ok alright....volume is looking nasty again, yes? 15mill in 40 minutes
I'll take nasty!
"In other words, Sirius XM seems to pick up a hefty monthly premium and deposit it right into its seriously hurting financial picture. Maybe management hopes that no one whips out a calculator."
I think Mel and Malone are smarter than that.( I would hope, although judging by Malones history, we know the law doesnt interest him that much, why hes pushed the tax envelope so close to the line. He seems to know how to avoid paying taxes, and will break laws when the penalty cant match the gains. In his nature to take chances with gray areas. I agree the numbers seem suspiciously close between paying royalties, and generating extra income. Maybe they store the extra money to pay increases due in coming years. This would allow them to keep there increase consistant, and not raise it every time they have to pay more. Just a thought, no idea if they can even do that though.
agreed , alot of people will try to cash in somehow, but its the basis of capitalism. find a +EV oppurtunity and go for it.... put on the tv now and all you see is MJ 24 hours a day ...mtv ran a marathon. you have to understand HE IS THE KING OF POP and a GLOBAL ICON...when he walks through a crowd, people faint!!! that is the effect he has on people. all the great artists today say he is a major influence in their work. there is not one successful musician who will deny that. he got caught up in that kiddie shit and that is absolutely disgusting, but from an entertainment aspect of his death, i think it would be more distasteful to not have any tributes to him at all. JMHO