01/06-01/12 What's up doc?

Posted in the sirius xm chat room

"WASHINGTON, Jan. 6, 2014 /Emag.co.uk/ – John Malone’s offer to buy out Sirius XM’s shareholders at $3.68 a share is ludicrous. Sirius XM was trading over $4.00 a share just a few weeks ago and is a fast growing company with bright indicators and registers four stars by Standard & Poor’s which recommends a buy. I am sure that I along with other shareholders in Sirius XM will be interested in a legal challenge to John Malone’s company for lowballing Sirius XM’s shareholder value. Carl Icahn — take notice and interest."

http://emag.co.uk/statement-by-ralph-nader-on-liberty-medias-proposal-to-take-over-sirius-xm/24068

Suppose the SIRI BOD rejects the 3.68 tender offer. Does that then instigate a pizzing match, and maybe something worse, such as a hostile takeover?........ Obviously, I've never been a party in such a contest as this.

Why would Malone give a damn about what Nader or Icahn might have to say?

Well, sold most of my shares in SXM in the pre-market at 3.95 and 4.00...only have 10.000 shares left...by far the least amount of shares that I have owned since 2006...feeling a little sad. Thinking about either adding to my LMCA position or other positions...got to say though that my LMCA shares have done well since I bought them at 105.00...will always remain a SiriusXM subscriber...love the service!

http://blogs.wsj.com/moneybeat/2014/.../?mod=yahoo_hs

Does anyone here happen to follow Icahn on Twitter?

AT&T news releases today are very interesting and should not be ignored by Sirius XM investors. Not only did AT&T announce that they are going to put 4G LTE in all General Motors cars BUT they are offering a new service called "Sponsored Data Services. The offering will let sponsors subsidize consumer's data fees, which have gradually gotten more expensive in recent years as phone companies charge for mobile web-surfing based on how much data their customers download."

For example, Apple could say "Anyone that uses iTunes Radio in their car will not be charged for any data usage. We will be paying for it." This goes for any and every other company out there. My concern is... the company with the best product/service and the deepest pockets win.

Any thoughts?

http://www.reuters.com/article/2014/...A050PT20140106


http://www.freep.com/article/2014010...ectronics-Show

@Wolf... I started following him after his Dell deal intervention.

https://twitter.com/Carl_C_Icahn

http://www.thestreet.com/story/12211...o&cm_ven=YAHOO

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Finally, some investors asked how high Sirius XM Radio (SIRI) can trade following the buyout offer from Liberty Media (LMCA).

Cramer said SIRI could take out its 52-week high of $4.18 if the company told LMCA, its majority shareholder, that it will have to "pay up" if it wants the rest the company.

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http://www.thestreet.com/_yahoo/vide...&cm_ite=NA&s=1

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Originally Posted by midas360

@Wolf... I started following him after his Dell deal intervention.

https://twitter.com/Carl_C_Icahn

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Let us know if he responds yeah?

Also, What a wall they've had @ 3.82 all damn day.... Do we break it? I say YAY

another one (legal investigation)

http://finance.yahoo.com/news/sirius...193000359.html

Long time lurker, 1`st time poster. I`m a newbee to investing but am slowly learing. I did say slowly huh?:cheers:

What the hell is up with P today? More excitement than siri.:confused:

Call the close.......3.87 anyone....:money:

Maybe that little spike will lead the way

The last 10 minutes is going to be CRAZY!!!


http://www.youtube.com/watch?v=otdHbA4GlSI

Cmon SIRIDOG....keep it up!!

I`ll call a 3.82 close.
Almost 370 mil vol. Damn.

$3.92 run for your life dog;)

I'm voicing a close of $3.91......... on volume of 391Mil.

Denco, you posed the question earlier, re. record volume........... for some reason the number 368Mil sticks in mind. If so, then we have that beat, already today........... Go Dog, Go.

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Originally Posted by siriusly_invested

I'm voicing a close of $3.91......... on volume of 391Mil.

Denco, you posed the question earlier, re. record volume........... for some reason the number 368Mil sticks in mind. If so, then we have that beat, already today........... Go Dog, Go.

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Hi SLY!

I went back 5 years and found that in April of 2010 we traded 609mn shares. There was also a 404 mn day in 2010. This day will be top 5 for sure.

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Originally Posted by denco1

Hi SLY!

I went back 5 years and found that in April of 2010 we traded 609mn shares. There was also a 404 mn day in 2010. This day will be top 5 for sure.

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After I posted my last comment, I tried to look back, but when I saw that 600+ spike, I thought it was an error in my chart. Oh well, guess we'll have to settle for 2nd or 3rd best (we might bust that 404 with a surge at the close).

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Originally Posted by lakefun1

you really think it will finish the day at these levels?

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Ta DAaaaa!!

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Originally Posted by Wolf Child

The shorts will all have to cover!!

THE SHORTS WILL ALL HAVE TO COVER!!

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Geez..... Maybe they really did ALL cover?