Here we go again. Sunday starts off the advertising blitz with SIRI. Let's hope it has an impact. The closer we find support next to a dollar the better it is. GLA.
SIRIUS XM SATELLITE RADIO FORUM
Here we go again. Sunday starts off the advertising blitz with SIRI. Let's hope it has an impact. The closer we find support next to a dollar the better it is. GLA.
Hmm, no one has anything to say. Well, I'll say something. Crap. The market is bright green and guess what SIRI does. Piece of $hit.
No worries, The markets big green is just a head fake ... a big head fake but none the less it is unreasonable at this point. Siri will be just fine by next years end. Gotta be makin money first! Then the sky is the limit. Be patient.
if thestreet.com thinks we need 8 negative articles in one morning :
http://finance.yahoo.com/q;_ylt=AiZQ...3Npcmk-?s=SIRI
where the heck is everyone??? Waited for a good 1/4ly, got one, nobody talking, nobody posting....stock not moving, before during or after CC. Do't get it.....HELLO.....HELLO????? WHAT'S NEXT?? Nothin till 4th 1/4????
The Barrington upgrade is pretty big. Hopefully there'll be a couple more coming soon. The stock has been surprisingly quiet since the cc.
I have been away for awhile, looks like I didn't miss much in the forum! Are people leaving Sirius Buzz and going to other forums?
Down again to 76 million! I wonder why we are stuck in this ranger? Consolidation and then we see a big spike up?
http://www.nasdaqtrader.com/trader.a...=ShortInterest
At about 18:50 the 1.25 price upgrade is discussed.
http://media.bloomberg.com/bb/avfile/Mar...
RESTON, Va. - (Business Wire) International Launch Services (ILS), a world leader in providing mission and launch services to the commercial satellite industry, and SIRIUS XM Radio (NASDAQ:SIRI), America's satellite radio company, today announced a contract for the launch of the XM-5 satellite on an ILS Proton. The satellite is scheduled for launch in 2010. This is the tenth firm award announced by ILS this year.
This will be the 5th ILS Proton launch for the SIRIUS XM Radio fleet; ILS launched the entire SIRIUS satellite constellation with the most recent being the SIRIUS FM-5 satellite last June. The Proton vehicle is Russia’s premier heavy-lift launcher and is built by Khrunichev Research and Production Space Center, one of the pillars of the Russian space industry and the majority owner of ILS. Proton has launched over 345 times to date since its maiden flight in 1965.
The 6,000 kg XM-5 satellite will be located at 85 degrees West and will enhance the existing XM satellite fleet, ensuring XM subscribers across North America continue receiving high-quality, digital-music, entertainment and data services. Built on the flight proven Space Systems/Loral 1300 platform, the XM-5 satellite will provide high-power, digital audio radio service (DARS) and will have an end-of-life power capability of nearly 20 kilowatts, making it one of the world's most powerful communications satellites.
“ILS/Proton has launched all of the SIRIUS satellites; that is a strong vote of confidence in the demonstrated abilities of ILS/Proton. We are honored to once again provide critical schedule assurance for the XM-5 mission with an ILS/Proton launch,” said ILS President, Frank McKenna.
Some recent news:
S&P Raises Outlook On Sirius XM To Positive From Stable
4:09 PM ET 11/11/09 | Dow Jones
DOW JONES NEWSWIRES
Standard & Poor's Ratings Services boosted its outlook on Sirius XM Radio Inc. (SIRI) to positive from stable amid the satellite-radio concern's improved third-quarter results.
The heavily indebted company was facing bankruptcy early this year because of its leverage level, but a deal with Liberty Media Corp. forestalled that possibility.
S&P has Sirius XM at B-, the last step before highly speculative territory. In its outlook change, the credit rater highlighted cost savings from Sirius's acquisition last year of larger rival XM.
In the latest quarter, total subscribers fell 2.1% from a year earlier to 18.5 million while net new subscribers slumped 70% to 102,295. Churn, or the rate of monthly customer losses, rose to 2% from 1.7% for self-pay customers. Average revenue per subscriber, an important industry measure, rose 3.4% while costs associated with adding new subscribers fell 6.8% per subscriber.
Shares were recently up a penny at 63 cents.
-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; kevin.kingsbury@dowjones.com
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