11-4-13 thru 11-10-13 "Week of the Rising"

[SiriusBuzz]

Charles, I can't see any adverse issues on this end.

Good to hear.

My main concern is with people logging in from work behind some kind of security firewall. Fingers crossed that no one is locked out right now.

[Blue Doggy]

plus .05 today! Eight more days like today we're back to exhaling

[SiriusBuzz]

had no idea about the deal until AFTER I bought the Jeep...... no mention from the salesdouche.

This is what blows my mind. Do the sales people really think there is no value added? Why doesn't SiriusXM push for a brochure to be stuck to the radio or something? Or how about sticking it to the salesman's head?

[Blue Doggy]

Sirius should offer salespeople 3 free months on THEIR personal subs, when/if customers sign on for 1 yr or more

[Redcloud]

Edit: $3.58 again huh? Tuff to swallow.

I feel your pain Wolfe!!! $3.58 is just the number I calculated it would take to take 6000M shares off the table through the initial buyback with the remaining 400k.


http://seekingalpha.com/article/1822...ce=google_news



11-8-13.png

[denco1]

The rise of the Phoenix is near....or would that be THEHORNYDOG....


http://www.cnbc.com/id/101184216?__s...ound:+Chipotle


End of trade Monday completes the setting of price for the Liberty BuyBacks ...



EDIT: Tks for the Chart RC!!.......I hope we're there too. Either way we're close to the bottom.

[Boomer]

Hey folks, shouldn't the buyback agreement with Liberty start putting the breaks on further price pullback? Today should be the 10th day (actually 13th day...3 trading days after CC plus 10 days) used to calculate the volume weighted average price (VWAP) that SXM announced will be used with a 1.5% discount to determine the price that SXM will pay Liberty Media and its affiliates in their buyback agreement. If I figured this right, it looks to me like the price after the discount should be about 3.66. That means that they will be buying about 136.6M shares (500 M and divided by 3.66) from Liberty Media in 3 installments...November, January and April. Also, SXM said the buyback could be accelerated under certain circumsatnces. The way I see it and maybe I'm wrong...wouldn't be the first time, but if the price is below 3.66, SXM could buy on the market and sell back to Liberty at a profit?

[Limit5Bass]

Thanks SI, I'm just finally catching up on some forum reading after getting my site officially launched on Sunday. I see DDD is fairing rather well these days. $90 is a nice number if they want to pay up

I'm treating today's action as a buy opportunity. Hope that's not misdirected.

On another subject, if Bassman happens to be perusing today, he ought to be quite proud of his persistent support for DDD over recent past. DDD is up $3.00 today, 40% since early Sept. when I responded to Bass's suggestion........ took a very large position, and today I see this headline: "Rumors IBM is interested in buying 3D Systems (DDD +6.2%) for $90/share (a 28% premium to current levels) are helping the 3D printer vendor surge to new highs."............. Nice going Bassman.

[siriusly_invested]

Glad to hear you've got your site running again, Bassman.

Regarding DDD, I saw a subsequent disclaimer that the IBM buyout is not likely to happen......... but then DDD announced a budget-priced desktop 3-D printer, so that may account for the continued strength in the market.

Question to Denco and others regarding the buyback...... Is there a time constraint for that buyback opportunity? Is that why you mention that end of business on Monday should be the end? For some reason I missed that one.

Thanks SI, I'm just finally catching up on some forum reading after getting my site officially launched on Sunday. I see DDD is fairing rather well these days. $90 is a nice number if they want to pay up

[Boomer]

My mistake! Please disregard last sentence in my previous post. I suppose it would be in Liberty Media's interest, not SXM, my bad, that could go into the market at prices below the 3.66 and sell back to SXM at the contractual price of 3.66 and make a profit...my apologies!