SIRI Monthy Thread February, 2015!

[BJH]

I'm going to try to rebuy all of them at 3.55. Order is in

[dm_4]

Looks like Zacks has a sell rating.
http://finance.yahoo.com/news/whats-...175005267.html

[denco1]

Wish I could say they are wrong...who knows short term, could break out or retrace a bit depending on the flavor of CC and possible surprises or not.

I do know that ZACKS is a joke. A few months back they had a strong sell on LMCA because they were "down" 50% - EDIT 65.1% or 1/3 - ish but failed to mention in their analysis that it was due to the split from LMCA to LMCA and LMCK thus lowering the value of A shares.

EDIT: Actually 65.1%......what a fkg joke.

The stock also has seen some pretty dismal trading lately, as the share price has dropped 65.1% in the past month.

http://finance.yahoo.com/news/rid-li...104257572.html


July 23, 2014 close $141.31
July 24, 2014 close $ 48.94

Change in price due to the 2 for 1 LMCK stock dividend/split.

Subsequently the price has dropped further as broadband has been spun out into different tickers

[Steiny]

SIRI estimates (barely beat the deadline this time around!). Good luck to everyone on Thursday.

Q4 2014 / YTD 2014

Adjusted EBITA - 375M / 1.462B
Free Cash Flow - 340M / 1.165B
Revenues - 1.085B / 4.175B
EPS - 0.022 / 0.079

Net Subs - 575k / 1.75M
Net Self-Pay Subs - 509k / 1.442M

ARPU - 12.54 / 12.40
SAC - 34.87 / 34.40

[dm_4]

Trucks, SUVs drive US vehicle sales in January

http://www.cnbc.com/id/102392258

[dm_4]

Well siri hung tuff today, by that i mean it no major pullback on a 300 pt day tomorrow will be interesting. If she holds these levels, barring any bad cc news....it should smash thru 3.66/7 at least temporarily on cc day.

[Wolf Child]

SIRI estimates (barely beat the deadline this time around!). Good luck to everyone on Thursday.

Q4 2014 / YTD 2014

Adjusted EBITA - 375M / 1.462B
Free Cash Flow - 340M / 1.165B
Revenues - 1.085B / 4.175B
EPS - 0.022 / 0.079

Net Subs - 575k / 1.75M
Net Self-Pay Subs - 509k / 1.442M

ARPU - 12.54 / 12.40
SAC - 34.87 / 34.40

Thanks Steiny!

[dm_4]

When does it smash itself to $2.75? When do the people who went to cash at $3.14 re-enter?

Lets review shall we??

DM... I hate to be the bearer of bad news but SIRI is going $2.75 soon. GL!!!

Wrong!

Based on what Midas??

its a full 50% retrace off the 10/06/2011 low and the 10/23/2013 high

Wrong!

Lets give midas a second chance on the why part

topping new car sales, sub prime issues in the use car market, unfunded 3rd buyback, deterioration in high yield debt market (harder to fund 3rd buy back), ratings agency risk if they do manage to fund it), legal issues, ARPU concerns (new pricing plans).

Wrong!

Lets give him some more rope shall we?

SIRI will sell off over the course of the next quarter, its momentum down will be based largely on the large market sell off. It could get there a bit before or a bit after. So I’ll say over the next 3-4 months. The large market sell off will be attributed to some of the same things I mention will impact SIRI. Example: many of the corp buybacks will ’slow down’ because of the stress in the high yield credit markets. Corp buybacks have helped inflate the equity market.I hope this helps clarify "soon" for you.

Wrong!

Of course we got a complimentary reminder of his original call on a day siri is getting beat up:

$2.75 coming to a screen near you. Good Luck!

Wrong!...but thanks for the reaffirm.

oh but wait there is more! Of course on another red siri day we get:

$2.75 on the radar screen.

Wrong!

This is my absolute favorite part tho!

Thanks for the free life lesson. However, some folks thanked me for the warning. I am saving them a lot of money right now.

Seriously dude??? Are those same folks still thanking you midas????? Did anyone here actually thank midas??

Midas how do you suggest we all play this????

Play this smart. Build a cash position and buy below $3. $3.16 low of day. Equity markets open Monday too.

Wrong!

I really pray nobody and i mean NOBODY listened to this DONKEY and never does!!

Its official.....I am now kicking this atrocious bs call out the door and down the steps never to be seen or heard of again. As we all knew back then and as we all now know for sure....This call has expired WORTHLESS, just like its maker/s!!

[just sirius]

Faulkner...thats an easy one...they re-enter at the top and then sell at the bottom just like Midas advises!!

JS

When does it smash itself to $2.75? When do the people who went to cash at $3.14 re-enter?

[airman]

We are still on target. But, No one can predict with certainty though.
It does look like the downside risk is very limited. Low 3.50's probably.(minus a market calamity)
First upside target is 3.75 and then 3.80's. The first could be reached on a pop around this weeks releases.

I would put stops in in high 3.40's just to make sure, obviously if it breaks there it will not be a good story. it may pullback to 3.51 or so and I would not be worried. If it does break there I would be a buyer back lower at 3.25 or so.

What I think will happen is it breaks above 3.66 and probably go to 3.75 and return to near 3.66 before starting a slow rise back to the 3.80's then 4.02ish .. but re-eval will come before that.

https://www.tradingview.com/e/jx2YP44z/

Obviously everyones risk and positions are different so do your own due diligence.