Any questions anybody? If I cannot answer them I will refer you.....chances are I can't, but somebody with knowledge can.
SIRIUS XM SATELLITE RADIO FORUM
Any questions anybody? If I cannot answer them I will refer you.....chances are I can't, but somebody with knowledge can.
QUESTION ME ME ME!!!
Is this NY article real??? Who has backed it up so far??? Should I still be stressed and not sleeping ahahhah!!!
What is the credibility of NY Post???
Thanks guys, I could use a calm weekend!!!
Let me prefix this by saying I don't follow this guy too much anymore but this Cramer bashing is kind of a joke. Had any investor listened to what he said (sell, and i DID NOT) when Sirius and XM merged you would have saved countless amount of money. Then, if you would have followed the stock with the same intensity that you have been this entire time since you did not sell you could have then bought somewhere around .10 cents. (I've avg. down around .40)
I don't mind that people don't like him (I don't). But he did give the right advice in reaction to the situation after the merge.
Anyhow, I digress. Let's hope the 4th quarter proves to be on par with what Mel has said and hopefully the stock begins to really build.
I would just wait for Mel to confirm it, until then its just speculation.Originally Posted by Hopeful
QUESTION ME ME ME!!!
Is this NY article real??? Who has backed it up so far??? Should I still be stressed and not sleeping ahahhah!!!
What is the credibility of NY Post???
Thanks guys, I could use a calm weekend!!!
The URL keeps morphing so just find an article on SIRI in google, and click in related articles. %&^^(*)()(&%$ GOOGLE!!!
Just get some rest, I am overdo, got caught talking to a friend all night!!
Have a good weekend, and try not to get your hopes up to high!!!
Last edited by dread; 02-14-2009 at 05:29 AM.
He said it was going to $5, I don't listen to him unless he sniffs out something I am watching, then I take it off the board for a month or 2.
The problem is, he has no vision and is way behind the curve.
If he follows the BDI/VIX then well he never mentioned those as indicators.
He either drinks way to much coffee or does to much coke.
People should not watch his show period!! Unless you are in a stock that he mentions!!! Then get the hell out on the Cramer pop!!
People who can not make their own decisions and do there own homework should not be in the markets at all.
Just my opinion!!
Thanks Dread,
Well I have brought myself back down to the reality of today's close and will remain that way until I hear this from Mel's mouth!!!
So back to little sleep and high blood pressure ahahaha this is almost becoming as fun as skydiving!!!
Dread, I don't want you to think I'm defending the guy. I'm not. He is behind the curve on quick trends but the stocks he recommends he does alright on. I don't invest on his advice but I used to follow for ideas. Where I was going with Siri was he was behind the stock and pushed throughout the merger. Obviously it took a long time. NOBODY could have been ready for the dilution that Mel had to accept to get the deal done. Now Cramer reacted right away and if you would have watched CNBC the day the deal went through he said to get out of the stock. You actually could have gotten out on top (at least I could have being avg. close to the going price at the time). I did not listen and the stock went down, and then down some more, and then I kept avg. down. Eventually it was a dime a share and I found myself in a BAD postion having avg. down from a few bucks and seeing siri facing BK. All I'm trying to say is had I listened to his advice based on the facts of the merger I would have saved money and hopefully come back to the plate in the last few weeks.
A lot of talk (by me) for simply saying the guy was right on this.
I understand what you said, and am in the same position. I averaged down to $2.
He was right and wrong at around the same time. I saw it on CNBC and he is a day trader/hedge fund guy.
I even remember Mel throwing the toy bull at Cramer LOL!!
I don't blame Cramer for what Mel had to actually do, nor do I think you do. No one knew the credit markets would freeze up until they did.
But cramer flipping on a dime and calling SIRI a lottery ticket did not help us at all.
I invested in SIRI because I am a sub, I averaged down because Mel is my CEO. When you have a good CEO, you just have to hang in there buddy!!
If you averaged down, and did not sell, the only thing you have lost so far is some time.
Since even good stocks with no dept have been hammered into dust for no reason, its hard to explain, well fear explains all of it.
But you have lost nothing yet brother!! Just hang in there and be patient, its a wait and watch and pray type of game for us right now LOL!!!
Good luck, have a good weekend, and hopefully we will come out of this one alive!!!!
I know I wish I would have listened to Cramer. You guys can hate him all you want... but the fact of the matter is he was right on with his calls after the merger. I would have saved a whole crapload of money had I took his advice.
http://www.thestreet.com/video/10433...on-sirius.html
Any questions anybody? If I cannot answer them I will refer you.....chances are I can't, but somebody with knowledge can.
Hey Bill!!
Here's a question ..... this stock used to be in the $2 to $3 range (july / aug 08). It had the same debt that it does now (actually - i think it has less now?), the credit markets were better and impending disaster was not eminent, we have more subs now, the co is hopefully gathering more cash via the internet sub cost, assuming the cash crunch is taken care of ie new debt terms with extended terms ..... Why shouldn't this stock go back to a similar trading value .... $2 .. $3???
I realize that all of the neg press and near disaster will give the willy's to some investors but if the co was properly priced share wise before ????
So ..... whats is your take ... for that matter, it might be interesting to everyone view on this??
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