Looks like they are trying to shake peps, I think we are looking for a nice pop.
SIRIUS XM SATELLITE RADIO FORUM
Looks like they are trying to shake peps, I think we are looking for a nice pop.
I believe we all deserve to be rewarded with tangible evidence of today's progress in the form of a nice fat closing price.Originally Posted by Big Ben
Or else!
Guys,
I said it here a few times. Shorts and MM's will sell into this to flush out dumb money...this is now like a fine wine..let it simmer a bit and you won't be disappointed...
Now wolfchild...we're holstering all firearms (for now) LOLI believe we all deserve to be rewarded with tangible evidence of today's progress in the form of a nice fat closing price.
Or else!
Speaking of Autos..this intersting little tidbit from Choirgirl (who was b&r in Germany so I trust her) on the other thread...
>> GM-Bankruptcy and the consequences for Sirius
GM is down today and bk is more likely than ever. Just heard the negotiations between GM and the German goverment are postponed, some very harsh remarks by goverment officials.
The State of Hesse offered up to 5B to take over Opel and their sisters Saab and Vauxhall, but GM can't sell because they don't own it anymore, it belongs to the Treasury already ( plants,buildings , even the patents ).
Graf zu Guttenberg is on his way to talk to Geithner this weekend.
If they get a deal together, this would be good for GM and would this be good for Sirius too, or is this not that important / <<
Hi closed at .145 I really really really can't wait to see .18 again.
tripping,
damn you..i just finished a 3 page political response to relmore..oh well to the trash it goes if i can't post it.
koop
Nice pop to end the day. Put your guns down !!!
Good call sl62. Not good, not bad, as usual SiriusXM reality of any good news is taken down by the MSM and the MM's. Cant give us a break to save our lives. Thats ok. Im battle tested, and patient. I will outwait them in the bushes over here with Killer, and Blue, and the clipper.....
Fire cannons, blue dog attack!!!!, guns ablazing!!! Lets break .146 MONDAY!!!!
WHHHHOOOOOOOOOOOHHOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!! !!!!!!!!!!
YA BABY YA!!!!
Ill read it. Post it. Its all good. Well just cut it short with retorts. Id love to read it actually. Give it to me koop!!!!
Reuters:
>>UPDATE 1-Sirius closes Liberty deal, ending 2009 debt worries
Fri Mar 6, 2009 3:42pm EST
NEW YORK, March 6 (Reuters) - Sirius XM Radio Inc (SIRI.O) on Friday completed the remainder of a $530 million capital infusion from John Malone's Liberty Media Corp (LINTA.O) that the satellite radio company said resolves its looming debt deadlines this year.
The deal solves the most pressing critical financial issue for the pay-radio service, which began 2009 with about $1 billion in debt due in the year. It still faces tough problems such as reining in costs and shrinking growth in subscribers.
The closing dissolves the specter of bankruptcy from the company since the second loan was contingent on Sirius auditors not issuing any "going concern" qualifications on the company's 2008 audited results -- which usually mean a company is likely to go bankrupt without additional financing.<<
MSM punks wouldn't be themselves without these closing graphs:
>>Free of its money problems, Sirius must quickly address operational questions, such as how it will sustain growth as the automotive market slumps and as consumers, worried about their jobs and retirement accounts, rethink discretionary spending.<<
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