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  1. bababoooie is offline
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    03-06-2009, 05:27 PM #151
    Quote Originally Posted by relmor2003 View Post
    Heres someone actually stupid enough to try to analyse why there is no huge pop off the news. Guess why? Yep, you guessed it. Auto sales, and the debt due in a couple years@!@@@???
    A couple years? WOW, already? Really? Well we get no break.
    1st negative spin. Starts neutral, than theres the zinger for ya at the end. See, no reason to buy this stock still. Dont look over here. Go buy some Citigroup

    http://www.paidcontent.org/entry/419...ke-in-company/
    LOL....
    Happy thoughts
    1) Flat Auto Sales and Sirius Subs go up
    2) 2011 debt due after taking FCF into account is owned by LIBERTY!
    3) Auto's Fall Apart , even at 10million vehicle sales will still improve
    4) Next Big Debt by Sirius won't be until 2014.
    5) Mayan calandar say world ends in 2012


    OK.... so maybe #5 wasn't happy but check it out for yourselves!

  2. sl62 is offline
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    03-06-2009, 05:29 PM #152

    Thumbs up

    Quote Originally Posted by asm610 View Post
    On the first day, God created the dog and said:

    'Sit all day by the door of your house and bark at anyone who comes in or walks past. For this, I will give you a life span of twenty years.'

    The dog said: 'That's a long time to be barking. How about only ten years and I'll give you back the other ten?'

    So God agreed.

    On the second day, God created the monkey and said:

    'Entertain people, do tricks, and make them laugh. For this, I'll give you a twenty-year life span.'

    The monkey said: 'Monkey tricks for twenty years? That's a pretty long time to perform. How about I give you back ten like the Dog did?'

    And God agreed.

    On the third day, God created the cow and said:

    'You must go into the field with the farmer all day long and suffer under the sun, have calves and give milk to support the farmer's family. For this, I will give you a life span of sixty years.'

    The cow said: 'That's kind of a tough life you want me to live for sixty years. How about twenty and I'll give back the other forty?'

    And God agreed again.

    On the fourth day, God created man and said:

    'Eat, sleep, play, marry and enjoy your life. For this, I'll give you twenty years.'

    But man said: 'Only twenty years? Could you possibly give me my twenty, the forty the cow gave back, the ten the monkey gave back, and the ten the dog gave back; that makes eighty, okay?'

    'Okay,' said God, 'You asked for it.'

    So that is why for our first twenty years we eat, sleep, play and enjoy ourselves. For the next forty years we slave in the sun to support our family. For the next ten years we do monkey tricks to entertain the grandchildren. And for the last ten years we sit on the front porch and bark at everyone.

    Life has now been explained to you.

    There is no need to thank me for this valuable in formation. I'm doing it as a public service.

    asm...

    Very good. Ahhh, Confucius say....

  3. trippingthespeculatingpos is offline
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    Joined: Dec 2008 Location: San Antonio Posts: 2,884
    03-06-2009, 05:30 PM #153
    it doesnt say the world ends, themayan calander keeps going well beyond, they say that the sun will fall ino the hole, meaning the sun will align from our perspective with our own galaxy, its kinda harsd to explain and understand, but no they do not say the end of the world.

  4. sl62 is offline
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    03-06-2009, 05:31 PM #154
    remlor...

    I'm going to SA to see if they deleted our comments on Brandon's article...bet they did!

  5. mogami is offline
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    Joined: Mar 2009 Posts: 422
    03-06-2009, 05:36 PM #155

    2012

    Quote Originally Posted by trippingthespeculatingpos View Post
    it doesnt say the world ends, themayan calander keeps going well beyond, they say that the sun will fall ino the hole, meaning the sun will align from our perspective with our own galaxy, its kinda harsd to explain and understand, but no they do not say the end of the world.

    No No No what it says is "Cubs win World Series in 2012" and everyone just assumes the world then comes to an end.

  6. BTR is offline
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    Joined: Mar 2009 Posts: 71
    03-06-2009, 05:40 PM #156
    Hip-Hip Hooray , Hip-Hip Hooray ............

    And thanks once again to all of you that kept us newbies
    informed and willing to stay in for the long haul.
    Cheers to all Siri investors , maybe our day has come .

  7. sl62 is offline
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    03-06-2009, 05:47 PM #157
    relmor, asm...

    Our comments are still there at SA. Brandon has 30 comments (including our 6 or 7) so about 23. And mostly first timers...he's done. Have to say though he got ripped real good over there. I was LMAO...

  8. killerkaul is offline
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    03-06-2009, 05:53 PM #158
    Relmor ,sl62 ..................... is this the main thread now ??? Having trouble finding my way in this maze of threads we call our new home. Never thought I would be irritated at a rise in SP. Have been trying for days now to get a sizable piece of siri shares at .122 or less. Now have to figure out what I will have to pay on Monday. ..@^$%#*@+%$#@!&$! ...HELLLLLLLLLLLLLLLLLLP !!!! ..... GREED!!!!!!!!............... IT'S A WONDERFUL THING. OH......... by the way shots o "Jack " and Cubans all around...........Here's to the Dog !!! ..... ... killer.

  9. sl62 is offline
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    03-06-2009, 05:53 PM #159
    damage control by Brandon...

    today:

    >>Sirius XM Puts 2009 Debt Issues To Rest
    March 6, 2009 (1:09 pm) Brandon Matthews

    It is with great pleasure that I announce that moments ago Sirius XM issued a press release that puts to rest once and for all its entire 2009 debt issues.With those issues now resolved, it now appears that Sirius XM has resolved the main sticking points that were addressed in my recent article....<<

    yesterday:

    >>It is with great distress that I put pen to paper, or in this case fingers to keyboard. Sometimes people believe that SiriusBuzz is SiriusPump. Nothing could be further from the truth, and the buzz right now is Chapter 11. In a filing with the SEC, Sirius XM (SIRI) states:<<

  10. homer985 is offline
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    Joined: Mar 2008 Posts: 485
    03-06-2009, 05:53 PM #160
    Quote Originally Posted by mogami View Post
    Hi, That was 7.9% A 79% increase would have put us over .23
    No, 79%. The amount of equity increased signficantly today.

    ~~~~~~~~~~~~~~

    Prior to Phase 2 of the Liberty deal, there were 3.8BB outstanding Common and Preferred shares -- valued at $496MM. After Phase 2 of the Liberty deal, there are now 6.3BB outstanding Common shares (post Preferred conversion) -- giving that equity a market value of $889MM.

    The equity market value increased from $496MM to $889MM... a 79% increase.

    Normally with that much dilution, a stock's price would drop significantly -- as the market value would stay roughly the same. In this case, the market value of the equity jumped significantly. The market absorbed the dilution news -- and rather than sinking the price, it was a slight/moderate increase to the pps. But in all reality, the equity value increased signficantly.

    Now, it will be interesting to see what value the market places on the equity going forward. After the 2003 restructuring, the value of XM and Sirius combined was around $4BB. At the time of the merger, the combined value was around $12BB. Currently, it is just under $900MM (up from about $500MM). Where will it be valued eventually in a good economy? $6BB? If so, that would put the pps at close to $1 someday... not for awhile though.

    That's why a reverse split is imparative now, IMHO.


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