SIRI Intraday Updates for the Week of 3/16/09

[john]

http://messages.finance.yahoo.com/St...&frt=2#4142934


awesome post on yahoo

I dont know about that, he gets confused between EBTIDA and FCF 300 in EBTIDA does not translate into 300 million in FCF, as a matter of fact it is no were close.

[relmor2003]

Up again, but barely. If we fail to break .40 today, might get a pullback to test .36. Like a few more days between .36 and .40 to better support price to this point. Thats if we cant break .40 cents. Main markets confirming breakout from yesterday today. Futures arent doing justice to what you are about to witness today. Dont get too excited, but a decent chance of 8000 by Friday. Oils the key. Took off despite no drop in supply. Dollar index tanked. Bad. So...... All asset classes priced in dollars must go up. Including the main market.Plus the FED plan will have a short term benefit to the economy(not long term).

[JohnnyIrishXM]

Good morning everyone,ready for a sideways kind of day !!!!
Hope not but think it will be,could get a buy in at .34 or .35 today...

[asm610]

If anyone is interested BAC is looking good in level 2 volume on the buy side today 8.14 in pre-market and climbing.



TOP OF BOOK
SHARES PRICE
4,099 8.18
6,900 8.17
5,886 8.16
7,600 8.15
7,070 8.14

Bids8,000 8.13
7,200 8.12
7,492 8.11
7,390 8.10
3,413 8.09
Total Shares
168,842
LAST 10 TRADES
TIME PRICE SHARES
08:45:15 8.14 100
08:44:42 8.15 900
08:44:42 8.15 200
08:44:42 8.15 400
08:44:42 8.15 400
08:44:42 8.15 100
08:44:33 8.14 1,600
08:44:33 8.14 200
08:44:33 8.14 700
08:44:32 8.14 300
Last updated 08:47:11

[sl62]

Just read this on a news report, what does it mean
Sirius XM notes registered for trading
2009-03-18 15:42:00
Font size:
That $172.5 million of notes due in 2011 that Sirius XM swapped for notes that would have been due in December have now been registered for public trading. So, we now know that the biggest chunk was held by a group of John Hancock bond funds. What we don’t know is whether the old notes were bought at the original issue price, or later at a deep discount.

Six different John Hancock funds are listed as holders of the notes in the SEC filing to register the new issue for public trading. In all, the John Hancock funds hold notes with a face value of $55,395,000. Goldman Sachs and Co. is next with $32,808,000 held by its various units, plus another $16,775,000 held by Goldman-managed Liberty Harbor Master Fund I LP. Long Island International Limited, controlled by Barclays Capital, and Credit Suisse Securities are each listed as holding $20 million. 10 other investment funds hold the remainder.

Under terms of the swap, the new notes will bear interest at the same 10% rate as the old notes through December 1, 2009, to be paid in cash. From then until December 1, 2010 the notes carry a cash interest payment of 10% plus a payment in kind (PIK) payment of 2% annually in new notes. From December 1, 2010 to the final maturity date of June 1, 2011 the cash payment will be at an annual rate of 10% and the PIK payment at an annual rate of 4%.

thanks for the post. More housekeeping...all the ususal suspects...

[asm610]

Look at this screen shot taken moments ago:




Sirius Satellite Radio Inc.
Orders Accepted
11
AsksTOP OF BOOK
SHARES PRICE






Bids100 0.3800
100 0.3700
100 0.3600
100 0.3500
100 0.3400
Total Shares
9,600
LAST 10 TRADES
TIME PRICE SHARES
08:42:49 0.3950 300
08:38:37 0.3895 3,300
08:29:04 0.3850 2,000
08:28:16 0.3850 2,000
08:04:06 0.3900 2,000

[JohnnyIrishXM]

It's Pre-Market but seeing first ligitiment Sell orders for .50 interesting?
Guessing for a run-up early like last 3 days ,maybe?
Attacking .40 cent steel wall again ..

[sl62]

If anyone is interested BAC is looking good in level 2 volume on the buy side today 8.14 in pre-market and climbing.



TOP OF BOOK
SHARES PRICE
4,099 8.18
6,900 8.17
5,886 8.16
7,600 8.15
7,070 8.14

Bids8,000 8.13
7,200 8.12
7,492 8.11
7,390 8.10
3,413 8.09
Total Shares
168,842
LAST 10 TRADES
TIME PRICE SHARES
08:45:15 8.14 100
08:44:42 8.15 900
08:44:42 8.15 200
08:44:42 8.15 400
08:44:42 8.15 400
08:44:42 8.15 100
08:44:33 8.14 1,600
08:44:33 8.14 200
08:44:33 8.14 700
08:44:32 8.14 300
Last updated 08:47:11

asm..

good luck with your BAC...

btw..I happened to notice that BATS is covering Real-time Pre. Not that anyone needs it but I think that's new for them...so what do we have here this morning .399 on 1.1M? Not bad...

[sl62]

It's Pre-Market but seeing first ligitiment Sell orders for .50 interesting?
Guessing for a run-up early like last 3 days ,maybe?
Attacking .40 cent steel wall again ..

Blue Horseshoe loves the .50s...

[Lithium24]

I am thinking of sell 1/2 (20,000 shares) today at 42ish if we get there. Only problem is Ill have to wait for the 3 day settle before I can buy back. Im under the 90 restriction which sucks because it ties my hands a little.

You think this would be a mistake? Im just getting itchy to take a little profit. Im thinking Damien is right to talk about a pullback. It has to go red at somepoint, doesnt it? lol.