well see thats ur problem, no wonder ur selling every little gain you cant even afford skeeball, well dont let me stop you from putting food on the table. have a safe day.
SIRIUS XM SATELLITE RADIO FORUM
well see thats ur problem, no wonder ur selling every little gain you cant even afford skeeball, well dont let me stop you from putting food on the table. have a safe day.
be back in an hour,have to take junior to school..
A good call overall. As I thought, they really concentrated on the EBITDA numbers. Seeing the increased guidance was good.
Big Items:
- New guidance of $350 million adjusted EBITDA
- iPhone application - look for this early to mid June
- New GM deal - I want to get more info on this. It was a LONG extension (2020)
- Lower SAC
- They prepped us for the sub numbers in Q2 by speaking about Chrysler plant shut down.
- Libery is a "Lender" and Investor.
- Will be able to pay debt obligations of 2009 as well as 2010
- Advertising is off by 20%. Turn around will be slow IMO
Tyler Savery
Satellite Standard Founder
yeah hopefully we can create a floor around .50 but god knows there is no predicting this shit unless your ben then u can just say its going down then when it eventually does come on and claim you are the bestest of the best.
volume and volatility has almost completely stopped right now.
Nobody really wants to sell -weak hands dropped out early in premarket.
yeah sxminvestor i wonder where we end up today im calling a close of .60 and ben selling all his shares at .55
Guidance up
The growth in adjusted income from $31.8 million in the fourth quarter of 2008 to $108.8 million in the first quarter of 2009 should give investors comfort that we are well positioned to exceed $350 million in adjusted income from operations this year, an increase from our prior guidance to exceed $300 million."
Though the marketing section of the call was a little anti-climatic, the increase in 2009 adjusted income guidance is to me the most substantial statement SXM has made since the announcement of the merger. The main thing I got out of the cc is that this company is now focused squarely on the bottom line. Which is exactly where they need to be.
They have a huge opportunity to market to dormant Satrad owners, that takes much less than the $61 SAC they currently have. The funny thing is I have spoken to people that bought used cars and do not have a clue that they have a Satrad, much less what rich content is available.
All in all, a good report. I agree there will be limited pull back opportunities from here on out.
Big Ben, I would wait to see .61 or .62, I also would not count on low forties. I would look to see low fifties if it gos to the sixties this time.
thanks for your advice Trip and Ben. I will wait and try to get more around .45.
What i am really interested in knowing is how stocks (in general) on the day of the CC usually behave during the pre-market VS after the bell (i bought CSE which also had their CC at 8am today and is up in the pre off of moderately good news).
Is there any pattern that usually presents itself when there is somewhat positive news during the CC? For example, do people over react to a little bit of good news during premarket which drives the price up only to have a bunch of sell offs after the bell which drives the SP back down? Or does the opposite usually happen and people are reluctant to buy on the little bits of good news but become more confident as the day goes on causing the price to increase further into the day? Or is there really no pattern?
If my questions makes no sense, please ignore.
well as of right now they are on track for over 400 million of adjusted income, how sweet would it bee if we can keep up over a 100 mil a qtr
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