Posting it would get me similar coverage.Originally Posted by bassmaster
And is quicker.
SIRIUS XM SATELLITE RADIO FORUM
Posting it would get me similar coverage.
And is quicker.
bollinger really really tight right now.
Rick at the FOOL has a good article...Surprise,but he is usually bullish on SIRI
http://www.fool.com/investing/intern...tock-away.aspx
I re read Tylers article again. And something just popped into my head around 1 year too late. Because Im sure most people understand this sooner than me. once Sirius and XM merged the combined company was almost 100 percent relying on AUTO NUMBERS ALONE, PERIOD, by how they structured how they count subs. They were banking on good car sales for years, and didnt think they could ever drop this low. Only explanation, otherwise that decision made years ago on how to count subs was a total and dismal failure. of course its all cosmetic, but why buy cosmetics with lead in them.
Wasnt just sirius now, its siriusxm that is 100 percent "growth" oriented by auto sales. xm had more of a retail slant than sirius, for instance. circuit city shut down.... wow, this stuff that has dogged this stock is next to amazing to still be standing today... Im amazed looking back sometimes what this company has been through. and now on the literal cusp of making it all work out, we are trading for .43 cents a share. I need to go pinch myself and remind myself how lucky we all are.
closed at .43 down .10 with 158mil traded..it's a flat line right across the chart from about 11am on....
yeah Relmor you have just reincarnated yourself as a neewbe of 8 months or less,welcome to my world and how does it feel to not be a dinosaur!!!
:mic
during the CC, one exec said they only count subs where they get paid, either by the end user (retail, online, or automobile radio), or by the automobile company when it pays S-XM for several months of sub. Obviously, when the car company pays for X months, and the car owner decides not to sign up after that initial period, the sub drops out of the numbers. So, not sure if that's really a problem in counting subs. If they were to also count giveaway/trial subs, where no revenue is generated, that would be a problem. It does stand to reason that if auto sales are down, it's likely fewer paying subs will be had via that channel, either via instant direct signup or if car company paying for initial sub. So....did this exec speak the truth, or was it BS?
just received an email answer to my comment to Investor Relations, asking for my phone number so a rep can call me to answer my questions. Hmmmm.....is this how they reply normally.....or perhaps someone from sales will call and try to sell me 400,000 subs?
yeah they have been known to do that underway, let em know how shitty they sold this pr, they need some acting lessons on how to show enthusiasm. or let maffei run the damn thing.
Last edited by trippingthespeculatingpos; 05-07-2009 at 05:04 PM.
No its 100 percent legit, and he WILL call you. Nice guy.just received an email answer to my comment to Investor Relations, asking for my phone number so a rep can call me to answer my questions. Hmmmm.....is this how they reply normally.....or perhaps someone from sales will call and try to sell me 400,000 subs?
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