I know i have been talking about the 50 being support(and my personal thought on any possible lows) but look at the 30 MDA. The bottom shadow on the candles have been kissing it and it seems to be giving support too.
SIRIUS XM SATELLITE RADIO FORUM
I know i have been talking about the 50 being support(and my personal thought on any possible lows) but look at the 30 MDA. The bottom shadow on the candles have been kissing it and it seems to be giving support too.
man it seems like all the penny flipping bens out there are trying to take advantage of the 1 cent swing so they can buy back at .40 or lower again.....
guys guys guys (and julie) words are words, we all know whatever mel says that is postive (we will be FCF positive) doesn't matter until it is on paper in an official document....
Did anyone wonder why mel didn't just give the company the $3MM to make that happen this quarter...
im telling you, to go from -$311MM to -$3MM is fishy...somehow they purposely made FCF barely negative this quarter...it may have been done to keep the price low for a while longer...maybe to do the shake out of weak hands like is being mentioned above...
yeah romo that -3mm # is not even whats being reported by all the major sites, they are reporting it at over 200 million loss. they are not ignoring the liberty deal.
http://www.forbes.com/2009/05/07/sir...-earnings.html
"On Thursday, Sirius reported a loss attributable to shareholders of $236 million, or 7 cents a share, compared with 2008's first-quarter loss of $104 million. The quarter's results included a loss of $186 million related to stock issued to Liberty Media ( LCAPA - news - people ) Group in exchange for a more than $500 million loan that helped the company meet debt obligations and dispel the possible threat of bankruptcy."
obv is looking ugly but price is going up, hrmmmmmmmm
I include Funds with inst,same thing as far as big money..Originally Posted by S50Fan
any stock quote page will give it to you.this is from AOL finance..
Company Overview: SIRI
You might say radio programming from this company comes from a higher plane. SIRIUS XM Radio (formerly Sirius Satellite Radio) operates a satellite radio system serving more than 19 million subscribers ... View Full Description
Ownership: Funds (17.91%) | Institutional (31.76%) | Other (1.62%)
SIRIUS XM RADIO INC Institutional OwnershipOwnership Breakdown: SIRI
as of 3:01 AM EDT Large Block Holder Type Number
Institutions 331 Total Number of Shares Held 3.86 B % of Shares Owned by all Large Block Holders 100.00%
Mutual Fund 299
Other Major 22
Total Number of Large Block Holders 652
Top 10 Institutional Holders: SIRI
Name Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Vanguard Group, Inc. 118.36 M 41.43 M 0.01% 3.07% Low
Jennison Associates LLC 169.46 M 20.33 M 0.05% 4.39% Low
Putnam Investment Management, L.L.C. 129.42 M 15.53 M 0.04% 3.36% Low
Apollo Investment Management, L.P. 91.86 M 11.02 M 2.78% 2.38% Low
OppenheimerFunds, Inc. 85.67 M 10.28 M 0.02% 2.22% Low
T. Rowe Price Associates, Inc. 82.74 M 9.93 M 0.01% 2.15% Low
Barclays Global Investors, N.A. 69.97 M 8.40 M 0.00% 1.81% Low
RiverSource Investments, LLC 66.8 M 8.02 M 0.02% 1.73% Low
MFC Global Investment Management (US), LLC 56.11 M 6.73 M 0.08% 1.45% Low
ClearBridge Advisors 33.62 M 4.03 M 0.01% 0.87% Low
Total % of Shares Owned by:Top 10 Holders 23.44% Top 25 Holders 27.94% Top 50 Holders 30.54%
* Value of shares is estimated based on the closing price of the month in which the shares were purchased.Top 10 Mutual Fund Holders: SIRI
Name Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Putnam Voyager Fund 110.95 M 13.31 M 0.58% 2.88% High
Vanguard Total Stock Market Index Fund 20.8 M 11.86 M 0.01% 0.54% Low
Jennison 20/20 Focus Fund 52.09 M 8.33 M 0.84% 1.35% Medium
Oppenheimer Global Fund 49.49 M 5.94 M 0.07% 1.28% Low
Legg Mason Partners Aggressive Growth Fund, Inc. 21.76 M 4.42 M 0.09% 0.56% Low
Putnam VT Voyager Fund 29.19 M 3.50 M 0.50% 0.76% High
Vanguard Mid-Cap Index Fund 28.39 M 3.41 M 0.03% 0.74% Low
Prudential Series - Value Portfolio 20.34 M 3.25 M 0.42% 0.53% Medium
Prudential Series - Equity Portfolio 20.19 M 2.42 M 0.11% 0.52% Medium
RiverSource Variable Portfolio - Large Cap Equity Fund 18.74 M 2.25 M 0.17% 0.49% High
Total % of Shares Owned by:Top 10 Holders 9.64% Top 25 Holders 13.94% Top 50 Holders 16.11%
* Value of shares is estimated based on the closing price of the month in which the shares were purchased.Top 10 Other Holders: SIRI
Name Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Karmazin (Mel) 26.53 M 15.12 M — 0.69% Low
Parsons (Gary M) 13.4 M 7.64 M — 0.35% Low
Zients (Jeffrey D) 1.33 M 760,380.00 — 0.03% Low
Susquehanna International Group, LLP 6.15 M 737,969.00 — 0.16% High
Greenstein (Scott A) 3.76 M 602,231.00 — 0.10% Low
Donnelly (Patrick L) 2.83 M 452,855.00 — 0.07% Low
Frear (David J) 2.72 M 434,788.00 — 0.07% Low
Meyer (James E) 2.08 M 333,307.00 — 0.05% Low
BNP Paribas Arbitrage SA 1.05 M 126,226.00 — 0.03% Medium
KBC Groep NV 526,106 63,133.00 — 0.01% Low
Total % of Shares Owned by:Top 10 Holders 1.57% Top 25 Holders 1.62% Top 50 Holders 1.62%
* Value of shares is estimated based on the closing price of the month in which the shares were purchased.
Last edited by JohnnyIrishXM; 05-08-2009 at 02:17 PM.
Well Well,looks like the bids have been raised a penny or two,maybe buyers are realizing there are no shares to speak of under .42 to .43 range
Buy orders have been steady at 3450 on level2 all day with all bids at .40 and way under that...
Sell orders started at 6000 then went to 4600 range,but just jumped to 5200..impatience showing up?
Last edited by JohnnyIrishXM; 05-08-2009 at 02:34 PM.
obv just came back to life, we could see an eod run up, maybe we finish in the high .40's afterall.
Finally...one media story that actually explains the reason for (.07) loss....one time charge. If it weren't for the charge, SIRI would have beat estimates on per share basis. Nevertheless, would have missed estimate on sales and of course, neg subs a problem. So....if iPhone app launches soon and is successful with millions of downloads and signups for sub, then we're in good shape. That could offset auto related issues. Will this happen? I can see thousands (perhaps million?) of existing SIRI customers adding an iPhone streaming app to get S-XM programming on the go, outside their cars. Even if they have portables now, many might go for having one device for phone and S-XM.
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