SIRI Intraday Thread Thursday June 18th 2009

[GoHerdGreg]

I downloaded the app today onto my iPhone. Some impressions:
1. It does exactly what it should do. I can listen to Sirius XM on my iPhone, see the artist/song info, etc.
2. No bugs. It works.
3. I don't listen to Howard Stern, so as a listener, I am unfazed by his absence.
4. As a shareholder, I am absolutely befuddled as to Stern's absence. The guy makes more money than God, he should be wherever and whenever Sirius XM says he should be. No questions, no contract renegotiations...just show up and perform. You're paid one hundred million dollars per year. Perform. Cash check. Repeat.
5. As I only have a built-in (BMW) Sirius tuner in my car, this app is a blessing for me in that I can now listen to Sirius XM in my house via the home stereo. Or while out and about.
It also works VERY well when I plug my iPhone into the Bose Sounddock. Sounds good.
6. Is it worth $2.99 per month? I have 6 days left to make that decision.
[EDIT]
7. Sirius XM can't market/promote/PR their collective ways out of a paper bag. This much is plainly obvious over the last 24-48 hours. Amateurs at best. Most of the higher ups are paid FAR more than they are worth. IMHO.

[JohnnyIrishXM]

btw, from a T/A standpoint, this afternoon could be a head fake. we'll have to see tomorrow if people buy it up.

LOL @ me saying it could be a headfake, it seems like everytime it makes a big drop i think its a headfake..LMFAO

yeah it is funny how we all say that...But it is always something with the SXM plan,,,,hurry up and wait should be their logo...

[SiriMonkey]

Sorry to burst your bubble,but you have the wrong site for Cheerleaders,that would be another site maybe,we only deal with objective facts here not rumors or hype or conjecture...

And always with links to corroborate the facts.
Right, Johnny!

Julie

[JohnnyIrishXM]

Exactly.

But here we are. It makes zero sense. The issue here is a legal contractual issue but there is no reasoning as to why that would ever satisfy me. They have had almost a year to get the contract ironed out and they did not. I dont know if its because Howard has his own private application in the works or if he is just holding out for more money, either way, this is inexcusable.

They would have been better off waiting for Howards own official app to drop along side the Sirius XM app (if that is the case) OR waited for Howard and Don to work things out as far distribution goes and got those channels out on this application.

The fact that there was insider sales from people who had information about Howard not being on this application the day before it dropped, should be criminal. The stock skyrockets on leaked info about its release, they sell, and then the negative press of this app hits the street killing the price. Why is that not criminal? I am honestly asking.

• CFO David Frear sold 191,260 shares
• VP Dara Altman sold 136,620 shares
• Officer Scott Greenstein sold 232,250 shares
• VP Patrick Donnelly sold 232,250 shares
• Officer James Meyers sold 273,230 shares

Charles that was end of year stock bonus's instead of cash last month and they filed with sec that they would be having planned sells every 2 weeks in 5% tranches,,,not insider sells,,

[SIRIHILL]

BassMaster:

I did not follow any of what you wrote...so if you were asking me a question about what I wrote please condense it.

[bassmaster]

Charles that was end of year stock bonus's instead of cash last month and they filed with sec that they would be having planned sells every 2 weeks in 5% tranches,,,not insider sells,,

not that big of a deal to me either johnny, but if wanted to take the conspiracy theory side.. wouldnt it be like they scheduled the APP release to concide with their tranche sales?

[bassmaster]

BassMaster:

I did not follow any of what you wrote...so if you were asking me a question about what I wrote please condense it.

wasnt asking you a question. i just laughed at your sarcastic post ( assuming you were being sarcastic???) .. then i went on my own little rant totally unrelated to your post

[SIRIHILL]

not that big of a deal to me either johnny, but if wanted to take the conspiracy theory side.. wouldnt it be like they scheduled the APP release to concide with their tranche sales?

The app has a release date of June 3 attached to it, so one could perhaps make a case that it was released in in conjunction with inside trading but it would be a guess in my opinion.

[JohnnyIrishXM]

And always with links to corroborate the facts.
Right, Johnny!

Julie

Hey julie,always a link if possible ,you know it girl!!!!!

[JohnnyIrishXM]

not that big of a deal to me either johnny, but if wanted to take the conspiracy theory side.. wouldnt it be like they scheduled the APP release to concide with their tranche sales?

posted last week it would probably be that day..LOL
or next week when the doomsday Russell index kick out happens,so i guess Howard announcement will have to be then...