SIRI intraday and weekend thread Friday 6-19-09

[SiriMonkey]

Quote:
Originally Posted by julietoo
It just occurred to me, on Fast Money no mention Howard was
not on the new app.
Maybe it won't make a difference he's not on there.

Julie

MLSiri wrote: Julie, I think these clowns were so surprised by the upbeat SIRI news that they froze and couldn't respond with the usual smarmy comebacks that could have neutralized the information. They are smooth when in control, but experience the same emotions when ambushed. They experienced the same fear and panic that they create on a daily basis for long investors. JMHO




Julie, I understand your point about no-HS is not as big a deal as percieved (even to HS fans), and I completely agree with you.

My point: bashers will use the no-HS card, or other negative ideas, whenever they can to prevent even one positive perception when it comes to SIRI. That's their job - bash.

These clowns weren't ready for this positive SIRI report from their own CNBC Silicon Valley bureau chief and they froze. Normally they would have used the no-HS card, or utter other feeble anti-SIRI BS (they tried with "...SIRI is just another .35 stock..." and other disparaging remarks about this being bigger for Apple than SXM), but they couldn't even think to use any of it because they panicked. I believe they are scared of what is coming soon because they are shorting SIRI stock. We'll see.

Also, the portion of today's Fast Money program this video report came from was not included in the replay on CNBC at 8:00 PM PST. They shorted the program to 30 minutes when it normally goes for an hour!! LOL Someone better download that video now before CNBC removes it from their site.

Tell me someone isn't fearful now.

Long SIRI

Mike

Hi Mike,

I am glad I was able to make myself clear on my no HS point.

I watched the video a second time, observing their faces. They all
appeared dumfounded, key word being DUMB.

That video will be a classic. Maybe they can show it at the next
stockholders meeting. 3 Stooges Plus 1

Julie

[MLSiri]

Hi Mike,

I am glad I was able to make myself clear on my no HS point.

I watched the video a second time, observing their faces. They all
appeared dumfounded, key word being DUMB.

That video will be a classic. Maybe they can show it at the next
stockholders meeting. 3 Stooges Plus 1

Julie

Julie, nice! I'll be there! It'll be a UTube classic, too!

[dread]

http://www.cnbc.com/id/15840232?video=1158602588&play=1

thats what got us running today.

Thanks for steering the boat, and keeping us informed!!!!

We all know who is shorting SIRI, and it is apparent now that its us, the individualist, against the collective!!!

What a great video!!! It looked like he was trying to hold his dukey from squeaking into his pants!!!

I guess its GE against SIRI!!!!

Freedom of speech, against propaganda!

[bassmaster]

if people are still debating the importance of howard stern on the sirius app, this is my opinon. howard stern is not a big deal to be on there, but it is a big deal for him NOT to be on there. charles , 30 years old?? younger than me and i feel younger than you.

[bassmaster]

doesnt anyone understand competition or war or capitalism? you cant give your enemy ammunition to hurt you.

[bassmaster]

i dont know, maybe its time for mel to go and get some new young guns in there that are on top of the game. can anyone dispute my opinion that what mel has done cant be done by someone younger and more eager to battle for this company's shareholders? look at the facts, what has he done for any of us longs? except for the new breed of S/H that came in during BK rumors, we are all losing. the bottom line is getting better and the stock price is worse.

forget sentiments and feelings. i want somebody who will battle for my stock price like its his life. the way most CEO's do. you got the merger, you got the synergies, you got the distribution networks, why the f.ck dont any of you deal with the people dragging this stock down. im not calling out a conspiracy , im just saying you have to answer to us and we're all getting ignored.

im a shareholder your job is to make me money. not for you to be quiet and keep me in the dark of why stern is not on the app, or why MM's seem to manipulate this stock and you dont do shit about it.

any of you morons that mention how mel said he will take care of the shorts last year 1 more time ...grrrrr..the stock price hit .05 they got taken care of FIRST CLASS on a G5. fkn idiots.

all i ask is you use common sense and not wishful thinking. cause most of you are day dreaming.

i am long , will remain long because i am a hardheaded fck that still blindly believes i will make money on this stock at some point and i am not letting go of my shares... LONG AND STRONG but mel get on the ball already, if your tired give it up to someone who can handle all the responsibilities of being a CEO.

[JohnnyIrishXM]

i dont know, maybe its time for mel to go and get some new young guns in there that are on top of the game. can anyone dispute my opinion that what mel has done cant be done by someone younger and more eager to battle for this company's shareholders? look at the facts, what has he done for any of us longs? except for the new breed of S/H that came in during BK rumors, we are all losing. the bottom line is getting better and the stock price is worse.

forget sentiments and feelings. i want somebody who will battle for my stock price like its his life. the way most CEO's do. you got the merger, you got the synergies, you got the distribution networks, why the f.ck dont any of you deal with the people dragging this stock down. im not calling out a conspiracy , im just saying you have to answer to us and we're all getting ignored.

im a shareholder your job is to make me money. not for you to be quiet and keep me in the dark of why stern is not on the app, or why MM's seem to manipulate this stock and you dont do shit about it.

any of you morons that mention how mel said he will take care of the shorts last year 1 more time ...grrrrr..the stock price hit .05 they got taken care of FIRST CLASS on a G5. fkn idiots.

all i ask is you use common sense and not wishful thinking. cause most of you are day dreaming.

i am long , will remain long because i am a hardheaded fck that still blindly believes i will make money on this stock at some point and i am not letting go of my shares... LONG AND STRONG but mel get on the ball already, if your tired give it up to someone who can handle all the responsibilities of being a CEO.

Good Morning Bass,go read my post in how much SXM make thread,let me know what you think now...Does anyone here actually read the reports..
Get a copy of the Annual report and look at expenses for each year going forward...

[JohnnyIrishXM]

Quote:
Originally Posted by relmor2003
Make? Zero. Ebita will be destroyed with writedowns and capex. 2010? A good year? 100 million dollars. Wild guess. That would impress the hell out of me. Might be able to get a decent refi if they actual book profits.


Relmor,if your numbers come true as posted here SXM will be BK by end of 2010,that's how far off you are..

First off,with the new revenue streams coming fast and furius,it is hard to exstrapulate numbers on EPS positive as of right now without seeing 1 full Q of reported REV..But take an educated guess for you here.
1.The royalty pass on will add $140 million to bottom line in 2009
(july29th till Dec 31 2009 )$2 per month for 14.5Mil subs=$180m
For 2010 it is $360m to bottom line with todays sub numbers(no additions of subs)
So right there EBITDA is raised to more than $500m...for 2009(2010=well over $1billion to me)
2.Best of Rev for 900k subs as of 1Q cc for rest of year and any we add to will also increase EBITDA..
3.$2.99 on line fee implemented end of 1Q(no numbers yet)but 3Q's of rev from that.(didn't impact 1Q rev)
4.No appreciable debt due until 2011,2009 was pushed back and Dec bonds will be taken care of with the final $100m loan from Liberty.
Capex for Sat launch was pushed back to 2010 and next 2 sats are at SXM's discretion to cancel or push it back..XM-5 is already paid for...
The credit facility due is 4 payments which 1 was paid in May this year and rest is accounted for already=$175m with final next may 2010..
5.For 2Q i'm looking for .01 to .03 EPS minus Adj..Last Q was -(.01) with -(.07) with Liberty Adj.
The rest of 2009 (3Q and 4Q) looking for Real .08 EPS total...
6.Now 2010 is the Gift from Mel to us share holders,I'm conservatively expecting (get ready) plus $1 billion profit for the vyear,of course all the IF's being taken into account,SATS crash and all that...

Notice I Didn't even mention I-Phone,that is the wildcard..
If you read the Annual report,the Liberty deal was done to give SXM 2 years of basically debt free to get their house in order and show a huge profit to pay off existing debt and refi what they can't ,further out at better prices.
It was Mel's and Malone's master plan and in my opion it is working great.

Chew on that for awhile..

P.S Thanksgiving will be a very goor time for all of us at SXM shareholder land,
With 3Q report CC in Nov. with great guidance in OEM,EBITDA and Positive EPS(first time) given this stock will soar...
__________________
Phila. Phillies 2008 World Champs!!!
Someday hoping to say Eagles World Champs

Posted it here,gave wrong link...

[bassmaster]

Good Morning Bass,go read my post in how much SXM make thread,let me know what you think now...Does anyone here actually read the reports..
Get a copy of the Annual report and look at expenses for each year going forward...

i promise i will read it now, then read again and reply to it tomorrow, i am drunk i had a hot chick here , then her boyfriend kept calling her and CB'd me so im just pissed and venting.

[JohnnyIrishXM]

i promise i will read it now, then read again and reply to it tomorrow, i am drunk i had a hot chick here , then her boyfriend kept calling her and CB'd me so im just pissed and venting.

Sorry to hear that as i'm laughing my ars off typing this....
Get some sleep.as for me i fell asleep early putting my son to bed and woke up at 4am loaded for bear...Where the hell is everyone at,it's only 6am!!!