Tripp will have to rent out that crystal ball, if that happens.Originally Posted by RunCatalina
$0.84 here we come.
1-800 TrippsBall for reservations
Julie
SIRIUS XM SATELLITE RADIO FORUM
Tripp will have to rent out that crystal ball, if that happens.$0.84 here we come.
1-800 TrippsBall for reservations
Julie
Hey guys (and Julie) my order for for 1 mil shares at $0.01 just went through!!
naaaah, just kiddin . .
somebody should call-up Blaylock (hint-hint Relmor) and yank him around a little; would love to hear is rationaliztion of that alleged $0.01 trade based on his "30 years experience in the business" or whatever that tired-out line is that he regurgitates call-after-call . . .
http://www.thestreet.com/story/10526...w-friends.html
a suprisingly upbeat article from thestreet
.45 high .43 close thr .49 close fri
I do hope your right, romo, then I sell some shares.
Julie
Very positive. "Up a whopping 230 percent" sounds VERY upbeat.
Julie
short interest changes...sirius top 5 decreases. not sure if anyone posted this yet
http://www.reuters.com/article/marke...30600820090624
I was watching level 2 today a lot. Didnt seem like a lot of retailers were unloading this time at .40. I saw a few MM's seem perfectly content grabbing shares at .40, when if they had all agreed to lower there bid to the lowest NASDAQ or ARCA bid, they could have. Usually let nasdaq buy when its going lower, allowing them to jump and and grab shares being sold to them by a certain few mm's who play the stock daily. I was encourgaed that there was no mid day retrace. Seems to be a different pattern. Going to be hard to trade this stock for a while, IMO. I think down spikes off no news might be off the table for a while. Im hoping for a close tomorrow over .40. Id like to see some heavy volume buying over the .40 cent line. I saw a lot of dumping and buying at the end of day, but definately more buying. Smaller chucks were selling, larger chucks were on the buy side. Of course be careful, I still see .36 possible on any given day. And we all know that SiriusXM management seems to hate when the stock price goes up, so watch the news wire closely. If the notes come under 10% dont even think, just buy(IMVHO, DYODD), at least for a quick look see. If it comes in under 13%, thats still a 2% savings, and an extention to pay. Keeps COH solid for at least one more year. These notes were graded, so a buyer must be close.
Investment grade B bonds are not junk bonds, like that hack reported today, and that "rumored" rate is a bit high for a B graded bond, even in this inflationary environment. If you could have 8% return for the next 4 years in this market, with the dollar tanking, and the market unknown, i think people would take it, especially making it senior secured, and investors see so many new revenue streams being added. Id still be happy with 10 percent. Makes the Malone deal a little better, and the SP should reflect that debt interest relief. The street has to price in that that deal, the Malone deal was going to play out, they arent assuming anyone can get refi's or issue bonds anymore. Its a suprise to me, to be honest, there being graded B is a surprise too, and I think has alot to do with why the price is holding gains the last few days.
Last edited by relmor2003; 06-24-2009 at 08:07 PM.
The Sirius XM iPhone app just dropped from #2 to #3 on the free app list. Is this a sign? Was its time at the top this short lived?
I hope it jumps back up but, this is the exact reason I wasn't crowing about it's position on the day of its launch.
I also still can not get anyone to comment about what 500k downloads means as far as new subscribers or upgraders. The will not comment on a conversion rate instead they will only talk about the total downloads, probably because that number is the better news for them?
Charles LaRocca
SiriusBuzz Founder
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