SIRI Weekly Thread 8-10-09

[candleman]

45 orders filled at 100,000 shares each at .525, what the hell was that.

That might have been 4.5 million reasons why we're not going to see the forties again!

[Sirius Roadkill]

I just posted this in a new thread . . it's the CNBC hack job from the Power Lunch show:

http://www.examiner.com/x-11279-Howa...irius-XM-video

ha, PS . . Julia Boorstin, frequent reporter on Seeking Alfalfa . . good move "Buzz" on pulling your work from that waste bin . . lay down with dogs, wake up with fleas

[Sirius Roadkill]

Liberty Media CEO: Sirius XM Can Only Go Up

August 10, 2009

Back in February, Liberty Media Corp. lent Sirius XM Radio $530 million for a 40 percent share in the company. On Friday, Liberty Media's CEO Greg Maffei gave the satcaster a boost of confidence, saying the company has already hit its bottom and is on the way back up.

"You'd be hard-pressed to find a media company out there that is growing at the rate [Sirius] is growing," Maffei said on a Q2 conference call, reports The Wall Street Journal. "We're convinced [the company has hit bottom]," Maffei added. "The [second-quarter] results seem to demonstrate that."

Maffei also added that while bankruptcy was considered a possibility for the satcaster early this year, Sirius XM is in much better shape now. "We're talking now about how much this equity is worth," Maffei said. "I think this is a great business."


p.s. Tyler . . this is why I think the "multiple" comps that are being talked about by RBC are B.S.

sirius xm has no true peer group in media . . maybe you could look at subscription TV business as a comp but they are relatively mature by comparison and face a different competitive landscape . .

Where exactly does David Bank factor-in revenue growth in his E.V. model (rhetorical quest)

[SiriMonkey]

Liberty Media CEO: Sirius XM Can Only Go Up

August 10, 2009

Back in February, Liberty Media Corp. lent Sirius XM Radio $530 million for a 40 percent share in the company. On Friday, Liberty Media's CEO Greg Maffei gave the satcaster a boost of confidence, saying the company has already hit its bottom and is on the way back up.

"You'd be hard-pressed to find a media company out there that is growing at the rate [Sirius] is growing," Maffei said on a Q2 conference call, reports The Wall Street Journal. "We're convinced [the company has hit bottom]," Maffei added. "The [second-quarter] results seem to demonstrate that."

Maffei also added that while bankruptcy was considered a possibility for the satcaster early this year, Sirius XM is in much better shape now. "We're talking now about how much this equity is worth," Maffei said. "I think this is a great business."

Thanks, Srk, great find! Especially the 'We're convinced the company
has hit bottom" part. Sounding pretty positive and upbeat.

Julie

[Siriusowner]

Steady climb to .6 this week! Have to be positive.

They can't climb too far from 0.50. That is the target price. Eventhough analyst "upgrades" are worthless, in order for SIRI to steadly climb and don't give up gains, it needs an analyst "upgrade" and target revision.

[Siriusowner]

Liberty Media CEO: Sirius XM Can Only Go Up

August 10, 2009

Back in February, Liberty Media Corp. lent Sirius XM Radio $530 million for a 40 percent share in the company. On Friday, Liberty Media's CEO Greg Maffei gave the satcaster a boost of confidence, saying the company has already hit its bottom and is on the way back up.

"You'd be hard-pressed to find a media company out there that is growing at the rate [Sirius] is growing," Maffei said on a Q2 conference call, reports The Wall Street Journal. "We're convinced [the company has hit bottom]," Maffei added. "The [second-quarter] results seem to demonstrate that."

Maffei also added that while bankruptcy was considered a possibility for the satcaster early this year, Sirius XM is in much better shape now. "We're talking now about how much this equity is worth," Maffei said. "I think this is a great business."


p.s. Tyler . . this is why I think the "multiple" comps that are being talked about by RBC are B.S.

sirius xm has no true peer group in media . . maybe you could look at subscription TV business as a comp but they are relatively mature by comparison and face a different competitive landscape . .

Where exactly does David Bank factor-in revenue growth in his E.V. model (rhetorical quest)

Pump, pump, pump it up...

[JohnnyIrishXM]

well someone knows something,10 mill buy at end and then more and then 5 mil so far in AH,geez,who is selling?Short position going long maybe..

[Siriusowner]

.49, up a half penny!

Cheer up cheerleaders, Yei !!! Ajuaaa !!! Another half penny and I can retire !!! Just joking...

[john]

I just have to.



For those that recall all the crap I got for saying it was ridiculous for congress to be getting on the CEOs of the big 3 for taking private jets. Well looky here, 8 new jets at a cost of 600 MILLION for congress. So where is all the out rage now, at congress. Hey lloyd are you going to vote for these hypocrits.

[Siriusowner]

sorry again...


anyways might as welll make my post on siri. i am totally suprised by todays action. a few more days like this and i think its safe to say that the 30's are gone forever.

Nothing is forever...