SIRI Monthly Thread July 2015

[dm_4]

+1 Muscle?? +1MUSCLE???? You complimented User's post to the sky, I trashed it as rubbish, and you say +1 MUSCLE???

Good Lord...............

Muscle you are confused.....I replied via a multi quote which shows your response and users reply. I was giving you a +1 because your response was spot on. It does take time....many years in fact!! Its obvious those clowns did not listen to the conference call.

To be clear...Users post is trash...100%!!!!!

[MUSCLE13]

Muscle you are confused.....I replied via a multi quote which shows your response and users reply. I was giving you a +1 because your response was spot on. It does take time....many years in fact!! Its obvious those clowns did not listen to the conference call.

Yes I realized after the post it wasn't Midas. I deleted it. Sorry about that.

[user34615145]

One of the dumbest posts I have ever seen User. Things take years to change in cars. This isn't smartphones. It took Sirius well over a decade just to get preinstalled in 32% of cars on the road and it will take another 5-7 years to get to 65-70% of cars on the road. This was a post from a person that obviously has never followed the radio business or the car industry. There is a distinct difference between radio and music streaming. Period. Just like CDs were going to destroy terrestrial radio in the car in the 90s. Yeah right!

You have no clue what you are posting about. No clue!

Muscle I think you and are on the same page a lot more than you might think. First of all I agree with Mel that it's all about content.
But allow me another analogy...UBER. Five years ago Uber didn't exist and if you wanted to own a cab in NYC you had to pay hundreds of thousands - maybe millions o f dollars for a medallion license. That was their moat. and the riders were their content. If you would have suggested to the CEO of the top cab company that some little upstart might cut their marketshare in half, he would probably responded much like Meyer did "you think what we've built can just be copied by some other competitor - Not likely and certainly not without a lot of time and money"
Then along comes Uber and Lyft and they simply bypass the moat and change the way the content is delivered.....I have no clue what SiriusXM's Uber might be...I'm not that smart. I'm just saying that for Meyer to claim he's got the jump on any competitor because it took them years/decades to get where they are...well that's just hubris speaking.
On a side note: you seem very uptight today - in fact for the last few days. Lots of folks here just want to chat...which means it's a two way conversation, not "I'm right and you're stupid"....

[MUSCLE13]

Muscle I think you and are on the same page a lot more than you might think. First of all I agree with Mel that it's all about content.
But allow me another analogy...UBER. Five years ago Uber didn't exist and if you wanted to own a cab in NYC you had to pay hundreds of thousands - maybe millions o f dollars for a medallion license. That was their moat. and the riders were their content. If you would have suggested to the CEO of the top cab company that some little upstart might cut their marketshare in half, he would probably responded much like Meyer did "you think what we've built can just be copied by some other competitor - Not likely and certainly not without a lot of time and money"
Then along comes Uber and Lyft and they change the way the content is delivered.....I have no clue what SiriusXM's Uber might be...I'm not that smart. I'm just saying that for Meyer to claim he's got the jump on any competitor because it took them years/decades to get where they are...well that's just hubris speaking.
On a side note: you seem very uptight today - in fact for the last few days. Lots of folks here just want to chat...which mean it's a two way conversation, not "I'm right and you're stupid"....

You are comparing cab riders to media content. Nice......What world am I living in? I need to get to my other media stocks

[bcoz]

Personally, this one marks "game on". It's the first such analysis I've seen. Any thoughts Muscle?

.http://seekingalpha.com/article/3371...7ae8d14e6f654e

[MUSCLE13]

Personally, this one marks "game on". It's the first such analysis I've seen. Any thoughts Muscle?

.http://seekingalpha.com/article/3371...7ae8d14e6f654e

Liberty only makes an offer for Sirius if the discount to the NAV is low, like it was last year. They won't do a dilutive acquisition. I like it when the discount is high like it is now because it keeps Sirius independent or a candidate for a RMT.

I do believe the Sirius buyback takes care of this all eventually and I think Liberty eventually combines Sirius, Live Nation and possibly a record label together in Liberty Media one day. I believe that's their end game. But I want Sirius to stay a pure play independent. Nobody in media grows cash flow like Sirius - alone. But it sure ain't up to me or you. Our job as investors is to invest in the cash flow growth.

[user34615145]

Hate to say it but it really has no connection. Midas seemed to like it though so there's a fan, I guess.

Sheesh! Tough crowd! I thought i made a perfect connnection, but then your comment would probably gets a "+1" from my kids too. I guess. They'd be rolling their eyes and going "there goes dad off on one of his stories again."
Sorry, i'll try to keep it relevant next time. 👌

[bcoz]

The important thing to take away from this is exactly what I posted some time ago (month or two.. I think I posted it on SA but may have been here) and then again today or yesterday or both... can't remember... here saying to watch LMCA / K. There is / was greater upside to LMCA / K than SIRI.

That needs to catch up so eyes should be THERE looking for the break. LMCA / K have been depressed vs. SIRI for a good amount of time now.

Consider LMCA / K activity yesterday and today and you should be able to see what is going on or get a general idea of it. SIRI grinds here, LMCA / K pull up, and SIRI can then move.

Could only need to exceed the 50 day MA... there really isn't overhead resistance beyond that. The 100 is inconsequential in my opinion. LMCA / K today ended on the 50.

Watch the volume.

I remember you giving that insight. Thank you.
I don't use options-- I'm the "happy hoarder"-- but the recent SF commentary on options was also a must read.

[MUSCLE13]

It *is* investable when things are to be spun out and that discount is unlocked in the spin, such as was seen with Starz.

I got a great way to close the NAV discount fast. Spin out Sirius in a RMT and then make Mel CEO again. I know I am dreaming, but Meyer's contract is up in October and Sirius has underperformed the S&P 500 since Mel left 2 and a half years ago.......

Dreams Dreams Dreams

[MUSCLE13]

Reminiscing about the 90s. I loved this merger. It locked in a 1000% 4 year return for me. My first 10 bagger as Peter Lynch used to call them

Radio Ink -

Do You Remember Mel?

Nearly 20 years ago it was announced that GroupW/CBS Radio would be merging with Infinity Broadcasting. That would give Mel Karmazin control of 83 stations, a roster of stars including Howard Stern and Don Imus, Infinity Radio Sales, Westwood One Radio Networks and Shadow Broadcast Services. Enough power to put him on top of our power list in year one. He would remain in the top three for 8 consecutive years before leaving radio. Clear Channel CEO Lowry Mays was a close second, followed by Jacor CEO Randy Michaels. At the time Clear Channel had 104 stations and Jacor owned 53. Of course, eventually those two would merge. Here's a look back at the entire 1996 list of the 40 Most Powerful People in Radio.


http://www.radioink.com/Article.asp?...964&spid=24698