Siri Monthly Tread. September

[dm_4]

I don't watch football much either. However, I do get a kick out of the catchy names they come up with for the drug addicts, wife beaters, and cheaters. I wonder how many of those guys are high playing the game? More than you probably can imagine. I could careless about the decision either. They all have to live with it. Every time they look at their super bowl ring, they know they didn't earn it. Deep down, they know they are losers.

SIRI down today. Not much going on.

On to Buffalo!

[MUSCLE13]

Jessica reiterated Comcast $84 and Disney $130 targets on Wednesday. Very reassuring to me that Merrill is sticking with those targets even through the August volatility. Burke said TV advertising is strong during the media conference. Haven't listened to Jessica's Disney COO interview yet.

[midas360]

Definitely reassuring for you. HOLD!!!

Jessica reiterated Comcast $84 and Disney $130 targets on Wednesday. Very reassuring to me that Merrill is sticking with those targets even through the August volatility. Burke said TV advertising is strong during the media conference. Haven't listened to Jessica's Disney COO interview yet.

[MUSCLE13]

Definitely reassuring for you. HOLD!!!

Bought more of both during the drop. I am looking for new highs for Disney at December Star Wars release. Comcast is my biggest long term holding. I believe they are going to compete directly with YouTube in the next couple of months. That should change sentiment.

[midas360]

I really think you are on to something with Star Wars coming up in December. I bet that's where you get your biggest gain. I may have to follow you on this. Nice job!

Bought more of both during the drop. I am looking for new highs for Disney at December Star Wars release. Comcast is my biggest long term holding. I believe they are going to compete directly with YouTube in the next couple of months. That should change sentiment.

[MUSCLE13]

I really think you are on to something with Star Wars coming up in December. I bet that's where you get your biggest gain. I may have to follow you on this. Nice job!

Also I believe Sirius' biggest run will be in 2017 when SXM17 is released in cars. I believe it will completely change sentiment on Sirius. I think it could go over $6 in 2017 based on FCF per share. I intend to get ahead of it in 2016 adding to my Sirius position with Disney Star Wars profits.

[MUSCLE13]

Also I believe Sirius' biggest run will be in 2017 when SXM17 is released in cars. I believe it will completely change sentiment on Sirius. I think it could go over $6 in 2017 based on FCF per share. I intend to get ahead of it in 2016 adding to my Sirius position with Disney Star Wars profits.

I also believe that Netflix, although it is expanding all over the world, is going to be hit with so much competition over the next 5 years that it is not going to know what hit it. I see a Pandora type bubble formation all over again. Typical momentum internet stock that is not supported by earnings. I never short stocks. And I won't short Netflix. But I have a very hard time justifying it's valuation. I think the future is not good.

[MUSCLE13]

I also believe that Netflix, although it is expanding all over the world, is going to be hit with so much competition over the next 5 years that it is not going to know what hit it. I see a Pandora type bubble formation all over again. Typical momentum internet stock that is not supported by earnings. I never short stocks. And I won't short Netflix. But I have a very hard time justifying it's valuation. I think the future is not good.

By the way Netflix is already down about 25% off its high last month. I think Wall Street is starting to see exactly what I see - An onslaught of competition, increasing content costs, no solid earnings visibility, and 300 times eps valuation.

[user34615145]

I also believe that Netflix, although it is expanding all over the world, is going to be hit with so much competition over the next 5 years that it is not going to know what hit it. I see a Pandora type bubble formation all over again. Typical momentum internet stock that is not supported by earnings. I never short stocks. And I won't short Netflix. But I have a very hard time justifying it's valuation. I think the future is not good.

While I agree with your supposition that Netflix is going to face competition from many fronts in the coming years, I'm curious if/why you think SiriusXM radio is immune from the same?

[MUSCLE13]

While I agree with your supposition that Netflix is going to face competition from many fronts in the coming years, I'm curious if/why you think SiriusXM radio is immune from the same?

It takes hundreds of millions of dollars to acquire the audio content like Howard NFL MLB that Sirius has. These Internet music streamers like Pandora and Spotify don't make any money. They simply don't have the cash to compete for content. Sirius has those resources. Now I was scared Apple Music might do it 3 years ago. But they haven't and have shown no signs of ever competing for top audio content other than music.

Hulu and Amazon are spending billions to compete with Netflix on video content. So are HBO and Showtime spending. And now Alibaba entered the video streaming market in China and the rumors are swirling in the press articles about Apple spending on exclusive video content. Make no mistake about there are companies with resources competing for video content. Tell me who is spending on audio content other than music on the net?