Btw, I have a sneaking suspicion they're taking it down to 3.35 again.
SIRIUS XM SATELLITE RADIO FORUM
Btw, I have a sneaking suspicion they're taking it down to 3.35 again.
I remember when Howard was only considered a NY DJ and he had to fight to get syndicated to other US markets in the 90s. I think Howard is first on Sirius list. Other short form video may be next. And I think that may go worldwide as well.Originally Posted by bdp.
NY Post
SiriusXM has already been filming his show and is planning to create other content as it looks to expand its mobile entertainment credentials beyond the car.
“What’s opened our eyes is short-form video,” SiriusXM Chief Executive Jim Meyer told The Post. “It’s an area where there’s lots of activity and certainly lots of opportunities.”
http://nypost.com/2015/12/15/howard-...-90m-per-year/
LA Times
Scott Greenstein, president and chief content officer for SiriusXM, told The Times that his company plans to get an app with Stern's content up and running before pursuing a larger video initiative. But he acknowledged that conversations along those lines have taken place.
"We're going to put our energy into getting the video right for Howard," Greenstein said. "We have a lot of interesting personalities and brands already under the umbrella that would be well suited for video, and others frankly that already have reached out and [would] be excited to look into this."
SiriusXM also agreed to a 12-year deal for use of Stern's extensive audio and video library drawn from performances, specials and shows spanning his entire career.
http://www.latimes.com/entertainment...214-story.html
Much easier to take a video app worldwide than sat radio. And a lot less expensive - No internet music royalties, no satellites launches. I don't know if they took the Howard video app idea from Mel, but Mel was the first one I heard say it on CNBC in November.
Last edited by MUSCLE13; 01-14-2016 at 12:54 PM.
Hope not, but if it drops to $3.50 I will buy again. Won't risk any more ammo after that. Hoping we already hit bottom.
It will be whatever Malone and Co. decide, I'm sure. Then another 3 quarters before we see $4.00 again. You know, who was the analyst that set a "harebrained" price target of 3.65 a short while back when we were already steadily trading in the $4+ range and every other analyst had targets considerably higher? Historically, almost every one of those obnoxious targets come to fruition. I seriously need to pay attention to the tasteless crust and not always be completely seduced by the cream filling!
Doubt Malone controls China problems and oil prices, which has caused this latest correction in the entire market. Last I saw Sirius price has dropped just like every other stock has done at the same time.
I agree, but my point is base more on using macro issues as a catylist to degrade the value. I have never seen a stock that is dropping in step with the marke and not also rise in step with the rest of much of the market. Not to be a conspiracy addict, but it is pretty consistent. The overall fundamentals just do not warrant this. Of course there's also the idea that Sirius has been so beaten down so often that selling is far less of a cautious decision than buying. (Siri is currently trading 22% off its high where the market is down 10%. Not trading in step with the market!)
Last edited by bdp.; 01-14-2016 at 01:29 PM.
Not looking good.
I WIN. GAME OVER. CHECK MATE. I CONTROL YOUR EVERY MOVE. WATCH WHAT HAPPENS NEXT
S&P 500 traded down about 1% (excluding 2% dividends) last year. Sirius was up about 16% last year. I guess Malone manipulated the S&P500 down last year, right??? LOL
Sirius also outperformed Liberty Media last year by about 5%. I guess Malone manipulated his own Liberty Media lower than Sirius' gains too!
I do not understand your LOL, but I'm sure it is appropriate. Your % gain figure is correct and worked greatly in the favor for the shares I sold off approaching the peak, but does not apply to very long positions. My point is that Sirius has a long history of trading this way and offers some great returns if you can time when to sell it and not be tempted to hold it too long. Trade in and out or hold until it provides a nice return and dump it, seems to be a better play.
On a side note, practically all my stocks are up 1.5% or more except Sirius. Practically everything on my watch list is kicking ass, except Sirius! Not to say that there is the rare exception, but most of the time, this is how it plays out.
Last edited by bdp.; 01-14-2016 at 03:01 PM.
At least for the time being, my decision to have sold out of my entire long position over the last few months above 4 bucks seems to have been the prudent play.I couldn't tell you how pissed i would have been if i had not sold and we retraced back to these levels. I may not have timed the top perfect but who really does? I sold well above 4 bucks and im very happy with my decision. I may have to pick up some here heading into earnings.
Good luck all
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