SIRI Intraday Updates for the Week of 1/12/09

[billhart22]

Bill, I am the one calling out this guy... (SiriusXMInvestor, I mean). I have called him out repeatedly with him producing absolutely nothing but circumstantial evidence and not a single shred of hard evidence.

That does not excuse the fact that this still should be a civil forum. I never once have resorted to personal attacks or insults.

I am not saying that I agree with ANYONE. All I am saying is STAY CIVIL.

Newman, you are absolutely right! I say stay civil and present facts, or shut up. Predictions are cool, just don't try to bend a stock. I know that you are totally neutral with SIRI investments now and would love to get back in, but what is, is. I hope that there is a margin for you! I want to see every SIRI investor win!

You are a great guy!

Bill

[billhart22]

Hi gang-

Totally new to the market as well as this board. Wife and I are "dipping our toes" into buying stocks...Going to go slow at the beginning and cut our teeth. I took some finance classes in College but that was a long time ago...

I've been a fan of Sirius/XM for several years now and its stock intrigues me. At its current selling price, it seems we almost can't lose.

I understand that any growth can only come after they take care of the 2 headed debt monster they have in front of them...so, this is a longer term proposition, for sure.

I apologize in advance for the elementary nature of my questions, some of you guys are speaking a language I surely don't, lol...

Question: What happens to people holding SIRI stock should they declare bankruptcy?

Thanks very much in advance and I hope to be able to contribute intelligently...someday...



Bill

Tense times, Bill....it could either pay or back to the ATM. It is just a matter of how much you want to risk. If you have a couple hundred that doesn't matter to you, then buy. If you cannot afford to lose that much, then don't. At this point it is a pure gamble. Information is too rare.

If you want to break in, try CY, LVLT or ABK (long). Great stocks, but they will drive you crazy with volatility. LVLT is a great one, so far.....CY never loses in the long run so far and ABK is one that is an 80 dollar stock selling below 2.00, but have patience, and I have no guarantees for any of them. You are on your own, but check them out.

Before buying anything, I want you to know that I am not personally responsible. You are on your own!

That was a disclaimer against liability.

Night,

Bill

[billhart22]

Bill, I am the one calling out this guy... (SiriusXMInvestor, I mean). I have called him out repeatedly with him producing absolutely nothing but circumstantial evidence and not a single shred of hard evidence.

That does not excuse the fact that this still should be a civil forum. I never once have resorted to personal attacks or insults.

I am not saying that I agree with ANYONE. All I am saying is STAY CIVIL.

I totally agree, I have seen you call out to procure the facts, but nobody can produce them. KUDOS to you Newman, you are a smart man and I appreciate it!

[Siriusowner]

Comparing SIRI to Circuit City is ridiculous. Circuit City was a crummy retailer that could not compete with it's largest rival, Best Buy, at all....

The 2 largest competitors in the sat rad space have now merged into the combined company, SIRI. Unlike Circuit City, it is a growing business and revenues are growing - even in this economic environment.....

That was not a comparison... You missed the point, as usual.

[Siriusowner]

Hi gang-

Totally new to the market as well as this board. Wife and I are "dipping our toes" into buying stocks...Going to go slow at the beginning and cut our teeth. I took some finance classes in College but that was a long time ago...

I've been a fan of Sirius/XM for several years now and its stock intrigues me. At its current selling price, it seems we almost can't lose.

I understand that any growth can only come after they take care of the 2 headed debt monster they have in front of them...so, this is a longer term proposition, for sure.

I apologize in advance for the elementary nature of my questions, some of you guys are speaking a language I surely don't, lol...

Question: What happens to people holding SIRI stock should they declare bankruptcy?

Thanks very much in advance and I hope to be able to contribute intelligently...someday...



Bill

If they declare bankruptcy, shareholders lose every penny.

Hopefully you have not bought SIRI yet. The price seems tempting but you can still lose everything.

Check their balance sheet and talk with your investment adviser.

[R-U-Sirius]

If they declare bankruptcy, shareholders lose every penny.

Hopefully you have not bought SIRI yet. The price seems tempting but you can still lose everything.

Check their balance sheet and talk with your investment adviser.

He is right about this. Remember every stock is a risk. There is no such thing as a sure thing. But man would you be happy as hell if this stock did pan out and you brought now with long-term thinking. You should speak to an investment adviser they will just tell you I wouldn't do it. At least the 3 I talked to. But I invested anyway because somethings to me don't add up which I won't get into on this board. So let the doom and gloomers be that and the optimistic be just that as well. You have to do your own homework and make that decision because in the end if you do or don't one way or another you could be sick down the road. Best wishes to everyone.


Sirius Long - 40291 and growing in shares.

[Demian]

Whatever they do. They better do it fast. Circuit City R.I.P. is scary. They could not refinance and they could not find a buyer...

Siriusowner,

You claim that you were not comparing Circuit City to Sirius in any way with your post and you say that I missed your point...

What was your point in saying that SIRI had to take action fast and then bringing up Circuit City's situation and calling it scary?

I should be scared as a SIRI shareholder because of Circuit City?

What was your point?

[Demian]

If they declare bankruptcy, shareholders lose every penny.

That is not necessarily true. It could be argued that the shareholders could get back even more of a return than the current share price. The shareholders would get in line behind the debt holders. I believe that the company is worth more than it's current market cap - even if it's assets were put on the auction block...

[SiriusXMInvestor]

SiriusXMInvestor: Still not a shred of solid proof. How strange, considering all of the "proof" that Hartlieb states that he has. All of this work going on behind the scenes... what is the secret? I thought you were trying to inform and protect the shareholders? Why not inform us of the proof you have...

Did you ever think that the proof cannot be revealed until the appropriate time? Do you show your poker-hand to all before betting? You never reveal your evidence before it reaches the court of law. Newman, you ought to know better. There is enough evidence floating around openly now to, perhaps, put some behind bars. I would not want to be in the shoes of Mel, Black or Blalock for all the money in the world.

[sxminvestor]

Sirius has the cash to pay off Feb convertibles, so they should have 3 months to come to terms with the May debt & then another 6 months to deal with December converts.

One obstacle at a time.