Sirius Weekly Thread Week of 8-31-2009

[underway]

just bought 28,000 at .60 ......woohoo! Now SP back to .62....nice.

[mrmertz]

Hey Hertz. That's the first time in a while it looked like the old days with that take down. Where the hell is SRK with his .72-.75 Poem???????????????????????????????????????

Egads! I was thinking back to when I was holding out for a tad more back on the morning of May 7th and the whole thing evaporated in seconds. Then I had to hold another few more months to make back my original profit margin. Ugh.

Boy, greed I tell ya...

[mrmertz]

GS is up, so the down code must still be tucked away. When GS goes South good luck to us all. Seemed like a nice a.m. to buy C on the open.

Yeah, it would have been. Low $4's was my buy-in for C but I have taken such a hammerin' lately on SIRI I couldn't swing it.

Oh well, there will be other days I'm sure. (Or I'd like to at least think so).

[mrmertz]

"Shorts appear to be on the loose"...(tremble)...crappers...not this garbage again until the CC! Grrrrrrrrrr...

[candleman]

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Nice move underway. I got in at .67 with megahertz.

I got in yesterday at .66 and again today at .605

We'll all be good in the longterm.

But, this may become a swing stock for awhile. Nice money can be made on 5 cent swings in one day!

[underway]

Yup....doubt we'll see any big runup till the next cc, assuming the good news we all anticipate. A few analyst 'buys' would help in the interim. The S&P guy raises the target to $1 and then reiterates 'HOLD'. That's weird. All these analysts are full of BS anyway...so who am I kidding? Who the F cares about those morons? just sayin'

[candleman]

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UP swings are nice. lol. Hey Candleman you better be going on a bike ride this weekend. Julie needs to go back to Chicago and Johnny needs to go golfing.

I agree my running friend. Somebody better go someplace, because my portfolio is looking like it needs some help!!!

[candleman]

I'll bet Big Ben is having a great day. That old BEAR!!!!

[Siriustunes]

Does anyone know when this should broadly hit the wires? Or will it?
So far I have not been able to find it on the S&P site and TDAmer is the only brokerage I have seen that has it posted.

S&P MAINTAINS HOLD OPINION ON SHARES OF SIRIUS XM RADIO
(Standard & Poor's)
With recent signs of some auto OEM stabilization likely further outweighed by continued anemic retail trends, we see about 18.2M and 18.0M subscribers by '09 and '10 end, respectively (vs. '08's 19.0M), considering cash-for-clunkers and iPhone app. SIRI seems to have weathered near-term financing hurdles, though probably not fully dissipated. Factoring $750M of new senior notes (partly on refi), we narrowed '09 loss per share est by $0.08 to $0.08, see $0.01 EPS for '10 (vs. $0.06 loss), and we raise our EV/Sales target price by $0.50 to $1, noting $7B of net operating losses.

[underway]

Are you kidding me did you not read this part of what I said. **"Dont believe it, hear it for yourselves goto Glen Beck, you dont have to believe Beck ether because he puts up the video of what these people have said."**

Goto the second video play the first 2 minutes of it it is a video of Mark Lloyd talking about what a great man Hugo Chavez is and how what he did to the media in Venezuela was a good thing.

I have to ask are you that blind that you dont even believe your own eyes when the video shows Mark Lloyd saying it himself.



http://www.glennbeck.com/content/tv/

John....I respect your point of view. I am fairly conservative, more a libertarian actually, but I viewed the clip and frankly don't see anything to it. I have no info on this guy Lloyd, but if you look at the clip by itself, it appears he's just recounting what Chavez did, not offering an opinion as to whether it was good or bad. He does note that Rwanda radio was misused by one tribe to incite genocide against another. I'll do some more research on Lloyd though.
Glen Beck is a windbag. He shouts and carrys on over everything and sees left wing conspiracies everywhere. He should go back to being a comedian, because he's clueless, long on hyperbole, and short on facts. I like O'Reilly. He's much more professional and even handed. Hannity used to be more like Bill, but he's becoming more like Beck, though more polished.
I'm not a fan of Obama policies, but, to think he's a radical socialist is not the case. He is advocating socialist policy in health care, and perhaps other things as well....all of which I disagree with. But guys like Beck have no credibility with me.