Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
interesting indeed
agreed, me too. It all happened so fast I seriously thought I was dreaming. The majority of trades went through in the first minute of trading.
Currently 500,000 sitting on the ask at .03....wow that changed suddenly. Now there is 386,500.
What the heck is going on and why no chatter here? Today is a BIG day for us. We haven't seen this action in a long time.
i still wanna know who bought the 429,000 at .09 thats and eye opener
209,000 another big buy. Someone wants in big time.
yes i watched them file 09 10 and 11 but did not file 2012 or 2013 they would file every february,wondered what happen to them also!they were like an 8% owner at one point!!
CITADEL ADVISORS LLC they owned more than 5% for a while prior to 3 years ago but it fell below 5% some time around the last sec filing
who bought 5% 3 years ago,afraid i do not know either!!
Today is also 3 years since we had a 5% owner change. Not going to pretend like I know what I'm talking about in this area but may have had to wait to not have the NOL's go surly. Would defiantly be nice to see a new 13D/G filing soon (wishful babble) lol. Good luck.
Today is also 3 years since we had a 5% owner change. Not going to pretend like I know what I'm talking about in this area but may have had to wait to not have the NOL's go surly. Would defiantly be nice to see a new 13D/G filing soon (wishful babble) lol. Good luck.
no clue but .03 on ask now weird
think it had to do with Deutsch Telekom / Ono rumour - news.
50,000 - .07
50,000 - .06
5,000 (x4) - .06
BUY 429,248 - .09!!!!
5,000 (x2) - .06
10,000 - .04
Congrats to those who made some $$ this morning. I was too late.
Currently:
.02 10,000 Bid
.03 279,000 Ask
seen it to looked like one market order that went as highh as.o7 someone else have level 2 on this!!!
WTH just happened? I thought I was dreaming.....
45000 shares traded after hours!!
Liked this, is that a hint maybe us?
If I had to guess, one is, and I think I hinted at it a little bit today, over time, we’d like to expand our footprint on an international basis.
Excerpts from transcript credit Seeking Alpha
The expansion of our CV platform gives us immediate credibility with OEMs, enhances relationships with key Asian and European OEMs, and improves opportunities at several others. We’ve acquired a smart team of technology engineers who are accelerating development of our overall connected car architecture, including the combination of satellite receivers with LTE hardware, a strategy that should also yield benefits to our existing audio business.
The CV business also gives us entrée to create a worldwide connected car platform, something of particular interest to our OEMs. We now have live connected vehicle service with eight OEM brands, with several others in the pipeline, making us the leading provider of these services to OEMs today. Much of the market is still uncommitted, and we believe our acquisition improves the odds of expanding our relationship with existing OEMs and winning new business at several key other OEMs.
We expect connected vehicle services to deliver close to $100 million of revenue this year, and we expect to grow this at strong double digit rates over the next many years. We are in the process of fully integrating the CV business into Sirius XM, and its financial results are embedded in our guidance today.
As an early stage growth business, we expect the connected vehicle services product line to contribute at or near breakeven on an EBITDA basis in 2014, but with high variable margins, a relatively low capex profile, and substantial scaling in the business as penetration expands, we see many similarities in the financial profile of connected vehicle services and satellite radio.
Just keep in mind the connected vehicle business is still in its very early days. Building this business is a key step in realizing our vision of a merged satellite and IP connected environment that will truly deliver amazing features to our subscribers and benefits to our business. The rate we are running is a marathon, not a sprint. It will take several years, just like satellite radio did, to fully deploy our connected vehicle services, but successful leadership now will create a significant source of growth in the years to come.
Jason Bazinet - Citi
Just had one question on your commentary regarding the worldwide connected car platform that you talked about on the call. If you go down that path, were you contemplating something that’s LTE based, that integrates Agero, or something that sort of mimics the architecture that you’ve had in the U.S. with satellites?
Jim Meyer - Chief Executive Officer, Director
I think a couple of comments on that, Jason. One, there’s virtually no auto company left today that’s not competing on a worldwide basis. And certainly all of the big ones are. And they are without question driving to global platforms that they then can localize to various geographies around the world.
Our vision, and what we’ve demoed to them and shown working hardware of, is a platform that combinations satellite and LTE in the North American markets and then it allows the satellite portion to be easily uncoupled everywhere else in the world, at virtually no cost premium to do that.
And so we’re providing them a very flexible platform that they could incorporate on a worldwide basis. What specific services strategies will evolve in those evolving regions is still work to be done.
Amy Yong - Macquarie
My question is on IP. You’ve helped us quantify some of the opportunities in telematics and the used car market. Can you do the same on the IP side? And on acquisitions, what other opportunities could you pursue?
Jim Meyer - Chief Executive Officer, Director
I think first and foremost, today we view IP as a way to enhance our service, not necessarily as a big channel for acquiring new subscribers. And so where our focus has been over the last few years is trying to get more and more of our base to both have a satellite and IP account, so that they can enjoy our programming in the car and enjoy our programming at home, seamlessly and easily or on the go seamlessly and easily.
And I don’t see any change in that, certainly in the next couple of years. That said, once this stuff becomes connected and this experience becomes blended, we’ll see. But I have to tell you, in our thinking over the long term, we are auto-centric and auto-focused, and that’s where we’re going to stay focused in both acquiring subscribers and keeping subscribers. But, we do believe that we have to make our service easy to use, robust, and available, frankly, over our terrestrial networks, over our satellite networks, and over our IP networks.
Amy Yong - Macquarie
And on acquisitions?
Jim Meyer - Chief Executive Officer, Director
I’m sorry. I don’t understand the acquisition question.
Amy Yong - Macquarie
What other opportunities could you look at? Telematics…
Jim Meyer - Chief Executive Officer, Director
I’m sorry, I thought you meant acquisition of the subscriber. Look, we’re always looking, and you know, I think you should assume that over the years, we will find some opportunities that match the strategy we’ve laid out for you pretty consistently over the last two or three years.
And again, we’ve got a lot we’ve looked at. We don’t have any we’re contemplating right now, I’ll be clear with you. But we are going to look hard, and if I had to guess, one is, and I think I hinted at it a little bit today, over time, we’d like to expand our footprint on an international basis. We want to do that slowly and carefully, and we want to do it along with the OEMs, not just charging out on our own, that scenario where, today, we don’t have what we need and we might look in that area.
And then I think we’re always looking in the connected world for a service opportunity or a partner that can accelerate our strategy in those areas. And I think that’s primary where we’re looking at in the acquisition funnel today. We continue to look at others, but we just haven’t seen anything that either excites David and I in a way that gets us even to a second step.
jel listened and totally agree embedded lte in north america,and that wasnt even smooth,purchasing power but cant find anything, world talk but no bandwidth over seas wow!!!
jel listened and totally agree embedded lte in north america,and that wasnt even smooth,purchasing power but cant find anything, world talk but no bandwidth over seas wow!!!
Satellite/LTE global telematics connected vehicle all over the Sirius XM conference call this morning. Meyer's even stumbling over his words when questioned. Take a listen to the replay.
An interview with Carlos Slim, who is one of the richest men in the world. This part of the interview is about the future of his investments.
2010 interview with King on CNN.
KING: We're back with Carlos Slim. We have a few minutes left. We know one of your principal business is telecommunication. What's the future? Where is it all going? Television, telephones, Internet, where is it all going?
KING: Where is it all going though? I mean, are you still investing in telecommunications?
SLIM: Sure, sure, sure. Yes, yes, yes. This year we will invest. Next year will we invest 8.3 billion dollars.
KING: In telecommunications?
SLIM: In telecommunications. Only in telecommunications because technology grow very fast. You need to be ahead. You need to be giving the best thing. And the good thing is that the prices are going down. We are very proud that the mobile and cellular service, we have a penetration like in Latin America of 90 percent. That's great, 90 percent penetration. It's near the same that US.
But now we need to do that in broadband.
KING: You loaned the New York Times quite a bit of money. Do you still have faith in newspapers?
SLIM: I think we need to make a difference between news and papers. I think paper is the tool, the way, the vehicle. And news is the contained. I think that it will be very important everyday more to give the news and the contain through electronic means, like I was telling about entertainment and I was telling about --
KING: But we'll always need papers?
SLIM: I shouldn't say yet, because I use paper. For me, it's difficult not to. But I think in the future, electronic will grow extraordinarily. Not in the future, it's growing extraordinary. And every time will be bigger. And the piece of the chair of the paper will be smaller in the world.
Wow that's a ton of shares! We haven't seen volume like that in a long time. Based off of the Ask recently, he may be able to get about 1/3 that at .03.
Maybe siriusxm is interested to buy the channels so their stations can also be tunes in from Africa and Asia. I remember my Chrysler had a Sirius radio receiver, I tried to tune it but as I was driving it in Asia it did not have any satellite reception. Makes me think ?
Hi Top thanks for pointing out that Worldspace is still broadcasting. Interesting mystery, I loved the radio satellite radio station. Will dust my receiver off and see if I can hear the channels.
kateric my brother in law wants 500,000 at .023
Ha! Well I can't deny that. Good luck everyone!
they must do filings or be current w/ their regulator to trade. the market mover pays six dollars ayear who is wrspq,s regulator the fcc in each country this must be current need more eyes on this.
kateric please google otcbb listing requirements i am looking now but need some help very interesting so far though.
Your post got me thinking. Forgive my ignorance, but does it actually cost anything for the company to trade shares? I have wondered for quite a while now, why does this continue to trade?
Any insight would be appreciated.
the next time one of my family wants shares,we can just negotiate the price right here.
Haha that's funny. It wasn't a lot of shares but enough for me to make a profit (I guess off of you :) sorry about that).
patience grasshopper why is it still trading,someone pays for that not free and for a reason!!
damn kateric when you asked me if i was the one buying twice i suspected you,now i going to have to beet you w/ a wet noodle!!!
I will admit I had to sell some at .03 a couple of days ago (couldn't resist a nice profit) and bought them back today at .02. I still think this volume/action is speculation on what we have been dreaming about for years.
Price action not what I'd like to see, but consistent increase in volumes here... just hope its not this group alone buying. Dec 2009 - 4 million shares brought us to .185. May 2010 - 4 million shares brought us down to .003. Jan 2013 - 4 million shares brought us up to .038 then .05 next day. Going to need a good rumor or news, and a whole lot more than 4 million shares to get it to where I want to see it. Just sayin'
Sure, he was interviewed on CNBC w/ David Faber this morning, and throughout the day, snippets and commentary made on it. Mostly pertaining to SIRI, TWC and LBTYA - but, additional comments on multiple opportunities in the space... just trying to read the tea leaves, as I read the charts.
Can you elaborate? I guess I missed it
Hey all. Interesting innuendo in Maffei's comments today, eh?
Wish I had news, wishing glta! Last year wAs great with nok , alu, siri! Would love to see this get taken back up to the 1$ range. Sounds ureal but I had some Siri for what seems like free now. Long shot I know ! But this one has kept me wondering as wamuq did , again glta!
Maybe a little speculation due to the Liberty offer for Sirius? Regardless good to see this up 100%.
Good luck everyone. I wish we had more to talk about here :)
Just curiosity..lol
thanks bepop you have more patience than me!
This is the only thing I found about OTN.
Global OTN Semiconductor Market 2011-2015
Industry
Electronic Component and Semiconductor
TechNavio's analysts forecast the Global OTN Semiconductor market to grow at a CAGR of 34.3 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for high bandwidths to sustain high data traffic. The Global OTN Semiconductor market has also been witnessing the emergence of ultra-high-capacity optical networks. However, limited infrastructure for fiber optic networks could pose a challenge to the growth of this market.
i think it might be time to start buying big again!
jel so right the 1st 3 were pulled out of bk and so will worldspace.
34 MHZ of L band spectrum covering 312 million Americans vs 40 MHZ of L band spectrum covering 5 BILLION people globally.
oh sorry 5 billion 1.7 billion in debt plus 3.3 billion,clearwire 7.7 billion cant remember the other one at&t bought wrspq would be the 4th company w/ L BAND bought out of bk
if bankrupt light squared L band is worth 3.3 billion what is wrspq L band worth wow.
Followers
|
24
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
4759
|
Created
|
11/20/08
|
Type
|
Free
|
Moderators |
1worldspace, formerly known as 'WorldSpace', is a bankrupt satellite radio network that is not currently broadcasting.
Worldspace provided service to over 170,000 subscribers in eastern and southern Africa, the Middle East, and much of Asia with 96% coming from India. The company has no subscribers. Interesting! The company has no revenue. Interesting!
Shares Outstanding:
42.82 million
http://www.google.com/finance?q=OTC:WRSPQ
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |