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.
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.
I think they still have 4 billion. that $500 million was there own insider money.
From Barron's:
RBC Capital Markets maintains an Outperform rating with a target price of $95 a share, representing an upside of 36%.
Alibaba will likely report December Quarter (FQ3:16) results in early February – We are forecasting December Quarter revenue of RMB35.3 billion, above consensus at RMB32.8 billion. Our projections for EBITDA of RMB 20.1 billion(57% Margin) and Adjusted EPS of RMB6.09 are also above Street estimates of RMB17.3 billion (53% Margin) and RMB5.76, respectively. Based on intra-quarter data points and our model sensitivity work, we believe Street December Quarter estimates are reasonable, with upside bias.
BEIJING— Alibaba Group Holding Ltd. has hired a fakes-busting veteran to a new anticounterfeiting role, a move to address the fake goods that have long drawn criticism to the Chinese e-commerce giant.
Matthew Bassiur will join Alibaba next month as vice president, head of global intellectual property enforcement, Alibaba said in a news release Monday. Mr. Bassiur previously oversaw anti counterfeiting for Pfizer Inc. and Apple Inc., and was a federal prosecutor for the U.S. Department of Justice before that, Alibaba said in the statement.
“Matthew’s appointment is the latest step in Alibaba Group’s comprehensive and industry-leading efforts to fight counterfeits,” said Alibaba Executive Chairman Jack Ma in the statement.
An Alibaba spokesman said Mr. Bassiur will help develop the processes for the company’s global anti counterfeiting efforts, while working with Alibaba’s industry partners, government regulators, law enforcement and other organizations.
$85 by NY? Yes, or by tomorrow.
Sadif upgrades Sirius XM Holdings Inc. (NASDAQ:SIRI)
SEP 18, 2015 Markets Staff
Sadif has updated its view on Sirius XM Holdings Inc. (NASDAQ:SIRI) with an upgrade to Above Average from Average. After assessing various data points, Sadif is convinced that SIRI is a high quality business with neutral outlook. When compared by the closest rated peer Entercom Communications Corp. (NYSE:ETM), SIRI comes out as greater undervalued and with the potential to outperform the market, according to Sadif.
The other favorable factor is that SIRI’s business has been growing strongly in the recent times and its fair value exchange has also been stable compared to that of Entercom. When it comes to stock mark ratings, Sadif sees Sirius XM Holdings Inc. (NASDAQ:SIRI)’s total quality rating (SMT) at 84 and rating based on management is 67.
On a consensus basis, Wall Street sell-side analysts have a mean target price of $4.655 for Sirius XM Holdings Inc. (NASDAQ:SIRI). This number is based on the mean estimate from the 10 research firms that recently issued reports on the company.
According to analysts, Sirius XM Holdings Inc. (NASDAQ:SIRI) is expected to report earnings per share for the current fiscal quarter of $0.03. This is the consensus mean estimate based on the individual covering sell-side analysts’ reported numbers. The company last reported earnings for the period ending on 2015-06-30 of $0.03.
The average broker recommendation is arithmetical average of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock. On a scale of 1 to 5 where 1 is a Strong Buy and 5 is a Strong Sell, has the stock is ranked 1.91 based on 10 sell-side broker recommendations. Of the 10 analyst estimates, the most bullish sees the stock reaching $5.25 within the next 12 months while the most bearish analyst sees the stock at $4.25 within the year.
In looking at the long term growth prospects of the company, sell-side analysts have a consensus mean earnings per share estimate for the current year of $0.13. The high end estimate for this time frame is $0.14 with the low being $0.12. In looking at the next three to five years, the long term earnings per share estimate growth rate for the company is 29.35%, based on 3 analysts providing projections.
Missed Jim Meyers call, is there a source besides seeking alpha to read it? Or does anybody know what the highlights were?
Please correct me if I'm wrong but doesn't Drone aviation own the blimp in a box now? If so, and if they did inject 25m into the program wsgi would not see a penny.
As a sidenote, the concept of drones in the media are now very predominantly of the free flight type.
WSGI shareholders don't even know if wsgi owns any TRKK. Completely in the dark.
Is Smarttrader25 buying again? up 44% .0013
new owner of FB here. Been watching it for awhile, could not pass up the opportunity yesterday. bought, sold, made a few bucks and bought back in again for long term.
Saw an ad on CNBC shortly after closing today for TRKK, has the pump begun for it? Anybody heard any developments for what I see is one of the only assets WSGI has?
Many differences between a 3 month 90,000 feet winged electric aircraft and what this company was working on. Mostly, Zuckerberg is building that with change from his pocket. My guess will be that he is successful, another big difference.
pre-market means nothing. Lost momentum.
At this point it does not look like we are breaking through $4
Consider me positive.
"A fool is a person who does not learn from others experience" -- Ben Franklin
7/30/2015 12:38 CMT
Agreement for $210 million settles royalty case.
On June 17, 2015, our subsidiary, Sirius XM Radio Inc., entered into an agreement with Capitol Records LLC, Sony Music Entertainment, UMG Recordings, Inc., Warner Music Group Corp. and ABKCO Music & Records, Inc. to settle the case titled Capitol Records LLC et al. v. Sirius XM Radio Inc., No. BC-520981 (Super. Ct. L.A. County), which challenged our use of sound recordings fixed prior to February 15, 1972 ("pre-1972 recordings"). Pursuant to the settlement, we will pay the plaintiffs, in the aggregate, $210 million on or before July 15, 2015 and the plaintiffs will dismiss their lawsuit with prejudice. The settlement resolves all past claims as to our use of pre-1972 recordings owned or controlled by the plaintiffs and enables us, without any additional payment, to reproduce, perform and broadcast such recordings in the United States through December 31, 2017. As part of the settlement, we have the right, to be exercised before December 31, 2017, to enter into a license with each plaintiff to reproduce, perform and broadcast its pre-1972 recordings from January 1, 2018 through December 31, 2022. The royalty rate for each such license will be determined by negotiation or, if the parties are unable to agree, binding arbitration. The plaintiffs have represented and warranted to us that in the United States they own, control or otherwise have the right to contract with respect to approximately 80% of the pre-1972 recordings we have historically used.
good luck to him on the day trades. Would not touch that form of trading myself.
Who didn't see that coming? :)
.0012 2.2 mill on the bid - must be you?
must be true, it's on the internet now and like that old ad said "You can't put anything on the internet that isn't true".
If this turns out to be true st25 you may be one of the most popular guys to ever hit this board in time.
Hog, this may be a million to one shot using and incredible stretch of my imagination, but they may have left as a condition of someone investing. Pretty good imagination huh? :)
sure hope you are correct st25, but there is a huge amount of well founded skepticism here, most if not all will not believe it.
You being from Miami may make a few to wonder....there was a Florida connection once.
Smarttrader25, are you buying enough to push it into the .002's? Just wondering.
MM inventory has nothing to do with $$ but # of shares in inventory to do their job.
Another 1+million shares. If this is an MM why are they loading up so much?
NITE has 3mm on the bid at .001 - 4mm all together at .001. Still could be MM but who knows.
BB that was hilarious
MM's need shares to do what they do.
over a million shares today, but probably MM loading up.
Those were class C shares.
A dividend is not going to happen in the current setting.
Genuwine, you need to do more DD. SIRI is in a buyback mode and the lower they buyback the better for us long term holders. Play the swings if you want to try and make short term. Long term will be excellent.
WSGI now has 2.2 m shares of TRKK.
We went from a deal for 10 m shares worth 10m originally to 2.2m shares of trkk worth a little over 5m right now.
Now that's called horse trading....just not by wsgi.
TRKK has been holding above $2 currently $2.30. Haven't seen much chatter about this.
Most of the C-corps in this area are not publicly traded, including mine. Tax advantages.
Friday the 13th seems a good day to consolidate anyway.
As long as it is not named Icarus.
High was $9.43 on 12/1/04, volume was 3,334,160,200 shares
It's only $144.35, nothing to see yet.
Which is now worth what?