To thyself be true
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Top 10 Other Holders: SIRI
Name Shares Estimated Value of Shares * Holdings Shares Outstanding Turnover Rating
Karmazin (Mel) 8.5 M 8.67 M — 0.22% High
Greenstein (Scott A) 4.27 M 4.35 M — 0.11% Low
Donnelly (Patrick L) 3.37 M 3.44 M — 0.09% Low
Meyer (James E) 3.35 M 3.42 M — 0.09% Low
Frear (David J) 3.79 M 3.30 M — 0.10% Low
Gilberti (Lawrence F) 1.29 M 1.32 M — 0.03% Medium
Altman (Dara F) 965,818 985,134.00 — 0.02% Low
Shaw (Jack) 703,641 717,714.00 — 0.02% Low
Holden (James P) 466,831 476,168.00 — 0.01% Low
Mooney (James F) 387,329 395,076.00 — 0.01% High
Total % of Shares Owned by: Top 10 Holders 0.70%
Retail Longs held this stock put today............. 4-May-10 08:49 pm
From another board (which I agree with)
Several times throughout the day, short pressure leaned on this stock and held us at bay. The DOW was down 260pts and they STILL couldn't thump us.
Clearly, the theory that shorts have become stuck is now in effect. The fact that 80% of this stock is owned by the retail space tells us this is being lined up for a mother of a squeeze over $2.
SIRI will not go under 1 dollar again....:o} Why would it, the guidance as skimpy as it was, they believe the trend will go up according to what they see it has been. Car sales are up and the economy is getting feet etc.
Good thing...lol Liberty's is on Thurs.
Mel said many years ago before he bought XM, we pay off everything up front, now you are starting to see action. Remember Mel said the stock price is his report card, don't bet against him.
Sorry meant to put on SIRI board.eom
Mel said many years ago before he bought XM, we pay off everything up front, now you are starting to see action. Remember Mel said the stock price is his report card, don't bet against him.
Over time these points will be huge for SiriusXM
1-May-10 Post copied from Liberty Disc. Board.
1. We all know about the 100 million of free cash flow that Sirius created in 2009. They have also stated that there will be 500 million new subscribers in 2010. So in the first quarter of 2010 they have a subscriber increase of 171,000. We know that at this point every new account coming into Sirius that 70% goes immediately to the bottom line.171,000 new subscribers equals about 10 dollars per month(actually a little more)so 171,000 times 10 dollars=1,710,000 times 70%. That equals about 1 million dollars per month just for the new subscribers rite to the bottom line. This doesn't include anything from 2009.
2. Next Sirius announced a 113,000,000 early debt retirement. Interest on this debt was 10% and grew over time. Interest on this amount was 11,300,000 per year of about 1 million dollars per month.
3. So with two small moves made in first half of 2010 Sirius has increased cash flow by 2 million dollars per month.
4. Now i realize this company has to repay 100,000,000 30 more time because total debt is still around 3 billion dollars. But every time they did what they just did, it brings a million dollars a month to their bottom line.
5. Their cash position on Dec.31 was 389.34 million dollars. Last year they generated 100 million in free cash flow and most of that was in the second half. Conditions are incredibly better with car rates near 12 million per year so they may be generating 50 million in free cash flow a quarter. I think we could see a lot of early retirement of debt which makes cash flow grow at incredible rates.
6. I strongly believe subscriber growth will continue and every new one goes 70% bottom line.
7. For those who want stocks buybacks I think that's ridiculous. The best use of money right now is payment of debt. That and subscriber growth will take the stock higher.
8. This is a guess but interest on 3.09 billion dollars is 31 million dollars per month.imagine how the stock will rise if the debt was gone and we could add 31,000,000 to earnings per month.
Talk about Monkey business...lol eom
HeHe-Really like this part of SIRI's problem. It looks like it might be the MM's who are going to have the problem and be caught in a short squeeze.
........At last report, Sirius XM short interest rose by 28 million shares, yet a chart comparison indicates that these new short positions are deep in the red. Shorting Sirius XM now is financial suicide, even for the market makers. The unwillingness to accept these losses has created a market maker dilemma, because those short positions must be covered…yet as I pointed out….no one is willing to sell at this price, at least in any significant share volume.
The retail investor base is to blame for this. Despite the experts view that Sirius XM has too large a float, very few of those shares are available. In fact, 79% of Sirius XM’s shares are in the hands of retail investors. This number has not changed in nearly a year, indicating that the majority of Sirius XM shareholders are still not willing to give up their shares to the institutions that are now lining up to acquire them. It just so happens that the market makers are now competing for Sirius XM shares with the clients they serve. Technicians refer to these periods as accumulation periods........
Talk about contradicting your own headline. This is what he says:
7 Stocks With a Bright Future
Then he goes into some jibberish about SIRI's business model.
what really concerns me is the company's entire business model.
Obviously he was too late investing. Sounds like sour grapes to me....lol
turbodog posted this link
http://www.fool.com/investing/general/2010/04/29/7-stocks-with-a-bright-future.aspx
Premarket $1.19 Vol. 1,656,286 EOM
GREAT news Foxy and May 4th 1st Quarter, it is going to be an interesting and profitable week.
Agree blackcat even AAPL did.
A friend of mine bought and also bought SIRI, he is a happy camper...;o}
Wadda me say...lol Just got home YIPPEEE!!! Knew it.
Huge-Tuesday April 27, 2010, 7:02 am
DEARBORN, Mich. (AP) -- Ford Motor Co. says it earned $2.1 billion in the first quarter, another sign the economy is improving as people spend more on big-ticket items like cars.
The Dearborn-based company says net income per share was 50 cents in the quarter. That's an about-face from the same period last year when it lost $1.4 billion, or 60 cents per share, at the height of the recession.
The company says it was profitable in its key North American market, but it also made money in Asia, Latin America and Europe.
Ford's U.S. sales rose 37 percent for the quarter and its market share climbed nearly three percentage points. The automaker is benefiting from a rebound in auto sales, higher quality rankings and a boost to its reputation for avoiding government aid.
http://finance.yahoo.com/news/Ford-posts-21-billion-1Q-apf-260359187.html?x=0&.v=1
Blowout numbers for FORD 2 Billion dollar profit. Wall street estimate 31% they came in 46%. CNBC
Think BIG, real BIG for SIRIUS XM's Future. $5.00 very possible by end of this year, not 2011. IMO
With the APPLE (AAPL) OS 3 application just days from release, and with Sirius recently commenting on its Apple application coming before the end of the 2nd quarter, things are looking up. The iPhone app will undoubtedly be a player with Internet radio from a global perspective. It appears that things are also looking global for Sirius XM. To that end, let me bring to focus another piece of John Malone’s global empire, Liberty Global (LBTYA, LBTYB, LBTYK).
Liberty Global, Inc. (“Liberty Global”) is the leading international cable operator offering advanced video, telephone, and broadband internet services. We operate broadband communications networks in 15 countries principally located in Europe, Japan, Chile, and Australia. Liberty Global’s operations also include significant media and programming businesses such as Chellomedia in Europe, as well as interests in content businesses in each of our regional markets.
Through the efforts of 22,000 employees worldwide, Liberty Global connects 16.9 million customers to the world of information, communications, and entertainment. As of March 31, 2009, Liberty Global’s networks passed more than 34.0 million homes and served more than 26.0 million RGUs, including approximately 15.5 million video subscribers, of which 6.8 million were digital cable and DTH subscribers, 6.3 million broadband internet subscribers, and 4.8 million voice subscribers.
• Active in Europe (UPC Broadband, Telenet, Chellomedia), The Americas (VTR, Liberty Puerto Rico) and Asia Pacific (J:COM, Austar)
It would seem that Sirius XM is not just a taker, but also a giver to the Liberty companies and John Malone. They get exclusive content and can leverage it over multiple possibilities….which I am sure was part of the justification for the agreed investment stake just when Sirius outwardly appeared to be imploding. Liberty Global has a large subscription base already…just like Sirius, giving that base a potential purchase option of exclusive subscription programming can only help.
In addition, the iPhone app just might be a lot more important than we think. It seems that this all is coming together like a puzzle of a thousand pieces that is turning into global expansion without the hurdle of Spectrum licensing that is so expensive and difficult to procure
No I didn't have been out all day. Wow between WRSPQ and SIRI I'll really celebrate...lol
MGTY1-thought it might help newbies to the stock market, it was helpful to me. Keeps it simple........;o}
Wonder if Malone comes in with those 600 Million shares in the last minute in case the shorts come up with some devious plan. I'll stick to my popcornish theory WATCH SIRI SHOOT LIKE A ROCKET WEDNESDAY........LOVE IT!!!!
FYI-From the most successful trader who says: Amateur investors can outperform Wall Street experts
The Peter Lynch’s Common Sense Approach
Peter Lynch is the legendary stock picker who from 1977-1990 managed the Fidelity Magellan Fund, the best performer in mutual funds over that period. The fund outperformed the S & P 500 Index by a compound annual rate of 10.3%. A $1,000 invested in Magellan in 1977, when Peter Lynch became the fund manager, was worth nearly $21,000 at the time he retired after thirteen years.
Peter Lynch believes that amateur investors can outperform Wall Street experts since the best investing clues can be found at the mall, on the school playground, or at people’s workplace. He explains that kids have a chance to learn about successful companies in their daily lives before Wall Street analysts find out about the companies.
The Wall Street guru says that the secret to his success is his ability to "think like an amateur." He offers a common-sense approach to stock picking: Know the "story," or everything about a company, before buying a stock; then follow the "story" after buying the stock. He says, "Don’t sell the stock if the 'story' is still good, whether the market is up or down."
To begin to select a "story," find publicly traded companies that provide good products and services. You can begin to gather information for your "story" every time you walk into a mall, go to a restaurant, or play with your friends. That is, wherever you go, do firsthand observations on companies or products to gauge whether the company is strong and growing. See for yourself whether the store is clean or messy. Are people lining up at the cash register or does the store look empty? Are the customers happy with the services or do they complain a lot? You are not likely to see an empty McDonalds or Wal-Mart.
On the playground, see what brand of soda your friends are drinking. Are most of them wearing Nike or Reebok shoes? Notice what new sports, such as roller hockey, have become popular. Then, look for companies that will benefit from the trend.
Also check with your parents, relatives, and neighbors who are doctors, engineers, and bankers. Your neighborhood doctor knows which companies make excellent drugs or the best medical equipment. Your engineer dad knows which companies have a dominant position in computer software or hardware. Your uncle banker knows which banks are the most profitable.
Once you begin to take notice of some of these companies, your next step is to learn more about the "story" of the company before you invest in it. You can learn more about the "story" from resources such as trade magazines, annual reports, and the Internet. As the "story" goes on, you will want to know what must happen for the company to continue its growth spurts, as well as the pitfalls that may slow its earnings.
Peter Lynch believes that, in the long run, there is a strong correlation between the success of the company and the success of the stock. So look for the success stories. He further suggests that every few months, it is worth while to recheck the company’s "story." That may involve checking the stores to see if there are still lines at the cash registers or new developments of the "story" from your neighbor’s workplace. Also, check the earnings and growth from the company’s quarterly reports or from the latest Value Line. As long as you own the stock, the "story" will never end.
So what should people think about?
Well, they should think about what's happening. I'm talking about economics as forecasting the future. If you own auto stocks you ought to be very interested in used car prices. If you own aluminum companies you ought to be interested in what's happened to inventories of aluminum. If your stock are hotels, you ought to be interested in how many people are building hotels. These are facts.
Lynch ran Fidelity's Magellan Fund for thirteen years (1977-1990). In that period, Magellan was up over 2700%. He retired in 1990 at the age of 46.
Excellent. You don't need a lot in your lifetime. You only need a few good stocks in your lifetime. I mean how many times do you need a stock to go up ten-fold to make a lot of money? Not a lot.
Was that your secret?
Well, I think the secret is if you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of 'em go up big time, you produce a fabulous result. And I think that's the promise to some people. Some stocks go up 20-30 percent and they get rid of it and they hold onto the dogs. And it's sort of like watering the weeds and cutting out the flowers. You want to let the winners run. When the fun ones get better, add to 'em, and that one winner, you basically see a few stocks in your lifetime, that's all you need. I mean stocks are out there. When I ran Magellan, I wrote a book. I think I listed over a hundred stocks that went up over ten-fold when I ran Magellan and I owned thousands of stocks. I owned none of these stocks. I missed every one of these stocks that went up over ten-fold. I didn't own a share of them. And I still managed to do well with Magellan. So there's lots of stocks out there and all you need is a few of 'em. So that's been my philosophy. You have to let the big ones make up for your mistakes.
In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. This is not like pure science where you go, "Aha" and you've got the answer. By the time you've got "Aha," Chrysler's already quadrupled or Boeing's quadrupled. You have to take a little bit of risk.
Well, I think flexibility is one of the key things. I mean I would buy companies that had unions. I would buy companies that were in the steel industry. I'd buy textile companies. I always thought there was good opportunities everywhere and, researched my stocks myself. I mean Taco Bell was one of my first stock I bought. I mean the people wouldn't look at a small restaurant company. So I think it was just looking at different companies and I always thought if you looked at ten companies, you'd find one that's interesting, if you'd look at 20, you'd find two, or if you look at hundred you'll find ten. The person that turns over the most rocks wins the game. And that's always been my philosophy.
Tell the story about your wife stumbling on a big stock for you in the supermarket.
I had a great luck company called Hanes. They test marketed a product called L'Eggs in Boston and I think in Columbus, Ohio, maybe three or four markets. And Carolyn, ah, brought this product home and she was buying and she said, "It's great." And she almost got a black belt in shopping. She's a very good shopper. If we hadn't had these three kids, she now -- when Beth finally goes off to college, I think we'll be able to resume her training. But she's a very good shopper and she would buy these things. She said, "They're really great." And I did a little bit of research. I found out the average woman goes to the supermarket or a drugstore once a week. And they go a woman's specialty store or department store once every six weeks. And all the good hosiery, all the good pantyhose is being sold in department stores. They were selling junk in the supermarkets. They were selling junk in the drugstores. So this company came up with a product. They rack-jobbed it, they had all the sizes, all the fits, a down they never advertised price. They just advertised "This fits. You'll enjoy it." And it was a huge success and it became my biggest position and I always worried somebody'd come out with a competitive product, and about a year-and-a-half they were on the market another large company called Kaiser-Roth came out with a product called No Nonsense. They put it right next to L'eggs in the supermarket, right next to L'eggs in the drugstore. I said, "Wow, I gotta figure this one out." So I remember buying -- I bought 48 different pairs at the supermarket, colors, shapes, and sizes. They must have wondered what kind of house I had at home when I got to the register. They just let me buy it. So I brought it into the office. I gave it to everybody. I said, "Try this out and come back and see what's the story with No Nonsense." And people came back to me in a couple weeks and said, "It's not as good." That's what fundamental research is. So I held onto Hanes and it was a huge stock and it was bought out by Consolidated Foods, which is now called Sara Lee, and it's been a great division of that company. It might have been a thirty bagger instead of a ten bagger, if it hadn't been bought out.
Can the little guy play with the big guy in the stock market?
There's always been this position that the small investor has no chance against the big institutions. And I always wonder whether that's the person under four-foot-eight. I mean they always said the small investor doesn't have a chance. And there's two issues there. First of all, I think that he or she can do it, but, number two, the question is, people do it anyway. They invest anyway. And if they so believe this theory that the small investor has no chance, they invest in a different format. They said, "This is a casino. I'll buy stock this month. I'll sell it a month later," same kind of performance that they do everywhere. When they look at a house, they're very careful. They look at the school system. They look at the street. They look at the plumbing. When they buy a refrigerator, they do homework. If they're so convinced that the small investor has no chance, the stock market's a big game and they act accordingly, they hear a stock and they buy it before sunset, they're going to get the kind of results that prove the small investor can do poorly. Now if you buy a -- you make a mistake on a car, you make a mistake on a house, you don't blame the professional investors. But now if you do stupid research, you buy some company that has no sales, no earnings, a terrible financial position and it goes down, you say, "Well, it because of the programmed trading of those professionals," that's because you didn't do your homework. So I -- I've tried to convince people they can do a job, they can do very well, but they have to do certain things.
Wouldn't one of those things be letting you do it for them?
Well, the small investor can do three things.
They can avoid the market entirely. They can just say, ah, "I can't stand it. It's too volatile for me. I'll just put my money in money market funds or put my money in the bank." That's one choice.
The other choice is they can invest directly in the stock market by buying stocks individually, or they can buy mutual funds and invest in stock. I think they can do the course of investing in mutual funds and every now and then, they find some stocks, they have a chance the make a big hit. I think the average person could know three or four or five companies very well. They could lecture on those three or four or five companies, and if one or two of 'em becomes attractive, they buy 'em. They just can't wake up in the morning and say, "Now's the time to buy this. Now's the time to buy IBM. Now's the time to by GE. Now's the time to buy Dow Chemical. Now's the time to buy some biotechnology company," if they don't know something about it. You have to know the story. And people have lots of edges and they throw them away.
Talk about market timing.
You should worry what are stocks going to be 10 years from now, 20 years from now, 30 years from now. I'm very confident.
You could have bought Wal-Mart ten years after it went public -- Wal-Mart went public in 1970. You could have bought it ten years later and made 30 times your money. You could have said, "I'm very cautious. I'm very careful. I'm gonna wait. I want to make sure this company -- they're just in Arkansas and I want to watch 'em go to other states." So you watch, five years later the stock's up about four-fold. You say, "I'm still not sure of this company. They have a great balance sheet, great record." I'm going to wait another -- wait another five years, it goes up another four-fold. It's now up twenty-fold. You still haven't invested. You say, "Now I think it's time to invest in Wal-Mart." You still could have made 30 times your money because ten years after Wal-Mart went public they were only in 15 percent of the United States. They hadn't saturated that 15 percent and they were very low cost. They were in small towns. You could say to yourself, "Why can't they go to 17? Why can't they go to 19? Why can't they go to 21? I'll get on the computer. Why can't they go to 28?" And that's all they did. They just replicated their formula. That doesn't take a lot of courage. That's homework.
The high and the low analysis.
People spend all this time trying to figure out "What time of the year should I make an investment? When should I invest?" And it's such a waste of time. It's so futile. I did a great study, it's an amazing exercise. In the 30 years, 1965 to 1995, if you had invested a thousand dollars, you had incredible good luck, you invested a the low of the year, you picked the low day of the year, you put your thousand dollars in, your return would have been 11.7 compounded. Now some poor unlucky soul, the Jackie Gleason of the world, put in the high of the year. He or she picked the high of the year, put their thousand dollars in at the peak every single time, miserable record, 30 years in a row, picked the high of the year. Their return was 10.6 That's the only difference between the high of the year and the low of the year. Some other person put in the first day of the year, their return was 11.0. I mean the odds of that are very little, but people spend an unbelievable amount of mental energy trying to pick what the market's going to do, what time of the year to buy it. It's just not worth it.
So they just buy and hold?
They should buy, hold, and when the market goes down, add to it. Every time the market goes down 10 percent, you add to it. Human nature hasn't changed much in 5,000 years. There's this thing of greed versus fear. The market's going up, you're not worried. All of a sudden it starts going down and you start saying, "I remember my uncle told me, you know, somebody lost it all in the Depression. People were jumping out of windows. They were selling pencils and apples." It must have been a great decade to buy a pencil or an apple, but they were always -- there must have been everybody selling pencils. That start to -- we laugh about it. People start to think about these things with the market going down. These ugly thoughts start coming into the picture. Gotta get 'em out. You have to wipe those out and you -- you either believe in it or you don't.
The fact of the matter is, in the America that we live in, there are a lot of people who feel they have no choice, that they have to be in the market. What do those people do?
Well, if people don't have the stomach, they really don't have it, the volatility's too much for them with the stock market, they can avoid it. They could buy money market funds and they'd get a little bit better than inflation.
Communications is the single most important and we're the lowest cost. That helps us compete with the rest of the world.
Talk companies that have gone public since the bull market started and the flow of capital ...
The money the public puts into mutual funds, a large percentage of that is wound up going into finance new issues. This is a wonderful thing we have in this country, this initial public offerings, putting money into small and medium-sized companies and let them grow.
Manipulators will have a hard time explaining if all of a sudden on the 9 or 10 day SIRI goes conveniently down again. I still believe it is making it solidly over a dollar.
SIRI's time has finally come to shine like a superstar!!!
Sirius XM Builds Support Above $1.00
April 23, 2010 (12:42 pm) Spencer Osborne
The trading action on Sirius XM yesterday had a lot of people a bit nervous. The equity closed directly on the $1.09 support/resistance level, only one step away from weak support at $1.02. Typically such activity is not real concerning, but this time the equity happens to be in the midst of trying to regain NASDAQ compliance, and staying above the $1.00 mark is paramount.
Today that sound you hear are sighs of relief as the stock moved up above $1.10 and seems to be consolidating. That is good news because should the stock hold this level, there are now two support levels below. One at $1.09 which is moderate, and another at just above $1.00 which is now a bit stronger than it was yesterday.
Above current levels is resistance at $1.14. In a perfect world the equity would spend a few days consolidating and building a stron foundation for another move up. While I have no crystal ball, this looks like it will happen. As all of this happens, some other stars seem to be aligning:
1. Car sales for April should be good as consumer friendly incentives continue. Already projections are for sales to be just over 1,000,000 units with a SAAR rate between 11 million and 12 million. These numbers are above the numbers used by Sirius XM in developing and issuing their guidance. This means the company should be ahead of guidance, and perhaps will make adjustments.
2. Sirius XM has been quiet on the Q1 conference call date. i like this because it takes the call out of the equation during this run for compliance. The call is anticipated early in May. Subscriber numbers are already known, as is churn. Hopefully the company will announce the call sometime after Tuesday.
3. Timely news from the company and numbers that show that Sirius XM is on track can allow for the equity to build on their foundation at $1.10 to $1.12. Because decent numbers are anticipated, the speculative traders may want to position themselves for a small pop in the stock, rather than a let-down. This could build volume and an appreciation of the stock price.
In my eyes, the company needs to gain compliance by staying over $1.00 until Tuesday. I see them building support at current levels until then, and the moving up above $1.14 to build additional support leading into the call. Conference calls always make for interesting trading, so it could be harder for the company to get into the $1.20’s, but it is possible.
What I will be watching closely is the volume the stock has at the various stages. Any move on moderate to low volume will not have the legs to last. We want to see 100,000,000 plus shares traded at the key levels on a consistent basis to build strong support. Of course, this is speculation, but it my two cents for the day. Monday will be a new day, with new data to digest.
http://siriusbuzz.com/
Once the Big guys start buying, they'll feel comfortable when it is over a $, SIRI is going to pop like the best buttered popcorn and we get to watch the show and make money all at the same time....lol
Sirius has been a long time on Apple also.
It would make sense that they are talking and that is why you don't need a hearing. "Hearing" usually means 2 parties are not "hearing" each other and they need a 3rd impartial party involved to clear something up.
It is going to look really strange if SIRI all of a sudden goes under $ second time, it might start a big investigation to what is going on. I don't think the manipulators want that. Plus now Liberty is a force. I'll stick to my belief we'll never see under a dollar again.
Sirius XM Above $1: Is It There to Stay?
By Andrea Tse 04/20/10 - 05:33 PM EDT
NEW YORK (TheStreet) -- Sirius XM(SIRI) stock is up above $1 for the fifth day in a row. Now the question: can it stay there for good -- or least long enough to regain compliance with NASDAQ listing requirements?
Analysts think this time it's for real -- albeit with a cautious form of optimism.
"In order for the stock to fall back below a dollar per share, it would require a 10%-plus decline in value from the current price, which would need to take place within the next five days," Barrington Research Associates analyst John Hain wrote in an email to TheStreet.
"In our opinion, this seems fairly unlikely in the absence of a negative news item, the largest potential for which falls outside of the time horizon under discussion," Hain explained.
The time horizon Hain was referring to includes share-price moving events such as Sirius XM's first quarter earnings, set to be reported on May 7th, and auto sales numbers for April, which are expected to come out shortly before that, in early May.
Hain thus takes a cautiously optimistic position on the stock regaining compliance with listing standards as "we have been head-faked by the market before," while noting that Sirius XM has a rather high beta, or is sensitive and susceptible to changes in the broader market.
Wunderlich Securities has had a hold rating on Sirius XM with a $1 price target and has sold Sirius stock and taken some profits. But Wunderlich analyst Matthew Harrigan sees the stock shooting up to $1.50 as long as auto sales stay strong and as long the economy holds together. Harrigan notes that once a stock achieves a certain threshold, it naturally tends to stay above that level.
http://www.thestreet.com/_nasdaq/story/10731189/1/sirius-xm-above-1-is-it-there-to-stay.html?&cm_ven=NASDAQ&cm_cat=FREE&cm_ite=NA
Don't worry be happy-we are MANY MANY longs..;o}eom
ekcusdoo-You are good Congratulation!!
If Liberty came in and bought 600 mil. it won't go down under........lol Feel totally good about SIRI. When I bought spent all my savings, now that was scary last Feb. 09 this is a cakewalk.
Betcha shorts are frustrated...lol eom
This is how I like to do my investing, buy low (SIRI at 0.17 cents) and sell high (took my original investment with profit out of SIRI), stay away from options and margin buying, stay out of debt, and keep enough cash to see you through the down markets and pick up some bargains in great companies, (and sit on free SIRI shares).....lol
Sirius Dips Into The Online Vault In Hunt For New Car Subs
Sirius XM (NSDQ: SIRI) has some positive momentum—and it seems, at least one creative marketer trying to flip former online users into paying car subscribers. The company is offering folks who’ve tried the service online a free radio and one month’s free service in exchange for setting up billing that kicks in after 30 days unless the user cancels.
The bet: the trial is long enough to get people so used to the service they’ll keep getting a package ranging from $12-$16 a month and maybe they’ll tack on $2.99 more a month for online and mobile app access. Sirius already offers a 30-day trial for its online-only version but this is the first time I can remember being approached for this kind of offer based on previous online access.
We had the current car for months before finally activating the 6-month free trial after several efforts, in part because the process drove me mad and part because we were heavy listeners to a local radio station and didn’t feel compelled until car travel kicked in, bringing with it the yen for access to sports, news, Deep Tracks, the Dead channel and more. A format change at the station increased our in-town listening. My guess is we’ll convert to paying subs again when the trial runs out, something that more than 45 percent of car buyers did in Q1 with Sirius XM trials.
Related Stories
* Karmazin: Sirius Sub Stats Show ‘Remarkably Positive Turn’
* Sirius XM Reports First Quarterly Profit
* Analyst Taking New Look At Sirius Sees Loyal Subscribers Willing To Pay Higher Fees
http://paidcontent.org/article/419-sirius-dips-into-the-online-vault-in-hunt-for-new-car-subs/
I only said it this time....;o} eom
Cable King John Malone's New Run at the Old World!
16-Apr-10 08:10 am
Cable King John Malone's New Run at the Old World
Despite years of losses in Europe, Liberty Global has a $4 billion war chest and is ready to buy. But Malone must get Europeans to spend more
Two decades ago, John C. Malone tried and failed to replicate his U.S. cable TV success in Europe by buying up local carriers. Now, despite losing money in his international cable operations in all but two of the past 16 years, the 69-year-old King of Cable is ready to try again.
In January, Malone's Liberty Global (LETYA) bought Germany's No. 2 cable operator, Unitymedia, for $2.7 billion. With nearly $4 billion in cash from the sale of a Japanese subsidiary in February, Liberty is looking for other European opportunities as well. It may bid on Germany's No. 3 cable operator, Kabel Baden-Württemberg, and Aster City Cable in Poland, company executives say. Malone could also try to acquire carriers in France, Sweden, and Denmark, says Guy Bisson, an analyst at media researcher Screen Digest. With many rivals interested in the same properties, "It's a race," says Manuel Kohnstamm, Liberty's managing director of public policy.
The winner stands to dominate newer digital technologies, both on-demand TV programming and Internet access. Though just one-third of European pay-TV subscribers have digital service, they currently generate half of all revenues, according to Cable Europe, an industry group. European homes with digital cable are projected to more than double, to 46 million, by 2014, Screen Digest estimates. Of those customers, some 41% will use their cable connection for Internet service, up from 31% today.
Malone sold his American cable business to AT&T (T) in 1996 for $54 billion. Today his U.S.-based flagship, Liberty Media, owns TV shopping channel QVC, the Starz pay-TV channels, and stakes in Sprint Nextel (S), Sirius XM Radio (SIRI), and Time Warner (TWX). Liberty Global has 16 million cable subscribers in Europe, but fewer than two in five are digital. With the addition of UnityMedia it now has operations in 11 European countries. Last year, before the acquisition, the company's European arm had sales of $6.2 billion.
For Liberty's latest foray to pay off, the company must get subscribers to shell out more for programming. When it comes to paying for TV, Europeans are famously cheap. In Germany, for instance, the average monthly revenue per subscriber is about $20, vs. $119 in the U.S. Now, Liberty aims to convert its millions of analog customers to costlier digital service. "We have 10 million [subscribers] that have yet to make the decision 'Maybe we want 150 channels, maybe HD would look good in my living room,' " says Michael T. Fries, Liberty Global's CEO. "So we have 10 million untapped homes that we are running as fast as we can to connect.
I've been in the market since -91 and never have I seen such a chart...lol Just took a screen shot of it, I don't think I'll ever see it again.
Hilarious,I know I don't know anything about charts, but the earthquake comment is right on....lol Is something wrong with the chart? My first impression is that there is great resistance this time for this stock to go down under $. I'll stick to my opinion that SIRI will never see under a dollar again.