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We going to close at 2.20 EOD ! Good luck to everyone !
Hi Best , How are you my friend ? FAS put and FAZ call ! I did it ! ;)
In the daytrading show double bottom , FAZ should moving up from hereeeeeeeeeeee !
Good luck to everyone ! Your have a goodnight !
Best , How are you ? Thank you so much for advised ! I may do that sometime!
Look on volumes today and the charts , I think maybe little " pumps " in the morning " but there is a " free fall or snow falling " down tomorrow ! what you think my friend ?
Yes Sir ! You're always the Best !
Good luck to you too my friend !
Best ,Thanks for charts !
Very easy for FAS " pop up " around 4.50 if pass 4.18 but if ... I don't know ... we will see tomorrow ! ;)
Good luck to everyone !
Thanks Best ! How are you ? Yes I have a great day today but I hope we have another good day tomorrow . eom
That will be so beautifullllllllll ! I hope my dream come throughhhhhhhhhhh !
All I hope FAS can turnaround about 5 and that would be nice !
Go FASSSSSSSSSSSSSS !Good luck to everyone !
Hi Best ,
How are you doing ? You got a good call for pass couple week ago !
I hope FAS turnaround soon ! ;)
YESSSSSS !
Best ,
Are you going to " watching FAS movie " with me ?
My friend , I already order " POPCORN " for you and me !
Thanks for PM note other day , you are always the # 1 BEST !
You have a good day my friend !
You're very very good Best ! We may see back to 8 today ;)
Thanks Best ! Good luck to you too ! I know we will have a good day today !
Hi Best ,
Are you In ? I am ALL IN !
Thank you so much `Best !
Hi 1Best ,
How is FAS chart look for next couple day ?
Thanks !
ps: I am in today at 8.70
We need some one at Siri to put BIG COMPRESSOR TO PUMP this Pig Upppppp .eom
So what ? Let pump Siri up ? LOL ;)
Nahhhhhhh !
You welcome ! Let's hope it keep going up ! It is about time to breakout !
Florida135 ,
Support at 1.47 and if we pass 1.60 and the next resistance 1.87 I hopeeeeee;)
I hope not look like a circus board !
Bullish reversal guyyyyyyyyy !
Florida135 , my self and too many people out there have a same feeling with you but don't lose your hope ! I hope this stock better next week ! Have a good weekend !
Yes , BIG BUYING yesterday at 1.65 . eom
Oh man ! BIG BUYING AFTER HOUR for two days , what going on ?
Sirius XM's Karmazin Sees Positive Cash Flow by '09
Topics:Stock Market | Mergers & Acquisitions | Management | CEOs and CFOs
Companies:Sirius Satellite Radio Inc. | XM Satellite Radio Holdings Inc. | Clear Channel Communications IncBy Andrew Fisher | 30 Jul 2008 | 10:36 AM ET Font size: Nearly a year and a half after it was announced, the merger deal between Sirius Satellite Radio and XM Satellite Radio is an accomplished fact, and the chief executive of the combined company sees strong signals for the future.
"I think the prospects for the combined company are extraordinary," Mel Karmazin told CNBC.(For the full interview, watch the accompanying video.)
"(The delay) certainly put the company in limbo for far too long," Karmazin said. "It certainly had confusion in the marketplace, in retail, particularly, and it also put us on radio silence as far as talking to investors."
Karmazin, formerly chief executive of Sirius SIRIUS SATELLITE RADIO INCSIRI
1.62 0.04 +2.41% NASDAQ
Quote | Chart | News | Profile
[SIRI 1.62 0.04 (+2.41%) ], says the combined company is fully financed, and expectes to achieve positive cash flow by 2009.
"Any liquidity question that had existed on individual companies obviously are now put to rest, and on the combined company, we have a fully-funded plan," he said. "We have some converts that come due in 2009, and we're optimistic that on the Sirius side, investors will see the value of this combination and will price through it."
Karmazin expects cost savings from the deal to reach $400 million.
Thos cost savings may help the combined company move toward leadership in the entire radio business, he said.
"If you just take a look at the trailing 12 months revenue of the combined company, we have $2.2 billion," he said. "That's probably a number greater than most people think about when they think about satellite radio. That makes us the second largest radio company in the United States. Only Clear Channel CLEAR CHANNEL COMMCCU
35.96 0.02 +0.06% NYSE
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[CCU 35.96 0.02 (+0.06%) ] will have higher revenue, and their growth -- there is no growth -- we're growing dramatically."
Karmazin added, the company may also consider a reverse stock split.
One challenge the new company will face is slumping auto sales, which hurts sales of pre-installed satellite-radio units in cars. Karmazin said he is disappointed by trend.
"We wish that that's not the case, but the penetration rate that we're experiencing is offsetting it," he said. "We've added more gross ads from (original equipment manufacturers) so far this year than in any period of time in our history."
© 2008 CNBC.com
You say a lot of things , but every body here got a " ball " , they know how to trading and how to handle they money , no one listens though … if you have sold all your shares ... hit the road jack . eom
What and where you got that ???
Come on MM brings it PASS UP to 1.87 pleaseeeeeeeee !
Yes I agreed with you but it not over yet , don't loose your hope !
Thank you so much Turbodog !
Turbodog , can you or someone here convert what ever Mel speak to text ? Thanks a lot !
Florida135 , this is so crazy ,I really don't know what going on but look like other XMSR dumping share out there and MM try to taking down too , I am still holding my share . eom
No support , what the hell going onnnnnn ?
Good morning everyone ! 1.88 EOD got support at 1.87 .
Chloebware ! this is a good time to buy for average , Siri going back up trend today . eom
I am going to move my CARGO SHIP IN nowww ! ;)