Sirius Boosts Lineup with NBA Offering 63 comments
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Sirius XM Radio (SIRI) just boosted the BEST OF programming option by adding the full NBA line-up. Whether you subscribe to Sirius or XM, you will now have access to the full NBA schedule this season. The announcement comes just one day prior to the beginning of the 2008-2009 NBA schedule.
In an announcement from the National Basketball Association and SIRIUS XM Radio, we learned Monday that satellite radio will deliver live NBA games to subscribers around the country throughout the 2008-09 season. The NBA has been involved with satellite radio since 2003, when it became the first major professional sports league to provide live games on SIRIUS.
SIRIUS XM broadcasts more live NBA games than any other radio outlet. Starting with the Opening Night games Tuesday, XM listeners will have access to more than 1,000 regular season games, plus every game of the NBA Playoffs and The Finals. For most SIRIUS listeners, select NBA games will be available through the “Best of XM” programming package.
“Since 2003 the NBA has been one of the premier programming elements on satellite radio,” said Steve Cohen, SIRIUS XM’s SVP of Sports Programming. “The merger of SIRIUS XM gives us the opportunity to deliver NBA games to more listeners than ever before. XM and SIRIUS subscribers from coast to coast will have access to live NBA action every night, from the tip-off of the regular season through every second of the playoffs.”
“As the first major professional sports league to provide live games on satellite radio, we have always embraced all forms of media to reach our fans, wherever they may consume our game,” said Danny Meiseles, Senior Vice President, Production, Programming, and Broadcasting, NBA. “Now with NBA games available to both XM and SIRIUS subscribers, even more fans will be able to follow our game throughout the season.”
Position: Long SIRI, Proud Celtic Fan.
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I think this is the first time I am the first comment in all 250 of mine LoL
LONG SIRI!!!!!!!!!!!!
Generally this type of behavior comes from those with small male genitals. Just ignore it and it goes away.
Mike H. on the ball!
I suggest that all members of our group call ISE and their counsel and let them know that we are watching! Please note attachment.
Strictly a coincidence or have we narrowed down where all the illicit (?) trades are coming from? I and others have been doing some research and it appears as though many of the shorts on Sirius have been routed through a company formally known as Morizio Associates LLC, also known as ISEG, now reregistered with the DTCC clearing Corp. as ISEROUTE. On Thursday October 23rd I made a phone call to them and let them know that there is a group investigating all of the Sirius short sales, many of which appear to be naked, and were being placed through ISEROUTE, their company.
The gentleman I spoke with wanted to know who I was. I told him that was unimportant. I told him that Racketeering charges were going to be filled against several companies for facilitating these illicit trades. He seemed quite uncomfortable and did not want to answer many questions and suggested I talk to their compliance officer which happens to be in Los Angeles Ca. Phone Number 213- 250- 1406. I left 2 messages to please contact me. He did attempt to reach me on Friday but I was on other call and didn’t answer. I returned his call and he didn’t answer so I left a voicemail and gave more details about my concerns as to all of the short sales on Sirius being routed through their company. Within 30 min I received an incoming call from phone no.312- 902- 5438. The gentleman calling let me know that he was calling me about my concerns with ISEROUTE. I informed him that there is an investigation on going that shows on level two that millions upon millions of Sirius shares shorted are being routed thru them.
I suggested that many of these shorts were illegal and the racketeering charges would be brought forth against several companies and that ISE may be included. I explained that it has been known for quite some time that off shore hedge funds have stolen millions of dollars from Sirius share holders by nakedly shorting Sirius stock. I informed him that this was in violation of regulation. SHO which require shares shorted be borrowed from actual shares owned in brokerage accounts. His response was that they were a routing company. A pipe line to route and facilitate trades. It wasn’t their responsibility but the broker placing the trades, to insure that the trades are in compliance with regulation SHO. I informed him that this was unacceptable and amounts to nothing more than their clients robbing a bank and that they being the driver of the get away car. It wasn’t until the end of this call that he informed me that he was an attorney from the law firm of Katten Muchin and he was calling on behalf of his client ISEROUTE. So, the compliance officer never spoke with me and immediately contacted a law firm in Chicago.
Share prices up on Friday in a down market and share prices up today. Is it just a coincidence ?
Phone 609 430-0100
I suggest that every party in our group contact ISE and let them know that we will be holding them responsible for all of the illegal short sales and that they are just as responsible as the off shore hedge funds in a conspiracy to defraud shareholders and steal billions of dollars.
The ISE Stock Exchange is a part of the International Securities Exchange (ISE), a family of innovative securities markets. ISE/Eurex Announcement
Vote No Rev Split
Vote no More Share Issue
Kick Mel out
Abby emaied me that Pig Farmer was removed.
Now he is back as Pig_Farmer so please ignore him.
PHILADELPHIA (AP) -- Shares of Sirius XM Radio Inc. fell on Tuesday after an analyst reduced his subscriber and cash flow forecasts for the satellite radio provider and maintained a "Sell" recommendation on the stock.
Wienkes believes the company will reduce or miss its subscriber projections as demand erodes.
He also noted that Sirius' revenue isn't enough to cover operating and capital expenses, leading to negative free cash flow while the company continues to be dependent upon outside financing in a tight credit market.
FOR THE LOVE OF GOD PLEASE!
Vote No Rev Split
Vote no More Share Issue
Kick Mel out
Mike H. requested clarity and a retraction of the bad report from Wienke. Mike requested if the information is a lie Sirius should push for a retraction.
What does Sirius do? Defend Wienke
This tells us one of two things.
1. If the information is true, Mel Lied about being on track in his auto interview Monday.
2. Sirius is allowing the stock to be manipulated and will not even defend against untrue news.
--------------
From: Blalock, Paul [mailto:PBlalock@siriu...
Sent: Tuesday, October 28, 2008 11:55 AM
To: Michael Hartleib
Subject: GS
On the 3rd line of the report it says "our belief…"
Paul Blalock
SVP, Investor Relations
SIRIUS SATELLITE RADIO
1221 Ave of the Americas
New York, NY 10020
IMO, no active investor or day trader has any confidence in Sirius or Mel and Company. People are not as stupid as Mel believes. Yes, Bush has shown us that people can be misled. But eventually the evil is uncovered.
The Sirius Goons being disruptive and positive double speak on Sirius only makes them transparent. People, even stupid people like me eventually see who is real and who is the “propagandizing Sirius Employee Goon”.
Mel and Company have done some very evil things. There is so much evil news about Mel that even if 3 things are true, we have been manipulated and cheated. It is all being uncovered now. We may never have justice. But, we will know all the truth.
This all makes me very sad…
Vote No Rev Split
Vote no More Share Issue
Kick Mel out
Of course this is my opinion. We will all wait and see what happens, and at least it will not be boring!
Long Sirius
I still believe in Mel and I still know where I want my shares to go......
Here it is. There are millions of retail longs in SIRI. If we organize, we can save SIRI single handedly.
Here is how.
The debt to be refinanced on Feb, 2009 is $300M
Let's refinance ourselves. Open a trust, with single purpose of lending money to SIRI with interest. Many of longs are down at least thousands. So assume everyone of us puts just $100 in the trust, and we lend the money to SIRI with 3% rate (Return on your savings acount in your bank is much less). If every long puts 100, we need just 3 million guys. Next, we refinance the other two installments of debt that are due in 2009 in same manner. So overall, $300 for 2009 per person. SIRI solves its debt issue until 2010 and gets breathing room to concenrate on business.
Sounds unrealistic so say? Probably yes, but why should only likes of Icahn be an activist shareholders. WE CAN DO also.
This idea got pretty good traction on SIRI board on Yahoo. The thread is called "Let's do something historic, unprecedented"
If interested in above mentioned campaign, send an email to savesiri@yahoo.com as well as create an account on thepoint.com and after logging-in, search for campaign SAVESIRIUS and join
I bought about 12,000 shares at $1.60..... And now my average is to around .80.....
And if I believe that the RS and Distribution ob shares will go towards debt.... The hell yes....
It's an easy way to get rid of debt....
SIRI as a company will not have to pay off another REFINANCE deal....
and that will scare the $h1T out of the shorts in this company......
If I believe that's what my money will go towards.... I will wait until the vote buy as many more shares as I can to VOTE YES!
I am trying to put a time line together that ties Mark Weinkes pronouncement to the downside to the Sirius' Stock Price. I know pre-merger in June, 08 he was at around 2.25, then in July, 08 he proclaimed 1.50 and we thought how absurd but the stock went to 1.85 and then rebounded to 2.68 right before merger approval. Then merger is approved by FCC, on a Thursday/Friday, 7/31-8/1, last minute negotiations (ugly financing deal) over the weekend and 8/5 FCC issues official reports, we get details of the deal and the Stocks lent are at the exact price of Weinkes target at 1.50. The stock bounces around 1.30 and 1.53 for a couple of weeks and while all these new shares to be shorted need to make money, Weinkes 1.50 target being reached, readjusts to 1.00, and says he as easily could have said .50. Stock Price nose dives to .85 - 90, we wait for Mel, Mel speaks and the stock goes to .70 and then to .60, and Weinkes confirms new target of .50 and we are all F**k'd. Now after feeling BK Fears, Proxy Statement with a RS and Dilution of shares (all shareholders feeling betrayed by Mel), a retrace approaching his old target of .50 as we see a marketing video saying again we're working on it, what does Weinkes do????? Announces a new target of .25 and questions everything without any real changes in the company's execution.
I really would like to put shorting activity details, what companies and who and what clearing house were the trade cleared through, to the dates of each Weinkes announcement date of his new target. No one has adjusted their targets with this kind of accuracy period ever in the history of trading without insider information and spending time in jail.
HONORABLE R. BARCLAY SURRICK
BERG v. OBAMA et al
dockets.justia.com/doc.../
Vote No Rev Split
Vote no More Share Issue
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