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By Brandon Matthews

Despite the media’s attempt to quell enthusiasm regarding Sirius XM’s (SIRI) new application for Apple’s (AAPL) iPhone and iTouch devices, and despite a short-selling attack that occurred on the news, Sirius XM has never looked better, as witnessed by the initial number of downloads of the new app.

According to iTunes, the free Sirius XM App for the iPhone and iPod touch Thursday became the No. 1 most downloaded free music App, leapfrogging other apps such as Pandora and Slacker in just this, its first official day. It was also the 6th most downloaded of any free App on iTunes.

For those that are fortunate enough to have been born with a brain that allows them to think for themselves, and took the time to read the company’s press release rather than the onslaught of negative press regarding Howard Stern, a unique opportunity has evolved. That opportunity lies in the fact that Sirius XM has now extended itself globally.

Wednesday, Sirius XM was only heard in the continental United States. Despite being available online, the company required a U.S. address in order to subscribe. I just called the phone number for international subscription access, and was told that Sirius XM Radio is in fact now able to be received anywhere in world, with no residency restrictions. The call center went on to say that they have been busy all day setting up new users.

For those that may complain about the current absence of Howard Stern, rest assured he will be added in my opinion as the demonstration presented at the annual Sirius XM investor conference last month showed an iPhone that was tuned into the Howard 100 channel. Regardless of what may or may not occur, the one fact remains that as of today, whether you live in England, Europe, Asia, India, Alaska and Hawaii, South America or in the Middle East, wherever an Internet hookup exists, you can now stream Sirius XM Radio to your laptop, desktop or iPhone. All you need is an Internet connection of any type, including wi-fi.

For information about setting up an account outside of the United States, the company asks consumers to call the following number at (toll): 469-221-5200. Howard Stern may be popular, but the 120 channels that are being offered at this moment to the entire world make this application a stronger asset to the company.

Another hidden gem in all of this, lies in what appears to be a true partnership with Apple; the details of which have yet to be released. Let the lemmings focus on what is not in the press release. The smart money will no doubt focus on what is.

Position: Long SIRI

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This article has 88 comments:

  •  
    I hope you're right, Brandon. I gotta whole lotta money ridin' on it.
    Jun 19 03:30 AM | Link | Reply
  •  
    Great write up!!!

    Going from a potential sub base of 300M into the billions...

    "The futures so bright, I gotta wear shades" (80's on 8)

    "Don't you know that you are a shooting star!" (Classic Rewind Ch. 15)

    "At first I was afraid, I was petrified... (I will survive)" (70's on 7)

    "We will, we will rock you (STOMP STOMP CLAP)" (Deep Tracks Ch 16)
    Jun 19 06:28 AM | Link | Reply
  •  
    Excellent article, Brandon. The technical formation of this stock (bottoming over the last six months and breaking above the 200 day moving average yesterday) suggests underlying support should continue to build on pullbacks over the near term. As this stock has the largest short position on the Nasdaq (175,742,764 shares as of 5/29 and possibly more today, after yesterday's selling binge), this represents stored up buying power that ultimately has to be unleashed. With the SEC nearing the end of the comment period regarding the uptick rule, there is a distinct possibility that this rule may be reinstated, along with other stronger measures regarding "naked" short selling. All of this should keep shorts increasingly nervous if the stock shows an ability now to contain pullbacks and recover - as the stronger technical framework would indicate. Based upon the longer term formation that exists in this stock, given the magnitude and duration of the bottoming that is now being concluded, potential is projected to 1.00+ over the next six months to one year. Stay the course.
    Jun 19 06:57 AM | Link | Reply
  •  
    Well I hope your right as well Brandon / but I wouldnt hold my Breath..

    I have Money in this stock as well / I think too many people are blaming that there was no Howard on the apps. which they should be looking at it as a big piture and the drop of the 12% of the stock yesterday was because of the out of control of the short sellers because it made 12% on Tuesday which lost it all on Thursday back down to .35 (there was no investors that day) it was the same people that put in that took it out just as quick
    buy the rumor (apps is coming out Thursday) sell the news ( no Howard)
    Jun 19 06:57 AM | Link | Reply
  •  
    I don't know
    Jun 19 09:12 AM | Link | Reply
  •  
    I have a great idea on why they didn't add MLB and H. Stern to the iphone.

    If they did that then all a Siri Subscriber would have to do is cancel their car sub, activate the internet sub (cost less), then download the Iphone App. They all they have to do is plug the iphone into the MP3 input on the car radio, and hear it from there.

    This would turn into lost revenue for siri
    Jun 19 09:15 AM | Link | Reply
  •  
    Yeah but that would only work for people who actually had an I-phone. Apple did indead sell alot of these and will sell more with the new 3Gs coming out but I for one would rather pay the car radio sub instead of buying an iphone (200-300$ ) then paying for data plan and a Sirius sub. That would be more expensif.

    Sirius going global is fantastic news ! Hope it takes off like the rockets in Korea LOL
    Jun 19 09:37 AM | Link | Reply
  •  
    The fact that SIRI/XM is now available outside of the US is a huge plus for US Servicemen and women living OCONUS. As a career officer, I have lived overseas quite a bit (Korea, Europe, SW Asia) and would love to have had access to decent US programming. The only programming we get in those areas is through the military and it's very lame to say the least. So, if you know someone serving outside the US, forward this article to them as I have to my friends because undoubtedly they will not get the word otherwise. Or, if you'd really like to do something nice for a friend/family members overseas, buy them a one-year subscription as a gift. Although military bandwidth is limited in both the OEF and OIF campaigns, many of the individuals serving in both Iraq and Afghanistan have access to commercial internet in their hooches which they pay for out of pocket. Thinking back to my year in Baghdad, it would have been great to listen to some quality programming in the evenings or whenever there was some downtime. Also makes a great father's day present which don't forget is this weekend!

    Position: LONG SIRI
    Jun 19 10:11 AM | Link | Reply
  •  
    where do you see that this is going global? the sirius website states the following under the FAQ section of the new iphone app page:

    What countries is the service available in?
    The SIRIUS XM Premium Online Application for iPhone & iPod Touch is only available in the United States.
    Jun 19 10:14 AM | Link | Reply
  •  
    Brain or not, not including Stern was a big mistake. If they intend to include Stern later, they should have informed us of that fact. But I am encouraged that the new app is doing well. Being number #1 is great, but how many does that translate to, 1,000 10,000, 50,000, or more?
    Jun 19 10:37 AM | Link | Reply
  •  
    WHAT GOING ON WITH SIRI?
    Do you really want to know?

    Mel is screwing SIRI Stock Holders for his continued but ever changing evil plans. Mel has no respect for The “Unwashed Common Stock Holder”.

    December 08 before the stock holder meeting, I informed everyone on Seeking Alpha that “Two Private Investors have made offer to Mel and no REV-Split is required” The offers at the time were much better than what happened in the SIRI takeover War.

    Now, Mel wants his Rev Split and he will soon get it. Originally Mel desired to take SIRI private and this may still be in the works. However, now we have a 40 percent partner. One way to reduce that 40 percent partner is to Rev-Split 1 for 50 and then issue more stock during the next “Mel created emergency”. The key idea here is that Mel has a plan and his plans always screw stock holders.

    More history- Mel invented a lawsuit and paid a third party to sue SIRI. Yes, you read that correctly. It is well known that Mel attempted to get total protection from class actions of stock holders for his antics during the merger. Fortunately, Michal Hartlib discovered the corruption and prevented Mel from obtaining the protection. The Judge in that case was outraged.

    SIRI Stock Holders can not get a fair vote. Between our 40 percent partner and the reserve stock held by the company, public stock holders are out-numbered. Mel is a wild man and he is running fully unchecked.

    Wall Street and Main Media have been burned and given up on SIRI. They know but can not write about what Mel did to stock holders of three companies that he devastated, took private, and merged to build Viacom. Three years beating back lawsuits and Mel became a media mogul on the backs of poor beaten investors. This is all well known information that Mel is proud to speak about during parties for the rich and famous.

    Mel will continue to make his little innocent looking mistakes. He will have you believing the world is beating him up. But what is truly going on is Mel and Goldman Sacks are making millions trading SIRI on the back end. This billion dollar monster is Mel’s “Cash Cow” and the “Unclean Stock Holder” is getting milked.

    Most or the main stream investors (other than insiders) are avoiding SIRI like a disease. Most will NOT touch SIRI until the Rev-Split is over or off the table. So, SIRI will not go over 1.00 and will need the Rev Split to keep its NasD listing. Mel wants this split. Do not expect Mel to do anything correctly until after he gets his Rev-Split.

    I have posted this information so that new comers understand the deep crap they are looking at in SIRI. I will not be responding. I got tired of defending the truth of SIRI long past. Some Bloggers and Seeking Alpha get a pay check for beating up people for posting the truth about SIRI here…

    I am NOT Michal Hartlib, NOT part of that group, NOT part of the movie. But, I did quit a long time ago…
    Jun 19 10:57 AM | Link | Reply
  •  
    Here is the reason no Howard. They don't want to export that to the world. They are going to keep it as an add on so it's listnership can be monitored by the users. Most of the rest of the world would be offended by Howard and NOT want the service because of him.

    The other MLB, NASCAR and NFL are money oriented issues. But Howard they thought about. Users will get him if they subscribe and pay extra. Details are already being worked out.

    But it could not be included on the release given the global scope.
    Jun 19 11:15 AM | Link | Reply
  •  
    Wrong. On the black market Howard Stern is already being mass distributed in China,South Korea, Europe, and Australia. There is already companies in these countries mass distributing Howard Stern on the internet.
    There was a caller on Howard Stern's Show on wednesday that claimed that he pays for black market duplication of the show for $3.99 a month in South Korea. The caller is a u.s. citizen that is an english teacher. I believe that since howard stern has this perceptive value in other countries sirius/xm is looking for other means of distributing his content. That would be more lucrative, not only to the subscriber, but as well to the contract obligations for howard stern him self.
    It's only a matter of time before Howard Stern gets his own app on the Iphone for .99cents a month.


    On Jun 19 11:15 AM splintar wrote:

    > Here is the reason no Howard. They don't want to export that to
    > the world. They are going to keep it as an add on so it's listnership
    > can be monitored by the users. Most of the rest of the world would
    > be offended by Howard and NOT want the service because of him.<br/>
    >
    > The other MLB, NASCAR and NFL are money oriented issues. But Howard
    > they thought about. Users will get him if they subscribe and pay
    > extra. Details are already being worked out.
    >
    > But it could not be included on the release given the global scope.
    Jun 19 12:17 PM | Link | Reply
  •  
    Your an idiot. R/S isn't a bad thing it consolidates shares. Dillution on the other hand is bad.

    You fail to realize that Mel Karmazine has 4 million in stock shares that he purchased at almost $3.00 a share. Mel isn't out screwing people. Your just uneducated. You would rather blame a CEPO for your problems than the thieves that illegally short this stock on the daily. Seriously man your ranting and raving is stupid.


    On Jun 19 10:57 AM SIRI-Doom wrote:

    > WHAT GOING ON WITH SIRI?
    > Do you really want to know?
    >
    > Mel is screwing SIRI Stock Holders for his continued but ever changing
    > evil plans. Mel has no respect for The “Unwashed Common Stock Holder”.
    >
    >
    > December 08 before the stock holder meeting, I informed everyone
    > on Seeking Alpha that “Two Private Investors have made offer to Mel
    > and no REV-Split is required” The offers at the time were much better
    > than what happened in the SIRI takeover War.
    >
    > Now, Mel wants his Rev Split and he will soon get it. Originally
    > Mel desired to take SIRI private and this may still be in the works.
    > However, now we have a 40 percent partner. One way to reduce that
    > 40 percent partner is to Rev-Split 1 for 50 and then issue more stock
    BLAH. BLAH. BLAH.....................
    Jun 19 12:24 PM | Link | Reply
  •  
    (Correction update) WHAT IS GOING ON WITH SIRI?

    December 08 before the stock holder meeting, I informed everyone on Seeking Alpha that “Two Private Investors have made offer to Mel. The offers would have eliminated the need for a Rev-Split. If Mel had taken one of the two offers we would all be looking good and no Rev-Split would be looming. Mel refused the offers before the December 08 Stock holder Meeting. Mel NEVER INFORMED STOCK HOLDERS OF THE OFFERS. The offers at the time were much better than what happened in the SIRI takeover war.
    Jun 19 12:35 PM | Link | Reply
  •  
    I see this paid basher is posting here too. Or just a bitter bagholder? Tons of those, who make it there sole purpose to make sure they were right to sell out. They arent, and they know that. But they are gutless,and cant buy back, because there balls were removed by Mels dilution and merger deal. So what!! Go cry about it. Mommy maybe make you some tea. Then get over it, but at .34 cents, and enjoy. Your getting a once in a lifetime opportunity here with this stock at these levels. Never been closer to becoming a financial machine, and its trading lower than BK levels. Yes, thats right. LOWER than BK levels. I watch stocks all the time trading higher that ARE going BK and the stock is worthless. The media, the MM's, HF, and all other powers are simply keeping dumb money away, until its capitalized. How it works, in ANY stock. Learn the game, or dont play. Best advice anyone can give you.
    Jun 19 12:36 PM | Link | Reply
  •  
    If they release the app without Howard(not my idea, this was another posters well thought out concept) and understand that Howard and SiriusXM are seperate entitites. They establish a Howardless base, then add Howard after. Plus if you release Howard on the app as an extra .99 cents out of the gate, you piss off everyone even more than no Howard. This way, people will be relieved, pay it, and SiriusXM gets to add subs even before this bonus addition. Win win.
    Dont know if I believe this, but I want too!!!
    Or Howard is simply waiting for allsmart phones to come out, and be released on those as well, at once.
    Or its a hang up in Howards contract talks, as cell phone rights are being discussed on his new deal. Actual his absence is good news for him coming back. If he wasnt , and they knew he wasnt, they would release it with him, and take advantage of the sub additions while they can.
    Jun 19 12:42 PM | Link | Reply
  •  
    Wow mister Doom did you come up with that all on your own? I personally welcome the R/S with open arms. It's time to take this stock out of the realm of the market makers who can make millions off of .0025 swings. Mel and the rest of the board are not fools. Sure they make mistakes and are sometimes a little late to the party but they come through none the less. As far as this private offer you speak of, do you have any proof or are you just speculating as apparently you do with you stock picks?
    Jun 19 12:42 PM | Link | Reply
  •  
    Brandon: You are the man. I love your optimism. Let me help to support you with some additional facts. 1. There is now an I Phone app that people are gobbling up like crazy. 2. The last time I checked, people listen to an I Pod and I Phone for MUSIC!!!!! They are willing to pay per down load far more than Sirius costs per month. They will eat up the Sirius app like crazy even without Howard. 3. The car companies are increasing their installation of Sirius XM into the cars. 4. Sirius XM is growing on the internet. 5. The cash for clunkers bill passed. 6. Mel Karmazan and John Malone are excellent business men. 7. Bankrupcy is no longer in the cards. Malone is willing to continue to invest if necessary. He stated so on an interview with Becky Quick. 8. The second quarter report is not out yet, so the shorts and bashers are purely speculating as to the success of the app. 9. People buy IPhones and I Pods to download MUSIC!!!!!!!!!
    Jun 19 12:48 PM | Link | Reply
  •  
    You always hear about the stern listeners. I wouldn't subscribe if it wasn't for howard. I only listen to howard. You know why you always hear this kind of crap. Because stern listeners as a whole are egomaniacs like howard. The millions who don't care for his show keep their mouth shut because they don't care.
    Jun 19 12:49 PM | Link | Reply
  •  
    I think that he is a great part of the history at Sirius, and it's probably not a bad idea to get him on the IPhone eventually, but the music at Sirius is truely. . . awesome. I really enjoy the categories. They play a ton of different songs. I also like having the news. A little disappointing about Howard and Baseball, but not a huge deal. I do think that Mel will try to get it on there.
    Jun 19 12:58 PM | Link | Reply
  •  
    Wow, those with a brain, huh? Comical I’ve been reading your nonsense for a while now and I’m always surprised at some of the garbage you write. Short selling attack? Is it possible that the stock rallied when the official release date of 6/18 was issued? I just checked and that's what happened. Isn't possible that the stock declined when the application disappointed and not because of short selling? Most likely. It happens all the time. A story comes out that appears to be beneficial and when the reality doesn’t pan out, people sell. But saying that doesn’t help your cause, does it?

    You say that the free application was the most downloaded. How about a little more analysis? What is the conversion rate from a free application that is downloaded to when the customer pays for the application? I download stuff all the time on my i-phone, doesn’t mean I’d pay for the applications. Since you're so smart and we're not, I would think this is something you know. Isn't that what a true analysis would be? Anyone can just regurgitate facts. How about actually doing some beneficial analysis? What is the expected penetration into foreign markets and what is the company doing to attract and cater to these different markets. Since we're all lemmings, I guess we need your brilliant and also accurate insights.

    Some (including myself) are frustrated with the company and are focusing on the negatives but you’re doing the same thing with the positives? All of you articles are biased and slanted. Stop disclosing you’re long at the end of these reports. First of all, that’s as obvious as the sun rising. Second, it seems like you’re trying to make disclosures in line with NASD Rule 2711 (Research). You’re articles are so far from being considered research it’s absurd. Aside from numerous other reasons these articles could never be considered research, they’re not fair and balanced – the corner stone of valid research.
    Jun 19 02:09 PM | Link | Reply
  •  
    R & R You couldn't be more wrong if you set out to be a parody piece! The uptick rule will never come back because electronic trading makes it impossible to enforce, which is why it went away in the first place. Breaking above your 200 day moving average by tenths of a cent means absolutely nothing. Massive shorting of a stock is not "stored up buying power". No wonder people have lost ten of thousands of dollars or more waiting for this stock to move.
    Jun 19 02:27 PM | Link | Reply
  •  
    Reality of Siri and I'm Not Jim Cramer: You know you and other shorts are getting scared after this excellent informative article by Brandon. Wow, international exposure is here!!! That is huge. Subs could easily double. As we get closer to D - Day for the shorts - quarterly report - the stock will go up.
    Jun 19 02:44 PM | Link | Reply
  •  
    GOOD NEWS OR UNVERIFIED PROPIGANDA?
    SIRI is only available in USA and Canada!

    I called the number provided by Brandon Matthews and it answered with music. I held the phone for 25 min. Wonder what that cost me in long distance?

    I then called SIRI America, 888-539-7474. After a menu and holding the line for 90 minutes, I was told most certainly that SIRI is only sold in the US and Canida.

    FROM THE SIRI WEB SITE
    What countries is the service available in?
    The SIRIUS XM Premium Online Application for iPhone & iPod Touch is only available in the United States.

    The nice Indian operator who finally answered my call said they are signing up many new users today.

    I have personally verified that SIRI is NOT, repeat NOT selling any radio service outside of the US and Canada. She said, “SIRI is negotiating but is a long way from selling radio in other countries.”

    I would have loved and rejoiced at international SIRI. But it is simply not true yet. This article needs to be re-verified and corrected or retracted.
    Jun 19 02:46 PM | Link | Reply
  •  
    The part which should be emphasized is the only thing that said operator has factual knowledge of "they are signing up many new users today."
    Jun 19 02:49 PM | Link | Reply
  •  
    You had to hold so long because of the sheer volume of international and national users signing up.
    Jun 19 02:51 PM | Link | Reply
  •  
    Gosh, just belive what you want.... I am out of here....

    I have personally verified that SIRI is NOT, repeat NOT selling any radio service outside of the US and Canada. She said, “SIRI is negotiating but is a long way from selling radio in other countries.”
    Jun 19 02:55 PM | Link | Reply
  •  
    I'm long the stock. I wouldn't waste my time shorting to gain .30 cents. I've been on a trading too long to waste my time with such limited upside and a huge downside (although if you ask Brandon, every time the stock goes down it’s a bear raid). I'm just not an idiot who doesn't know my head from by behind. Yes, I'm talking about you and you're ridiculous posts that show how little you know about common stock, bankruptcy contracts, and the overall equity market. You're a cheerleader not an educated investor.

    Whether you agree with my opinion or not isn't important, as everyone is entitled to their opinion. That's what makes markets. Unfortunately, you're opinion has no factual basis and when you do say something so obviously wrong and uninformed, this is blatantly apparent.



    On Jun 19 02:44 PM between the hedges wrote:

    > Reality of Siri and I'm Not Jim Cramer: You know you and other shorts
    > are getting scared after this excellent informative article by Brandon.
    > Wow, international exposure is here!!! That is huge. Subs could easily
    > double. As we get closer to D - Day for the shorts - quarterly report
    > - the stock will go up.
    Jun 19 03:02 PM | Link | Reply
  •  
    You must be a DJ, terrestrial radio channel owner, or advertiser, then. Cash for clunkers passes. Entry into Camry increases. Initial, yes initial, ie. first of many, IPhone app and IPod app initiated. Malone publically stated that he is here to stay. No bankrupcy. Connection to Direct TV to be in the future. Negotiations underway, at a minimum, with international companies. Instead of fussing and getting mad at me like a woman, why don't you offer solutions.
    Jun 19 03:08 PM | Link | Reply
  •  
    Here come the rating upgrades.
    Jun 19 03:14 PM | Link | Reply
  •  
    One more comment to Reality of Siri: Follow my posts. I'm up 700 % on this stock. I've been recommending it since .05. One of the only ones to stay the course.
    Jun 19 03:15 PM | Link | Reply
  •  
    Between: the quarterly report is going to be worse than last quarter, not better. Even given a large number of downloaded apps, that won't make up for the autos which will have fallen off the earth.

    Oh and if you ONLY bought it at .05, and not before, then you are a huge winner and I congratulate you. Very few people on these boards have that kind of timing. This stock is for experienced traders only! True believers should buy the service, not the stock.
    Jun 19 03:32 PM | Link | Reply
  •  
    Who cares what you're up? That's not the point. The point is you make ridiculous posts and don't know what you're talking about. You make statements that are inaccurate and prove how little you know. Who cares what you've been recommending? You guys post as if people actually buy based on your statements. If they do, they’re just as foolish as you. What do we know about you, your experience, you market knowledge or track record? You took a flier on a company on the verge of going out of business. For every one of these companies that survive, there are far more that don't. Sirius wouldn’t have been the first company to go out of business although many of the customers support the business. It’s not just about the product. It’s about management, execution, and forward thinking.

    What analysis have you done? How are you projecting forward looking earnings? Have you considered the changing global markets and how the company plans to penetrate international markets? How the company plans to address expiring contracts? Etc, etc, etc. I know your answer………you don’t have one.



    On Jun 19 03:15 PM between the hedges wrote:

    > One more comment to Reality of Siri: Follow my posts. I'm up 700
    > % on this stock. I've been recommending it since .05. One of the
    > only ones to stay the course.
    Jun 19 03:32 PM | Link | Reply
  •  
    Brandon, is their any way that you can get your articles on the National News Services, like AP?
    Enjoyed Tock Shock!
    Jim on Pensacola Beach
    Jun 19 03:35 PM | Link | Reply
  •  
    Reality of Siri: You are a critic, not a Warrior. The critic criticizes. The Warrior presses on. Mel is a Warrior. He is moving this company forward. I understand how to read a balance sheet. I understand the ramifications of short term debt. I understand the difference between liquidation and reorganization bankrupcy. To educate you, when the bankrupcy scare was legit several months ago, Siri would probably have reorganized, not liquidated. The companies don't "go under" they simply go to court where the court forces the creditors to refinance the deals. For now, however, bankrupcy is no longer on the table. The company has what is called in corporate law a White Knight. A White Knight, John Malone of Direct TV, who is willing to re-fi the short term debt now and in the future to allow the synergies of the merger to go forward as well as to allow Sirius to focus on its business plan of becoming the radio in everyone's car, an app on everyones smart phone, an international business. The last thing that John Malone will allow is a bankrupcy as it would hurt his investment, which he is the only one who has the right to convert shares due to the poison pill instituted earlier this year. Don't forget that SIRI is a good acquisition candidate as the acquiring company could take some significant tax advantages of the long term losses in years past as Sirius XM. I know what I'm talking about. So does John Malone and Mel Karmazan. These guys, however unlike me, run in big money circles. This company and stock in the long term in my humble opinion will be fine especially considering the FACTUAL catalysts I outline in my earlier post.
    Jun 19 03:50 PM | Link | Reply
  •  
    That's not what you posted. You said the Sirius shareholders wouldn't allow the pieces to be sold off. That implies that the company is not restructuring. At that point, they're behind all the other creditors, bond holders, peferred share holders.


    On Jun 19 03:50 PM between the hedges wrote:

    > Reality of Siri: You are a critic, not a Warrior. The critic criticizes.
    > The Warrior presses on. Mel is a Warrior. He is moving this company
    > forward. I understand how to read a balance sheet. I understand the
    > ramifications of short term debt. I understand the difference between
    > liquidation and reorganization bankrupcy. To educate you, when the
    > bankrupcy scare was legit several months ago, Siri would probably
    > have reorganized, not liquidated. The companies don't "go under"
    > they simply go to court where the court forces the creditors to refinance
    > the deals. For now, however, bankrupcy is no longer on the table.
    > The company has what is called in corporate law a White Knight. A
    > White Knight, John Malone of Direct TV, who is willing to re-fi the
    > short term debt now and in the future to allow the synergies of the
    > merger to go forward as well as to allow Sirius to focus on its business
    > plan of becoming the radio in everyone's car, an app on everyones
    > smart phone, an international business. The last thing that John
    > Malone will allow is a bankrupcy as it would hurt his investment,
    > which he is the only one who has the right to convert shares due
    > to the poison pill instituted earlier this year. Don't forget that
    > SIRI is a good acquisition candidate as the acquiring company could
    > take some significant tax advantages of the long term losses in years
    > past as Sirius XM. I know what I'm talking about. So does John Malone
    > and Mel Karmazan. These guys, however unlike me, run in big money
    > circles. This company and stock in the long term in my humble opinion
    > will be fine especially considering the FACTUAL catalysts I outline
    > in my earlier post.
    Jun 19 03:59 PM | Link | Reply
  •  
    Common shareholders are always behind the creditors, bond holders, and preferred share holders. The reason, in my humble opinion, why this stock is where it is. Fear. People, including mutual fund managers, who really drive stocks, are like fish. They hide under the rocks when startled and come back out slowly. The bankrupcy fear was legitimate several months ago. With Malone on board, in my humble opinion, I think the water became more safe. Now food is being tossed on the water in the form of money making subscription adding catalysts. Toyota broadening their OEM. Auto companies emerging quickly from reorg. Smart phone apps. Merger synergies to name a few. True we all need to see several quarterly reports before we can confirm the revenue. But in my humble opinion, when picking specs, you know you are at high risk which means the stock can scream lower, which it did, but also scream higher with good news. I want to be in before the good news. It may be bad, but I am betting that it will not.
    Jun 19 04:17 PM | Link | Reply
  •  
    Finally heard it first hand that Sirius XM can now be heard globally on iphone and ipod touch!!!!!!

    IT'S ON NOW!!!!!!!!!!!

    BASHERS CAN SUCK IT!!!!!
    Jun 19 04:43 PM | Link | Reply
  •  
    Wolf: Did you call or are you referencing an article that we need to read?
    Jun 19 04:51 PM | Link | Reply
  •  
    They're DJ's are announcing it.
    Jun 19 05:10 PM | Link | Reply
  •  
    WOW so much enema wash here today.
    Argue, be mad and just totally ignore the facts.

    Brandon posted a “less-than-correct” article here saying SIRI is global. SIRI is NOT selling global. We can hope, wish, and even pray but it just is not true. If you have a Ipod and a US or Canada address for billing you might be able to access the feed. However, SIRI is not billing to any address outside of USA and Canada “Yet”.

    Malone publicly said he made offer to Mel before the Dec 08 stock meeting (Google it). Mel never informed stock holders of any of the two offers. Mel failed his duty to stock holders. Mel failed to get financing and caused all this massive stock saturation because he would not make a deal when it was offered. Oh, but he is our hero.

    SIRI is now massively saturated. The Rev-Split Mel wanted back in December is now desirable but for a much different reason. Good or bad Mel wants the split and he will not stop “screwing up” until he gets it.

    The Street big dogs (except insiders) will NOT trade SIRI until the split is over or off the table.

    NasD suspended the 1.00 delisting rule. But will they keep the suspension and get us past December? Will Mel get new authorization for the rev-split? If Mel calls a stock holder vote on anything, just toss your ballet in the trash because you’re outnumbered via Malone and company stock.

    Has anyone thought what is going to happen when Mel announces a 1 for 50 split? Well, I will predict a bottom of .05 or lower on the news. Yes, I have dumped most of my 300,000 shares at huge loses. But I will trade back and work the corrupted tide. I can do that because I understand how Mel is playing his SIRI cash cow.

    But, a month after the rev-split we will be lucky if SIRI stays over 1.00 as it will be shorted to death. We can hope for the best but we have seen it with other stocks that rev-split.

    OK, you don’t believe in shorts causing problems? Than deal with the other problems of negative press and the foul taste SIRI has given the street in the past two years. SIRI needs something big and good to bump this stock up to its true value. SIRI needs Mel to stop screwing up everything new. Have you noticed everything new is tainted somehow? Mel always keeps a downside to drag down the stock. To me, this is obvious but you may call this paragraph a conjecture.

    Wow, and the big Mel defense I always love hearing from amateurs, “Mel owns millions of stock”. Most of that stock is controlled while he is CEO via insider laws. But, the larger issue is the “Back End profits”. With back end deals Mel has made private millions just like all CEO’s of big companies do. Get someone to explain it to you.

    None of our rants makes any difference. We are stuck with Mel because he owns/controls the stock holder vote. I hoped Malone would bring some stability to SIRI but I have yet to see any.

    Well, I am rambling. I don’t much care what you people believe. I just stopped in to waist a few hours of boredom. Believe what you want and I pray all of you have good luck. Make love. Make money. Be happy…

    NOT SHORTING - Less long and more happy.
    Jun 19 05:17 PM | Link | Reply
  •  
    Foward looking earning can be view on two fronts
    1) iPhone subscriptions. With Hardware free, this is the biggest bang for the company.
    2) Increased saturation rate into Domestic automotive manufacturers, and the signing of more Foreign


    The changing global markets and how the company plans to penetrate international markets?
    1) iPhone subscriptions, the minor stumbling block is the RIAA. The RIAA have a greater chance of receiving income from an American based company than a Chinese government supported communist based one overseas. The Chinese love the western influence!

    The company plans to address expiring contracts the same way Football, Baseball, Television or any other entertainment company does, by negotiation.

    There are far more companies that didn't survive, Worldspace, and XM (AS a standalone) to name two. Sirius won’t be the company to go out of business, because the customers support the business. The customers are supporting the business during the most difficult economic time since the great depression. The iPhone is not the stopping point for Sirius, but with the number of customers it has to offer, a percentage of new subscribers would push the company to be Cash Flow Positive.


    On Jun 19 03:32 PM RealityofSiri wrote:
    > What analysis have you done? How are you projecting forward looking earnings?

    >Have you considered the changing global markets and how
    the company plans to penetrate international markets?

    >How the company plans to address expiring contracts?
    Jun 19 05:24 PM | Link | Reply
  •  



    On Jun 19 05:17 PM SIRI-Doom wrote:

    > WOW so much enema wash here today.
    > Argue, be mad and just totally ignore the facts.
    >
    > Brandon posted a “less-than-correct” article here saying SIRI is
    > global. SIRI is NOT selling global. We can hope, wish, and even pray
    > but it just is not true. If you have a Ipod and a US or Canada address
    > for billing you might be able to access the feed. However, SIRI is
    > not billing to any address outside of USA and Canada “Yet”.
    >
    > MIGHT?! Hehe.... you keep thinking that. I'm going out and celebrating!!
    Jun 19 05:31 PM | Link | Reply
  •  
    2 days ago this is all that was said about even using the Sirius app:
    "FAQ's What countries is the service available in?
    The SIRIUS XM Premium Online Application for iPhone & iPod Touch is only available in the United States."

    Today the quote is "Now you can listen to Sirius XM GLOBALLY through your iPhone and iTouch."

    Hey? How does someone become a radio basher anyway? Hahahaha!!!
    Jun 19 06:00 PM | Link | Reply
  •  
    One more thing...... 2 days ago this was quote too , "Some select programming, including MLB® Play-by-Play, NFL Play-by-Play, SIRIUS NASCAR® Radio, and Howard Stern, will not be available on the iPhone and iPod touch. Listeners will continue to be able to access that programming through the platforms they are currently offered on."

    I wouldn't be surprised if that changes just as fast too!
    Jun 19 06:04 PM | Link | Reply
  •  
    you are still an idiot what did they block you from using another user ID have to be you have not posted for 2 days and you were just bashing the stock


    On Jun 19 09:15 AM Mr. Stupid wrote:

    > I have a great idea on why they didn't add MLB and H. Stern to the
    > iphone.
    >
    > If they did that then all a Siri Subscriber would have to do is cancel
    > their car sub, activate the internet sub (cost less), then download
    > the Iphone App. They all they have to do is plug the iphone into
    > the MP3 input on the car radio, and hear it from there.
    >
    > This would turn into lost revenue for siri
    Jun 19 06:07 PM | Link | Reply
  •  
    Wolf, please post a link to your info.
    I just checked and refeshed the page. I only see US and Canada.

    Brandon posted a “less-than-correct” article here saying SIRI is global. SIRI is NOT selling global. We can hope, wish, and even pray but it just is not true. If you have a Ipod and a US or Canada address for billing you might be able to access the feed. However, SIRI is not billing to any address outside of USA and Canada “Yet”.

    On Jun 19 06:00 PM Wolf Child wrote:
    >
    > Today the quote is "Now you can listen to Sirius XM GLOBALLY through
    > your iPhone and iTouch."
    >
    > Hey? How does someone become a radio basher anyway? Hahahaha!!!
    Jun 19 06:13 PM | Link | Reply
  •  
    SIri-Doom,

    The DJ's are physically announcing it between songs word for word the way I relayed it. I'm sorry if for some odd reason people have a problem with the news but it is what it is and I am happy about it. Could be why Siri stock is up 17% AH.
    Jun 19 06:18 PM | Link | Reply
  •  
    You all need to get RIGHT or you're gonna get LEFT.
    Jun 19 06:22 PM | Link | Reply
  •  
    More like maybe SIRI is UP because of Credit Upgrades

    Sirius XM: Gimme Credit Upgrades Rating To Stable
    blogs.barrons.com/tech.../

    Let us hope for more good news like this upgrade. I am hungry for good news on SIRI.

    If SIRI was Global I am big enuph to say I was wrong. But, I don't see any proof of global. The company order taker is still saying only USA for Ipod.

    The FAQ page still says USA only.
    www.siriusxm.com/oniph...
    Jun 19 06:33 PM | Link | Reply
  •  
    Yes, that is what the site says. It will change very soon. The first time I heard the global announcement was on OCTANE. I would tune in for a bit and you will hear it for yourself.

    Have a good weekend everyone.


    On Jun 19 06:33 PM SIRI-Doom wrote:

    > More like maybe SIRI is UP because of Credit Upgrades
    >
    > Sirius XM: Gimme Credit Upgrades Rating To Stable
    > blogs.barrons.com/tech.../
    >
    >
    > Let us hope for more good news like this upgrade. I am hungry for
    > good news on SIRI.
    >
    > If SIRI was Global I am big enuph to say I was wrong. But, I don't
    > see any proof of global. The company order taker is still saying
    > only USA for Ipod.
    >
    > The FAQ page still says USA only.
    > www.siriusxm.com/oniph...;utm_medium=Banner&...
    Jun 19 06:36 PM | Link | Reply
  •  
    Wolf Child,

    When is your bed time? Remeber too brush.
    and
    Stop pulling my leg....
    LOL hehehehhe
    Jun 19 06:39 PM | Link | Reply
  •  
    Well I guess it's time. I have owned SIRI stock for over 4 years and written several articles on SA in praise of the stock, but have never subscribed. I need a new phone anyway. I'll get the new iPhone this weekend and get the Sirius app on it. I do not care about Howard Stern, in fact you couldn't pay me to listen to him/it. All I care about is financial news and good music. While I'm at it I'll get Sirius in 2 of my cars also, maybe even for the house.

    I often find that I am an indicator of the populatity of things for Standard White Guys over 50. They seem to take off when I finally get them. If so, this is the beginning of a huge revenue surge for SIRI.
    Jun 19 07:34 PM | Link | Reply
  •  
    baba..

    still around?? Wolf?? SW's crashed hard huh? Did you guys see the jump in AH to .38?? Some fund must have covered...about 6M shares. AH closed @ .385. These guys are funny


    On Jun 19 05:24 PM Bababooie wrote:

    > Foward looking earning can be view on two fronts
    > 1) iPhone subscriptions. With Hardware free, this is the biggest
    > bang for the company.
    > 2) Increased saturation rate into Domestic automotive manufacturers,
    > and the signing of more Foreign
    >
    >
    > The changing global markets and how the company plans to penetrate
    > international markets?
    > 1)
    iPhone
    > subscriptions, the minor stumbling block is the RIAA. The RIAA
    have
    > a greater chance of receiving income from an American based
    company
    > than a Chinese government supported communist based one
    overseas.
    > The Chinese love the western influence!
    >
    > The company
    plans
    > to address expiring contracts the same way Football, Baseball,
    Television
    > or any other entertainment company does, by negotiation.
    >
    > There
    are
    > far more companies that didn't survive, Worldspace, and XM (AS a
    standalone)
    > to name two. Sirius won’t be the company to go out of
    business,
    > because the customers support the business. The customers are
    supporting
    > the business during the most difficult economic time since
    the
    > great depression. The iPhone is not the stopping point for Sirius,
    but
    > with the number of customers it has to offer, a percentage of new
    subscribers
    > would push the company to be Cash Flow Positive.
    Jun 19 08:12 PM | Link | Reply
  •  
    Hey sl,

    Did it crash or did they pull the plug EOD to switch servers and put up the new site?

    Either way, just got back from having lunch at a Mexican restaurant. They were pumping Caliente on Sirius XM....... just can't get away from it. Know what I mean? Of course you do ;)
    Jun 19 08:19 PM | Link | Reply
  •  
    brandon...

    great article btw...johnny on the spot.. a steel-toed black boot right up the shorts' arse....
    Jun 19 08:19 PM | Link | Reply
  •  
    hey wolf...

    you could be right..when I got back EOD i was just getting weird garble. Didn't know they were pulling the plug. thanks for the info. First, cali mexican: ain't no better. and yes,,the dog follows everywhere!

    about 6M shares hit the post well into AH. Started out ho hum but finished great. Whatever the drill was all about today..who the hell knows...all this news swirling has to create impact soon. Did you see the close? Shennanigans x 10. They froze the bid/ask for about the last :20. I was stunned. No trades at all. Wonder what happened there. I almost thought they halted trading for news pending..but then it kicked back in after the close. Bid sat at .3408 for a while. I took off, got back and I saw the ticker on CNBC say .39. I ran to my board. Took some off @ .38. After yesterday, I'm banking when it's bankable. Tomorrow's always another day...


    On Jun 19 08:19 PM Wolf Child wrote:

    > Hey sl,
    >
    > Did it crash or did they pull the plug EOD to switch servers and
    > put up the new site?
    >
    > Either
    way,
    > just got back from having lunch at a Mexican restaurant. They were
    pumping
    > Caliente on Sirius XM....... just can't get away from it. Know
    what
    > I mean? Of course you do ;)
    Jun 19 08:27 PM | Link | Reply
  •  
    siri-doom...

    nice post. Some or most of which I was posting elsewhere yesterday. Great to have that app out but it's release was botched by management. But it's over and we move on. I don't post here much anymore and am only here looking for some of my peeps but caught your post. Posters here should read your post and try to understand it. It's not bashing the company as much as it is stark reality about the STOCK SIDE...two different worlds and animals in many public companies. but also listen to wolf..he's an intelligent dude. Sorry you sold at a loss..but many of us did and have been recouping slowly on what's left. Still some good opps to ride this version of the dog before the rev. In some way, I think Mel (in between all his ineptitude) is telling us in code...be smart and you can make some cash. What's been done to many of us is criminal..as I know you know. Stick with it and as you know, follow the money. There's some good opps here. Later...


    On Jun 19 05:17 PM SIRI-Doom wrote:

    > WOW so much enema wash here today.
    > Argue, be mad and just totally ignore the facts.
    >
    > Brandon
    posted
    > a “less-than-correct” article here saying SIRI is global. SIRI
    is
    > NOT selling global. We can hope, wish, and even pray but it just
    > is
    not
    > true. If you have a Ipod and a US or Canada address for billing you
    might
    > be able to access the feed. However, SIRI is not billing to any
    address
    > outside of USA and Canada “Yet”.
    >
    > Malone publicly said he
    made
    > offer to Mel before the Dec 08 stock meeting (Google it). Mel
    never
    > informed stock holders of any of the two offers. Mel failed his
    duty
    > to stock holders. Mel failed to get financing and caused all this
    massive
    > stock saturation because he would not make a deal when it was
    offered.
    > Oh, but he is our hero.
    >
    > SIRI is now massively
    saturated.
    > The Rev-Split Mel wanted back in December is now desirable
    but
    > for a much different reason. Good or bad Mel wants the split and
    > he
    will not stop “screwing up” until he gets it.
    >
    > The Street big dogs (except insiders) will NOT trade SIRI until the
    > split is over or off the table.
    >
    > NasD
    suspended
    > the 1.00 delisting rule. But will they keep the suspension
    and
    > get us past December? Will Mel get new authorization for the
    rev-split?
    > If Mel calls a stock holder vote on anything, just toss your
    ballet
    > in the trash because you’re outnumbered via Malone and company
    stock.
    >
    >
    > Has anyone thought what is going to happen when Mel
    announces
    > a 1 for 50 split? Well, I will predict a bottom of .05 or
    lower
    > on the news. Yes, I have dumped most of my 300,000 shares at huge
    loses.
    > But I will trade back and work the corrupted tide. I can do that
    because
    > I understand how Mel is playing his SIRI cash cow.
    >
    > But,
    a
    > month after the rev-split we will be lucky if SIRI stays over 1.00
    > as
    it
    > will be shorted to death. We can hope for the best but we have seen
    it
    > with other stocks that rev-split.
    >
    > OK, you don’t believe in
    shorts
    > causing problems? Than deal with the other problems of negative
    press
    > and the foul taste SIRI has given the street in the past two
    years.
    > SIRI needs something big and good to bump this stock up to its
    true
    > value. SIRI needs Mel to stop screwing up everything new. Have you
    noticed
    > everything new is tainted somehow? Mel always keeps a downside
    to
    > drag down the stock. To me, this is obvious but you may call this
    paragraph
    > a conjecture.
    >
    > Wow, and the big Mel defense I always
    love
    > hearing from amateurs, “Mel owns millions of stock”. Most of that
    stock
    > is controlled while he is CEO via insider laws. But, the larger
    issue
    > is the “Back End profits”. With back end deals Mel has made
    private
    > millions just like all CEO’s of big companies do. Get someone
    to
    > explain it to you.
    >
    > None of our rants makes any difference. We
    are
    > stuck with Mel because he owns/controls the stock holder vote. I
    hoped
    > Malone would bring some stability to SIRI but I have yet to see
    any.
    >
    >
    > Well, I am rambling. I don’t much care what you people
    believe.
    > I just stopped in to waist a few hours of boredom. Believe
    what
    > you want and I pray all of you have good luck. Make love. Make
    money.
    > Be happy…
    >
    > NOT SHORTING - Less long and more happy.
    Jun 19 09:00 PM | Link | Reply
  •  
    everyone be good...next week could be the a make up week for this weeks shat....
    Jun 19 09:06 PM | Link | Reply
  •  
    That's a lame answer. You said "most" of the rest of the world wouldn't want to listen to Howard? Where's the evidence of that plus if someone didn't want to listen to Howard they have many other stations they can listen to. That reasoning doesn't make sense.


    On Jun 19 11:15 AM splintar wrote:

    > Here is the reason no Howard. They don't want to export that to the
    > world. They are going to keep it as an add on so it's listnership
    > can be monitored by the users. Most of the rest of the world would
    > be offended by Howard and NOT want the service because of him.<br/>
    >
    > The other MLB, NASCAR and NFL are money oriented issues. But Howard
    > they thought about. Users will get him if they subscribe and pay
    > extra. Details are already being worked out.
    >
    > But it could not be included on the release given the global scope.
    Jun 19 10:10 PM | Link | Reply
  •  
    Access to Siri is Global for internet version and iphone. Anywhere you can have internet you can tap into Sirius. Anywhere you can use Iphone you can have sirius.
    Jun 19 10:17 PM | Link | Reply
  •  
    Jsmitty, you're manic again.
    Jun 20 01:47 AM | Link | Reply
  •  
    Jsmitty, you're manic again.
    Jun 20 01:47 AM | Link | Reply
  •  
    I see a great buying opportunity NOW with more upgrades coming soon.

    Analyst are starting to see the green light for this company.

    I'm bought up a lot at .33 and glad I did. I kind of knew this was going to happen this week but I didn't want to let the cat out of the bag.

    I really think siri is making a turnaround of some sorte with all the cards in place. I wouldn't be surprised to see the share price break $2 by the end of this year.

    Remember, they have a lot of debt coming due the next few years but if they can increase revenue while same time reducing expenses this debt will be handled effectively.

    This is coming from someone that knows this stock and has always had a determined success outlook for future growth.

    Frank
    Jun 20 01:57 AM | Link | Reply
  •  
    I see a great buying opportunity NOW with more upgrades coming soon.

    Analyst are starting to see the green light for this company.

    I'm bought up a lot at .33 and glad I did. I kind of knew this was going to happen this week but I didn't want to let the cat out of the bag.

    I really think siri is making a turnaround of some sorte with all the cards in place. I wouldn't be surprised to see the share price break $2 by the end of this year.

    Remember, they have a lot of debt coming due the next few years but if they can increase revenue while same time reducing expenses this debt will be handled effectively.

    This is coming from someone that knows this stock and has always had a determined success outlook for future growth.

    Frank
    Jun 20 01:57 AM | Link | Reply
  •  
    What does a stock do on its first day back after making a Fast Money reporter cry after hearing the good news about SiriusXM. Never almost seen a TV personality cry upon hearing good news about a company. Im serious. Tears bro.......
    All the shorts are crying, because they are dumb ,and are trying to book 2 cent profits, when $2 of upside is offered. Just rip your head out of your butt, and smell the fresh air. All it takes to bullish on this company. Simply remove your head from your butt ,and it makes everything clearer. Siri-doom, you make crappy points. Your points are irrelevant to your demands and wants. What do you own? 50K? Well, that makes the speed and process of evolving this company not your say. If you want to hang on for the ride, your more than welcome. No Howard? No problem. #1 downloaded app. Stick it.
    Jun 20 12:56 PM | Link | Reply
  •  
    yea did you see that matt nesto guys look on his face after jim goldman was reportung the great news about sirius-apple aplication. he looked like a guy who just rode this thing all the way down and panicked out at .05. sick to his stomach was that look. blue dog is ready for takeoff boys and girls, don't miss it!!!
    Jun 20 02:34 PM | Link | Reply
  •  
    shorts are dumb????? Shorts have been making money on this stock for years so if making money is dumb to you you must be broke. Saying that, I do think we have a turning point now. I have been a Siri lover since it's inception and now feel we have some momentum. This is just the beginning of great things to come.


    On Jun 20 12:56 PM relmar2003 wrote:

    > What does a stock do on its first day back after making a Fast Money
    > reporter cry after hearing the good news about SiriusXM. Never almost
    > seen a TV personality cry upon hearing good news about a company.
    > Im serious. Tears bro.......
    > All the shorts are crying, because they are dumb ,and are trying
    > to book 2 cent profits, when $2 of upside is offered. Just rip your
    > head out of your butt, and smell the fresh air. All it takes to
    > bullish on this company. Simply remove your head from your butt ,and
    > it makes everything clearer. Siri-doom, you make crappy points.
    > Your points are irrelevant to your demands and wants. What do you
    > own? 50K? Well, that makes the speed and process of evolving this
    > company not your say. If you want to hang on for the ride, your
    > more than welcome. No Howard? No problem. #1 downloaded app.
    > Stick it.
    Jun 20 02:38 PM | Link | Reply
  •  
    With all those massive stock offerings by financial companies and others this year, well... SIRI doesn't look deluted any more unless there is a more delution coming in the future. The question I have is if SIRI can truly come back before car sales picking up. iphone app., by the way, will have a much bigger positive impact than some skeptics think to sirusXM for this year and beyond, and it wasn't fairly reflected to SIRI share price yet. With investors expectation growing and if a couple of positive numbers released regarding iphone app this summer. SIRI finally has a good chance break above $1.
    Jun 20 03:10 PM | Link | Reply
  •  

    To this articles author:

    Hurray! Finally. Great news and thanks for the update on Sirius. I travel and I want that service everywhere. You really made my day today.
    Jun 20 09:47 PM | Link | Reply
  •  
    Relmar, where are ya? We need your support. Siri will be good uptick this week fo sho. I read your earlier post and I have to say man you are the dude.

    hey, do you rollerblade?

    Wanta do it sometime? LOL

    siri will be in upswing for a while so shorts are gonna lose their shorts.

    heheeheh, I love it when a plan gets going...


    GO SIRIUS.
    Jun 21 12:45 AM | Link | Reply
  •  
    I guarantee you Ive made more money from Feb on going long, percentage wise vs. invested money, vs. any short out there. No problem. No, Mr. Stupid, it was a good trade till it hit the .12 cent bottom. Since then, its been a dumb trade. They are fighting increasing sentiment, better balance sheet, new revenue streams, and a Liberty safety net that says this company is never going to BK court(Liberty would never risk a judge telling what to do). Now they are fighting the real possibility of positive earnings. Auto sales rebounding. A short at .34 cents can even make a case. .34 cents is priced for BK still. The stock price is a joke, and only represents the continued lingering short bash trade(short the stock, bash through the media). Times are a changin.
    Jun 21 09:50 AM | Link | Reply
  •  
    Relmar stated "Liberty safety net that says this company is never going to BK court." Where's your evidence that Liberty said that?

    ROFL

    Frank


    On Jun 21 09:50 AM relmar2003 wrote:

    > I guarantee you Ive made more money from Feb on going long, percentage
    > wise vs. invested money, vs. any short out there. No problem. No,
    > Mr. Stupid, it was a good trade till it hit the .12 cent bottom.
    > Since then, its been a dumb trade. They are fighting increasing sentiment,
    > better balance sheet, new revenue streams, and a Liberty safety net
    > that says this company is never going to BK court(Liberty would never
    > risk a judge telling what to do). Now they are fighting the real
    > possibility of positive earnings. Auto sales rebounding. A short
    > at .34 cents can even make a case. .34 cents is priced for BK still.
    > The stock price is a joke, and only represents the continued lingering
    > short bash trade(short the stock, bash through the media). Times
    > are a changin.
    Jun 21 05:15 PM | Link | Reply
  •  
    Well guys/gals it looks like the media is bashing Siri again. Their beating a dead horse the title, "SiriXM app is Flawed."

    How many times can these crooks post that same crap?

    This is OLD BASHING NEWS. Seems these people love trying to make old news new again.

    Frank
    Jun 21 05:22 PM | Link | Reply
  •  
    The only thing you bought was retraction from your bashing so what now are you going to eat crow (I heard that is pretty cheap as well .33 I think


    On Jun 20 01:57 AM Mr. Stupid wrote:

    > I see a great buying opportunity NOW with more upgrades coming soon.
    >
    >
    > Analyst are starting to see the green light for this company. <br/>
    >
    > I'm bought up a lot at .33 and glad I did. I kind of knew this was
    > going to happen this week but I didn't want to let the cat out of
    > the bag.
    >
    > I really think siri is making a turnaround of some sorte with all
    > the cards in place. I wouldn't be surprised to see the share price
    > break $2 by the end of this year.
    >
    > Remember, they have a lot of debt coming due the next few years but
    > if they can increase revenue while same time reducing expenses this
    > debt will be handled effectively.
    >
    > This is coming from someone that knows this stock and has always
    > had a determined success outlook for future growth.
    >
    > Frank
    Jun 21 06:38 PM | Link | Reply
  •  
    That's beez correct jsmitty


    On Jun 21 06:38 PM jmsithy wrote:

    > The only thing you bought was retraction from your bashing so what
    > now are you going to eat crow (I heard that is pretty cheap as well
    > .33 I think
    Jun 21 10:50 PM | Link | Reply
  •  
    BASHING OR TRUTH?
    I too have seen the "SiriXM app is Flawed." bashing article three times. That bunch is tied to Cramer and after he got death threats over SIRI loses; I don't much blame him for bashing SIRI. However, I hate media lies, slants, and government control.

    The Cramer problem goes back to the MERGER FINANCING. What a bomb that was for SIRI. Do you think Mel could possibly go into a billion dollar merger deal without financing in his back pocket? No?

    Mel knew what he was doing and screwed “Unwashed share holders” the day of the merger with dirty finnancing. Do you think he did not know GS would use those share to short the stock in billions? Mel knew what he was doing. That is the "Back End" profit I have been saying he makes. If he did not make millions (he did) on that one deal you can be guaranteed he made some very rich friends on inside shorting of SIRI.

    The CEO and management have no respect for Common. Published in Mel’s words, "Unwashed stock holders" (Google it). How do you feel being the "Unwashed"?

    My point is, this stock has years of history burning people. Media will be bashing it for a long time. Such a great service with big potential but so sadly run by a bunch of gangsters.

    I am not bashing this stock. I am long, less long and happier. I tell the story because I wish someone had told me before… The history of the stock is important. How the CEO feels about the share holder is important. For SIRI these are big bad issues...


    On Jun 21 05:22 PM Mr. Stupid wrote:

    > Well guys/gals it looks like the media is bashing Siri again. Their
    > beating a dead horse the title, "SiriXM app is Flawed."
    >
    > How many times can these crooks post that same crap?
    >
    > This is OLD BASHING NEWS. Seems these people love trying to make
    > old news new again.
    >
    > Frank
    Jun 21 11:52 PM | Link | Reply
  •  
    LONDON (MarketWatch) -- Sirius XM Radio Inc. /quotes/comstock/15*!s... (SIRI 0.36, +0.02, +4.99%) said Monday that its wholly owned subsidiary XM Satellite Radio Inc. will offer $350 million in aggregated principal amount of senior secured notes due 2013. XM will use the net proceeds from the offering to repay all amounts outstanding under its amended and restated credit agreement

    XM will ? But not in the US? I guess anything XM pays off is good for SIRI.

    Wonder what scam Mel is up to now?

    XM Satellite Radio Inc., a wholly owned indirect subsidiary of SIRIUS XM Radio (Nasdaq: SIRI - News), today announced the offering of $350 million in aggregate principal amount of Senior Secured Notes due 2013 to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States in compliance with Regulation S under the Securities Act.

    The securities have not been registered under the Securities Act, or any state securities laws, and may not be offered or sold in the United States absent registration, except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.

    Exemtion talk again, it must be a new Mel scam. Just hope this pays down some debt without getting us screwed again.
    Jun 22 07:31 AM | Link | Reply
  •  
    I listened to Stern for the first time in forever today just to see what he had to say about not being included in the Ipod App.

    Stern said,
    "It is about writes issues and Apple makes all that money. Now they wana make money on the Stern?"

    I thought Itunes already sold Stern Show Podcast? His statement did not sound like he wanted Apple making any money on him.

    Stern has 18 months remaining on his contract. Wow, that is going to be an issue soon...
    Jun 22 09:23 AM | Link | Reply
  •  
    Alright guys I won't be here long so listen up. Sirius is offering notes to pay off debt. This is a great move because it gives them wiggle room to funnel expansion and concentrate on other endeavors. I, personally, would buy more shares right now if I didn't buy up so many at .33. But that's ok, I will on my next check. Ok, here's the scoop. If Siri get's this offering completed expects some headline news and more upgrades coming real soon. Analyst are watching this stock like a hawk just looking for hints of upgrade criteria. Paying off debt is the most important and now that Siri has a foothold on expense related issues I would go past to say we will see 2 bucks a share before December 09.

    This is huge. Get in now or I will be looking at you in my rear view mirror.
    Jun 22 10:12 AM | Link | Reply
  •  
    OOOOOOOOOO.
    Takes a big man to bash a .35 cent stock.
    LOL LOL
    LOL
    What a bunch of losers. Evil people. Trying to convince poor stockholders to give up there only chance at making a decent return on this company. WOW. How do these people look themselves in the mirror? And for what? $2 an hour? .25 cents a post? Incredible. Or to think they work for the short. Wow, hey dad, you would be proud of me. I work on wall street. What do you do son? O I work for a hedge fund whos sole job I do is to write lies and half truths and try to scare people are of their hard earned money. So proud of you son!!!
    Either way, do we really want these types around?
    I sure dont.
    Jun 22 07:32 PM | Link | Reply
  •  
    Hey Mr. Stupid. Evidence?
    LOL LOL
    LOL LOL
    LOL
    I cant laugh enough.
    Pay attention boy, and you may learn something.IF you dont know that, or why, or what hes said about the company, you shouldnt be investing.
    He said it in the 550 dollar loan.
    He said in in the board seats. He said it to a reporter that he was not opposed to funding more money if necessary. All pointless now, because they just fulfilled a promise today. Mel promised to take care of all debt till 2011, and he just did it today. Went the notes get issed, he will clear away the 09, and 10 debt and repay most of the Liberty loan. They get a cheaper rate, and extend it to 2013. So theres your new date to chant about shorts. There going bk in 2013!!!!
    LOL
    LOL
    LOL
    Ill be sitting at $3 a share minimum by then, and remembering to my friends how in 2009 SiriusXM refied all there 2013 debt, and paid it off at the end of 2012 with cash on hand.
    Jun 22 07:38 PM | Link | Reply
  •  
    relmar

    You’re the only one making tasteless direct attacks on people. Not very professional are you? You are not hurting anyone but yourself.

    Your a long timer here and always selling SIRI no matter how bad. That tells me who is getting paid to sell SIRI.

    You act like a child. Two years you have been screaming like a spoiled kid with your emotional SIRI love affair. Just get a life and a new job. We know all about you and your 10 users ID's.

    Your one of the reasons Seeking Alpha dumped everyone off this board several months ago. Grow up baby!!!


    On Jun 22 07:40 PM relmar2003 wrote:

    > Posters on here have gone to hell.
    > If your an intelligent contributor, you know im not talking about
    > you. But seriously, where do these people come from? Half of them
    > sound retarted, and the other half sound like they are being paid
    > to post negatives, because they sound like they are coming from a
    > poster who can barely read.
    Jun 23 10:05 AM | Link | Reply
  •  
    A Real Basher – Cramer – The Street DOT com
    Trading blows of good news with bad news.

    Every word of good news gets a bashing from Cramer thestreet.com reviews. They downgraded today to sell. They say the Ipod App will not fly because of competition with free services.

    At the same time…

    Mel finally dipped into the Used Car Market (sort of). Pre-owned Volkswagens get free 3 month activation. No, Mel is not installing radios on used cars. Only an activation of already installed “qualified” models.

    Pluck and pluck this turkey is stuck at 37 cents again.

    Just more of the “to little to late” from our SIRI gangster…
    Jun 23 10:33 AM | Link | Reply
  •  
    Upgrades and Downgrades - Barrington Research upgraded Sirius XM (SIRI Quote) to outperform from market perform and assigned a stock price target of 70 cents. 70 cents. 70 cents. 70 cents. 70 cents.

    stuck at 37 cents
    Jun 23 01:32 PM | Link | Reply
  •  
    this will be at .40 by the end of the week give it time this just broke the .35 streak after 4 months. This is generally increasing everyday. Friday .34 / Monday .35 and today most likely .36
    Jun 23 03:02 PM | Link | Reply
  •  
    This will gradually upswing slowly which is good because now there will not be any naked short selling now since there will be no large volume of shares being exchanged since now what ever is being purchased will be sitting there for a certain amount of time and can not be removed or sold right away good bye short sellers hello bullish stock
    Jun 23 03:15 PM | Link | Reply