Is Sirius XM Positioned for Government Contracts?

By Lee Culp, Contributing Writer

Since the merger of Sirius and XM radio, there have been many advocates and skeptics about the value of the company’s service. On one hand, you have people who are absolutely fanatical about the quality and content of Sirius XM (SIRI), and on the other are the people who denigrate it every chance they get, believing it will go nowhere. In the middle are the majority of people who know nothing of the service due primarily to a lack of advertising.

What all of them should agree on is that Sirius XM is a media platform that has a decent paying subscriber base, substantial contracts throughout the automotive industry, and a content line-up that is unique unto its own. It can also be said that Sirius XM has successfully avoided bankruptcy. These factors lead to the logical conclusion that Sirius XM is here to stay, whether or not they continue to grow or suffer.

Many of the skeptics believe that applications like Pandora and Slacker will put a damper on the growth of Sirius XM within the mobile applications realm, or maybe shut Sirius XM down altogether. The advocates believe that because Sirius is the number one music download application on the iphone with over one million downloads in just two weeks, that it will counter and crush the others. The reality is probably somewhere in between – Sirius XM, Pandora, and Slacker will all have a reliable subscriber base, turning profits for all of them. Who turns the most profit seems to be the real argument.

Now, one debate that has failed to be mentioned, and again, one that everyone should agree with, is that only Sirius XM is in a position to acquire lucrative government contracts with its capabilities. Satellite radio is the pinnacle of radio communications, the only one easily capable of globalization, and only Sirius XM has that capability – well, them and the U.S. Government. Now, the government is not in the business of entertainment, but Sirius XM is, and has a tremendous advantage over its competitors with the potential to enter the business of national security through government contracting. Critics and advocates should also be able to agree that not only does the company have the potential, but a tremendous advantage already, as President Obama recently appointed a former Sirius XM board member, Jeffrey Zients as the country’s newest Chief of Technology. Effectively, Sirius XM already has the ear of the government.

Imagine a satellite radio receiver replacing all the clunky, antiquated radios within the military aviation arsenal. This would condense the Vietnam/Cold War era radio packages currently in use into one, nice, neat package, reducing weight in the airframe, saving fuel and maintenance costs to taxpayers. Even the cumbersome survival radios carried by the aviators could be replaced with a sleek, slim version, improving ergonomics and giving our pilots cutting-edge technology to possibly save their lives in a downed aircraft situation. Sirius XM has the potential to become a one-stop shop for aviation communications. The aviator can now communicate worldwide, the taxpayers and government save a ton of money. It is a win-win situation for everyone. This concept can even be applied to civilian aviation.

Sirius XM doesn’t have to stop there. They can also design an earpiece receiver for the National Park Service. Imagine tourists getting a guided tour of Niagara Falls, Yosemite Park, Mt. Rushmore, and the Grand Canyon, all with a little portable earpiece. Stations would be pre-programmed, and one would only have to dial in the frequency displayed at America’s historic landmarks to heighten the sensations of their beauty. This same concept could also apply to sports arenas, the Olympics, or any event drawing a large crowd.

Communications is a constant within all societies of the world, and only Sirius XM is in a position to offer unique entertainment, national security, and globalization. Consider that Sirius XM already has already demonstrated its ability to help victims of natural disasters as an example. It is now up to Sirius XM to seize these opportunities.

Position: Long SIRI

Comments

[R A F:]

Great article, Lee. Thinking outside the box and powerful marketing are the two ingredients Sirius XM now requires to really put the company on a firm path to prosperity. The potential is certainly there, for all the reasons you cite - and, presumably, others left to be envisioned - but the platform, content, and delivery all are unique and compelling. The only way Sirius can fail to reach their objectives is if they fail to implement the obvious tactics and stragegies that are now apparent to most clear minded fans of the service - and I strongly doubt the leadership of SIRI will permit that to occur.

Jul 12 08:35 AM

[jeb1969:]

Serious thinking from this author about the future of Sirius XM. It will be interesting to find out about the thinking of Sirius XM management on this matter.

Jul 12 08:39 AM

[Slickyboy:]

As a career Army officer who works in communications, I completely agree with your assessment for military possibilities. The next-generation of Joint radios, or JTRS, have yet to be developed and it appears now with many of the recent cuts by the Sec Def that it will be some time before we see their capabilities on the battlefield.
Another area I would like to see SIRI/XM pursue is with the commercial airlines. Recently my girlfriend and I took a Continental flight which had Direct-TV available for $6/person. Initially I was down on the idea but due to a programming error, both hers and my TV were free. At the end of the 3 hour flight we both concurred that we would gladly pay $6 each for all the channels available on a flight, especially because it made the 3 hours seem to fly by. Normally I bring a DVD player, but would much prefer to watch new shows. Now they just need to add a SIRI/XM service and charge a buck or two for those who would rather listen to one of 135 channels.

Jul 12 08:48 AM

[jeb1969:]

Verious thinking from this writer about the possible future of Sirius XM. I hope to hear which is the thinking of Sirius XM management on this matter.

Jul 12 09:07 AM

[IBuriedtheU...:]

Sirius XM and government contracts is not thinking outside the box... it is thinking inside the war chest.

Jul 12 11:11 AM

[Spiderman4:]

Hey Siri-Doom , can you go to another Sight please and target another stock to bring down. You sound PATHETIC. What price do you need Siri to drop down to so you can get your money back, or make money you F***K***N LOOOOSERRRRRRRRR...

Siri will be at $1.00 by year end or soonerrrrrrr

Jul 12 11:26 AM

[noendinsight:]

Siri-doom what do you do copy and paste your ramblings from article-article. Your opinions are so slanted negatively no one believes them.

Jul 12 11:28 AM

[sl62:]

siridoombag...

c'mon man...wtf, bro? Man you are a bitter dude. Always bringing enough hate to go around and then some. Here's a suggestion: go hunt down M. Hartlieb and MarkbMark and get with those guys. File a few lawsuits, go picket outside the ivory tower, make appearances on FBN, CNBC (oh wait, CNBC won't have anything to do with you because they're not hard up for ratings plus they go beyond hate for SIRI, they just pretend the company doesn't even exist), and all the rest. You're spending waaaay too much time here calling out Mel as a crook. You need to get over that fixation. Esp, if you go back and do some research. If you do, you'll see that Mel had ZERO to do with tanking an SP that was bid up by a euphoric market, not Mel. Remember $150bbl oil last year?

For those interested in facts, here's the real deal:

>> *SIRI hit its tech bubble high here:
03/06/00 V382,900 H68.00 L64.75 O65.375 C65.0625.
*By Oct 1 2002, the SP was here:
10/01/02 V1.28M H1.02 L0.80 O1.00 C0.90
*Into Q1 of '03 the SP was here:
03/14/03 V23.48M H0.45 L0.389 O0.42 C0.41
*On no profits, and the market crashing back to reality, this will surprises no one (except maybe Siridoombag).

*From there specualtion began creeping back in:
05/30/03 V133.44M H1.60 L1.45 O1.50 C1.60
01/05/04 V302.29M H4.20 L3.44 O4.191 C3.50
09/28/04 V39.49M H2.77 L2.60 O2.751 C2.65<<

*Then on Oct 6, 2004, the Howard news broke that he would start on Sirius in Jan of 2006 and this is what happened:
10/06/04 V344.15M H4.29 L3.6701 O4.2495 C3.87

*Then on Nov 19, 2004, MEL JOINED SIRIUS and this is what happened:
11/19/04 V317.10M H5.55 L5.02 O5.535 C5.17
12/07/04 V408.69M H9.43 L8.50 O8.69 C9.014

*Then you had this period:
12/08/04 V582.10M H8.101 L6.58 O7.89 C6.90
01/11/05 V134.92M H6.74 L5.99 O6.70 C6.10
04/27/05 V92.60M H4.88 L4.357 O4.65 C4.67
07/27/05 V15.78M H7.001 L6.936 O7.00 C6.97
11/16/05 V64.79M H7.4601 L7.24 O7.24 C7.40

*Then Howard showed up in Jan of 2006 and it was downhill from there.<<

Now. Siridoom. Please explain to me again how Mel is responsible for the SP decline again? He took over a company that had no profits and a hyper-inflated SP all based on OVER SPECULATION. And I know you know in general SIRI is a spec play without me having to tell you that, no matter what the SP is. According to your logic, Mel K entered into a win/win. Wrong. The facts say he entered into a lose/lose. Through which body hole exactly was he supposed to push out profits? Knowing that, he set out, and executed, the strategy he was brought in for: to GROW the company. Siridoom. I know you know the expense of high growth. Heavy expenditure will always ensue my friend. And so that phase of the story culminates on July 28 of last year when he did the impossible, but also the correct and very logical. Expand the company exponentially through acquisition. And what part of LBO don't you understand or the costs related to one? And a deal that should have been done at least 6 months before it was done were it not for those who never wanted it to happen in attempts to save their own necks and very livelyhoods. What part of that don't you understand? Do I also have to remind you that the revalue SP was $1.50? Given an apples to apples economic situation, the SP never would have been able to be taken down from that. Do I have to remind you of the credit freeze that began even before the deal was completed? Which led to a forced financing with loan sharks MS and UBS that came with a hedge? That required 74M sh to be lent out to potentially hurt the SP given the right prolonged bad news? Which perfectly came true right on queue and in spades as 100 y/o fnancal institutions were going bankrupt and the world's economy was unraveling across the board? What part of that don't you get? Look. you can hate on Mel as much as you want, or this company, whch provides a unique and desired service to society. But we're going to refute your accusations that aren't backed up by facts. That way readers can decide for themselves if they should follow your way of thinking. The facts are that SiriusXM is essentially a brand new company. Satrad, as a concept with multiple players in the space is not new. SiriusXM as a single entity and monopoly, is brand new to the world as of 7/28/08. So what does any new company deserve? Time. What I see so far is nothing short of great progress. I have a Kia spot running in my market right now that calls out Satrad as a standard offering to their stable of features. This is what you are seeing and will see much more of every month from here on out. Satrad in the car is next to becoming THE standard for radio delivery already because of all the entertainment and navigation that comes with it. It's an entertaiment PORTAL to your car the same way your fav web portals are to your computer. That is the new "radio". Radio as the music and AM talk stream we once knew is all but dead and in the casket. You'll see this in the coming years. Mel is responsible for effectively creating a new company that will outshine ALL of its peers and competition in very short order. .38 SP? What a joke and not long to be a distant memory. Now with it also on the iphone, you will see better proliferation outside the car also. This is a can't lose deal my friend. NO matter how bitter you want to be about what has come before and whomever you want to erroneously blame, Sirius XM will be shutting people like you up also in short order. So, I would say enjoy your time while it lasts. Or maybe just look at yourself in the mirror and take responsibility for your own trades on a spec stock that fell of the table on you. Maybe call up some of the dudes who lost their ass in oil last year because they didn't do their DD and bitch and moan with them about how the big bad market took your money. You gotta play smart my fiend. When you play smart, you don't get hurt. And if/when you should happen to get hurt, you don't bitch and moan, you move on and alter your strategy to make up for your own shortcomings. Think about it.

Lastly...

You are providing more bad info the community. you said:

>>SIRI DEBT
2010: $350 in loans coming due<<

This is incorrect. Where is the new bond deal in your numbers? That money is no longer due next year:

>>NEW YORK, June 25 /PRNewswire-FirstCall/ -- XM Satellite Radio Inc., a wholly owned indirect subsidiary of SIRIUS XM Radio (Nasdaq: SIRI - News), priced an offering of $525,750,000 of Senior Secured Notes due 2013. The offering size was increased today from $350,000,000 in response to strong investor demand.
The notes, which were offered pursuant to Rule 144A and Regulation S under the Securities Act of 1933 (the "Securities Act"), will bear interest at an annual rate of 11.25%. The price to investors will be 95.093% of the principal amount of the notes. The company will receive gross proceeds of $499,951,448 from the sale of the notes before deducting the initial purchaser's commissions and estimated offering expenses. The notes will be guaranteed by XM Satellite Radio Holdings Inc. and certain subsidiaries. XM will use the net proceeds from the offering to repay all amounts outstanding under its amended and restated credit agreement; to replace the $150 million second-lien credit agreement with Liberty Media Corporation, which will be terminated upon the closing of the offering; and to refinance or repay other debt of XM and XM Holdings. The balance of the net proceeds, if any, will be used for general corporate purposes.<<

>>Form 8-K for SIRIUS XM RADIO INC.
*On March 6, 2009, XM Satellite Radio Inc. ("XM"), our wholly-owned subsidiary, amended and restated (i) the $100 million Credit Agreement, dated as of June 26, 2008, among XM, XM Satellite Radio Holdings Inc., our wholly-owned subsidiary and the parent of XM ("XM Holdings"), the lenders named therein and UBS AG, as administrative agent (the "UBS Term Loan") and (ii) the $250 million Credit Agreement, dated as of May 5, 2006, among XM, XM Holdings, the lenders named therein and JPMorgan Chase Bank, N.A., as administrative agent (the "JPM Revolver" and, together with the UBS Term Loan, the "Previous Facilities"). The Previous Facilities have been combined as term loans into the Amended and Restated Credit Agreement, dated as of March 6, 2009, among XM, XM Holdings, the lenders named therein and JPMorgan Chase Bank, N.A., as administrative agent (the "First-Lien Credit Agreement"), and Liberty Media LLC (the "Purchaser") has purchased $100 million aggregate principal amount of such loans from the lenders.

*On March 6, 2009, XM entered into an Amended and Restated Credit Agreement (the "Second-Lien Credit Agreement") with Liberty Media Corporation, as administrative agent and collateral agent, and simultaneously closed the facility. Pursuant to the Second-Lien Credit Agreement, XM may borrow $150 million aggregate principal amount of term loans on December 1, 2009. The proceeds of the loans will be used to repay a portion of the 10% Convertible Notes due 2009 of XM Holdings on the stated maturity date thereof. The Second-Lien Credit Agreement matures on March 1, 2011, and bears interest at 15% per annum.<<

Jul 12 04:42 PM

[Mr. Stupid:]

Siri-doom, got a hold of yourself....You're obviously manic with all your posts. Go outside and get some fresh air, take some deep breaths, and listen to the birdies sing. I know you lost mucho $$$$ on this stock but it doesn't do you any good to just sit around the house all day and type up these posts.

Go out and do something, you will feel better...

AND WE WILL TOO,

Mr. Stupid


On Jul 12 09:04 PM SIRI-Doom wrote:

> DID MEL SEND THE CHECK?
>
> You know when Mel sends out the checks. The blog’s all turn positive
> and the bashers start getting bashed by the same 3 people who use
> several nickIDs.
>
> But when Seeking Alpha gets a big check the people who talk bad about
> SIRI all get kicked off.
>
> More true than you think. This is my private indicator of when Mel
> is spending money on advertising. But, remember the difference between
> SIRI advertising and Mel defending his ego. Good effective advertising
> is good for the stock. Mel’s ego has never been good for SIRI…

Jul 12 09:26 PM

[User 316731:]

The ONLY worldwide system? Really? Did you bother doing any research with Lockheed Martin, General Dynamics, and Harris on the JTRS technology?

Jul 12 10:48 PM

[fishluvrain:]

Interesting article. I am sure that were the U S Gov't were to offer SIRIUS to its personnel (military) it would be greatly appreciated. Come to think of it perhaps the commercial airline industry might consider making it available also to passengers also. I wonder if it would be possible to upload and download an internet signal too.

Jul 12 11:50 PM

[Mrcody:]

This is the dumbest thinking outside the box idea I have ever heard. EOM

Jul 12 11:59 PM

[R A F:]

Virtually all of the SIRI-Doom comments above are repeats of the vitriol he has been spewing for months - nothing new here but the same old emotional rants and accusations that fail to stand up to reason. After ad-nauseum posts by this guy, I have yet to hear from him exactly how he thinks Mel gains by a reverse split - particularly after Mel's compensation in future years seems to depend heavily upon the stock being substantially above the .43 option exercise strike price on the award he was recently granted. Presumably all option grants will be affected just as common price will be in relationship to any future splits and/or reverse splits. This is common practice. So - all readers of SIRI-Doom comments should seriously question his motives and veracity when evaluating the merits of his constant barrage of these types of allegations and statements.

Jul 13 06:33 AM

[SIRI-Doom:]

Mercedes-Benz to Launch SIRIUS Introductory Trial on All SIRIUS-Equipped Certified Pre-Owned Vehicles

Used Gas Hogs get free SIRI
If they already have a SIRI radio installed.

Not hiting the used car market by selling new radios. Not a new deal with Mercedes. Just more free stuff to keep subscriber numbers up with unpaid users...

Jul 13 08:31 AM

[SIRI-Doom:]

Goldman Sacks SIRI Monday play, (from history trades)

Make 3 cents a share today

Sell before 10:40 am at 405 cents

Buy back at 375 cents

Jul 13 08:47 AM

[1more4me:]

Yep- Obviously it is hard for your goofy a-s. You got BURNED- 160K @ $2.00+ ...Oh, you got ripped Angola MSP style. You SERIOSLY need to STOP TRADING! Listen to your ol pals Relmor and Sl62- for they know you are a punk- have even taken the time to School you and you disrespect with repeat- repeat -repeat post..... geez.. Cash out- take the tax write off- and go buy a DOW Index- and go the hell away...
PEACE


On Jul 13 12:15 AM SIRI-Doom wrote:
> People need to know SIRI is not a stock for the newbie day trader.
> I am long in an pre-merger position with 160,000 shares. I have traded
> to avg down from a 4.31 a share position to now 2.14 a share. I do
> this by predicting Goldman Sacks and Mel’s dirty deeds.-----AND YOU OBVIOSLY SUCK AT IT!

Jul 13 09:29 AM

[SIRI-Doom:]

NEW YORK, July 10 (Reuters) - Short interest
COMPANY NET CHANGE PCT CHANGE
----------------------...
FIVE BIGGEST INCREASES:
Sirius XM Radio (SIRI.O) 29,846,671 18.09

Sirius XM Radio FIVE BIGGEST Short INCREASES

If everything is so up, why do the big boys keep shorting SIRI?

Sirius XM bearish

Jul 13 09:43 AM

[sl62:]

siridoom....

give this thing a chance...it will surprise you sooner than later...

Jul 13 09:44 AM

[connorport:]

What did i miss? Glad to see everyone here holding down the fort. Please if you must blog here have some substantial facts to discuss. Mel is no dummy! If you want to learn how to make money then follow the Billionaires. You wouldn't ask the guy and the McDonald's drive through in the morning on your way to work while you scoop up your egg mcmuffin for his stock picks. What you will find here is mostly intelligent people that will give you their opinions and dig for the facts. When you learn the facts then please feel free to blog your opinions. We definately want to hear them.

Jul 13 10:16 AM

[SIRI-Doom:]

Yeeeeeeeeee Haaaaaaaaaa

I see the 10:30 am 40 cents... I am selling now before the 11 PM dive.

Jul 13 10:34 AM

[SIRI-Doom:]

12 PM dive

Jul 13 10:35 AM

[User 74287:]

The government is not going to contract with Sirius, an entertainment
company, for its national security. Sirius has so much debt and is a penny stock making a new equity issue difficult. S&P has a .50 cent
one year target, if it doesn't file for bankruptcy.
You are doing your reader a diservice by always promoting Sirius just
because you are long Sirius.
Sirius is a sell if you own it and a stay away if you do not.

Jul 13 10:36 AM

[SIRI-Doom:]

Well, I don’t agree with staying away from SIRI.

SIRI is a penny stock and you can now trade it like one.

Now that the Russell index dropped it and the 5.00 rule bares it from most of the funds, SIRI trades mostly to retail and day traders. When like today, Goldman Sacks provides the “penny milk” action on 8 million in volume, day traders can play a nice 2 to 4 cent spread.

But for the love of God keep sharp on the news and dirty tricks or Mel will burn you.

Jul 13 10:52 AM

[SIRI-Doom:]

Nap time

OK sold 50,000 in blocks 40 to 408 cents.

Opened a trigger to buy back at 368 cents.

Day is over... Going to have a ham sandwich and take a nap...

LOL

Jul 13 11:12 AM

[Dr.Data:]

Not to quibble, but when did Niagara Falls become a National Park?

Jul 13 12:16 PM

[jmsithy:]

why did you set this up as a 60 day trigger at .36 lol well this will not go back to .36 today


On Jul 13 11:12 AM SIRI-Doom wrote:

> Nap time
>
> OK sold 50,000 in blocks 40 to 408 cents.
>
> Opened a trigger to buy back at 368 cents.
>
> Day is over... Going to have a ham sandwich and take a nap...
>
> LOL

Jul 13 12:19 PM

[SIRI-Doom:]

Maybe not today

If you look at the 30 day graph you see Goldman Sacks is pumping and dumping like this:

They float with a .006 share algorithm that recharges every 6 days with a spike. Then, they pull it back over an 4 to 6 day trend ending in a 4 cents spread.

I call this Mel’s Goldman Sacks, “Penny Milk” ---Be advised that GS randomly changes the computer strategy.

The monkey can get you doing this spread stuff. So, I have mentally split my shares in 50,000 blocks. Because I am currently a bull, I keep one block of 50,000 shares in all the time. I work the other two blocks on the spread every 12 days. This has netted me a recovery income of $2,000.00 per week.

I do not normally tell my strategy and please do not take any of this as advice. I felt my bashing needed some clarification of how and why I am long, very long and deep from the merger.

Jul 13 12:54 PM

[Blue23:]

First - Dr. Data made me laugh. Too funny. Thank you.
Second - Quit posting about siri-dumb, please. The people that response to the posts are almost as annoying and, it's not like the computer generating the generic posts is reading yours.

Thank. Carry on.

Jul 13 12:54 PM

[SIRI-Doom:]

Although I have made back some money analyzing Goldman Sacks, GS pump and dump. What I would really like people to understand is this activity is total corruption of the stock market.

GS can only run this penny scam because Mel gave them the shares in the original “Quick and Dirty” merger financing. GS uses trades from 3 trading desks to bounce shares back and forth from one holding company to the next. They milk SIRI pennies at a time. GS has full control of SIRI price. SIRI is were Mel want it to be and GS is the tool.

GS trading software was stolen last week. Guess what the FBI said? “Because of the many links to trading desks, the trading software can be used to manipulate stocks in unfair ways”. DOES GS USE IT’S SOFTWARE FAIRLY?

GS even hold the major short position in SIRI and that tells you they are hedged for a losing game.

All corruption and we should be screaming about it. Oh no, shhhh, we want SIRI to go up today… God help us…

Jul 13 01:41 PM

[Banana:]

Well said. There's another company in a great position for lucrative government contracts in the communications arena. Kellogg Company (NYSE:K). They make a terrific cereal called Raisin Bran that has about as much to do with military communications and government contracting as Sirius. Yes, Sirius makes use of special purpose satellites to re-broadcast their signal to North America. These satellites would only be of use to the US government if they also wanted to transmit channels of streaming music and video to North America. Not very useful militarily, considering we'd probably need communications over Iraq or Afghanistan. And even if these satellites were over Iraq/Afghanistan, they transmit streaming media. The technology, type of satellite, and many other aspects are completely different. You'd be better off betting on Kellogg becoming a global provider of military satellite communications. (Position: Long SIRI)

Jul 13 01:50 PM

[R A F:]

SIRI-Doom: You continue to make serious allegations against Mel Karmazin and Goldman Sachs, alleging a conspiracy of corruption.
Have you brought these charges of corruption to the attention of the S.E.C.?

Jul 13 01:58 PM

[jmsithy:]

well then just that means you are a short seller that everyone frowns upon / too bad this will not see .36 for quite a while and this has not been a .006 GS float that you are implying where is the SEC when Siri-doom short sells to bring down the stock


On Jul 13 01:41 PM SIRI-Doom wrote:

> Although I have made back some money analyzing Goldman Sacks, GS
> pump and dump. What I would really like people to understand is this
> activity is total corruption of the stock market.
>
> GS can only run this penny scam because Mel gave them the shares
> in the original “Quick and Dirty” merger financing. GS uses trades
> from 3 trading desks to bounce shares back and forth from one holding
> company to the next. They milk SIRI pennies at a time. GS has full
> control of SIRI price. SIRI is were Mel want it to be and GS is the
> tool.
>
> GS trading software was stolen last week. Guess what the FBI said?
> “Because of the many links to trading desks, the trading software
> can be used to manipulate stocks in unfair ways”. DOES GS USE IT’S
> SOFTWARE FAIRLY?
>
> GS even hold the major short position in SIRI and that tells you
> they are hedged for a losing game.
>
> All corruption and we should be screaming about it. Oh no, shhhh,
> we want SIRI to go up today… God help us…

Jul 13 02:40 PM

[SIRI-Doom:]

There is your 3 cents

Day's Range: 0.3750 - 0.4096
Volume: 27,913,963

Because someone said “I suck at it”. I called the day and even got very close on the time of trades. I know SIRI and how it trades

I did NOT get this block of share back in at 37 cents. The 2nd Q report has me worried so decided to wait for the extra penny at 368 cents by Friday.

I still hold 110,000 Shares long.

NOTE – The volume on SIRI will be lower now that the Russell index dropped SIRI and this blocks even more of the funds access. SIRI is now mostly a retail trade. But, this makes it easier to track GS activity.
----------------------...
No, I do not short SIRI.

Yes, the SEC knows all I have said. The SEC does not investigate GS or Mel without massive public demand. The SEC has a stack of people who have provided mountains of evidence on Mel and GS. A movie was made about it. But, no investigation.

HERE WAS MY PREDICTION AS POSTED ABOVE


On Jul 13 08:47 AM SIRI-Doom wrote:

> Goldman Sacks SIRI Monday play, (from history trades)
>
> Make 3 cents a share today
>
> Sell before 10:40 am at 405 cents
>
> Buy back at 375 cents

Jul 13 03:51 PM

[SIRI-Doom:]

Jmsithy
Antagonistic, but I will answer anyway.

My use of the word “float” refers to how GS trades 006 cents gains and loses from one desk counter to the other desk. They do this to keep SIRI floating at the price they want and then to send it in the direction they want.

GS can pump it up, float it for hours or day and then dump taking all your pennies 006 cents at a time. They are currently using 006 but randomly change the entire algorithm.

Jul 13 04:11 PM

[jmsithy:]

this is a bit flawed because if you look at the whole month of june

this ranged from .32 to .46 where did you get the .006 from. I ask this because you said every 6th day this spikes to have a spread of .04 which you can see this was not the case from June 16th through July 1st

June 16th - rose .32 to .40
June 18th - dropped from .40 to .34
June 25th went back up to .46
June 26th went back down to .36
June 29th went back up to .46
July 10th went back down to .37

so where does your theory fit into that play?

it is more of a range than what you were taking about


On Jul 13 04:11 PM SIRI-Doom wrote:

> Jmsithy
> Antagonistic, but I will answer anyway.
>
> My use of the word “float” refers to how GS trades 006 cents gains
> and loses from one desk counter to the other desk. They do this to
> keep SIRI floating at the price they want and then to send it in
> the direction they want.
>
> GS can pump it up, float it for hours or day and then dump taking
> all your pennies 006 cents at a time. They are currently using 006
> but randomly change the entire algorithm.

Jul 13 04:33 PM

[SIRI-Doom:]

Facts about the truth

You can lie to people all day long and tell them good news. People love to here good news even if it is a lie. They will love you if you lie to them with good news.

Try to tell the truth and expose the horror of corruption and they will hate you. You can show people the truth, show them documents, demonstrate how it works but most people will still say “It is not true”.

Hate me if you wish. Believe what ever you need to believe.

I called the entire days SIRI trade and showed you how to make 3 cents on the GS computer. So, hate me…
------

jmsithy, I give up. This is way too complicated to explain on a blog. It takes weeks/months to figure out the algorithms. Some of them not yet figured out. I have mastered 5 of GS algorithms so far this year. Without the big boy & funds trading it is much easier to trace for the data and that is the hard part.…

Jul 13 04:56 PM

[SIRI-Doom:]

Jsmithy
The flaw you see are trends set up by current events and news. Some things cause GS to reset, pause, or adjust. You have to track all the variables like day of the week and news of a Ipod App...

I do not mean to show you a system of trading. I was showing you the corruption.

Jul 13 05:14 PM

[jmsithy:]

I understand the corruption that is why this has always been at .35 for the last 6 months what we see here is no differnet I was saying last week this will go to .35 by this week


On Jul 13 05:14 PM SIRI-Doom wrote:

> Jsmithy
> The flaw you see are trends set up by current events and news. Some
> things cause GS to reset, pause, or adjust. You have to track all
> the variables like day of the week and news of a Ipod App...
>
> I do not mean to show you a system of trading. I was showing you
> the corruption.

Jul 13 06:17 PM

[sabex:]

While I will accept any positive SIRI articles, this one smells of desperation.
Item: Military needs 2 way communication - a handy dandy little receiver ceases to be little once it needs to ramp up the watts to get a signal to orbit.
Item: military communication requires encryption AND anti-jamming. The SIRI signal goes out under highway bridges, any half assed attempt at jamming is guaranteed successful.
Item: bandwidth - there is a limited radio spectrum so cramming in a few channels just for tour guides is ridiculously cost ineffective. Not to mention that the satellites themselves have specific limitations on how many parallel streams they can push.
Item: geosynchronous satellites are by definition stationary relative to the earth. Hence, in order to reach every location on the planet, you need large numbers of satellites.

Sorry, this on just won't fly (pun intended)

Jul 13 09:47 PM

[dragonpaw:]

You guys sound just like the Wall-Street talking-heads. Wake up and smell the roses (more realisticly the 'tulips' [google-up 'tupipmania] and see where you fit in the roulette wheel.
Happy gambling ya'll!

Jul 13 09:50 PM

[TRUTH106:]

SIRI long term investors will be a long term losers - no matter how many new subscribers they get..why?
Fact#1: Since July 13, 2005 'til today SIRI added more than 3MIL net subscribers..
Fact#2: Stock quotes: July13,2005 - $6.80
July13,2009 - $0.38
U get the picture? As long as Karmazin@co stay, long term investors can kiss their $$ good bye.
Great technology + ugly management(from cust.service to ceo)=screwed shareholders..

Jul 13 10:28 PM

[itsjust$:]

If the Govt. is involved in Sirius, that shoots down my hope that when,not if Oblahma takes control of Right Wing Radio, Sirius would
be the only place they could get it....Of course if the Gov. is involved
there will be no huge subscriber bonanza ....since the Gov will also kill satellite right wing....shoot

Jul 13 11:01 PM

[R A F:]

I think you are missing the point, TRUTH106: The key to profitability for SIRI over the long term is not merely how many subscribers they have and add - it's how they eventually monetize those subscribers. SIRI now has a very large base of subscribers (the first phase of the strategy) and will certainly be adding substantial numbers of additional subscribers in the future, given the potential of smartphones, wireless devices, and the replacement of the ageing U.S. auto fleet. This is a very powerful combination, as the platform is then in place to eventually find new and creative ways to monetize this base. As all in media know - the first phase is always to "get the eyeballs". Common sense suggests there will certainly be new and innovative ways to monetize this base in the future, generating impressive revenue growth.

Jul 14 07:04 AM

[Come on Guy...:]

Hey Remlor, so far now there are 2 auto manufacturers that will equip all 2010 cars with Satellite Radio, Mercedes Benz and Kia. This is a good sign to see. Soon we will see more!

Jul 14 08:21 AM

[Slickyboy:]

I would offer to those that are nay-sayers for the potential of Gov't/Military contracts that there may very well be interest in SIRI/XM if the capabilities were presented to the right organizations. Although Iridium did not start out with the intent of working with the Government, it was eventually the DoD that purchased the gateway after Iridium went bankrupt and eventually awarded them a very lucrative contract for over 20,000 sat phones used world-wide. While I do not claim to be an expert on the types of satellites used by SIRI/XM, nor their capabilities, I would imagine there are some useful functions which remain untapped that the Gov't would be willing to pay for.
Specifically to the DoD, we have many more missions that the current fights in OIF and OEF. We have also been tapped through USNORTHCOM for homeland defense. I work in the same building as these guys and I know that communications can be very challenging, specifically when you are talking about integrating communications with civilian platforms, a necessary requirement for homeland defense. Even the ability to control a couple of SIRI/XM's channels for emergency information could be very beneficial in putting everyone on the same platform. As was mentioned earlier, the receivers are relatively inexpensive and could easily be worked-in to even local emergency relief organizations. Just a few thoughts which are possibly worth flushing out by SIRI/XM.

Jul 14 11:24 AM

[SIRI-Doom:]

NasD 1.00 rule and SIRI Rev-Split -- Mel lobbying NasD to get it done.

The word from a SEC investigator who does no want to be named.

Mel is lobbying with NasD to lift the 1.00 rule suspension. SIRI lawyers have been in talks lobbying with NasD officials to reinstate the rule.

If the rule is enforced, SIRI must get the share price over 1.00 within (about 90 days). Mel has authority to split (10-50 to 1) only if the rule is enforced and SIRI gets a letter warning of a NasD delisting.

Mel wants the rev-split and would like to announce the split in the 2Q report. Mel has his lawyers lobbying the NasD to get it done.

So, dump on any news of the split. SIRI will be hammered after the split. IMHO, Mel will probably go for the entire 50 to 1 because he knows he is going to get hammered back under the buck at any amount less. (Historically most stocks that rev-split get hammered at first.)

Jul 14 08:09 PM

[SIRI-Doom:]

NasD has many stocks under a 1.00
To start enforcing the rule is bad for many companies. It is not a good idea for the NasD at this time.

But, Mel has the backing of the US Government to keep SIRI alive for centralized control of the Satellite radio spectrum. That is a lot of power for one God.

Also, It is discussing that the CEO we once trusted is now working dark corners in secret to wipe out our entire investment.

DAY TRADERS BE DAMMED! By lobbying the NasD for a rev-split Mel has made himself an enemy of long term SIRI common stock holders.

Jul 14 08:36 PM

[SIRI-Doom:]

R A F (the first phase of the strategy)

Well, it is nice to know that after 12 years we are still in the fist phase...

hehehheheh LOL... I love all the new investors...

Jul 14 08:41 PM

[Factzplz:]

this will never be a global operation as its satellites only operate within the United States, and it does not have the money to add satellites for global coverage. It sounds like a great idea but will never happen.

Jul 14 08:45 PM

[R A F:]

SIRI-Doom - Based upon your fear mongering about a reverse split, I'd say you are probably short and increasingly nervous. Your comments are pure BS, as Mel now has an option award at .43 on 120 million shares that would be seriously impacted by any reverse split at this time. So please explain to all of us exactly how a reverse split benefits Mel with this information in mind. If you cannot come up with any cogent reasoning on this, then please fold up your tent and head for the hills.

Jul 14 09:22 PM

[archer_id:]

How ironic. You propose that the government can use this service, especially the military, yet I have trouble receiving the signal inside my home unless the antenna is placed in a window and is facing it in a special way. I hope the US Military has better luck than I have.

Jul 14 10:20 PM

[archer_id:]

How ironic. You propose that the government can use this service, especially the military, yet I have trouble receiving the signal inside my home unless the antenna is placed in a window and is facing it in a special way. I hope the US Military has better luck than I have.

Jul 14 10:20 PM

[User 335558:]

Lee You Are A Genius!! It's too bad little companies like Lockheed Martin,Northrop Grumman,and General Dynamics beat you to it! A Genius pal Absolute Genius.Do you know who did JFK in?MJ? Mel karmazin the new CIA director, John Malone Secretary of State,and of course Howard Stern Black Ops. Genius Pal, do you know Brandon?

Jul 23 04:57 PM

[Steve-W:]

I am a pilot and there is much more to add. SIRI / XM has been in the aviation world for a few years and is getting ready to explode into the automotive world in an entirely new way. They work hand in hand with Garmin now and provide the XM sat link internal in my GPS so that I not only have a moving map display in my airplane, but it overlays weather in real time right onto the map. Now I can see the rain, rain intensity, thunderstorm and more and fly around the bad ones with ease. This is coming soon to automotive GPSs so a driver can see the storms moving across his path far in advance. It is already hitting big in the Aviation and Marine markets.

Steve in Washington, DC


On Jul 12 08:35 AM R A F wrote:

> Great article, Lee. Thinking outside the box and powerful marketing
> are the two ingredients Sirius XM now requires to really put the
> company on a firm path to prosperity. The potential is certainly
> there, for all the reasons you cite - and, presumably, others left
> to be envisioned - but the platform, content, and delivery all are
> unique and compelling. The only way Sirius can fail to reach their
> objectives is if they fail to implement the obvious tactics and stragegies
> that are now apparent to most clear minded fans of the service -
> and I strongly doubt the leadership of SIRI will permit that to occur.

Jul 28 11:18 AM

[jdamazon:]

The convergence of a solid GPS company and SIRI would help to localize content, particularly for tourism and advertising. SIRI is a serious takeover target at this pitiful level and I hope better management will do just that.

Jul 31 04:54 PM

[rangers641:]

While I agree with most things in the article, it would be a waste of programming to have different channels for local exhibits. Might as well set up a local broadcast signal for free.... The only and major benefit SIRI brings to the table is nationwide radio service that is the same coast to coast. This is great on so many levels.

Aug 03 08:37 PM