By Brandon Matthews

In another exclusive Satwaves Radio interview, Senior Analyst Murray Arenson of Janco Partners called in to discuss the reasons for the firm’s resumption of coverage of Sirius XM Radio (SIRI), with an accumulate rating and .80 price target. Mr. Arenson brilliantly ran a gauntlet of questions as he highlighted both the pros and cons of Sirius XM Radio’s business model.

By Brandon Matthews

A new research report was issued Wednesday by ConvergEx, which publishes a monthly “Jaywalk Concensus” report on thousands of individual equities, on shares of Sirius XM Radio (SIRI). ConvergEx's clients include asset managers, broker-dealers, corporations, financial intermediaries, hedge funds and retirement plan sponsors. Jaywalk is the independent equity research consultancy of ConvergEx.

By Brandon Matthews

In a Fox News exclusive, Sirius XM Radio (SIRI) CEO Mel Karmazin sat down with Neil Cavuto to discuss the current Satellite Radio environment. Karmazin reiterated his position that Sirius XM is now a cash flow growth story as opposed to a subscriber growth story, as he described the newly merged Sirius XM Radio’s generation of positive free cash flow. He indicated that free cash flow is what will enable the company to pay down debt, buy back shares of its stock and make acquisitions.

By David “Newman” Phillips

Will they never learn their lesson? In an article posted Friday afternoon, Scott Moritz of The Street.com (TSCM) wrote an outright bash piece of Sirius XM (SIRI). I will refrain from posting a link to the article because it does not deserve the clicks. Here at Satwaves, Brandon Matthews has already posted many of the slam pieces that Mad Money “star” Jim Cramer has published. I was going to blow it off and let it be, but it really was just too much and needed to be responded to.

By Brandon Matthews

Is the media deal of the century about to take place? According to a Reuters news report, Greg Maffei of Liberty Media (LINTA) expects to “spin-off” Liberty’s preferred stake in Sirius XM Radio (SIRI), which represents a 40 percent interest in the company, “at some point.”

By Brandon Matthews

Murray Arenson of Janco Partners has resumed coverage of Sirius XM Radio (SIRI) with an ACCUMULATE rating and a price objective of .80., stating a belief that Sirius XM has in fact turned away from a subscriber growth story to a cash flow growth story that stems from Sirius XM posting four consecutive quarters of positive adjusted EBITDA. Mr Arenson was also impressed with the statement from Sirius XM that .70 of every incremental dollar of revenue now falls to the bottom line given its fixed cost infrastructure.

By Brandon Matthews

About a year ago, I asked an analyst why he felt Sirius XM Radio (SIRI) did not advertise more aggressively. His understanding was that the company had made the decision based on market research, that indicated that the return on ad spending did not justify an aggressive marketing campaign at the time. Typically, he said, most companies look to generate 2 dollars of revenue for every ad dollar spent. As we look back at the economy over the past 12-18 months, we can see how this makes sense. Last week, Sirius XM Radio announced the November 15, 2009 launch of the most aggressive ad campaign in the company’s history.

By Brandon Matthews

In a report issued Monday by Barrington Research Associates, Senior Investment Analyst Jim Goss maintained his OUTPERFORM rating on Sirius XM Radio (SIRI) while upgrading his 2010 and 2011 price targets following the company’s third quarter earnings report.

By Brandon Matthews

For most of the past year, investors in Sirius XM Radio (SIRI) have been forced to become a bit more sophisticated. Until recently, Sirius XM was truly a speculative stock play. Battle lines were drawn between people who bought shares of the company out of a belief in the product and self proclaimed experts with no belief in the company’s long term viability. Satellite Radio has existed for years with its believers having one goal in mind: The goal that cash flow break-even would occur and growth would ensue. That goal was to be attained when the subscriber rolls surpassed 1 million. Then 2 million. Then 5 million. Always being pushed farther and farther away as round after round of equity dilution came and went. Many had given up.

By Brandon Matthews

Yesterday, Sirius XM Radio (SIRI) reported its third quarter results, which can only be described as outstanding by any measure. Subscriber growth has returned, revenue has increased, costs continue to fall as any future liquidity questions have now been put to rest.

By Brandon Matthews

In an exclusive Satwaves Radio interview, Senior Investment Analyst Jim Goss of Barrington Research Associates offered listeners his perspective of Sirius XM Radio (SIRI) and its growth potential.

By Brandon Matthews

In an exclusive Satwaves Radio interview last week with Senior Analyst Jessica Caldwell of Edmunds.com, Miss Caldwell predicted October auto sales of just over 800,000 units. The results are in, and the the total number of new cars and light trucks sold for the month of October is 804,748. Congratulations Jessica on making that call.

by David “Newman” Phillips

Sirius XM (SIRI) is set to report its Q3 numbers on Thursday November 5th. Of course, Satwaves will once again be providing live blogging coverage of the event using the CoverItLive Platform. I felt it would be prudent to let our readers know exactly what I am expecting. Brandon has already given his numbers, so now it is my turn…

By Brandon Matthews

As Sirius XM Radio (SIRI) prepares for its Q3 2009 conference call, most are looking to basic metrics of earnings per share, EBITDA, subscriber acquisition or loss, subscriber churn and acquisition costs. These are typical metrics that have the potential of moving the equity one way or another under normal circumstances. These are not normal circumstances, however. SIRI shares tend to rise into earnings release dates yet the equity seems to be “stuck” at .58 – .60 as Thursday’s earnings call approaches.

By Brandon Matthews

Blackberry (RIMM) users and Satellite Radio fans may have reason to rejoice in the coming weeks. Several days ago, a reader forwarded me a press release that indicates that the new flagship Blackberry Bold 9700 will deliver Sirius Satellite Radio (SIRI), which until now could only be accessed by using other means.

By Brandon Matthews

The XM SkyDock has begun to receive the accolades that I have been reporting would come. Rave reviews of the revolutionary new satellite radio offering are beginning to pour in, as more and more Apple (AAPL) iPhone and iPod Touch owners are coming to the realization that yes……There’s an app for that!

By Brandon Matthews

Sirius XM Radio (SIRI) has announced that the company will report third quarter 2009 earnings on November 5, 2009, and of course Satwaves will cover the event live beginning at 6 am EST on that day. With Tuesday’s announcement, I will once again embark on my quarterly exercise in futility and post my own expectations of what we might expect to hear from the company. It should also be noted that I have been conservative in these estimates & calculations, and that the only numbers that truly matter are the ones that will be reported by the company. Specific patterns or trends are only just beginning to emerge since the merger of Sirius and XM Satellite Radio, making estimates difficult.

By Brandon Matthews

For the last year, I have been outspoken in my belief that Sirius XM Radio (SIRI) should institute a reverse split that won a majority of its shareholders' approval last year, sooner rather than later. This remains a hot topic issue on the Satwaves Forum, and fear-mongering short sellers are using stock message boards to further create fear and doubt among investors. It’s time these myths were busted and the truth revealed.

By Brandon Matthews

We at Satwaves have been excited over this for months, and with good reason. We believe that many are underestimating the potential of the SkyDock. It should go without saying that for obvious reasons, the new device will appeal to Satellite Radio enthusiasts. The SkyDock is different, in that it opens a much wider door to the world of Satellite Radio to Apple (AAPL) iPhone and iPod Touch owners. There are already over 40 million compatible Apple devices in the hands of consumers, and that number is ever increasing. To put that number into perspective, 40 million units represents approximately 4 full years of new car sales. The only difference being that the SkyDock works in all cars, not just some of them.

By Brandon Matthews

There is really no other way to describe it. It’s been a tough week for shares of Sirius XM Radio (SIRI) and the only reason that I can find for the recent drop in share prices is an apparently coordinated attack by various media sources. The level of disinformation, misleading headlines, outright lies and the dissemination of old news as new has reached a level that is simply overwhelming. Some of these false reports appear criminal in nature, and yet the volume is such that the company is rendered helpless as any fight the company might wage would cost far too much and take far too much time to make any real difference.