Well I am trying here with the new name and new position in the articles but I think they are about to throw investors down the path of confusion more than anything. I'm just not impressed with the latest, either, but I guess they will give me material to write about when bored.
When I started writing here I had become frustrated with what I would describe as more of a circus than an intelligent discussion surrounding Sirius XM. Over-analysis, bending of numbers to make one's case, and a little smoke here and a few mirrors there for good measure.
Sirius XM: $3.75 In The Near Future? [View article]
I see it as a mistake. I'd prefer SIRI not seek to expand into foreign markets and I would prefer to see them focus on providing a one stop package of services for the North American market for now.
Sirius XM: $3.75 In The Near Future? [View article]
Never had a single issue with customer service. Last call was to get my girlfriend's account on my credit card. Simple and easy. One before that was to move my service from my older Stiletto to my Lynx. Simple and easy. For a company with over 20 million subscribers, complaints are rather low.
Sirius XM: $3.75 In The Near Future? [View article]
They have packages for retail. Sat chips in phones still require an antenna. I don't see it happening anytime soon. I was far more interested in the part of the quote dealing with the connected car and apps. I have a specific viewpoint of where I see (and would like to see) SIRI going in the next few years. Certain things I really hope they stay away from... such as when people bring up "global expansion".... I'm quite serious when I say that if they discuss global expansion I will sell my stock immediately.
In my opinion a deal is much more likely with Google or Microsoft .... The key here will be a package of services in the dashboard from one company for one fee. Done and Done. Microsoft already has significant presence through Ford Sync, and Google's open Android platform is very friendly for rapid deployment and use by other companies. Sirius XM 2.0 devices such as Lynx (which I use) use android already, and it constantly records stations, lets you move to a station, rewind up to 30 minutes, skip around as much as you want in that time frame, etc. Why that hasn't been incorporated in the dash yet is beyond me but I guess these things just take time to roll out.
Apple, unfortunately, while it had a niche with the ipod and iphone as the "best" products, can't afford the premium pricing and choke hold they keep on their products. $50 accessories do not help either... Key to the future of this will be form and functionality but also PRICE, and I just don't see Apple competing there. The "iCar" is highly unlikely.
Absolutely not. I think the articles had zero effect.
I think the price jump was due and I have been mentioning I expected it to break upside at least to 3.50 for some time. I am not sure if the quote is on SA or elsewhere but my actual target was the $3.60 area for momentum on the first pop and it was hit, and I could actually see $3.75 or so for this move here before it begins consolidation.
Best pricing can usually be found at or under the 50 day SMA on the daily chart. For now the 50 SMA on the 60 min chart has been providing strong support on the recent run.
I think you'll do well! Good to have you on board. I have a price target end of year of around $4.25 (EOY = Jan option expiration for me) or about 20% over current pricing. I doubt I would adjust this down but I may adjust it up given certain factors such as pace of buyback, sub guidance increases, and rates at which Sirius XM is able to receive financing among other things.
It *is* difficult but Richard can certainly handle the criticism :) I hope I made it clear I did enjoy the article although I don't usually get into speculation like that, it was interesting.
It's harsh but I am sure Richard can handle it. I've spoken with him on the phone and he's a nice guy, and he'll tell you straight up he made a mistake with SIRI last year, his position / approach on it, etc. I give him a lot of credit for that. I think he's on the right side of things now! I just was a bit disheartened by the presentation in the article as I think it is causing confusion (and readers who are confused need to accept some of the blame there). Last thing SIRI needs is wild speculation and rumor swinging the price around right now. That would be very disappointing.
Anyways, speculation can be a lot of fun! Just be clear that it is just that :)
Sirius XM: Apple? Google? What? [View article]
When I started writing here I had become frustrated with what I would describe as more of a circus than an intelligent discussion surrounding Sirius XM. Over-analysis, bending of numbers to make one's case, and a little smoke here and a few mirrors there for good measure.
I'm disappointed. Thoroughly.
Sirius XM: $3.75 In The Near Future? [View article]
Too many costs, too many unknowns to go "global."
Sirius XM: $3.75 In The Near Future? [View article]
Sirius XM: $3.75 In The Near Future? [View article]
Sirius XM: $3.75 In The Near Future? [View article]
Sirius XM: $3.75 In The Near Future? [View article]
Sirius XM: $3.75 In The Near Future? [View article]
Sirius XM: $3.75 In The Near Future? [View article]
Sirius XM: $3.75 In The Near Future? [View article]
Sirius XM: Apple? Google? What? [View article]
Apple, unfortunately, while it had a niche with the ipod and iphone as the "best" products, can't afford the premium pricing and choke hold they keep on their products. $50 accessories do not help either... Key to the future of this will be form and functionality but also PRICE, and I just don't see Apple competing there. The "iCar" is highly unlikely.
Sirius XM: Apple? Google? What? [View article]
I think the price jump was due and I have been mentioning I expected it to break upside at least to 3.50 for some time. I am not sure if the quote is on SA or elsewhere but my actual target was the $3.60 area for momentum on the first pop and it was hit, and I could actually see $3.75 or so for this move here before it begins consolidation.
Best pricing can usually be found at or under the 50 day SMA on the daily chart. For now the 50 SMA on the 60 min chart has been providing strong support on the recent run.
$4.25 is my target by Jan options expiration.
Sirius XM: Apple? Google? What? [View article]
Sirius XM: Apple? Google? What? [View article]
Sirius XM: Apple? Google? What? [View article]
Sirius XM: Apple? Google? What? [View article]
Anyways, speculation can be a lot of fun! Just be clear that it is just that :)