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Stephen Faulkner  

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  • Sirius XM expands revolving credit to $1.75B [View news story]
    You commented on 6/2 that you believe SIRI should be over $10 (market cap of over $55 Billion.)

    I wouldn't wait. You're unlikely to get to that point any time soon. Certainly not today... by the time it gets there you'd be looking for the stock to hit $25-$30 and wondering why it is only $10...

    My forecasts are limitations of value. You can easily follow my comments at Siriusbuzz.com within the forums to see where I expect shorter term fluctuations to go. SIRI is near bottom of valuation here. It's not even close to a $10 stock.

    I would short SIRI at $10 today... no hesitation.
    Jun 19, 2015. 05:04 PM | Likes Like |Link to Comment
  • Sirius XM: Why A Rise In Revenue Share And Royalties Will Be Slow [View article]
    MAD330!!!

    No wonder I got so many extra questions about this back then.

    You got me... lol
    Jun 18, 2015. 08:35 PM | 1 Like Like |Link to Comment
  • Sirius XM expands revolving credit to $1.75B [View news story]
    Why not just sell all now? If today is a good day to sell some... then why wait for tomorrow with the rest? If the thought is that tomorrow you would get more (which really is the only reason to not sell it all today) then why sell any today?

    If the thought is "I don't know... so I'll sell a bit here and there and see what I get for an average" then you're in good company with a LOT of people.
    Jun 18, 2015. 08:33 PM | Likes Like |Link to Comment
  • Sirius XM expands revolving credit to $1.75B [View news story]
    You'd have 1/10 the shares and you'd have the same amount of money.
    Jun 18, 2015. 08:30 PM | Likes Like |Link to Comment
  • Sirius XM expands revolving credit to $1.75B [View news story]
    If it was a $38 stock it would have moved $37.70 to $38.80 today instead of $3.77 to $3.88.

    What's the difference?
    Jun 18, 2015. 01:30 PM | Likes Like |Link to Comment
  • Sirius XM expands revolving credit to $1.75B [View news story]
    You can pay yourself a dividend by selling a percentage of your stock. A dividend would reduce your price per share by the dividend amount and net you 0. Same effect, slightly different taxes... probably less tax than by taking a straight dividend since your CB will subtract from the amount and given your history you are likely LT on these.
    Jun 17, 2015. 01:27 PM | 2 Likes Like |Link to Comment
  • Sirius XM expands revolving credit to $1.75B [View news story]
    They don't really "need" to do something. They are doing what is best for the interests of the majority owner.
    Jun 17, 2015. 01:24 PM | 1 Like Like |Link to Comment
  • Sirius XM expands revolving credit to $1.75B [View news story]
    They will do what is best for the party with controlling interest.
    Jun 17, 2015. 01:23 PM | 2 Likes Like |Link to Comment
  • Sirius XM expands revolving credit to $1.75B [View news story]
    In 6 months SIRI has returned around 10%. It's unlikely you would find a 6 month CD with a 10% return.
    Jun 17, 2015. 01:23 PM | 3 Likes Like |Link to Comment
  • Sirius XM Might Be Due For A Breakout [View article]
    Also it HAS been between $4 and $4.50 this year. Nobody should be waiting for that area... I did write well in advance that there should be strong resistance around $4 so it really should be inconsequential as to when it gets there again as there was recent opportunity to get out at that price, and easily... but then again I'd really not suggest investors bail there on valuation... just if they want to get out for whatever reason and are looking for a short term resistance point.
    Jun 17, 2015. 01:12 PM | Likes Like |Link to Comment
  • Sirius XM Might Be Due For A Breakout [View article]
    No reason. I mean, there is but it requires a lengthy explanation of perceptions of valuation, all the "players" (traders included), the buyback, market psychology... Not sure I could even explain it all that well either...

    But if one seeks a reason like "oh it's because of ______'s new streaming service"... nah...

    I can't tell you timeframes on prices. When my opinion changes I'll post it but there is nothing at the moment to break it through $4. Q2 may change that... we'll see how taking all their taxes that I wrote about in Q1 instead of spreading them impacts EPS and thus headlines.

    More debt is good. It's cheap.

    I don't like dividends. If you have a $10 stock and they pay a $1 dividend you now have a $9 stock and $1... it did nothing for you. If you have $10 in stock and sell $1 worth of stock you have $9 worth of stock and $1.... same thing.

    Anyone who wants a dividend can simply sell the percentage they wish to extract at any time and get the same effect.

    SIRI is the WRONG STOCK TO BE IN if you want a dividend, would like to see them start paying a dividend, etc... best to sell and buy any of the numerous dividend stocks available.
    Jun 17, 2015. 01:09 PM | Likes Like |Link to Comment
  • Sirius XM Is Increasing Prices [View article]
    Liberals.
    Jun 9, 2015. 09:21 PM | 1 Like Like |Link to Comment
  • Sirius XM Is Increasing Prices [View article]
    It's just a "what if"... it has nothing to do with Apple, and honestly it was just a joke as Bababooey is lovingly referred to as "Mamamonkey" on occasion...
    Jun 9, 2015. 07:00 PM | 2 Likes Like |Link to Comment
  • Sirius XM: Explaining The 1 Cent 'Miss' In Q1 Earnings [View article]
    The how it could get to $20 post? It's a possibility not a certainty. Those are mid to high projections.
    Jun 9, 2015. 10:45 AM | 1 Like Like |Link to Comment
  • Sirius XM Is Increasing Prices [View article]
    They're not sharing for discounts. Good lord. Please don't play the "it's not always what it seems" game. Of course not everything is always as it seems. It goes without saying. But to suggest people are taking pictures of their food and goofing around on their phones through an entire meal are simply grabbing some stupid coupon is ludicrous. (sorry a little edgy tonight... lol)

    No idea what you are going on about otherwise. But I can never understand what you write lol...
    Jun 8, 2015. 11:07 PM | 1 Like Like |Link to Comment
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