Seeking Alpha
View as an RSS Feed

Stephen Faulkner  

View Stephen Faulkner's Comments BY TICKER:
Latest comments  |  Highest rated
  • Sirius XM: Is Nobody Else Excited About Agero? [View article]
    "Interesting that you chose Honda. I understand that Pandora will come standard in every Civic and Honda. Sirius satellite radio won't. "

    My choice of Honda's dashboard isn't particularly interesting. I chose an inexpensive popular car, and it's done in general to show tech progression, not to dig into exactly what cars offer what. Pandora is a software application which requires a data connection, and thus anyone with a smart phone can use Pandora with any car through an aux input or FM transmitter without the car manufacturer adding a sat rad antenna to the vehicle and a small amount of hardware. Pandora comes in EVERY vehicle in this case. Arguably, Sirius XM does as well because everyone who is Pandora capable is Sirius XM capable through Sirius XM's smartphone application.

    SIRI *hardware* comes in the EX model Civic with satellite linked Navigation and above. It does not come in the the least expensive "LX" bare bones model.

    Agero's connected vehicle unit is working with Honda, at least in some capacity :

    "The lack of excitement is likely because there is absolutely no financial information, little understanding about the size of the business and possibly because it's cellular based technology. There is an incredible amount of competition in this space and it comes from a variety of companies."

    Sure, and there will be financial information. Maybe SIRI / LMCA just went and did something on a whim here... Perhaps they made a really dumb move? We're left to guess. I'd like to think those in charge know what they are doing, and I would much rather look at the larger picture on this than just write it off or worse yet, pull a bunch of potential negatives out of it. The market does hate uncertainty, that is for sure, and those who are able to look two or three steps ahead or figure things out before they are all spelled out in front of them are the ones who *should* see the most benefit.

    And yes it's cellular based tech... which makes sense, because Sirius XM is not in need of a bunch more one-way satellites....

    "It could be the strategically correct move, but I wonder why Agero sold this piece of the business, yet kept the rest. Too much competition? Profitability? Did Sirius make them an offer they couldn't refuse? Did Sirius overpay?"

    It might go a little like this.... with too much competition Agero decided it was time to exit, quickly, as the writing was on the wall and profitablility was going down the toilet. In a brilliant move by Agero, they quickly formed a plan to pull the wool over Sirius XM's eyes and through deception and deceit, the fools at Sirius XM made the brilliant individuals at Agero an offer they couldn't refuse. Consequently, Sirius XM grossly overpaid for the Agero acquisition, and the street just might soon find out causing a sharp decline in share price....

    Perhaps there are even worse things to come?

    "It seems Ford, GM and others are going in their own directions, maybe because they want to maintain the customer contact and own the revenue stream. Or, maybe because they thought they could differentiate their offerings for a competitive advantage."


    "Wall Street hates uncertainty, and this transaction is loaded with uncertainty. That's reason enough for a ho-hum reaction."

    And that's fine. We can get 100 reprints of the news, and I'll throw in my two cents on the speculative side. Generally I really dislike speculation, but with this one I am comfortable in looking years down the road.
    Aug 24, 2013. 10:51 AM | 10 Likes Like |Link to Comment
  • Can Sirius Fight Off Apple, Google And Pandora? [View article]

    Howard's contract is not up in 18 months. It is up in 31 as dmdpsu corrected.

    On top of this you show a very serious lack of understanding of Howard and the sector in general to think that:

    TuneIn.... will just throw a few hundred million at Howard and get him back on an internet version of FM.

    Again, dmdpsu has the right viewpoint here.

    You will absolutely have to do better than this stuff or the readers are just going to chew you up and spit you out. The Sirius XM vs. Pandora vs. Google vs. Apple issue has been beaten to death, dug up, beaten again, buried, rotten, the worms have taken the flesh from the bones and what was left was ground up into dust for some witch's potions. End of 2011, early 2012 "article a day" about the topic pretty much killed the discussion on it. Nothing has changed since.
    Jun 3, 2013. 10:09 PM | 10 Likes Like |Link to Comment
  • Sirius XM Trial Offers Cannot Overcome Demographics [View article]
    To be fair, Rocco, that "vision" has not worked out so well for these "visionaries" in terms of investing.

    From the "visionary" trying to play the proposed run up before September earnings last year, to the "visionary" stating that Sirius XM would not hit $2 again any time soon, to the "visionary" stating that people should get ready to "short Sirius XM below a buck" to the "visionary" repeatedly calling for Sirius XM's failure, to the "visionary" selling at $2.15 saying Sirius XM is fairly valued, to the "visionary" saying Sirius XM is a great short under $2.10, to the "visionary" who repeatedly cried that the stock's performance last year just "didn't make sense," to the "visionary" who shorted out the stock on the huge run up last May, to the "visionary" who covered the short and bought back in near the high, to the "visionary" that was calling for $2.75 and even $3 in the middle of last year... and on and on and on....

    "There is clearly a distinction between those with vision and those without it. That's really what it comes down to in this whole SIRI "debate.""

    Well my goodness! I'd say there is! And these self proclaimed visionaries are looking more and more like the crazy drunk screaming doomsday predictions on the street corner. It's a sunny day, not a cloud in the sky, yet "the prophet" calls for a tornado to wipe us all off the face of the earth at any moment...

    I'd say to be careful of visionaries. Some can't see beyond the tips of their own ego :) and they will always tell you to let go of the past, because the past speaks volumes about how wrong their own "visions" were. Check your sources.

    With all due respect, of course. I enjoy many of your writings but I roll my eyes a bit at the thought of more "vision" coming through the pipeline.


    "An emotionally deranged psychological vacuum inhabiting 'typical' SIRI long."
    Mar 25, 2012. 11:35 AM | 10 Likes Like |Link to Comment
  • Sirius XM Might Be Due For A Breakout [View article]
    Any stock is one bad earnings away from a sell off. That should be a concern with any ticker.
    Jan 27, 2015. 04:00 PM | 9 Likes Like |Link to Comment
  • After Losing Lawsuit On Royalties, Sirius 'Not Happy' With The Turtles [View article]
    Sure but it's pennies and doesn't change the monthly sub rate. For those that may be sensitive to what might amount to pennies a month, there is and always will be over the air free radio available.
    Oct 20, 2014. 03:51 PM | 9 Likes Like |Link to Comment
  • Sirius XM, Liberty Media And Pie [View article]
    SIRI, LMCA, and myself thank you for your 50K retail contribution to the buyback program. ;)
    Aug 13, 2014. 03:50 PM | 9 Likes Like |Link to Comment
  • Sirius XM: Comparing Apples To Oranges [View article]
    If it was we'd see a higher churn rate than 1.8% with 1% of that attributed to owners selling cars / moving to a new.

    Churn has been averaging down. Doesn't support the idea that anything is *killing* SIRI. Makes for an attractive headline, though!

    Sirius XM being KILLED by blahblahblah! You won't believe what it is!


    Those services aren't really even crippling growth if you look at the pace of sub additions. Yeah... on a percentage basis relative to the base an argument can be made that growth is slowing but linear adds are relatively stable as they should be.

    The short of it is that the headlines have said that such and such will kill SIRI for years now. Perhaps something will. Actually I'd say with 99% certainty something will someday... but the signs just aren't there to support it. Just speculation.

    Everyone is entitled to their own opinion :) The constant nonsense used to bother me, too, but unless you're willing to counter the daily articles that say the same thing with your own daily articles that say the same thing, the best one can do is roll their eyes :)
    Jul 29, 2014. 03:11 PM | 9 Likes Like |Link to Comment
  • Sirius XM: Right On Track For A Break Towards $4 Per Share [View article]
    Man, I had written you off for dead when you were posting this stuff back in 2012 around $1.80 Pete and then disappeared when it moved from that to $3 per share later in the year! Glad to see you're still kicking!

    I think...

    "Canada owns this company and will never let it go."

    Yes, very glad lol. It's Canada's fault! They have their sticky little maple syrup covered hands in everything! HAHA!
    Jul 16, 2014. 10:40 AM | 9 Likes Like |Link to Comment
  • Sirius XM: Caught Between Apple, Google, Amazon And A Hard Place [View article]
    " I'm glad they didn't listen to me."

    I'm sure they discussed it at length!
    Jun 30, 2014. 04:28 PM | 9 Likes Like |Link to Comment
  • Sirius CFO Discusses Subscribers And ARPU - What Are The Implications? [View article]
    You do know those are very different types of "satellites" compared to the SIRI satellites, yes? They are planned for much lower orbit and coverage area will be "small" (think 20 mile radius, similar to a high powered cell tower).

    I have a cousin who is involved with this stuff, and they are meant to act similar to a cell tower for areas that do not have internet / developing nations and such. These things will not be thousands of miles in the air like the SIRI sats.

    Anyways, I don't think you understand what you write about sometimes. You just ... I dunno... you just write stuff. Remember when we talked last year (assuming this person writing for Wall Street Playbook is the site's owner, Richard Saintvilus). You mentioned you got it completely wrong on SIRI in 2012 because you got too caught up / stubborn in your position. Seems you are doing the same thing again. I'm not so sure it matters to you but I think you need to calm down a bit and think about some of the things you are saying / writing about.
    Jun 9, 2014. 09:32 AM | 9 Likes Like |Link to Comment
  • Why You Should Buy Sirius XM's Dip [View article]
    Not in my opinion. Like I said it's up 60% today over the course of those 2 years, even considering the recent pullback. Following my strategy of adding at or under the 50 day has paid off handsomely, and leverage through using options have multiplied those gains considerably.

    You should read my articles. Might learn something! :)
    May 13, 2014. 09:59 AM | 9 Likes Like |Link to Comment
  • This Bull Is Dead Wrong On Pandora [View article]
    "Spends 1/2 the time trying to make Rocco look wrong. "

    To be fair, when Rocco wrote here, Rocco spent 100% of the time making Rocco look wrong.

    Jan 2, 2014. 09:05 AM | 9 Likes Like |Link to Comment
  • Sirius XM: After $4 Billion, Where's The Growth? [View article]

    You are very much against buybacks and SIRI has a long term commitment to significant expenditure on buybacks. They have been extremely clear with their objective.

    You keep posting how you don't like what the company is doing, and while I can't tell you what to do with your money I'll ask a simple question...

    Why do you remain invested in a company where you so vehemently disagree with what it is doing?
    Nov 8, 2013. 12:25 PM | 9 Likes Like |Link to Comment
  • SIRI Faces 'Sirius' Resistance [View article]
    Neal is using SIRI pricing pre-merger as resistance for the combined company. Weekly chart 10 years out will show 5/06 to 2/07 to have significant activity in this area (say, $3.75 to $4.25 or so).

    Then again, that was half the current company and without LMCA in the picture.

    This article is unfortunately just the usual cut and paste stuff investors in SIRI have to hear over and over again... used to hawk the "Stock Traders Daily" newsletter.

    "However, the stock is up 117% over the last 2 years, and according to the Stock Traders Daily trading report, also trading very close to long-term resistance."

    Come on... really? According the the Stock Traders Daily trading report? My suggestion would be to steer clear of such newsletters.
    Sep 20, 2013. 03:55 PM | 9 Likes Like |Link to Comment
  • Sirius XM Does Not Need To Raise Prices [View article]
    "This is the business of writing and blogging - things are made up from time to time. Otherwise, you are just a reporter. That ain't fun :-)"

    I think that's a problem. My understanding is that things are not supposed to be "made up?"
    May 30, 2013. 02:04 PM | 9 Likes Like |Link to Comment