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mlongj
31 Comments
Three Reasons for Sirius Aggravation
Long Sirius
Sirius Finally Provides Wall Street the Clarity It Demanded
Long Sirius
Five Key Quotes from Sirius on Satellite Radio and Automakers
Long Sirius
Circuit City Bankruptcy May Help Satellite Radio Inventory Levels
Sirius XM Releases 5-Year Guidance: Aggressive or Conservative?
Keep the good vibes coming! It is only a matter of TIME.
Long Sirius
Auto Sales: Good News on the Horizon?
I appreciate your simple analysis with which I agree. It is going to get better in time. Those who have time are going to be OK. Those that do not will get out at a loss. There will be no bankruptcy and I also feel Mel is working to make this a success. Rome was not built in a day and neither will building Sirius into the monopoly it has the potential to be. Nevetheless it will get done.
Long Sirius
Is Wienkes Hobbling Sirius XM?
I must agree that the balance sheet is improving as we speak. The plan is becoming more clear. I think you are right about setting up for an impressive quarter.
Long Sirius
Stifel Lowers Sirius Estimates on Weak Auto Sales
Long Sirius
Sirius Boosts Lineup with NBA Offering
Of course this is my opinion. We will all wait and see what happens, and at least it will not be boring!
Long Sirius
What's Behind Sirius' Big Gain?
Long Sirius
Finally Some Good News for Sirius Shareholders
Simply hilarious stuff!!! Thanks for the humor!
Long Sirius
Finally Some Good News for Sirius Shareholders
It is a good thing that Sirius is attached at the hip with the auto industry. People are going to trade their old gas guzzlers on the new technology of the future going forward from here. It may be natural gas, hydrogen, better mpg for traditional gasoline engines or even electric motors; but people are going to purchase the technology of the future, which in turn represents a huge untapped market. Needless to say, the monopoly of Sirius will be involved in 100 percent of these vehicles as time passes. The sat rad will become a standard feature in all of these cars. The best days of the auto industry are definitely ahead as they shed the lead weight of UAW, and Sirius will benefit accordingly. These are some of the reasons to be optimistic about Sirius 5-10 years down the road. The debt will be paid and profits will be made. After all, this is the objective of any business; namely to make money. Sirius has the ability to pay off its debt and make money going forward. This is the big picture.
Finally some good news for Sirius Shareholders.
Long Sirius
Finally Some Good News for Sirius Shareholders
Wasn't the proxy issued the day before the SEC supspended the delisting requirements until next year. Sirius was at the 30 day under a dollar point when they issued the proxy. I wonder if they would have done this had they been at 20 days under a dollar instead of at the 30 day point. They had to have a back up in case they were presented with the delisting which they did. Now things have changed until next year. Could this make a difference? I still think that timing is key here. It could be a great big "oops, didn't need to do that" as we have heard nothing supporting the split and the dilution. Could it be smoke and mirrors? Anything is possible at this point, but in the long term the numbers will be fine. Everything is upside down at the moment, but this is not the first time and will not be the last time a market or stock tanks. You know that there are still possibilities that exist beyond the negative scenarios. Until it is announced, we can only speculate. Specutation is not fact, just a guessing game. Like I have said before, bankruptcy is not an option and is the biggest concern for me going forward. If I thought for a second that Sirius would go bankrupt I would pull out but they are not going to go this way. With that in mind, .25 is a good opportunity to average down but I feel comfortable staying at a buck average. Even if the split and dilution comes to be, I feel the stock will return to between 25.00-30.00 which would allow me to see a return on the investment. No, this will not occur this year or next, but it will eventually. I am supportive of whatever Mel feels is necessary to keep the company afloat in the short term. The long term will take care of itself.
I appreciate your intelligent communication, but I question your lack of objectivity. There are as many positive scenarios that came into play when bankruptcy was removed as there are negative scenarios. I suppose it is all in the perspective of the individual.
Thanks for the response.
Long Sirius
Finally Some Good News for Sirius Shareholders
I agree with your responses to all the negativity at this point. Certainly everyone is wondering what will happen next, but at this time nothing is definite. The reverse and dilution are not a sure thing. The reverse and dilution are not necessarily a bad thing either. Also, there are other opportunities beyond split and dilution to turn this around.Meanwhile the SEC has given everyone a stay of execution, so to speak. In the long run, I think it is still going to be fine, not just for Sirius but the rest of the market as well. But it is definitely going to take some more time.
Long Sirius
Finally Some Good News for Sirius Shareholders
What has Mel said recently regarding the reverse split and dilution? I have not heard anything. Nothing has actually been done yet. I will wait.
thanks for the response
mlongj