mlongj

Total Rating:
+2 / -1

31 Comments

    • Tue Nov 18th 07:11 AM | Rating: 0 0
      Commented on:
      Three Reasons for Sirius Aggravation
      The UAW will be the demise of the U.S. Auto Industry. In fact, it could be right around the corner. However, as the senator from Alabama stated, "They are dinosaurs and there will be others to take their place". The problems is the 10 jobs connected to every UAW will also disappear. We could see 30 million people out of work if they are allowed to fail before June. Not a pretty picture at all. And where would this leave Sirius?

      Long Sirius
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    • Thu Nov 13th 07:21 AM | Rating: +2 -1
      Commented on:
      Sirius Finally Provides Wall Street the Clarity It Demanded
      Sirius will survive. In a year from now, the comments will be a lot different that what is being read today. Patience is a virtue.

      Long Sirius
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    • Tue Nov 11th 18:15 PM | Rating: 0 0
      Commented on:
      Five Key Quotes from Sirius on Satellite Radio and Automakers
      Never a dull moment on this one. Looks like Mel is proceeding in the right direction. I had suspected the reverse split was for the SEC levels just in case. I also understood the additional share to be the "cushion" necessary for backup. I would guess that the SEC will continue its suspension of the 1.00 beyond the deadline already in play as Sirius will not be the only one in the debt boat needing this kind of consideration. Overall, it was a positive call and things will be much better when the debt gets refinanced "in short order". As for voting on the proxy, I think it is already a done deal as there are not enough individual shareholders to stop it. Nevertheless, it is what is necessary moving forward. As long as there is no bankruptcy, everything will fall into place. The auto makers will get help and they will produce economical models. This will be part of the governments aid package/ownership play. Time is the greatest commodity, and Sirius will get the time it needs to make the merger work.

      Long Sirius
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    • Mon Nov 10th 20:29 PM | Rating: 0 0
      Commented on:
      Circuit City Bankruptcy May Help Satellite Radio Inventory Levels
      Long Sirius
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    • Thu Nov 6th 18:49 PM | Rating: 0 0
      Commented on:
      Sirius XM Releases 5-Year Guidance: Aggressive or Conservative?
      Ricker,

      Keep the good vibes coming! It is only a matter of TIME.

      Long Sirius
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    • Wed Nov 5th 18:36 PM | Rating: 0 0
      Commented on:
      Auto Sales: Good News on the Horizon?
      Ricker,

      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
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    • Thu Oct 30th 07:16 AM | Rating: 0 0
      Commented on:
      Is Wienkes Hobbling Sirius XM?
      Gekko13

      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
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    • Thu Oct 30th 07:04 AM | Rating: 0 0
      Commented on:
      Stifel Lowers Sirius Estimates on Weak Auto Sales
      These numbers are reflective of what Mel represented in his "Autoline" interview. This is contrary to the GS opinion. Hmmmm, I wonder who is going to be right? I guess we will have to wait and see.

      Long Sirius
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    • Tue Oct 28th 18:13 PM | Rating: 0 0
      Commented on:
      Sirius Boosts Lineup with NBA Offering
      Obviously the stock price has become a game of manipulation. Mel has allowed this, but it will not be forever. The shorting will continue unabashedly until the financing is in place. It is frustrating to watch right now, but I feel that better days are ahead. The stock market went down yesterday and Sirius was up 8 cents. Today the market is up 900 and sirius is down 2 cents. It is just manipulation at this point and does not have a rhythm or rhyme to it. This is the only way the lenders can make money at this time, and they are making a killing. At least they provided the time necessary to work out the details so Sirius can live to fight another day. Without the last minute financing, the 17 months could have been for not. I believe that Mel is very upset with GS and company but it is not yet time to make "those that want to hurt this stock" feel the pain. Those that want to hurt the company are doing everything in their power right now to accomplish its total destruction. Nevertheless, poor losers (NAB) never win. I would be willing to bet that the NAB will fold long before Sirius does, but at the moment the challenge is truly on for all the shareholders as the wild rollercoaster ride continues. Why did GS put out the .25 target? Why not put it at .10 or .05? At this point anything under 2. is a joke value but it keeps the stock price where it needs to be for now. Nothing will change until "they" decide to change it. I do not see a reverse split or dilution in the works. I see manipulation at its finest.

      Of course this is my opinion. We will all wait and see what happens, and at least it will not be boring!


      Long Sirius
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    • Tue Oct 28th 07:06 AM | Rating: 0 0
      Commented on:
      What's Behind Sirius' Big Gain?
      Why not have a good week in Sat Rad? Anything is possible right now. This could be a good thing. Wait and see!

      Long Sirius
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    • Sun Oct 26th 17:11 PM | Rating: 0 0
      Commented on:
      Finally Some Good News for Sirius Shareholders
      Gekko

      Simply hilarious stuff!!! Thanks for the humor!

      Long Sirius
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    • Sat Oct 25th 18:48 PM | Rating: 0 0
      Commented on:
      Finally Some Good News for Sirius Shareholders
      "Democrat Barack Obama's presidential campaign said Friday it supported the effort by the auto industry to get money from the $250 billion made available for stock purchases. That would be in addition to $25 billion recently approved by Congress for low-interest loans to help the struggling industry retool and build fuel efficient vehicles." --AP

      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
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    • Sat Oct 25th 11:19 AM | Rating: 0 0
      Commented on:
      Finally Some Good News for Sirius Shareholders
      sl 62

      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
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    • Sat Oct 25th 11:02 AM | Rating: 0 0
      Commented on:
      Finally Some Good News for Sirius Shareholders
      cos1000

      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
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    • Fri Oct 24th 19:42 PM | Rating: 0 0
      Commented on:
      Finally Some Good News for Sirius Shareholders
      sl 62

      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
      View article »
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