163888

Total Rating:
+12 / -50

938 Comments

    • Wed Sep 24th 08:21 AM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      Well This Might Be SIRIUS?, Dont count on it going up after 3rd quarter is out. It most likely will be bad news for them. First of all anyone that has followed the metrics of the companies for sometime know that 3rd quarter is always been the worst quarter for net sub adds. Second while the other metrics show more improvement then the first 2 quarters, this time they will have to deal with merger cost eating that up. There will not be any good news on quarterly reprots until the 4th quarter. That is why I said it is going to be a hard 6 months a little more then a month ago. I would be very surprised and pleased if they can break the 19 million mark on the 3rd quarter, that means they each only need to get 200,000 net subs. Many think that may not be much but there has been terrible product out and many people would wait for the new radios before they buy one. The OEMs are going to be the only saving grace for them in this quarter.

      I also would not expect any news to come out of this Deutsche Bank conference. Mel would want to make any big announcements and would not let David F. do it. That has always been the way Mel has done things and I dont expect him to change.
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    • Wed Sep 24th 07:52 AM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      I'm not Jim Cramer, The SEC had and has nothing to do with the investment banks collapse. I also say that it should be the government that should bail them out sense they were the ones that allowed Fanny and Freddy to take on such bad risk mortgages. I dont blame the companies that much because they thought they were safe bets considering the government agencies (Fanny and Freddy) approved them.
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    • Tue Sep 23rd 19:50 PM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      GotSIRI, You are exactly the reason people vote for a incompetent person like Obama. It is like you ether have no memory or you just block things out on purpose. Did you forget about the first World Trade Center bombing, The USS. Cole, The 2 US. Embassy buldings. Oh lets not forget the buldings Obama's friend Aries set bombs in. There is noone that can say with a straight face that they did not expect to be hit again in the next few years much less the next 7. The FBI has said several times that there are few attempts that have been reported on that were stoped. It has not been for the lack of the terrorist trying it is because of the tools that were given to the FBI and others by the Bush administration that is responsible for all the success they have had in stopping the terrorist.
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    • Tue Sep 23rd 15:53 PM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      P.S. That comment above is exactly why the liberials are wrong and why if Obama (the most liberial in the senate) becomes President we are in for a world of hurt.
      View article »
    • Tue Sep 23rd 15:43 PM | Rating: 0 0
      Commented on:
      Which Banks Are Left to Help with Sirius's Financing Needs?
      Now you want to know who you can blame for this mess Chris Dodd and Barny Frank both demoreats that forced lower standards for dumb people to barrow money so as they said it is every americans right to own a home. Dont blame Bush and his people they also tried to start harder regulation on Fanny and Fready back in 2003 when they were first found to have misrepresented thier finances. Guess which 2 democrats fought that, thats right Barny and Chris. Almost all the democrats and a few republicans should be included in that. The fact that remains is that it is the democrat ideology that is to blame for this mess. I can tell you this much if it were up to rebuplicans alone we would not be in this mess, because part of their ideology is if you dont have it or you cant pat for it, tuff you dont get it.
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    • Sun Sep 21st 17:58 PM | Rating: 0 0
      Commented on:
      More Evidence of Sirius Stock Manipulation
      sl62, My point is this company is far from being broke. The latest financing issue is a nonissue. As I have said before most of the reamaining debt in 2009 is reconverts of the old ones at worst. That is what Mel does not want to do and what is the hold up. GS would like nothing better then to reconvert those old converts at better rates and PPS. I also think the other holders of the rest are in the same position as GS. They do not and will not take a company down that they have no guarantees on. When they can get alot more by just reconverting them. It is just common sense, do you want to make more money then you are now or do you want to lose all that you have loaned into the company. The answer is clear, and why I keep saying the 2009 financing is a nonissue. I do add that the terms for SIRIXM may not be good but it will get done.
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    • Sun Sep 21st 16:16 PM | Rating: 0 0
      Commented on:
      More Evidence of Sirius Stock Manipulation
      Just an opinion, but doesn't SIRIXM hold a major position in both SIRI of Canada and XMSR of canada. Now while SIRI of Canada is a private company, and would be harder to sell its stake. XM of Canada is public and would not be so hard. Dont they own about 10 satellites between them at about 800 million a piece new and in orbit, 5 new and 5 at about 30 % of new ( I know they are not yet all paid for). My point being is this company is far from being broke. They do have many other assets, This company is worth well over their debt, and share price combined (todays PPS). My other point is that if you add up all the cost that it took them to get this far and add up all the debt, the debt is not that much. Look at it this way they combined have 40 million radios out, those radios cost them on average over a 100 a piece. That is 4 billion in cost to the company for just the radios. If this company was a loser they would have alot more debt then they do now.
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    • Sun Sep 21st 15:37 PM | Rating: 0 0
      Commented on:
      More Evidence of Sirius Stock Manipulation
      I'm not Jim Cramer, As it was said by others, it does not matter where they are. They will first of all be bought at a discount and will always go up. I dont think many are bought were you think they are anyway. Check this out :

      finance.yahoo.com/real...

      Next many houses in the areas you speak of are bought as rentals, investment properties. Also people move up and out, people in Detroit will move to better areas and those people in those other areas will move up and out and so on and so on.

      View article »
    • Fri Sep 19th 19:38 PM | Rating: 0 0
      Commented on:
      More Evidence of Sirius Stock Manipulation
      Well at least for now the government took care of the financing issue for SIRIXM. Also because the government is used to getting low returns on their investment, they can wait on the terrible paper they are going to be buying till housing comes back then make alot more then they normally do.

      I told my wife this not to long ago. That it is not really a loss because the assets did not crumble the houses are still there they just need a market to come back and the government can buy them then kill two birds with one stone. Not only will they have bought the homes for a big discount but they will have started the market (and the housing market along with it) on its way back. Which basically improves their investment.
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    • Fri Sep 19th 16:49 PM | Rating: 0 0
      Commented on:
      More Evidence of Sirius Stock Manipulation
      I am LOL when I see people being so glad about SIRIXM hitting a dollar. That is really sad is it not. This stock should be much higher and we are happy that it is at a dollar.
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    • Thu Sep 18th 12:08 PM | Rating: 0 0
      Commented on:
      Don't Believe Everything You Hear About Sirius
      cos1000, I was asked to answer a question. I showed just how unlikely it was and even if they did file for protection, the Judge involved would try to first see if the company in question could make all payments and or pay off the debt, if they had more time to do so. The judge is looking for the best option. If the company can prove that it is a viable company and able to pay everyone back, if they could be given more time then he would give it to them. That is after all the reason for the *protection* part of "bankruptcy protection". This is the reason companies that are on the verge of being profitable generaly get the last part of the financing to get there. The lenders are the ones that generally get screwed when a company files for bankruptcy protection.
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    • Wed Sep 17th 17:00 PM | Rating: 0 0
      Commented on:
      Don't Believe Everything You Hear About Sirius
      matt o, I will do my best, First of all they would file for bankruptcy protection that still would not mean you lose your shares if they can get the courts to force the debt holders to hold off and or lower interest rates. This has happened many times, look at the airlines as examples. I dont even think it will get that far because as I already told you Mel has over 20 million (all he has earned plus 10% since he has been at SIRI) and while it does not mean you lose your shares it could depending on how things go and Mel will not take that chance.
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    • Wed Sep 17th 11:35 AM | Rating: 0 0
      Commented on:
      Don't Believe Everything You Hear About Sirius
      matt o, I would like to know how you bought in SIRI for 2.20 in 2001. Then why would you not have sold when it went all the way up to 9 +. Next FYI Mel would have made 5 times as much if he did not take a pay cut to come to SIRI. I also dought you have put 10% more then you have earned in salery and bonuses for the last five years back into your companys stock.
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    • Tue Sep 16th 15:56 PM | Rating: 0 0
      Commented on:
      How Will Sirius XM Refinance Its Debt Now?
      holden, You got that right. The market is taking any companys PPS down that needs financing.
      View article »
    • Tue Sep 16th 15:51 PM | Rating: 0 0
      Commented on:
      Is Sirius XM Headed the Way of Old Radio?
      I'm not Jim Cramer, It to me does not make any sense. The satellites that are up now have (according the last 10-K) orbital life spans that still takes them into 2015. I know there are things on the new satellites that SIRIXM would like to have as part of their system. The question is, what is it needed and what is wanted. From what I read and understand it is a want and not a need.
      View article »
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