What a GM Bankruptcy Would Mean for Sirius XM Shareholders [View article]
In stock, you should buy what you use, or see others using. Bashing a stock has no benefit to anyone but those who short the stock. This stock is not like "another new screen name", it experiences drops and rises on economic activity related to the business of Sat radio. The mood swings which "another new screen name" experiences can be handled with medication. The swings in the SP of Siri can be used to the advantage of the investor and take "SMALL" profits no matter which way the SP goes. Anyway, my opinion is that EVERYONE should do your own homework when investing. My losses are limited to time I've invested reading crap from bloggers like ""another new screen name".
Chrysler and GM Dealership Closures Will Impact Sirius, As Expected [View article]
Parking lot subs are stabilizing as we speak. Chrysler has not abandoned the vehicles in these dealerships. They will be redistributed. The redistribution means that the dealers wont be able to handle newly built vehicles. ooops.....They aren't building right now at Chrysler!!! That would mean that an orderly distribution of existing (parking lot) vehicles can be dont successfully! Prior to the BK shut down Chrysler had an adequate inventory on dealer lots to provide product across the board for at least 30 days. Currently Chrysler is in day 15. Doing the math this points to greener pastures for Siri with less subsidizing required for unsold vehicles.
Does the Auto Industry Deserve To Be Bailed Out? [View article]
DJSunshine- Point taken on the Nort American Born Citizen. Until the author gives a bio I am assuming, not sterotyping. I work with a good number of people with origins of France, Poland, Russia, Germany , Pakistan, India, China , Japan, etc. I work with highly educated professionals who have been in the business a number of years. Inept is inept. American or otherwise. The background of an author is just as important as the position of a the author stock holdings. The author is living in a world away from the automotive industry. The numbers are close, but applied in a incorrect fashion. Please do misinterpet my statements for thinking that the wages that the unions are deserving. I am not a union member. I work in the automotive industry and see that there are some that do not deserve the wages, and I see others with years of experience tha should be paid much more.
Accounting 101 The books of the Automotive companies do not swell with excessive wages. The major cost are in the Utilities, Taxes, and purchase of raw materials. The problem is that wages unlike the other expenses is an ongoing expense.
Oh did I say taxes above. . .of course I did . . . That is also another thing that the auto workers pay. I believe that taxpayers should be able to have some special interest groups looking out for them!
1) being a student the author has most likley had little interface with people working to support themselves. 2) The real world is the workers not the students
GM Proves There Is an Alternative to Bailouts [View article]
Unlike the Bad Debt that the money for the financials, whih was a BAIL OUT. The Automakers were always asking for a loan! This loan comes with interest and requires the entire amount to be paid back. Sub-prime loans is a global phenom. initiated by the American powerbrokers. The Automakers problems are a combination of a couple of factors. Excessiveness of the .com bubble followed by the sub-prime loans established by the financials. The Domestic Automakers were selling vehicles because of competition. The support of the transplants by the fringe states is possible due to the limited number of plants in each of the States involved. The Domestic Auromakers had been in their States for years. The complacency by the Governments of theses States did not allow the Lawmakers to realise the conflict that was approaching. In addition to the the sub-prime loans the issue for the Automakers is the issues of Health Care and legacy retirements costs.
Satellite Radio Is Not Immune to Big Three Troubles [View article]
The current administration is deep into finance and Oil. The Government employees can not directly impact their assets(Blind Trusts), but can influence the appropriate markets. The unwinding of the Finance came about too early for the Congress to bail. They are not attempting to cut their losses. The attempt is to shore up the infrastructure long enough for a January/February exit by many. Rewriting of some of the tax laws would have been adequate to mitigate this whole metdown.
Chrysler's Nardelli: Another Rough Patch [View article]
Saj- And what would be Chrysler's ticker symbol be? Chrysler LLC! not Chrysler Corporation. Cerebrus is the majority owner of Chrysler, with DAI (Daimler) owning the other 19%. This 19% is a very insignificant element in Daimler's overall weath. Even an inexperienced investor acknowledges that Chrysler is not an impact to the Daimler price.
Does the Auto Industry Deserve To Be Bailed Out? [View article]
With a psudeo of Investor Nirav, It's highly unlikely that the author is a North American Born Citizen. Protectionest legislation in other countries are not allowing natural growth of an industry globally. The car companies are taking actions by exporting some of their labor overseas. The Author cited details on wages at the Auto Companies, but failed to mention the actual education that the workers have, and are striving to obtain. The current model of wage is abnormally high, but so are the wages of Financial managers of companies that are fialing and have failed. I am talking about MBA's, & Professors from the likes of Harvard, and Yale. The good ol' boys network got them in a position that their fathers might have been able to handle with LESS education.
The author had indicated that the conversation was with a "fellow student". The Author is obviously in the process of getting an education. Every education comes with a cold shower of reality once in the marketplace.
The Autoworker are getting paid exactly what the marketplace demanded. There are varying degrees of education by these workers. The SMART ones can get a comfortable income, while not having to deal with a lot of stress.
My advise to the Author.....Try and get a job (and Keep it!!)
Nardelli Pleads for Chrysler, but Would a Bailout Help? [View article]
This article is neither about Home Depot nor General Motors. Talking about how Nardelli should know what he is getting into is about as much sense as knowing what to do at McDonalds. In both cases you have to experience and adapt to the new environment. The guy at McDonalds has it made, he only has to change his actions, not the actions of 66,000 people. Arm chair CE0s are a dime a dozen. Maybe some of the Airmchair CEOs should report to Congress. . . . OH. . . .WAIT. . . . They work for Congress. . . They Let the economy get into this disasterous situation. . . and are now holding their noses, and pointing elsewhere!
The potential to get financing is completely gone in today's market. There are no institutions who are willing to "Float" a loan. The Financial industry get a loan, and use it to immediately buy-out their competitors. Paulson has put a hold on further loans until it "Pans out". Money makes the work go around, and Paulson has put on the breaks by not placing restrictions on usage. The media is like a five year old child. The more that goes on in business, the less that gets detail reporting.
The special interest representatives (transplant States) have given many tax incentives to get the Masda, Toyota, and Mercedes plants into their States. It is these same Representatives that do not want support for the Domestic Auto makers. Even the playing field, make the Transplants pay back the incentives, place similar Tariffs on vehicles that our exported vehicles have overseas. Shut down the dealership network from foreign interests.
Bottom Line: The Automotive market is still growing. The Foreign Automakers are benefiting from a ready made market in the United States. The Foreign Automakers are benefitting from Foreign Subsidy (In France). The Foreign Automakers do not have pension costs (which is being addressed by the US currently). The Foreign Automakers do not have to worry about health care costs (Also being addressed). The Foreign Automakers do not have restrictions outside their country on establishing dealerships.
The high wages of the US Autoworker are days gone by. The UAW sees the handwriting on the wall, and concessions have been made. The British mistake of loosing the Auto Industry should have been a lessson to our Lawmakers.
Auto Sales: Good News on the Horizon? [View article]
sl62. . . Your statement on using 20 year old statistics is valid. I did some research for Vehicle longivity from the US dept of statistics. It seems that 20 years ago 6 years was the average life span of an auto. Today the average life span is 8.5 years. You have to wonder with the .com bubble, how many vehicles were "Xtras" due to liquidity. This timing puts the auto industry at the peak due to the .com bubble for it's older vehicles. IMO it will take another 2-2.5 year for the Auto companies to get to at least 14 million vehicles. The numbers indicate a potential rise before that period, but very a very small one. If SIRI is counting on the Auto sector as its mainstay then technology will overcome SATRAD before Auto sales come back.
What a GM Bankruptcy Would Mean for Sirius XM Shareholders [View article]
Chrysler and GM Dealership Closures Will Impact Sirius, As Expected [View article]
Cramer's Stop Trading! The Dow's Dead Weights (2/19/09) [View article]
Does the Auto Industry Deserve To Be Bailed Out? [View article]
Point taken on the Nort American Born Citizen. Until the author gives a bio I am assuming, not sterotyping. I work with a good number of people with origins of France, Poland, Russia, Germany , Pakistan, India, China , Japan, etc. I work with highly educated professionals who have been in the business a number of years. Inept is inept. American or otherwise. The background of an author is just as important as the position of a the author stock holdings. The author is living in a world away from the automotive industry. The numbers are close, but applied in a incorrect fashion. Please do misinterpet my statements for thinking that the wages that the unions are deserving. I am not a union member.
I work in the automotive industry and see that there are some that do not deserve the wages, and I see others with years of experience tha should be paid much more.
Accounting 101
The books of the Automotive companies do not swell with excessive wages. The major cost are in the Utilities, Taxes, and purchase of raw materials. The problem is that wages unlike the other expenses is an ongoing expense.
Oh did I say taxes above. . .of course I did . . . That is also another thing that the auto workers pay. I believe that taxpayers should be able to have some special interest groups looking out for them!
1) being a student the author has most likley had little interface with people working to support themselves.
2) The real world is the workers not the students
Does the Auto Industry Deserve To Be Bailed Out? [View article]
Liberal . . . .That explains it!!
GM Proves There Is an Alternative to Bailouts [View article]
Analysts' Zero is the New 'Buy' [View article]
from Today's Meeting
investor.sirius.com/se...
Satellite Radio Is Not Immune to Big Three Troubles [View article]
Chrysler's Nardelli: Another Rough Patch [View article]
And what would be Chrysler's ticker symbol be? Chrysler LLC! not Chrysler Corporation. Cerebrus is the majority owner of Chrysler, with DAI (Daimler) owning the other 19%. This 19% is a very insignificant element in Daimler's overall weath. Even an inexperienced investor acknowledges that Chrysler is not an impact to the Daimler price.
Does the Auto Industry Deserve To Be Bailed Out? [View article]
The author had indicated that the conversation was with a "fellow student". The Author is obviously in the process of getting an education. Every education comes with a cold shower of reality once in the marketplace.
The Autoworker are getting paid exactly what the marketplace demanded. There are varying degrees of education by these workers. The SMART ones can get a comfortable income, while not having to deal with a lot of stress.
My advise to the Author.....Try and get a job (and Keep it!!)
Nardelli Pleads for Chrysler, but Would a Bailout Help? [View article]
The potential to get financing is completely gone in today's market. There are no institutions who are willing to "Float" a loan. The Financial industry get a loan, and use it to immediately buy-out their competitors. Paulson has put a hold on further loans until it "Pans out". Money makes the work go around, and Paulson has put on the breaks by not placing restrictions on usage. The media is like a five year old child. The more that goes on in business, the less that gets detail reporting.
The special interest representatives (transplant States) have given many tax incentives to get the Masda, Toyota, and Mercedes plants into their States. It is these same Representatives that do not want support for the Domestic Auto makers. Even the playing field, make the Transplants pay back the incentives, place similar Tariffs on vehicles
that our exported vehicles have overseas. Shut down the dealership network from foreign interests.
Bottom Line:
The Automotive market is still growing. The Foreign Automakers are benefiting from a ready made market in the United States. The Foreign Automakers are benefitting from Foreign Subsidy (In France). The Foreign Automakers do not have pension costs (which is being addressed by the US currently). The Foreign Automakers do not have to worry about health care costs (Also being addressed). The Foreign Automakers do not have restrictions outside their country on establishing dealerships.
The high wages of the US Autoworker are days gone by. The UAW sees the handwriting on the wall, and concessions have been made. The British mistake of loosing the Auto Industry should have been a lessson to our Lawmakers.
The Hypothetical Automaker Bailout Gets Another Supplicant [View article]
Ya beat me to the punch . . . LOL
The Hypothetical Automaker Bailout Gets Another Supplicant [View article]
Auto Sales: Good News on the Horizon? [View article]
Vote yes to reverse split!
Auto Sales: Good News on the Horizon? [View article]