cos1000

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Looks like we're stuck at .175 for now....... I got to run be back end of day.... good luck to all.... this is a good day for this beaten an battered, never say die Blue Dog of a company.... later

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Good news on 4th Q and May 09 debt deal being done without any dilution, autos seeing something better down the road, and / or some innovative product programming application to generate additional revenue. Something on the internet with WiFi would be nice. Otherwise its going to be a tough road to a buck in this economy..... IMO


On Feb 17 10:11 AM koop127981 wrote:

> relmor, cos, kiiller, sI..
> at some point in the future we are going to need a Sp over a buck.
> what are your thots on the path there? a natural market increase
> or the rev split?
> koop

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

SLH
Its tough to pull the trigger.... try it with small amounts first, sought of like back testing but in real time. Once you get some confidence and success, it gets easier. Each trade needs to be looked at in its own frame of reference. The idea is to take some off and by more back..... growing your base. You can't do it all the time but with news like this its a perfect opportunity. Level ll is also important to have access to to see momentum.....

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

I have another sell put in at .2811 for 1/2 my shares.... not going to happen today I don't think....

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

killer...,
high .158 held up pretty good on this recent take down, might revisit... or low .16 if it breaks .158 then who knows....

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

SLH,
use what I just did on this volatile stock as a way to play.... it's not for everybody and make sure your system lets you do quick turns without classifying you as a Day Trader. I can only do a couple of these every few days because my trades take 3 days to settle. There's a lot of stuff to keep an eye on....... good luck

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Just bought back in at .1589 and picked up a quick 6K shares on the sell at .2245 and buy back in. Time for the stock to surge back into the twenty's.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

by the .18 is not where I would sell today.. look for mid twentys no need to panic.....

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

I just took .25% of my shares of the table at .2245. Can't resist the upside and with the market breaking key technicals, S&P 820, not a good day for anything to fly. I don't want to tell anyone else what they should do, but managing your shares for more shares is always a good strategy. If your over extended on balance, a good time to re-balance. There will be a lot of good deals after this market shakes out, and cash will be king. JMHO

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Today is going to be a lot of speculators getting out and taking a double up just like Blue23. Some will leave their "free shares" longer term and that's a smart strategy.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

come on.... you never thought that they would get the deal done to begin with. what's the deal with you... all negative from you man.... the May 09 debt is in two parts. the UBS, 100M is going to be taken out as part of that deal... No word on the $250 to JP Morgan, but that will probably roll out with a new rate.... no shares here for debt.


On Feb 17 08:29 AM jswede wrote:

> you'll see plenty more dilution in May and Dec.... also more interest
> rates going from single digits to mid-teens.... 2.5% to 15% is steep...

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Here's the agreement. I don't see any current dilution in this agreement to Common. Liberty is getting preferred shares for its investment and equity position. This is not shares for debt swap. The dilution on the new Senior Secured won't come until 2012 if converted.


-- The first phase includes a $280 million senior secured loan from Liberty to SIRIUS XM, $250 million of which will be funded today. The proceeds of that loan will be used by SIRIUS XM to repay $171.6 million of its maturing 2 1/2% Convertible Notes due February 17, 2009, and the balance will be used for general corporate purposes, including working capital and transaction costs. The loan will bear interest at a rate of 15%, mature in December 2012, and be secured by the assets securing SIRIUS XM's existing term credit agreement.


-- The second phase provides an additional loan of $150 million to XM Satellite Radio, SIRIUS XM's wholly owned subsidiary. Liberty has also agreed to offer to purchase up to $100 million of the loans outstanding under XM Satellite Radio's existing credit facilities from the lenders.


Upon completion of the second phase of the Liberty investments, SIRIUS XM will issue Liberty an aggregate of 12.5 million shares of preferred stock convertible into 40% of the common stock of SIRIUS XM. In addition, Liberty will receive seats on the SIRIUS XM Board of Directors proportionate to its equity ownership. It is expected that John Malone and Greg Maffei will join the SIRIUS XM Board of Directors. Liberty's obligation to consummate the second phase of its investment is subject to various closing conditions.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

The Deal is done and is on the wires as I type. Two loans first for 280M Senior Secured, Malone and Mcffei to join Sirius Xm's Board, deal does not require FCC approval, Karmazin call Liberty's investment a vote Confidence (understatement)

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Bloomberg announces 530M loan from Liberty

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Dow is reporting that Liberty and Sirius Xm have reached and agreement for investment..... more to follow 7:57Am