Zeninvestor

64 Comments

    • ON: Sun Oct 5th 08:36 AM
      Commented on:
      Fannie and Freddie Did Not Cause This Crisis
      Look, they are not alone in causing this mess, they had many helpers, both in the market and in Congress. That said, they are clearing culpable for their contribution, and were horribly mismanaged, and our politicians rather than siding with 'caution' panicked and threw all restraints to the wind.

      You can say they were not a major part of the problem, but they also were not sole cause of it.
      View article »
    • ON: Sun Oct 5th 08:22 AM
      Commented on:
      TARP Is Just the Beginning - Barron's
      Look, we need lower interest rates now! Greenspan did keep them too low for too long, but that was then, this is now. The issue of mark to market is a major contributing factor to the spiral downward of the banking system, and needs serious correction to stem the tide of paper write downs that destroy the capital structure of the banks and further strangle the credit markets.

      A good article, and we can only hope someone is listening.
      View article »
    • ON: Sun Oct 5th 08:02 AM
      Commented on:
      Mark-to-Market vs. Mark-to-History
      Dead on. This seemingly 'rational' accounting rule, has wrecked havoc in the current market, where there is no comparable value for the sale of a mortgage portfolio. Suspending, or alter it for the financial stocks would make all the sense in the world, and had it been done a year ago we would not be where we are now.

      Imagine a world where Bear, Lehman, and AIG had NOT required intervention. We might not be entering a recession, and the current 'bailout' might well not even have been discussed. Because suspending it would have 'looked bad' it was not done, and now we are much worse off. The regulators failed us, but not by under regulation, but by not regulating sensibly.
      View article »
    • ON: Sun Aug 24th 08:01 AM
      Commented on:
      Giving Cramer the Benefit of Sirius Doubt
      Good balanced view. I too think that the debt deal is being negotiated right now, and once it moves into the background, the stock will really have a chance at reaching the Citi target price.
      View article »
    • ON: Sat Aug 23rd 17:59 PM
      Commented on:
      Sirius XM Drops NFL Ball Again
      Brandon, you are getting a little 'shrill' here. The announcements in the coming weeks should make you happier, but prior to the merger they could not know how they were going technically accomplish the the 'best of' program. In a few weeks the joint advertising strategy will be developed or set, and you will get what you want. Until then, you are really stretching it about they could and could not actually do. Relax!
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    • ON: Wed Aug 20th 07:26 AM
      Commented on:
      Sirius XM Waves Goodbye to S&P CreditWatch
      Welcome relief. With the savings from the elimination of redundancies, and increased revenues from both existing and new customers the easing cash flow picture should contribute to less onerous terms for SIRI in the refinancing they face next year. After that looming issue is put to bed the future of the merged company looks bright. Thanks for keeping us up to date.
      View article »
    • ON: Fri Aug 15th 06:59 AM
      Commented on:
      Citi: Sirius XM Is “Massively Undervalued”
      With the bright and shining exception of GS everyone seems to think SirusXM is undervalued. What is holding the stock back? The proof of the merger synergies is the key to the stock price. As soon as the layoffs and cost savings can be explained to shareholders and the merger plan executed the stock will move upward. After that, the simple economics of improved cash flow and a clear path to earnings will make this one of a 1.42 stock ever. A lot of pain with this merger, but the payoff becomes tangible in the coming weeks and months.

      Glad that Citi sees the real potential hidden behind the 17 months of FCC melodrama and the tough financing deal to complete the merger. Now we in the 'payoff' stage for SIRI.
      View article »
    • ON: Thu Aug 14th 08:32 AM
      Commented on:
      Ford Includes Sirius in Long-Range Plans
      There is a benefit to being the 'only' satellite radio system, you get the phone call every time without having to compete. Ford and all other manufacturers are looking for ways to tap into the Internet and Sirius, with its strong bandwidth and number of channels can bring features to a vehicle long after the initial sale. The revenue streams from these additional services benefit both the manufacturer and Sirius.
      View article »
    • ON: Mon Aug 11th 06:22 AM
      Commented on:
      Sirius XM Radio's Q2 Call Keeps Investors Guessing
      Interesting comments. On the one hand having just had 10 days to get into the inner workings of XM the management cannot be faulted for being cautious, but as the author correctly notes they could have been a little more 'upbeat' about the prospects and products.

      As for GS they have this odd 'conviction' basis they use now for some of their ratings, and that is indeed nothing better than a 'wild ass guess'. Why investors need analysts to 'guess' for them is beyond me, so I dismiss GS and their $1.00 price target as nothing more than BS!

      SiriusXM has strong upside potential is 'my guess', but it seems that we will have to wait a few months to get a better handle on the real effects of the merger. I am willing to wait for now, and just hope that Mel's 'penny pinching' reputation is a good one.
      View article »
    • ON: Sun Aug 10th 15:45 PM
      Commented on:
      Sirius XM Radio Analyst Roundup
      Good article. GS is taking the low road for many stocks now, I guess they don't want to risk looking at upside. Myself, this is a $4.00 stock by year end as soon as the cost savings become reality, and don't look for that to take too long. There is a lot of duplication that can go in the next 60 days and I expect to see the announcements fly in the coming weeks. That should drive the stock price, and make GS look like the gutless fools that they are!
      View article »
    • ON: Fri Aug 8th 09:14 AM
      Commented on:
      Sirius XM Radio: Good Quarter, Average Call
      The 'expectation' that the call would have details so soon after the merger was a bit of fantasy. This stock is not going to move much without the 'savings' being more tangible, but layoffs and major changes in programming will take a month or two to sort out. The terms of the financing, in this unbelievable credit market we are in, make the cost saving that much more of an imperative.

      This is now a 'Long' play, and in the months to come the details of the new SiriusXM will come out and lift the stock. But for those who where looking for a 'pop' after the merger, this has indeed become a huge disappointment.
      View article »
    • ON: Tue Aug 5th 08:44 AM
      Commented on:
      Sirius Stock Up as CEO Buys Two Million Shares
      Yes, good news indeed. I 'expect' many more of the executives will follow Mel. This is stock is highly undervalued. The sell off is over and it is time to buy!
      View article »
    • ON: Mon Aug 4th 08:04 AM
      Commented on:
      Satellite Radio Investing Made Simple
      They have cash, they are competing with each other, and they can reduce expenses and unify their marketing approach to the market, especially the retail side with the ala carte pricing. The conference call should dispense with the past quickly, and focus on the future.
      View article »
    • ON: Mon Aug 4th 08:01 AM
      Commented on:
      Sirius XM Show or Tell - A Rebuttal
      Not a great idea. Conservation of cash when you are paying the rates Sirius just did to get the refinancing should stay in the company and not to 'support' the stock. Sorry, this a really BAD idea!
      View article »
    • ON: Thu Jul 31st 08:06 AM
      Commented on:
      What the Sirius XM Radio Future May Hold
      Missing some decimal points in the numbers, but the concept is dead on. Problem I see is that anything 'added' to the price of a car is tough to overcome in a down sales cycle as we are in. The idea has merit, but most likely will not happen now.
      View article »
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