When listening to the Kramer/Karmazin interview from Cramer's show 9I think it was a week ago,) Cramer distinctly said (A couple of times) that in his previous trading days, he would buy the converts and short the stock as much as he could. I have a feeling that is just what GS is doing. Whether Cramer himself is doing this, one can only guess.
Why Did Adelstein Reverse His Position on the SIRI-XM Merger? [View article]
You know folks, the one point that everyone seems to gloss over is the fact that ultimately one does not HAVE to buy the service. The FCC is acting as if we all MUST have Satellite radio.
We do not.
We CHOOSE to pay for it because we appreciate the content and the characteristics of commercial free radio. Stable pricing for 6 years is irrelevant! If they raise the prices too much, people will leave and go back to free radio. Period. The market and consumer will control the deal. This is not Cable TV where for some it is their only choice for content.
Let's face it, the competitors for Satellite radio are IPOD's, terrestrial radio, and CDs. Heck, my car came with a built in Hard drive onto which I can rip all of my music!
And the programming diverstiy request is bunk. I believe that almost everyone can find something they like on one of the hundreds of channels. Give me a break! If you cannot find something you like - DON'T BUY IT! It really is that simple. If you go to a store looking for a CD of the opera Carmen, and all they have is Rap, Rock, Punk, anc Country, you don't buy one of those genre's... you leave!
The bottom line here is that the consumer will drive the market dynamics of the company post merger. The NAB is scared, otherwise why whould they have spent so much money trying to squash this deal.
The political pandering bribery that has gone on behind the scenes (and not so behind the scenes) has been despicable. This has truly been a shining example of how our system is broken and corrupt.
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Latest | Highest ratedOusting Sirius CEO Karmazin Is a Crazy Idea [View article]
One point..I do not believe Mel is gay so you might want to check your word usage in the title.. I believe Ousting is what you meant... not OUTING..
Sirius XM Cramer Wars Part II [View article]
Why Did Adelstein Reverse His Position on the SIRI-XM Merger? [View article]
We do not.
We CHOOSE to pay for it because we appreciate the content and the characteristics of commercial free radio. Stable pricing for 6 years is irrelevant! If they raise the prices too much, people will leave and go back to free radio. Period. The market and consumer will control the deal. This is not Cable TV where for some it is their only choice for content.
Let's face it, the competitors for Satellite radio are IPOD's, terrestrial radio, and CDs. Heck, my car came with a built in Hard drive onto which I can rip all of my music!
And the programming diverstiy request is bunk. I believe that almost everyone can find something they like on one of the hundreds of channels. Give me a break! If you cannot find something you like - DON'T BUY IT! It really is that simple. If you go to a store looking for a CD of the opera Carmen, and all they have is Rap, Rock, Punk, anc Country, you don't buy one of those genre's... you leave!
The bottom line here is that the consumer will drive the market dynamics of the company post merger. The NAB is scared, otherwise why whould they have spent so much money trying to squash this deal.
The political pandering bribery that has gone on behind the scenes (and not so behind the scenes) has been despicable. This has truly been a shining example of how our system is broken and corrupt.