Positive Cash Flow Signals New Era for Sirius XM [View article]
wow, a true believer in a truly piece of sh-t investment, the only thing this article has in terms of content are lame sports analogies, good day to you sir. the hype is over, it was over a few years ago
Blockbuster is nice. I am a shareholder and I hope the market cap goes up to match annual revenue, not unreasonable. I hope they resolve the financing issues as well as fully adapt to the new landscape of how entertainment is delivered, just like they did when consumers switched from VHS to DVD. Of course, in this climate, streaming, including to mobile devices, will become more and more important. At the moment the stock is cheap, if the company survives it will probably be a multibagger. I hold bbi.b, which is trading at 1/2 the price of A shares, while giving you the same equity and an extra proxy vote. I think good CEOs make a difference, so Jim Keyes and team, I am counting on you.
additionaly, Discover is getting some more cash from the visa and mastercard settlement, the amount will be determined by whether and how much they will or won't have to pay Morgan Stanley, their former parent company. Discover will also hopefully broaden its international reach by utlizing its Diners Club purchase to that end. The world is probably not coming to an end, in the long term. And having "credit exposure" is when thigs pick up a plus, because it provides a stream of revenue and profits. The market participants have been acting irrationally, though it's to be expected with what the has been happening and the government's seemingly arbitrary actions such as confiscating shareholders' equity (washington mutual, fnm, fre, aig...)
Stifel Lowers Sirius Estimates on Weak Auto Sales [View article]
Mel's buying more shares should not be construed as a positive signal. He's been wrong every time he's bought sirius stock. plus he doesn't need the money. the moral of the story: don't make a stock the object of a cult following
Wienkes, Merrill Weigh in on Sirius [View article]
moondragon64, you are an idiot. sirius is no google for many reasons. the main one is that it bleeds money, whereas Google makes tons of it. there is no conspiracy, it's just a shitty company and a shitty stock, notice I didn't say shitty product, the product is ok, but by no means is groudnbreaking or game-changing. it's one way, and importantly, an exorbitantly expensive way to deliver information, and now there are cheaper way to do it, but If they get their financing things might improve for the short term
Is a Reverse Split in the Cards for Sirius? [View article]
This company needs a new business model. And you all SIRI shareholders should bring a class action lawsuit against Sirius Buzz and Tyler Savery. You probably don't have a case because their fine print, I am sure says that their shit-pumping atrocities are not be construed as investment advice. Regardless, that sucks ass. Mel is a senile moron like John McCain, except dumber and more senile. He is not apt to compete in the current business environment, he is an old-school radio guy and he is done. Unfortunately, its seems like this company's value may be almost entirely wiped out. Could be wrong though. Hope I am, for those still holding shares.
An Ameritrade-E*Trade Merger? Not as Crazy as It Sounds [View article]
wgat bad paper does e-trade have? They sold their CDOs portfolio to Citadel for something like 25 cents on the dollar. All they have is mortgages, which supposedly followed very strict underwriting standrads.
Fuld's Miscalculation: Were Berkshire’s Infusion Terms “Too Much?” [View article]
What is the basis for your speculation that Buffett extended an offer for Lehman Brothers? I have not heard anything about this. It is very possible that Fuld reached out to him, and Buffett was not interested. Remember, he likes Goldman Sachs in particular having done business with the firm for an long period of time and praising it numerous times prior to the purchase.
Siriphone, well-played sir. Wow, it must suck to be affiliated with "sirius buzz", you know, pumping a stock that has been so bad for shareholders. The lesson, ignore the hype, or use it in a contrarian fashion. You know what I mean. Shit, I should be doing stuff and not wasting my time reading this bullshit.
Five Reasons RIMM Will Continue to Fall [View article]
That's what happens when you play musical chairs with stocks, expecting bigger fools to pay more than you did. Rimm was obviously overvalued. And when the "momentum investors" pull out, they all pull out, don't they? Wasn't Jim Cramer advocating this stock a few days ago? And he also said that it's good to buy overvalued companies, well here you go.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
sl62, 2005-2008 was a different situation. At that time it was a hype stock (like Rimm was 2 months ago). There were also some catalysts that people had high hopes for, such as signing Howard Stern. Such catalysts are unlikely to come and it is no longer seen as a game-changing, paradigm-shifting blah blah blah company.
So, you are right that a stock can trade at a very high P/E multiples when it's hyped, but that time for Sirius is past. Most importantly, becaue it is not new anymore. So at this point, it's about earnings. But hey, I could be wrong.
As far as the price back then vs. now, it's also not comparing apples to oranges for another very important reason: significant share dilution from then to now.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
the price from 2005- 2008 is not that relevant to today's price. Most importantly, because management has been diluting shareholders the whole time. look at the market cap, not the price
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
actually, may be the share price does NOT reflect that it's going bankrupt. Maybe 2.5 billion is only a slight discount to what this company is currently worth.
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Latest | Highest ratedPositive Cash Flow Signals New Era for Sirius XM [View article]
Blockbuster Could Collapse in 2010 [View article]
11 Stocks Selling Below Cash [View article]
Stifel Lowers Sirius Estimates on Weak Auto Sales [View article]
Stifel Lowers Sirius Estimates on Weak Auto Sales [View article]
Wienkes, Merrill Weigh in on Sirius [View article]
Is a Reverse Split in the Cards for Sirius? [View article]
An Ameritrade-E*Trade Merger? Not as Crazy as It Sounds [View article]
Fuld's Miscalculation: Were Berkshire’s Infusion Terms “Too Much?” [View article]
Sirius Shares Priced Like Stamps [View article]
1) take money out of stock market
2) put under mattress
-too bad only hindsight is 20/20
How the Rescue Plan Affects Sirius [View article]
Five Reasons RIMM Will Continue to Fall [View article]
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
2005-2008 was a different situation. At that time it was a hype stock (like Rimm was 2 months ago). There were also some catalysts that people had high hopes for, such as signing Howard Stern.
Such catalysts are unlikely to come and it is no longer seen as a game-changing, paradigm-shifting blah blah blah company.
So, you are right that a stock can trade at a very high P/E multiples when it's hyped, but that time for Sirius is past. Most importantly, becaue it is not new anymore. So at this point, it's about earnings. But hey, I could be wrong.
As far as the price back then vs. now, it's also not comparing apples to oranges for another very important reason: significant share dilution from then to now.
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]
Sirius XM On the Rise - Does Microsoft Want a Piece? [View article]