siriuslylong's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/251984/comments http://seekingalpha.com/article/100371-is-a-reverse-split-in-the-cards-for-sirius?source=feed#comment-284691 284691
I have been long SIRI for too long and have sold and averaged down 5 times since $3.00 and still have lost more than 60% on my position. Justs dumped my shares at $0.375 today and put buy orders good to cancel at $0.08 per share! I think you should too. Take a look at JAVA with a 1 for 4 split in Oct of 2007 bringing the stock price back to approximately $24. Trading down to the mid $4 range. Mel will raise capital with more caustic Convertible Prefered Shares and the shorts will have another field day smashing the stock again. Though Cramer is sometimes Obnotious he was dead on what was going to happen here. Its up to you but my thought is that we small investors to sell all our shares here and help drive the stock to $0.05 a share. Stick it to the Converatbles and then after we see the share price down again by mid 2009 after the reverse split buy it out of the rubble like JAVA here at 1/5 the price.I wrote hear earlier that Mel and the board should have done a rights offering instead. that would have made the shorts pay up, But that fell on deaf ears. Take your money and buy Ford or GM instead, at least the Government is thjier to bail them out. . ]]> Fri, 17 Oct 2008 13:29:20 -0400
I have been long SIRI for too long and have sold and averaged down 5 times since $3.00 and still have lost more than 60% on my position. Justs dumped my shares at $0.375 today and put buy orders good to cancel at $0.08 per share! I think you should too. Take a look at JAVA with a 1 for 4 split in Oct of 2007 bringing the stock price back to approximately $24. Trading down to the mid $4 range. Mel will raise capital with more caustic Convertible Prefered Shares and the shorts will have another field day smashing the stock again. Though Cramer is sometimes Obnotious he was dead on what was going to happen here. Its up to you but my thought is that we small investors to sell all our shares here and help drive the stock to $0.05 a share. Stick it to the Converatbles and then after we see the share price down again by mid 2009 after the reverse split buy it out of the rubble like JAVA here at 1/5 the price.I wrote hear earlier that Mel and the board should have done a rights offering instead. that would have made the shorts pay up, But that fell on deaf ears. Take your money and buy Ford or GM instead, at least the Government is thjier to bail them out. . ]]> http://seekingalpha.com/article/97507-sirius-xm-on-the-rise-does-microsoft-want-a-piece?source=feed#comment-265776 265776 SIRI) continues to attract new content every day, Terestrial Radio continues to loose content and advertising daily. Subscribers continue to rise, new electric and hybrid carscomming to the market and $25 billion to the auto makers to retool! Current price is cheap and internal cash or a rights offering could take out short and long term debt. Turning to a profit in 2009 would bring tremendous institutional support to SIRI. Don't invest your last dollar, but put you spec dollars to work and look back at a significant profit in the years to come. risk/reward ratio is in favor of reward.Any of the above companies would love to have access to this subscritiion pipeline. Satelite ecomerce is on the horizon and new radios could alow customersto purchase products directly. Look how long it took Comcast or Direct TV to grow subscibers! In the beginning those who believed in thier base of premium content for paid subscritions won out. Buy on any weakness and take a long term outlook on future growth.]]> Fri, 26 Sep 2008 09:23:17 -0400 SIRI) continues to attract new content every day, Terestrial Radio continues to loose content and advertising daily. Subscribers continue to rise, new electric and hybrid carscomming to the market and $25 billion to the auto makers to retool! Current price is cheap and internal cash or a rights offering could take out short and long term debt. Turning to a profit in 2009 would bring tremendous institutional support to SIRI. Don't invest your last dollar, but put you spec dollars to work and look back at a significant profit in the years to come. risk/reward ratio is in favor of reward.Any of the above companies would love to have access to this subscritiion pipeline. Satelite ecomerce is on the horizon and new radios could alow customersto purchase products directly. Look how long it took Comcast or Direct TV to grow subscibers! In the beginning those who believed in thier base of premium content for paid subscritions won out. Buy on any weakness and take a long term outlook on future growth.]]> http://seekingalpha.com/article/96686-which-banks-are-left-to-help-with-sirius-s-financing-needs?source=feed#comment-263459 263459
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]]> http://seekingalpha.com/article/92273-giving-cramer-the-benefit-of-sirius-doubt?source=feed#comment-240273 240273 Wed, 27 Aug 2008 14:19:25 -0400