siriuslylong

Is a Reverse Split in the Cards for Sirius?

Dear Friends;

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. .

Sirius XM On the Rise - Does Microsoft Want a Piece?

Don't forget SiriusXM (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.

Which Banks Are Left to Help with Sirius's Financing Needs?

Sirius XM has Content, Content and more content! Read the financials they have over 60% in cash to pay the first traunch of $300 million and lets not forget that a rights offering at these prices would take the debt out completly! They are adding new subscribers and the alacarte pricing should do well for the Xmas season. They are cheap as a takeover cadidate for Comcast as well as others that are looking at thier growing subscrition base. Lets face it, at under a dollar the downside is small compared to the potential of $5.00 - $40 over the next few years. saying that their is a 30% chance of them going bankrupt is Motley foolish of this writer. Where can you find an option today that will still be good through next year and give you this much upside potential. Wait when the large mutual funds realize that thiscould change the performance of their drifting media mutual funds and start buying at these levels, How about when David Frear, Chief Financial Officer and EVP, presents at the 2008 Deutsche Bank Leveraged Finance Conference in Scottsdale, AZ on Thursday, September 25, 2008 to the institutional community. What happens when volume explodes to the upside at over 100 million shares a day? What happens when the last of the shorts have to cover in a hurry. The stock is in an accumulation stage as the market has its attension pointed elsewhere. ACCUMULATE AT THESE LEVELS. It won't be a long time that we will be back over $1.50 - $2.50

Giving Cramer the Benefit of Sirius Doubt

Can't stand Cramer and his constant crap. seems to say nothing new but dumping on Sirius/XM, most writers tagging SIRI just to get someone to read their other nonsence. Listen to the Contant on Sirius/Xm Nothing else comes close to thier lineup. New car sales may be down because of the Oil crisis, but penetration is up. New subscriber base is groing and nothing else comes close to thier content. Look back at Cable TV and thier growth over the years with Sat TV and Basic TV competing for market share. In the years to come when SIRI is trading over $40.00 investors will look back and kick themselves for not buying as much as they could under $2.00.