sl62

Sirius XM: Looking Ahead to Fourth Quarter Results

Someone asked about buying C or not here. Wow. If you do, you have big brass b*lls. They could bounce here or there but now all that preferred conversion looms to happen ANYTIME in the future. You would never know when the dilution would be coming. I say C is off limits until further notice..or they pull a Fannie/Freddie and crash to like .50. Then maybe I'm a buyer. I think they will also stagnate here because no one else is going to buy 'em here either. Shorts just took profits on all financials last few days so they have no steam for a while. Media were saying, "why is C going up?" Duhhhh..short cover! I know they knew the answer but they can't say it to We the Peons and actually admit to the manipulation. Shhhhhh....no sheeple would buy then and thus less profits..

Sirius XM: Looking Ahead to Fourth Quarter Results

Let's see...

Sept was a mess, Oct was a disaster, Nov was a disaster, Dec was iffy, Jan was iffy to a mess and Feb was a mess. Somewhere in here there HAS to be one decent month out of seven.. = March should be decent.

Sirius XM: Looking Ahead to Fourth Quarter Results

Hey guys...(and girls)

Just got back to see a nice comeback in the market..SIRI, a real nice chart today. Would like to see more stairsteps like this! Todays chart = very bullish. Well, as I mentioned, look at the market today..not even a 6 handle!! What? Futures were acting angry..like a 300+ takedown would be easy. And we hold 7K (so far LOL). What a great time to be in stocks isn't it? Double LOL..all I know, what goes down must come up sometime. I see a hefty March rally coming. Feb was a MESS. Shorts will lock in, give longs a breather, make a few bucks and market drives higher going into Q1 earnings. Of earnings can surprise, we could move back up towards 7800 - 8800 range. Did I mention Feb was a MESS?

I put an APB out on Mel today..

Sirius XM: Looking Ahead to Fourth Quarter Results

asm...

Good post up above...this encapsulates what I've ben saying (to those that will listen LOL) for years that our governmental system is INHERENTLY no different than what was in place from where we came. The difference is the lipstick has been put on the pig, as we say. American democracy is positioned just like common equity in relation to preferred and bondholders. It exists to give the illusion that people can own it, make a few bucks, believe they hold something valuable. However in the big picture, if you hold common equity, you are at the bottom rung in the hierarchy and can be usurped or wiped out completely at any time. The illusion of democracy is strong and that's the way our founding fathers conceived it..and in the same way the Fed was conceived at Jekyll Island, again disguising the old central bank concept from the old fifedoms. More lipstick on the same pig. Your article highlights that our King is really 545 people instead of one. Some might say 545 is better than just one and at least offers a chance at debate, but in the context of 300M people, 545 is more or less the same as 1. If we had a true democracy, the vote of the common person would not end on election day. Our representatives should not be allowed to vote "their" conscience once "we" elect them, they should be required to always vote the majority of the people they actually represent (hence further votes on issues, mandatory town hall's, after election). Then the representative takes the word of the people to congress and casts "their"/"our" collective vote. Of course there would be some issues the representative could vote solo, but major issues such as war, budget etc..should be inclusive of the "peoples will" not just "one or two persons representing the people's will." That would be a true democracy. Instead we have the exact same situation in place as 16th Century England where the "common" people/majority of masses had but public outcry or demonstration to use against that which may have been imposed on or against them by their governing body. King, Congress, what's the real diff? The results are the same. It's the will of the few imposed against the many. All American democracy does is allows the many to "vote" for those that will eventually do the imosing against them rather than them just being appointed or succeeded.

Now. Having said that, it is what it is. The truth is government and rule of ANY kind is inherently flawed. It is a connumdrum with no answer (kind of like Mel LOL). Someone will always have to suffer or be unnecessarily subjugated in any governmental system. Someone or "thing" has to make rules and others have to follow them. It's also the inherent flaw in having masses or throngs of people..period. Someone must lead and there must be rules put in place otherwise there is chaos.,which then inherently creates iniquities someplace in the chain. And having said that, I'd much rather be living with this pig here in the United States than any other pig I've ever heard of. The HOPE is (and I always also say hope is not a strategy..but..) that some form of rulership will come along that gets it right. Not perfect cause is never can be, but right enough so it's not too wrong or that which will head the masses into the darkeness. Obama and his minions are scaring me right now. Maybe he inherited something too evil to make it right too quickly. We skirted the oncoming recession in 2001 by manipulating the housing market AND by starting a war. Though the war increased desired spending, it also increased our debt exponentially. The housing boom though it created jobs and increased phony spending of faux dollars, it became tainted through greed and has now busted into little a thousand pieces. Both, now leave us in a very f'd up situation as we tried to avert a recession then (which we successuful did except that it was done with smoke and mirrors). All we can do now is PRAY that Obama is not wrong. If he is, we are totally f'd. If he's right, we'll recover. It's pretty much that cut and dried. There is little middle ground for the next 4 years. Cause, if he's wrong and we then have to dig out from another 4 years of going backward, you will pretty much be looking at a complete collapse and uber depression that will make the 30's look like Disneyland (which some have actually predicted). So here we are. All we can do now is watch and wait and see..how our gov is set up will matter little. IMHO.

Sirius XM: Looking Ahead to Fourth Quarter Results

357519...

Appreciate your kind remarks and hope you wind up back on the right side of the trade--which I hope for all. Agree with you it's a story involving a whole lotta people not just six. All having something to add and losses to live with day in day out. I'll be here to see this through til Mel gives us (his long lost shareholders) our quarter...

As far as the disposed of shares I think you mean...I don't read much into it since so many officers dumped simultaneously and so close to tax time. The Street went hohum also...

One possible scenario that struck me tonight that may have this debt issue addressed sooner than later. One of the contingencies for the remainder of the deal to consummate with Liberty is that KPMG does not issue a "going concern" clause..and in order to do that of course, the Q/K had to be completed. Once that is complete and if presented without any such alert, Mel and Co may just pull the trigger on the rest of the Malone deal. Thinking further, the JPM $250M May potential extension just might be awaiting this greenlight as well. So who knows, all this could just consummate with their earnings release. I was trying to think why Mel would put off the remainder of the deal. It strikes me that he can't until he gets a clean bill from KPMG. JPM Is probably contingent upon that and the Liberty deal is contingent upon both the JPM greenlight and KPMG..so it's possibly a chain reaction all waiting for KPMG and earnings. Something to hope for anyway....

Sirius XM: Looking Ahead to Fourth Quarter Results

asm...

amen to that...tomorrow we fight another day.

Sirius XM: Looking Ahead to Fourth Quarter Results

moviemakr...

I used to edit but these days I sit at the table behind. This is not an easy business so I applaud all who give it a go. For me it's now been 26 long ones. Good luck in your future endeavors..

As far as your idea, no offense but I'm sure you would understand some being skeptical about your ultimate intentions. It all seems on the level but we'll see..time will tell, it always does!

Gotta go get some dinner going..

Sirius XM: Looking Ahead to Fourth Quarter Results

killer...

tip of the hat to ya..and the dog of course...

Sirius XM: Looking Ahead to Fourth Quarter Results

guys...

I never really put too much into the st. player bag. Plus I doubt it would even have been given any credence by the Street (esp. being 3rd party). Those guys seemed pretty cool so I'm more in their corner for not being able to sell their spec play.

No..as asm says, were a hated band of misfits--though a moniker which we wear poudly. But time is on our side and so far the battle still wages with a few major wars yet to be fought.. to take back this lost ground of cash and cred...

Sirius XM: Looking Ahead to Fourth Quarter Results

moviemakr...

I did see your post this morning but had to run. I was in an edit suite my self today finishing a spot.

No one means any disprespect to you necessarily but you have to consider the skepticism when people just show up asking questions. We've seen many phonies show up then disappear. We've heard everything under the sun about people who work for SIRI, to do this, do that. People show up here to recruit for this and that too. A lot of noise. Personally, if you're going to do a story on SIRI and make it compelling, you are going to have to get pretty dirty IMHO. Getting to the bottom of this mess is also going to need some big-time clout to do it right. Many of us here mainly just want our money back from Mel. We believe in the product and potential of the company but we're in the unenviable position of trying to recover losses the old fashioned way. Not in a courtroom, but on the battlefield. That's why we remain here and fight the good fight. And why we remain in this hostile market in general when many have run away and are currently hiding in their closets. And we intend to walk off this field with heads held high and some level of satisfaction.

I do like the fact that your SoCal..I used to live out there and miss it..I'm curious. What are your goals with this? (just high level)

Sirius XM: Looking Ahead to Fourth Quarter Results

OldDruid...

Thanks for the post..

Why are we not surprised. But then again this was a 3rd party situation not directly from SIRI. Maybe that's why they don't put any money into it and let others try on spec. Apple probably wants nothing to do with Mel or SIRI. LOL...

Sirius XM: Looking Ahead to Fourth Quarter Results

killer...

Much appreciation for keeping the dog from going mad..

Sirius XM: Looking Ahead to Fourth Quarter Results

relmor...

hope you found your girl's kitty. We're back in the dead zone as before the BK fiasco. Sideways for a while longer. Mel put traders on notice 4/15 is the time to come back. Nothing's easy with Mel. We should be over and done with this mess, instead another hundred miles of bad road until he gets off the dime..we'll be here to collect what he owes us.

Sirius XM: Looking Ahead to Fourth Quarter Results

Cramer says he can't recommend any stocks anymore. As if anyone cares. Bill Gross said today stocks are dead and won't be coming back for a long long time. This from a pure bond guy who not only advises our gov on bond issues, but then buys their bonds and sells at huge profits with the same insider information. He advised on GSE's then made a killing. Probably shorted the equity too. Why doesn't friggin Cuomo investigate this if he's such a super sleuth now rooting out all evil and iniquity. LOL

Sirius XM: Looking Ahead to Fourth Quarter Results

Hey guys...

Just getting back in and I noticed that problem on the other site about a half hour ago. I just went back there and posted a test and it took it. So must have hit a tech glitch today. I see I didn't miss much.. The record post for a SIRI article is like 375 during the BK bs...so at 260, there was still room to go. Guess the thread just hit a snag today...

Good Forbes article on that Barons guy. Good news is things seem to be happening for SIRI behind the debt smoke..too bad Mel is making us all still deal with this debt bs. Can't wait to get past this and just be able to deal with SIRI growth. Stock has just flatlined. So we just wait...

Do you guys see how this market is being propped up right now? By all rights, we should be staring at DOW 6100 right now given the current environment. Or..it's being taken down VERY methodically so not to cause another panic. I think the shorts know that they would just kill the market if we were still dropping 300-500 pts a day. At least there's some decorum going on...Shorts could just crush this thing right now if they wanted to. In fact, given all the bad news and gov blunders this year, we could easily be looking at a mid 5 handle on the Dow already. But they know they will completely drive away too many indie long investors like us if they were to do it. So they would get the the big takedown but then just stagnate as there would just be no buyers left...they would create a wasteland that they themselves would be stuck in. Plus it would blow out the economy due to over-wealth destruction They made MAD cash in the fall, so they're just doing a little here and a litttle there now until buyers come back from here.. and things improve a little. They like this 7000 - 8600 range. They know this will be a bear market at least for 2 more years--a virtual ATM machine if they manage it right and keep enough longs in the game. All about strategy my friends.