sl62

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

asm..

LOL on Cramer..btw...early this AM as I was watching the other behemoth article load up for my last post, I noticed your Johnny Dangerously reference from yesterday, which I missed at the time...Well fargin' done my friend...

I'll check back in later today...

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

guys...

I gotta run...will be back at the board later this PM...MM's and shorts have the press on today. No surprise since they knew how many people bought in too low and stood to make too much cash. Gotta shake that out first and make some profits. Blue23, I still think we have a great chance of doing 400M today. Still climbing and I think this afternoon will bring some good action. Another 150M from here won't be too tough...

And I agree with your take on white knight. Let's just say partial WK since other than Ergen and his hostility, Malone was the only game in town. But of course he's no dummy and gets alot/blocks his foe..albeit not control of the company. Win-win for all I say... given the alternatives. Who knows..maybe at some point in the future, he does take control, which wouldn't be a bad thing either IMHO...

Remember guys...we're guests on VE's article...no Kools put out on his Persian rugs!!!

John Malone....we salute you!!

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Well said Blue23...

I like this story from ARS...

>>Sirius XM Radio rescued in a cliffhanger
By Andrew Ross Sorkin and DealBook
Published: February 17, 2009

NEW YORK: Mel Karmazin, the irrepressible chief executive of Sirius XM Radio, worked his phone all last week from his corner office on the 37th floor of the McGraw-Hill building in New York.

"Get Malone on the line," he shouted to his assistant. Ten minutes later, he was calling "Charlie" - as in Charles Ergen of DISH Network, formerly known as EchoStar Communications.

In between those calls, he was dialing up Roger Altman of Evercore Partners, a former deputy secretary of the U.S. Treasury, and James Lee Jr., the vice chairman of JPMorgan Chase. "We gotta find a way to make this work," he would say to just about anybody who would listen to him.

Karmazin, a born salesman, was not just jabbering - he was battling against the specter of a bankruptcy filing for Sirius XM, the satellite radio company he had fought to create by merging Sirius and XM Radio less than a year ago.

Ergen, his longtime nemesis, had bought up $175 million of Sirius XM's debt, knowing full well that Karmazin could not afford the payments, so he could turn around and try to take control of Sirius.<<

Rock on Mel!!

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

couldn't take out .16.....

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Shorts trying for a retest of .1511...

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Man, can they pull those bids right quick eh??

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

keep in mind too guys. Todays action could range right about here then jump significantly last 15min. I still say we close in the .20's today. That will if nothing be a victory...

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

looks like another little takedown attempt...selling pressure just increased

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

learn to think...

I think the SP will still reverse this year. Even if it climbs back to say 1.40 over the summer..or even going hog wild up to 2...Mel will reverse to move the SP to a different range for different traders. But. This reverse, done not in trouble, will be a positive. I look for such a reverse in the late Fall. He has until Dec '09 to do it under the Dec ratified vote.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

mogami_99...

Usually that's the case and ten thousandths go away for sure. You do still get stragler haglers going to thousandths over a buck...i.e. 1.035...and usually it is in 5 thousandths at a time not 001's, 002's, 003's etc...

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Blue23...

Glad to have you aboard...My thoughts exactly. I've seen this too many times before. Shorts will play into the fear until they feel it's exhausted. As we know, no stock is without some kind of short position. But eventually, the selling pressure will collapse and make way for a surge. They allow that surge then sell into it. Second verse same as the first, etc...etc... each time the SP gets a higher base.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

koop...

I've said before I think SP has opportunity to get back to a buck (or close) on it's own steam sometime in the spring. Given that markets continue to improve. With Liberty now involved, SIRI is a powerhouse and will eventually start reaping SP bennies from Direct and other related of holdings...any announce of new synergies will pop the stock too. Many new potentials than were in place before.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

Again guys...the fact that the market is down 275 has not engendered the best morning push we could have had. Typical SIRI timing!! But I like the way this is trading. MM's put the full takedown press in play and we're poised at .18. Todays news was not a rumor!! Think about all who have now sold all. They are sitting there thinking about what they just did and are scared to get back in. We never know when the next wave piles in. It's along day...and set of days/weeks. Todays afternoon session could bring a nice pop an close at the highs....maybe .26

Blue23....

Sound advice. This not a sprint. We didn't go from 1.50 to .05 in one day and we won't get back as such. Plenty of opps up ahead to drive higher. There will be new, higher price targets set, buy upgrades and the Q. All will move this stock higher...

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

don't foget too..in plays like this, the following mornings premarket usually yields another decent pop. I still think tomorrow will be the better of the two days...why? Because smart money will also wait until todays volitility settles a little. Some institutions will even wait a few days, then pile in. This SP is ridiculous@ .20 or .40 or even 1.00 as a longer-term spec trade. The table is being set where debt is all being pushed back to 2011 and beyond., leaving a lot of time for interim gains.

Intrinsic Value Investing: Recognizing Potentially Mispriced Stocks

I mean .1511 lol