siriusly depressed

Sirius, GM, AIG: Where Is the Leadership in American Boardrooms?

AGAIN,,,,you make valid points....

However, they have nothing to do with the subject and headline that you attacked SIRI on.......

I have PLENTY to bitch about SIRI........

But you,,,,completely misrepresented the Q3 number......

YOUR QUOTE...

""XM Sirius (SIRI) lost nearly $5B in the third quarter (not spent, or in the year, we’re talking losses in three months) is akin to finding out that the pizza parlor next to our office spent $13M in green peppers""

If your looking to grow YOUR business by reporting to the public,,,,you better explain things correctly and not embelish known details into overblown headlines for attention.....

Sirius, GM, AIG: Where Is the Leadership in American Boardrooms?

Ashkan,

Your above post makes a lot of sense and you sound very intelligent...

Your article groups a speculative groth company like SIRI with the likes of GM and AIG.......

I agree, where is the leadership of GM and AIG (let's not forget that 1/2 of GM's problem is that they're held hostage by the BS unions.....and while where at it, let's not also forget that the savior OBAMA wants to make union voting a public ballot instead of confidential,,,that's a death sentence to American business if higher taxes do not kill them first.). GM and AIG are staple American companies that were once successful and now run into the ground.

SIRI has been not only a start up company but a start up INDUSTRY.

There's plenty of room for SIRI to be critisized, but not under your heading.

AND, there's a lot of reason to talk about American board rooms running this country into the ground,,,SIRI is hardly at the top of the list..

Not to mention, that by emphasizing that SIRI lost almost $5 bil in the 3rd quarter the way you did PROVES one of two things,,,,,,,,,,

1) You know nothing about either the charge or the position of SIRI...

or

2) You're very well aware of SIRI's position and you're looking for a headline to bash SIRI.....which makes you a liar..................

Sirius, GM, AIG: Where Is the Leadership in American Boardrooms?

Right on Relmor,

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

They're avoiding a lot of questions...........

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

David Frear has been hanging out with Mel too much,,,,,,,,,

He's beginning every sentence with "So"

Earnings Preview: Sirius XM Radio

Cos,

I don't know why, but for some reason I thought the Q3 numbers were being released this morning and the call is this afternoon...........

By bad,,,,,,

By the way,,,,,,I've been meaning to tell you...I'm from R.I. and my dogs name is Fenway........

Earnings Preview: Sirius XM Radio

As always, thanks cos,

Well here we go,,,the eve of another highly anticipated day.

My hope is that the bad numbers speak for themselves before the open and it causes a downward movement (I have a buy order in at .20 which will complete my position). Then, after the close comes the surprise.....what surprise I don't know,,,but A surprise I hope.

And then, I hope you and sl62 are right and we'll have some upward movement going into the Dec. 18th meeting.

We'll see............

Good luck and good night.......

Earnings Preview: Sirius XM Radio

Cos, that's interesting,

If true, would that suggest even more that when the Feb debt gets taken out that the shorting will drop off?

Does that change our opinion of Mel's involvement?

Why would GS (Weinke) be so involved in taking the sp down?

Earnings Preview: Sirius XM Radio

I love it when a guy shows up here and tells everyone "how it's going to be" on his 2nd comment............

Whatever Mike, your clueless...........If Stern was holding the company up then how did XM get 9 million listeners without him???

By the way, that was a retorical question, don't answer it, i'm not interested...........

Earnings Preview: Sirius XM Radio

Good advice sl62,,,,,,,


As for our conversation,

There are 2 important issues that play into your outlook that I disagree with...

1) There is NO WAY a bank is going to finance SIRI between now and Dec. 18th. There is too much risk in the air that needs a resolution first (ie. auto's, holiday consumer confidence, economy down spiral)

2) Because of #1, I am absolutely convinced that dilution and rev split will be approved on Dec. 18th........They need it.........It's their only way to survive If this economy continues to spiral, and SIRI can't get financed. They at least need to have it in their arsenal going forward.

Given that, it leaves a lot of room for speculation between now and February.......

We will not know how the auto's get solved for a while, we will not know how the economy faired until Q4 reports come out (February), we will not know how Q4 will look for Siri til' Feb ( Q4 for SIRI could make or break us, ads could come out, auto's could get solved, Siri could add 1 mil or break even in Q4 and we will not know til Feb)

If I were Mel, and I couldn't get financing on favorable terms right now, I'd wait until Feb so I could either show Q4 success and get favorable bank financing OR I'd use some of the 8 billion shares that were approved back on Dec. 18th..... and that's why I'm convinced of the dilution approval,,,,,he can't see the future in Feb.


Also, the separation between the numbers release Monday morning and the cc in the evening seems like a set up.

Good news first, then bad news...or visa versa....???? Why??? What action are they expecting during the day on Monday that they will want to wait until after the close to talk?????

By the way,,,,,,,,there's a little more advertising in todays paper........

Earnings Preview: Sirius XM Radio

Come on guys let's get sirius,

Although you may be right, I'm having trouble buying into your opinion when you tell us........

""This is what will happen for sure.""

And then you ask the board for advice as to how YOUR broker bills you.........sorry man,,i'm not looking to you as the most experienced cat here........

Earnings Preview: Sirius XM Radio

Hey cos,

I was just catching up on the conversation you had with sl62 last night.

I'm a little surprised to see you so optimistic for Monday, and even more surprised to see you make your first move at .26.

I like the reasoning you and sl62 gave for your optimism, but I have some concerns.

As for the auto's, I agree that we're attached at the hip with them and will move on their news. However, for sl62 to suggest we will get a nice pop off their news of a bail out assumes SIRI is .26 for the right reasons. When has SIRI ever moved on good news? I thought it was agreed that the sp is under the control of shorts, MM's, GS, or whoever, and will move when THEY want it to move.

Also on the auto's, I'm concerned about the idea that we'll see a quick solution / bail out for GM. Another $25b bail out package does NOTHING for them while their cash burn rate is $2.3b per month.....$25b only gives them a few more quarters......A more involved solution will take more time and I can see Obama getting involved, as he is, but I can't see him taking over 2 months before he's even inaugurated.

Given that for the auto's, what if your right, but off on the timing?

Some key points in your theory,

**Auto problem gets solved soon, good for SIRI.
**SIRI debt refi announcement comes soon too, which puts stock up for a happy meeting on Dec. 18th.
**Monday's call is not as bad, and has some surprises (ie. B of B, debt news, advertising news, new product...... )


You and sl62 pointed out the coincidence of timing on all of these issues.

There's also another interesting coincidence of timing.....FEBRUARY...

In FEBRUARY,,,,,

**Obama will have just become president.......
**SIRI debt is due.......
**Time for everyone to report for 4th quarter.........


What if the plan is to continue the vague approach that they've become very good at????

String it out 1 more quarter........

1) There's no reason to report good news like B of B,,,,,,,B of B has nothing to do with the 3rd quarter......we know they could throw us a bone and tell us how it's doing IF they wanted to,,,but, they don't have to.

2) Let us go into the Dec. 18 meeting at .25 cents....It shows the urgency for dilution and rev split...

3) There IS plenty more down side possibility from here if dilution & rev split happen.

4) Q3 numbers will speak for themselves and be HORRIBLE.

So, continue as is,,,,,,,,Bla, Bla, Bla, Q3 report...shorts continue to manipulate and make $$, dilution and split gets approved and is added to Mel's list of weapons,,,,,,,,,,,,,,,...

Then in February, Q4 report looks better than expected (because auto's turned around a little, Xmas ads came out, and more) , B of B is a wonderful surprise, debt re fi is announced for Feb & May.

And we're off..................

I'm just having trouble seeing a big turn around starting on Monday in light of the horrible, factual data out there right now.

Please tell me why I'm wrong............

btw, I'm sick to death of Marks campaign of cut & paste.........

Sirius XM Radio Faces Shareholder Suit

sl62,

incredible post.........all great points / questions / concerns.

I'd love to hear a legitimate response to you, but I should have known it would be to "call Mike Hartleib"..... I'm not calling anyone. He can tote his happy ass over here and tell all of us.

Mark,

Your opinion you gave to sl62 says alot........

""But, the fix comes from hi up. This case will not live. But, we must try and maybe we will stop the Rev Split and get a pop out of this nasty mess... ""

It sounds more and more like you're just looking for a pop in the stock so you can sell and run.......

Well wouldn't everyone like that,,,,,,you can't make a stock do that just because you think you deserve it.

That's like betting $100 on the superbowl and then wanting your money back when your team loses because it rained and your star QB couldn't throw the ball in the rain. You didn't know it was going to rain so you want your bet back.

This economy is a fire storm. It's a crossroads of some very serious problems. Benchmark, American companies have or are going out of business. No one saw all of this coming this badly.

There may be some shady stuff going on and Mel may even be involved in something. BUT, these theories are out of control. Mel is a smart guy, but there's NO WAY he orchestrated all of this.......

How about this as a theory,,,,,,,this economy sucks, ALL retail sales suck, credit is all but NONEXISTANT, auto sales are dried up, and SIRI owes some money,,,,,,,,

They are also only 3 months into a merger that gives them 19 mil customers, $2+ bil in rev, auto deals with every mfgr., and complete ownership of the SATRAD industry.......

We haven't even gotten a quartly report that INCLUDES the merger, never mind one that shows the new company alone.....

You're downing the idea of being a trader...............a... what are you, "an investor"??? If you were an investor, than you'd support the conditions this company in dealing with only 3 months into this merger.......

You're all pissed because you didn't get your payday after the merger................... a bitter "trader"......

Analysts See Weak Auto Sales as Real Challenge for Sirius XM

Where's RELMOR,

You used to say that when we were at our darkest hour and when the analyst were against us that it was time to buy...............

It's getting pretty dark.................

Barrington Stays Positive on Sirius

Relmor,

How much of a run do you think the DOW and other markets will make thru Dec.??