between the hedges_

Shorts Bet Against SIRI, But For Emmis and Entercom

More and more good auto news coming out. GM to keep Opel. GM Toyota Ford Hyundai all reporting great results. This is a short's nightmare.

Shorts Bet Against SIRI, But For Emmis and Entercom

By the way, he is known as a media analyst, if he's this good with non media stocks (just pull up a six month chart on Disney, Temper pedic, and Group 1), he will be awesome with Sirius.

Shorts Bet Against SIRI, But For Emmis and Entercom

Dead Elvis, dog, do a little more research before you bust on Tuna Amobi. Dog, pull these stocks up and you will see that your article busting on Tuna on these stock is old old news. These stocks are ABSOLUTELY rocketing and have been since the article was posted. Man, you look like an irrelevant idiot! Are you a Motley Fool? or are you from The Street.

Shorts Bet Against SIRI, But For Emmis and Entercom

Pell: You don't have to believe me, but if you want some in depth look into the target price from the best media analyst, look at Tuna Amobi's analysis. He is the best and has been dead on this stock. He has a $1.00 price tag on the stock.

Shorts Bet Against SIRI, But For Emmis and Entercom

Pell: I'm half teasing, but half serious too. Lets think this one through. We are coming off the bottom of a bad situation. Traders are once bitten, twice shy. Here are the two main problems, that have clearly been averted but with the human psyche of once bitten twice shy still holds Siri down, until people really realize that it is over. 1. Credit Freeze and 2. Auto Bottom.

1. Credit Freeze

The credit freeze is over for Sirius. They have refinanced. Financing is available again! Malone will finance this company even if banks freeze again (unlikely). They have some debt due in Dec. 2009 that according to the last report they could cover based on cash and equiv. The next traunch is not due until 2011, something that would worry me but for the green shoots developing in the auto market.

2. Autos WERE horrendous: They are now recovering nicely. Ford reported a nice tidy profit this quarter and affirmed full profitability by 2011. GM following suit. Another consideration is that Sirius is now not fully tied to new auto. They also have potential military deal coming out with Navy and Coast Guard, they have other lines that they are developing, strategic partnerships with Apple and Direct TV.

Really think this through. What in the heck is not to like about this company?

Shorts Bet Against SIRI, But For Emmis and Entercom

Consumers 401 ks back up to close to where they were before the crisis = more likely to freely spend instead of hoard. Gonna be a big Christmas season. You can see it coming with Big Daddy Buffets bet on the rail.

Shorts Bet Against SIRI, But For Emmis and Entercom

Shorts are thinking god, I better cover before everyone else does, when this is headline news today on Yahoo Finance, two days before the conference call: "GM reported its first monthly gain in U.S. sales in almost two years while Toyota and Ford also improved, a sign the auto industry it starting to come back from a yearlong slump." Shorts are thinking, could it be true. The post cash for clunker hang over only lasted one freaking month and was followed by the best month in auto sales in nearly two years. OH MY GOD. COVER COVER COVER. ALMOST EVERY NEW VEHICLE SALE IN CASH FOR CLUNKER (AS IT HAS TO BE FOR A CLUNKER = NO SAT RAD = A NEW SAT RADIO IN THE CAR. OH MY GOD. COVER COVER COVER.

Shorts Bet Against SIRI, But For Emmis and Entercom

I bet them shorts are thinking, dern, I forgot about that royalty rate increase and how it affects the top line. Dern Dern Dern.

Shorts Bet Against SIRI, But For Emmis and Entercom

Has anyone noticed that Mel has his color and swagger back? He has got that "I'm about to make a boat load of money to Siri Doom's demise" look on his face.

Shorts Bet Against SIRI, But For Emmis and Entercom

One more point. Do not ever ever ever underestimate the power of the consumer.

Shorts Bet Against SIRI, But For Emmis and Entercom

Time is cutting thin. Will you be first or last to cover? Think of these reasons to cover and I'd be first if I were short. 1. GM and Ford sales excellent. Looking even better. 2. Cash for clunkers surge will be reported this quarter. 3. Rental car market using SiriXM. 4. SiriXM re-uping Certified Pre-Owned. 5. Sky Dock. 6. Rumors of Blackberry and Google apps. 6. Rumors of Sky Dock home dock. 7. Rosie show. 8. Holiday season approaching fast with consumers pocket books loaded with hoarded cash. Times a ticking. I'd be a covering and a buying.