bdp

100% OEM Penetration Doesn't Make Sirius Sense ... Yet

Just a reminder to all. Sirius will never file BK. I can't believe I still read this concern on many of these posts.The hard fact is that that the shorts continue to run the market. Not for long though. We are probably winding down to one of the final great buying opportunities for Sirius. If you sell now, it would be the same as folding your hand with a royal flush. It's looking possible that the sp may break through .30 and dip down into the .20 ( I am curious to see if the mm's will even let that happen right now. I doubt it.), but how long will this lull last? As all of us Sirius long haulers know, news like the iphone app will yet again blast the sp into orbit for a brief moment of glory and then back to earth again. But the sp will inevitably rise. You must only have the patience and steel gut to stomach the torment of your balances oscillating between red and and green time and time again without the urge to pull the trigger and unload. Sirius is as predictable as a bowel movement and should be looked upon as simply, yet again, having a bout of diarrhea that will dissipate and once more become solid. Hang in there everyone!

RBC, Barclays Weigh In on Sirius

Wont let sp dip past.

RBC, Barclays Weigh In on Sirius

Low volume today. Not 1 share traded in last 10 minmutes. MM has 200 shares parked at .1294

RBC, Barclays Weigh In on Sirius

For some reason MM's are forcing .13. Very tiny fluctuation from here. 2nd take down usually by 2:00, but does not look like it will happen. I can not believe I am wanting the sp to dip. Just want to buy more and average down, but not at .13

RBC, Barclays Weigh In on Sirius

Well, if we can make it past noon with no take down, it looks like we may stay around the .125-.135 level.

RBC, Barclays Weigh In on Sirius

If today is like every other day, the reversal begins in about 30 minutes.

RBC, Barclays Weigh In on Sirius

wait till about 11:30 for the big take down to .105.

The Sirius Price of Liberty

Go to sleep Cos, you're keeping me awake.

The Sirius Price of Liberty

Does Mel really need anyone to share the tab for the purchase? He is a billionaire, is he not?

The Sirius Price of Liberty

I just replied to my own post. Not egocentric, just hit the wrong reply. Oops...

The Sirius Price of Liberty

This is what worries me. It would seem that now is the time to make this move and not down the road when the economy and the market turns around. This is why I am very suspicious of Mels short term plans. (BTW- If the economy was strong right now, the SEC would be forced to investigate Sirius based on the illogical trading patterns. Right now they can get away with it because it can be attributed to the poor market conditions and the SEC can easily turn a blind eye. )

On Feb 19 09:59 PM bdp wrote:

> The appropriate price is exactly the absolute lowest denomination
> they can get away with. You can be sure, if the time came, there
> will be all kinds of depreciation formulations and depressed market
> values factored in that would bring the value closer to chump change
> than it is to 6 billion.

The Sirius Price of Liberty

I hope you are a good swimmer!


On Feb 19 10:01 PM cos1000 wrote:

> Bdp,
>
> I guess we'll have to just keep bailing..... and then we swim...

The Sirius Price of Liberty

Time for me to turn in as well. Have a good night.


On Feb 19 09:58 PM cos1000 wrote:

> Bdp,
> You and I have woken from different comas to find the same ugly reality.....
> Let's see if all of this speculation while the wheels of the deal
> are still turning gets us..... If it goes up .05 without any news
> tomorrow, I will sell 1/4 of my shares and buy them back on Monday.
> What can I say.... its going to take real news to sustain any type
> of turn around.... We will know that News when it comes, everything
> else is a head fake.... Good night and good luck.......... thanks
> for sharing your honest opinion with me and the board....

The Sirius Price of Liberty

The appropriate price is exactly the absolute lowest denomination they can get away with. You can be sure, if the time came, there will be all kinds of depreciation formulations and depressed market values factored in that would bring the value closer to chump change than it is to 6 billion.


On Feb 19 09:54 PM seri wrote:

> Cos,
>
> I have no idea what is an "appropriate" offer to be bought out is
> at this point. The company is worth more than the stock price for
> sure and I personally need a $.57 price (as of today) to come out
> even.
>
> But what is a likely take over / take private price at this point??
> .30? .60? 1.60? I have no idea how to even guess at the answer.

>
>
> On Feb 19 09:35 PM cos1000 wrote:

The Sirius Price of Liberty

You are in the same sinking boat as me my friend.


On Feb 19 09:53 PM cos1000 wrote:

> By the way Bdp,
>
> I absolutely agree that this company has a grip on me.... It also
> currently has me underwater and I don't like it..... I do not trade
> share every day..... as matter of fact this is the only company I
> trade that way. By doing the painful, not life enhancing trading,
> of this company now..... I will be able to get out of it sooner.
> There definitely something wrong with what's going on with this company.....
> It is very apparent that investing in it was a mistake made a long
> time ago. I am, like others just trying to get some of it back and
> I can be like a pit bull when I think someone has taken my trust
> and then money from me... I can't call a cop because they, the SEC,
> could care less....