WellThisMightBeSIRIUS?

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

You can't count on people at the retailer's to be helpful unless they are management.....LoL....

Mark man..... If you lost money in this stock because you listened to us then your an idiot
(I'm not talking about you personally, I'm saying that in response to you saying that we have been pumping this stock for 2 years and people have lost money because of us)

People shouldn't invest on what they hear on these blogs... They are simply here for people to agree or disagree with opinions.... Not to make investment decisions...

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Also.... I don't think anything Mel said would have stopped the stock from coming down here.... So why not just keep quiet and then surprise everyone with a earnings report...

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Yes Sl62, I see where you are coming from with the financing and trying to reassure us in this hard time...

But Mel has never really been an outspoken guy....

He always low balled estimates and told what needed to be told... Then showed it with facts....

In this case, I believe Mel knows what he's doing.... He told us what we needed to know and felt that he didn't have to sit there and repeat himself over and over again.... But that's my opinion and the way I view Mel..... We all have our opinions

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

I didn't know that Cos.... I wish I had, that would have put the nail in the coffin to my last post.... but oh well it still does.....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

And back to the topic of Mel leaving us in the dark..... I think many people have gotten way too paranoid.... saying he kept us in the dark.... Well I would like you to tell me, rationally, something that Mel should have said more about......

My guess is that you can't think of anything because there is nothing to think about....

What do you want him to say more about...

He said that he and his staff were working very hard on getting refinancing done during the worst financial crisis ever!!! A WORLD financial crisis at that, and he restated that today ( so we know at least it is still in their thoughts) ....

He said that we shouldn't be worried about Net Sub growth or Churn rate and he proved it today.....

He said that the company with synergies will be cash flow positive by the end of '09, and he proved that the company was on that track today...( Already the synergies have been felt, with the revenue of $613 million)

Now tell me what else you wanted him to say... There was no news to come out...

Yes the only thing I can think that you will throw at me is that they could have worked on Advertising..... But you need a pretty good source of capitol to do that..... And right now (Sad to say due to the holiday season) SIRI doesn't have that cash to burn....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

I agree with what you are saying about not taking the company private and Hartlieb fighting for that.... But I do not think that Mel is doing anything wrong besides the keeping quiet....

And that's where I think people are wrong for backing up Hartlieb... They think that Hartlieb should overthrow the board here.... and that he will get all the money they lost back.....


And to answer your question about the Stock Manipulation..... Other like cos, s162, and 163888 have already cleared this up for me too so don't worry about it.... the manipulation isn't illegal, and there is really nothing he can do about it besides offer good news... which at the time is very scarce.... I'm sure there is either an article that has been typed while i'm typing or soon after that will clear this up more...

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Cos....
YES! That's what I mean... we as investors decide whether our investments are worth it and whether we want to invest more money to help protect our original investments.... No one has ever forced anyone to invest in a company....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Killer....... I think the time is coming soon where we will need the intel that you have gathered during your time in the brush.....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

And that's yet again killing 2 birds with one stone...

Lower projected Subscriber growth on recent automarket news..... Make it look like it is very likely that you lowered your guidance because of that....

Then come out with better than expected #'s..... That's the way i'm looking at it.

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

But I, Being an optimist, am going to believe that they just revised their subscriber base due to the recent trouble of the auto market, and are betting it will fold...

I think that this is the worst case scenario..... and that it won't happen... And yet SIRI will still have the excuse that they lowered their #'s because they were projecting a auto market slowdown....

Which would be perfectly reasonable!

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Yes.... Thanks for stating that about the de-listing Cos.... I wasn't to sure about the dates....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

Now mind you.... I do realize you would want to have a put against the stock.....
As insurance....
But if you expect to short this stock back down to these levels your crazy....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

JustAnotherLoser.....

I agree with you.... The stockholders should be benefiting... But...

Don't forget... When a company goes public.... it is to be able to raise cash quickly by offering stock..... (I know I don't have too tell you this but this is where my next statement is heading)...

As sad as it is, this is what SIRI is doing.... Using it's stockholders for what they are there for... To raise cash. You invest your money... they take it and run their business. It's up to the investor to decide if it's a good investment...

SIRI has a golden opportunity here....If they use their shareholders to get rid of the debt....

They have stated and now have proven that they are just a stones throw away from cash flow positive....

So here is what I am going to say.... once again...

If SIRI uses it's shareholders to pay off debt (Which I remind you, that's what a shareholder is there for... )

1.) They DON'T HAVE ANY MORE DEBT TO PAY OFF TO ANYONE ( It's not a refinance, where you have to pay another bank according to their terms)

2.) They will have positive cash flow (They have stated that they will become cash flow positive SOON, and so far have proven that their statements are true)

3.) They have positive subscriber growth.... (So far, they are beating their own estimates, I can't imagine a 4th quarter that has less subscriber growth than the 3rd , No matter how bad this recession gets... GM and F are looking like they WILL get the Bail they need)

Personally I don't see how these prices are justified or will be justified.....

And if they do reverse split..... There is nothing to short..... If you short a company with those numbers either

A.) Your an idiot

B.) You have insider information about the company that No one else knows....


That's My Opinion....... I think that a few others agree with it too.....
They just have more Numbers to back it up....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

JobCop.....

We actually have 5 months to get above $1.00 .... Don't forget NASDAQ suspended the listing rule that a stock has to stay above a dollar until January....

Circuit City Bankruptcy May Help Satellite Radio Inventory Levels

cos1000.....

You just said that statement about the subscribers not making sense man.... does any of this that is going on make any sense??? .... lol