Pell

RBC on Sirius: Past, Present, Future

I been preaching that for quite some time Jerrold.

R/S followed by typical undereducated sellers (those who perceive a R/S as always being bad) then a rall when the institutional investors get in at the best posible price. The rich get richer and we can only hope for a slice.

But I disagree this stock will not see the low 50s. There is too much money to be made daily buying and selling. They will take advantage of this until the last posible moment. Should buy back in now.


On Dec 04 02:38 PM Jerrold Williams wrote:

> Valuable info from satwaves below :
>
> "As I mentioned on this weeks Satwaves Radio show, the quarterly
> run rate is a little better than Q1 2009, yet falls short of Q2 2009
> numbers. Both of these quarters resulted in negative subscriber growth
> earlier in the year."
>
> Ok, with this new additional news from satwaves. Can people stop
> the fantasy of SIRI hitting over $1.00 by March. In fact as we get
> closer to March and the stock price will be heading toward $.50 due
> to the street realizing that SIRI is in panic mode. The street will
> feel that the 3rd quarter report was an fluke as the 4th quarter
> will be disappointing.
> People have to realize SIRIUS XM is directly linked to how well the
> auto market is doing. The retail market is minimal and won't have
> any impact according to MR. Bank. So, in 2010 we will have a penny
> stock that has not shown consecutive positive growth.....My updated
> forecast for March 2010 without R/S is $0.52.
>
> Do we see how silly all the talk of the 4th quarter being great was.
> I said before...If they can manage to break even with subscribers.
> That would be great. If they can add 10 to 40 thousand...Amazing
> job..My Projections are headed to a small loss of overall subs..
>
>
> The disappointing advertising campaign will add expense to the bottom
> line as well. I'll look to GET back in Febuary 2010 at a s/p of $0.52-
> $0.54. Then ride the penny stock ride to it's ultimate mandatory
> R/S. Unless a R/S is done NOW...Then new ball game.......All the
> fantasies are being brought to the light by reality!
>
> Hope for an upcoming R/S expect a short term pull back....then buy
> and make some money....Even Jim Cramer will be on board at that point!

RBC on Sirius: Past, Present, Future

Jerrold our uneducated counterparts are probably mistakingly counting mutual funds holds that were purchased prior to the downward slide before the merger. There is no reason for them to sell now. But by no means are they institutional holdings.

Again educated!


On Dec 04 02:09 PM Jerrold Williams wrote:

> LOL...The reason institutional investment is only 19.9% is because
> of the blogs about R/S? People are not buying SIRI because of blogs
> demanding a R/S?...Are people that misguided? Most investors don't
> invest in Penny stocks! The only way this stock will reach it's potential
> is if it is no longer diluted to the point where it is only $.63.
> I personally sold my shares until It is not longer a penny stock!
> I rode the penny stock ride from $32 - $.63. I got off the bus until
> the R/S. The penny stock ride is over! No movement until it has a
> respectable stock price! When Mel Karmazin is asked why his s/p is
> so low. He says, It's because we have 3.9 billion shares!!! Does
> he say because we need more subscribers, cash flow,etc....No, he
> says it is a penny stock due to number of shares.....He then says
> he will request that the SEC permits hime to keep his Penny stock
> due to his Market cap! Absurd!!
> REVERSE SPLIT.....JANUARY 2009....DEMAND IT!!!
>
> Tony, you are absolutely wrong...Sorry

RBC on Sirius: Past, Present, Future

Tony Newhouse? Was that Andy Kauffman's alter ego or RAF's?

RBC on Sirius: Past, Present, Future

From the guy who keeps getting educted!

LMAO


On Dec 04 12:53 PM R A F wrote:

> Keep pissing against the wind, Pell; You're pretty well covered already.

RBC on Sirius: Past, Present, Future

Way off, sorry. And Mel is supposed to say no R/S! He is the CEO for god's sake. What he did was mention the fact that the stock price is being affected by too many shares outstanding. GET IT!!!

Its called CYA!

RAF and now RAF/Tony educated!!!!


On Dec 04 11:45 AM Tony Newhouse wrote:

> I really don't understand why we are having so much discussion about
> a R/S? It really doesn't matter what these analysts say or those
> that continue to promote the idea of doing a R/S. What matters is
> what Mel says and he has emphatically stated that a R/S will be only
> done to prevent delisting. It the stock does not meet the dollar
> requirement by March that is the earliest that a R/S becomes an issue
> and the company can still get an extension. The downside risk to
> the stock at the current price is minimal so lets quit all the scare
> talk about a R/S. There are a lot of folks out there that have put
> off buying this stock or adding to their positions because of this
> kind of talk so lets put an end to already!

RBC on Sirius: Past, Present, Future

Scooterpod you can't read! "focus of the company" not Bank.

LMAO


On Dec 04 11:01 AM Scooterpod wrote:

> Pell, can't you read or did you leave your blinders on?
>
> "Despite this, Bank also believes that the focus of the company is
> to raise its price organically and will likely delay any such action
> until absolutely necessary. Bank went on to indicate that the company
> may strategically see the low share price as a positive factor in
> keeping institutions from selling the stock short, something not
> considered by most until now."

RBC on Sirius: Past, Present, Future

Connorport to your below comment NO WAY!

As you can see there is no way the long buyers at our level will be able to overcome the HFT and Wealthy Daytraders. The 4Q numbers are already built into this price this late in the quarter. This company is not that difficult (if we had the time and others do) to estimate within a few cents. SIRIXM is basically dependent on one industry at this time and the royalty fees can now be estimated.

Do you realize as a SIRIXM long holder how much I wish I AM WRONG! C"mon its just not a practical situation. I WOULD LOVE FOR YOUR SCENERIO TO HAPPEN BUT IT CAN'T.

Even the CEO knows the pps is being manipulated by the number of shares outstanding.

I would believe you if I saw a blurb about Mel personally buying his legal limit of shares from his own personal funds. I don't think he did, or maybe he does? THAT ACTION WOULD MAKE ME A BELIEVER! Until then he is just a cheerleader and talent scout.


On Dec 04 10:04 AM connorport wrote:

> You are right!!! They must grow the business and naturally build
> strength into the stock price before reverse splitting the stock.
> The stock price needs to be at $1.50 to $2.00 naturally(a price it
> is clearly worth) before it happens. Management knows this, if not
> they would have already done the RS and we wouldn't be discussing
> it. Management clearly has a vision of what the company is doing
> from the inside when all others look at the outside. We can only
> make our buying and selling descisions on how we feel the current
> management is running a company and how they report their findings
> and share the future details with us. Let us see what SIRI brings!!
> Long SIRI

RBC on Sirius: Past, Present, Future

Re again connorport it sounds like I complimented those who knew to continue buying to offset average pps. And no SIRIXM did have warning signals. Like the merger and the ability of the free radio lobbyist to prolong the process. That in turn gave SIRIXM less time to pull this thing together. Of course no one saw the other part coming, but there was enough there to sit that one out for awhile.

Did Warren Buffet own shares in SIRI prior to merger?


On Dec 04 09:55 AM connorport wrote:

> Don't talk about everyone having enough sense here. Where were you
> to advise all of us the market was crashing? Even the likes of Warren
> Buffet and others admit they didn't anticipate it. To play the role
> that one is smarter than all others who were trading this equity
> before the merger and then agree that it was manipulated all the
> way down to .05 is where i have a problem. If thats the case then
> i must blame everyone who voted for George Bush who allowed the 70
> year old uptick rule to be abandoned. It doesn't make sense. Im not
> a genius because i bought my shares at .11 when i purchased some
> at $3.11. If you are that good at seeing the future then please forward
> me the winning powerball numbers(in private of course) so i can take
> my millions and move on here.

RBC on Sirius: Past, Present, Future

RAF it seems from the three PRO analyst that the market is calling for a R/S where are you assuming they are not.

The R/S is being done not as a sign of weakness but as a sign the company is protecting its investors against manipulation.

I see the market and institutional money investors understanding this to be a sign the Board of SiriXM is looking out for the best interest of its shareholders.


On Dec 04 09:23 AM R A F wrote:

> The single most important trading dynamic for SIRI right now is to
> prevent any recurrence of rampant short selling - of the type that
> has seriously impacted this company over the past year. The SEC has
> already done much to curtail this, by restricting naked short sales
> and flash trading, but there is still significant manipulation of
> SIRI being seen on a daily basis through the use of legitimate high
> frequency trading by a few major trading institutions. There has
> been a significant and steady reduction in short interest over the
> last six months, as these institutions have recognized the peril
> of holding short positions in the face of improving fundamentals
> for Sirius XM.
>
> Given this backdrop - it is most important to keep all barriers to
> renewed massive shorting in place and allow the natural dynamics
> of significantly improving fundamentals to enable the organic growth
> in the share price to proceed, unimpeded.
>
> Any reverse-split at this time would be perceived by the markets
> to be unwise and premature - a sign of weakness - and would surely
> invite the type of renewed short selling that is exactly to be avoided
> at all costs while the company and its share price are showing every
> indication of improving into the first half of 2010.
>
> The persistent, repeated calls for a premature reverse-split by a
> minor handful of posters on this site are irresponsible and unwise,
> running counter to the stated position of the company as most recently
> affirmed by CEO Mel Karmazin. While a reverse-split may be advisable
> sometime in the future to reduce the number of outstanding shares,
> this should only be done from a position of strength - which surely
> lies ahead, given the current trajectory of the fundamentals of Sirius
> XM and the dominant technical strength of SIRI.

RBC on Sirius: Past, Present, Future

Jerrold,

I finally came to the conclusion that RAF and the others who do not understand the importance of a R/S now do so because they probably bought high prior to merger.

A R/S would be terrible for them. For those who had the sense to wait until after the merger or those who continued to buy to offset our pps cost know the R/S will not affect us.

I for one waited to after the merger to buy. I do admit to selling a bunch of shares at $ .69 several months ago that had an average price of about $ .25 but then a loaded up after the price fell again to around $. 52. So its all profit for me and I still understand the R/S is necessary.

I am holding this stock because I believe after the R/S, institutional investors and future quarterly numbers will take this stock to much higher pps levels. How many times could regular guys like us own a few thousand shares in a stock trading $15 or $20 a share after the R/S settles in and future earning support that value.

RBC on Sirius: Past, Present, Future

Good article Brandon. You see I can admit it. It hilighted all the key concerns.

Bank does recognize the problem of stock dilution and admits a R/S would be better for institutional ownership. And the key being he advised SiriXM the same.

My concern is that Bank states the company is going against his advice and continues to believe they can grow organically. "Despite this, Bank also believes that the focus of the company is to raise its price organically and will likely delay any such action until absolutely necessary".

"Bank went on to indicate that the company may strategically see the low share price as a positive factor in keeping institutions from selling the stock short, something not considered by most until now. Bank maintains however that the company should be more concerned with a longer term view than potential short term effects of its stock price".

It appears Bank advised for action and SIRIXM management is still waiting for a miracle. Hey maybe they know something we don't considering it is their company.

But now this is three respected analyst and one CEO all stating the major concern with the stock price is too many shares outstanding.

I love the fact that positive cash flow is xpected and will be used to pay down debt. Thats what investors want to hear.

I fear SiriXM board is not listening to the pros, we need the R/S much sooner than they think!

Sirius XM's Karmazin Speaks Out Against Reverse Split

Jerrold, RAF can loan SiriXM the money from his paid blogging money.

Janco Partners' Arenson Resumes Sirius Coverage, Discusses Pros and Cons

RAF its not the same company than before. Why do you make yourself look so foolish?

Here's a simple exercise. Look at the balance sheet before and look at the balance sheet after.

After you get the hang of that tell me when your ready for your next exercise.


On Dec 03 04:10 PM R A F wrote:

> Do I really have to explain to you idiots that the stock (SIRI) has
> been continuously in existence throughout the referenced time frames,
> and - as such - it has reflected all corporate events and expectations
> of Sirius XM throughout this period - and continues to do so. The
> impact of the merger is fully seen in the performance of SIRI, along
> with the present recovery as the synergies of this merger are now
> being felt.
>
> Conversation is over, fools. See you in the rally.

Janco Partners' Arenson Resumes Sirius Coverage, Discusses Pros and Cons

WHAAAAAAAAAAAAAAAAAAAA...

That is the dumbest thing I heard on hear yet! If I need to explain that to you further I must be having a conversation with a high school kid who gets good grades.

RAF you have really shown your true colors.


On Dec 03 02:40 PM R A F wrote:

> You are charting a stock, fool, not a company.
>
> Conversation's over. See you in the rally.

Janco Partners' Arenson Resumes Sirius Coverage, Discusses Pros and Cons

RAF how can you chart a company that has only been in existence for a little more than a year without sufficient time to build a chart? Or did you forget a major merger between SIRI and XM?

Once again I need to educate you!