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redbirdtom

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  • Sirius XM: When Does This 'Thing' Get Out Of The Mud? [View article]
    Been a wild and crazy 6 weeks. Bought a house, bought a new car...(with SIRIUS installed of course), 10 day vacation to Florida, moved 90 miles and solid traveling for work when I returned. Never got a chance to analyze whether selling SIRI was smart for me, so I didn't other than a small position in a non-qualified account.

    Sticking with SIRI as I agree with Stephen and think all this is a daily grind to see who is at the number to sell or buy. Very simple.

    With the chatter of Charter trying to get back into Time Warner it has thrown the spotlight away SIRI concerning LMCA. Although JM might be back for round two, I am still expecting him to do the RMT now that he has gone the direction of splitting up LMCA.

    M2C - Redbird
    Apr 3 07:28 AM | 2 Likes Like |Link to Comment
  • Liberty Pulls Sirius XM Offer - Creates Tracking Stocks [View article]
    Somehow I think owning LMCA just looked better. Anyone disagree?
    Mar 14 09:11 AM | Likes Like |Link to Comment
  • Sirius Investors Remain In Limbo [View article]
    My guess it is a distribution, especially with the "nasty compounding." LOL
    Mar 11 09:47 AM | Likes Like |Link to Comment
  • Liberty Media Speaks About Charter And Sirius XM [View article]
    Explain to me why it is a power grab? They are majority owners now. You will get shares in the Liberty C security. No voting rights....most small investors don't vote because they don't make a difference in the outcomes of the issues being voted on.

    Liberty is getting what Liberty wants...plain and simple!
    Mar 11 09:42 AM | Likes Like |Link to Comment
  • Liberty Media Speaks About Charter And Sirius XM [View article]
    Emotion Again....See the big picture.

    By the way, have you ever voted on anything on of SIRI proxies....my guess is "not."

    Redbird
    Mar 11 09:06 AM | Likes Like |Link to Comment
  • Liberty Media Speaks About Charter And Sirius XM [View article]
    Great analogy Spencer. LMCA has, currently and will in the future be a value creator when it comes to owning companies and then spinning them out.

    Many SIRI investors are coming upon the forest and they are scared to walk in since they are afraid of what is in there. They say vote "NO" but they don't realize they are already in the forest and there is no turning back now. Minority investors will not make this deal not happen. Institutional Investors are the ones they hope vote "NO." My guess they will not and it will be LMCA for all.

    I vote "Yes" because that is what is going to happen. We are owned by LMCA already. What is the big deal. Sounds like everyone is being a "pig" and not heading sound investment advice. Status Quo has changed. Sorry but that is what it is.

    Long LMCA and have been for close to 2 years. Long SIRI for 6, but that means long LMCA now.

    Redbird
    Mar 3 08:41 AM | 2 Likes Like |Link to Comment
  • Sirius XM: Focus And Discipline Is Required [View article]
    Sounds like he is after another company in cable now....check it out COX
    Feb 18 07:50 AM | Likes Like |Link to Comment
  • Sirius XM: Focus And Discipline Is Required [View article]
    SF, you have me rethinking my decison to sell.?

    I will get back to you after the 13d's and f's

    Redbird
    Feb 17 12:40 PM | Likes Like |Link to Comment
  • Sirius SAC Drops 19% - Or Did It? [View article]
    Yes, that is the biggest problem for me on Capital Gains. Just read SF's article on EV/EBITA and rethinking as well based on that metric.

    $0.14 share purchase will be a big Capital Gains hit....glad it is President's Day and didn't put start selling.

    I would like to see if an institutions are large buyers of LMCA and sellers of SIRI. Need to look up 13d's and 13f's on this. Get back to you on this.

    Redbird
    Feb 17 12:39 PM | Likes Like |Link to Comment
  • Sirius SAC Drops 19% - Or Did It? [View article]
    Officially going on record and would vote "YES" to the stock swap, however I will be selling my entire position the rest of the month. Sold some yesterday and will continue selling in chucks to DCA.

    Buying LMCA with proceeds....Malone does not lose when he does buy....RMT is back on the table in my opinion and I do not want a large stake in a company loaded down with debt when it happens.

    Owning LMCA is owning SIRI....and I will get 2 shares of SIRI for every share of LMCA. Smaller stake so I will still be in it when it happens. Best outcome is they appreciate like many of the companies that LMCA RMT's (i.e. STRZA). Worst is the debt keeps them low. Love the product and I see it eventually moving back up once it deals with lowering it's debt which will take some time.

    Made a bundle on SIRI and now it is time to exit. Status Quo has shifted. AdiĆ³s Amigo's. I will be on the LMCA board now.
    Feb 15 01:27 PM | Likes Like |Link to Comment
  • Sirius XM Ended The Year On A Sour Note [View article]
    Crunch, please share your concerns....you have me intrigued. Does it have to do with the control of the Class "C" shares once they are under LMCA's control?

    Thinking of buying more LMCA.

    Redbird....Pitchers and Catchers report today to Jupiter Florida. Baseball is back!
    Feb 12 08:21 AM | Likes Like |Link to Comment
  • Sirius XM Remains Strong Buy, Go Long On Sprint, And What's Next For The Market [View article]
    You are raising your price target and don't mention Liberty Media's deal on the table to take over the remaining shares in a stock swap? Really, you sure that you want to do that now?

    "Shares - The company currently has 6.385B shares outstanding and has made no announcement regarding expansion or reduction of this." Yes, because they pushed back the buy backs until April to see how the vote goes on shareholders - non-Liberty owned shares. Left a lot out on this one for information as well.

    "CapEx/Depreciation - We expect these to stay relatively similar to recent figures. While SIRI has ambitious plans of growth, they have announced that they have refinanced their liabilities and plan to continue to use these as a means for financing their growth." Not if the stock swap occurs and Liberty goes ahead and adds debt to SIRI to finance the Time Warner deal.

    Very bad timing for your review of the company. Especially if you don't mention the Liberty swap on the table.
    Feb 12 08:20 AM | 2 Likes Like |Link to Comment
  • Sirius XM Ended The Year On A Sour Note [View article]
    Crunch, I would love to know the average age of a SIRI user. This guy is probably not over 25 and needs to "crunch" (pun intended) his own finances to come up with $50 a year.

    SIRI should have a package of just music at $4.17 a month for these subscribers. The ARPU would not be affected and the young user would still get what they want....cheap music.

    The full product is for the person that spends above average time in his/her car truck, semi, RV etc. and sees value in content vs. music.

    Redbird
    Feb 12 07:29 AM | 1 Like Like |Link to Comment
  • Liberty Proposal To Buy Sirius XM Loaded With Non-Issues [View article]
    I have owned LMCA for about a year and a half and it is up from $88.22 to $135.00. Was even more but that is investing.

    LMCA is not your average company since Malone likes to RMT when he can. I will be selling my SIRI in Feb for tax reasons and buy LMCA with all the proceeds unless I see something shortly that tells me to wait.

    Malone to me = $$$$. I might not agree on how he gets there....but his track record shows he gets there. Time and time again.

    Redbird
    Jan 22 07:23 AM | 2 Likes Like |Link to Comment
  • Sirius XM : Liberty Media's Offer Is Attractive Despite $3.68 Offered [View article]
    As I sit here and contemplate the next few days I just realized that my father is the one that got me into investing. We started a small stock club in the late 80's, had it for about 10 years and when he retired, his needs changed due to wanting to be more conservative. Split it up but still always talked stocks when we got together. He taught me 95% of what I know about investing. He was still buying into his 70's. I convinced him to buy some SIRI and one of the last comments I made to him was that LMCA was trying to take out SIRI. He comment was, "How are we doing on SIRI." Told him he was up over 100% and he replied. "That is really good for us."

    He will be greatly missed. Simple man and one quote that I will always remember from him was, "I don't mind paying taxes as long as they are fair. That means you are making money on your investments!

    Redbird
    Jan 7 11:39 AM | 1 Like Like |Link to Comment
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