SIRI - Sirius Satelite Radio

[Gurudian]

Mr. Mel Karmazin will be on Jim Cramer's Mad Money tomorrow.

Howard Stern - 01.09.06 - T-Minus 41 Days + 60 Minutes

Martha Stewart - Advice and inspiration from Martha and her team of lifestyle experts on Martha Stewart Living // Ch. 131 coming this fall.

Bam Margera - Join the star of Jackass and Viva La Bam as he shares his warped vision of the world, every week on Faction // Ch. 28.

Eminem - Check out Shade 45 // Ch. 45, the ultimate uncensored hip-hop channel created by Eminem and SIRIUS, featuring 50 Cent's G-Unit Radio on Saturdays.

Lance Armstrong - Hear one of the world's greatest athletes share experiences, speak with listeners and guests, and play his favorite music Sunday nights on Armstrong Radio on Faction // Ch. 28

Tony Hawk - Tune in to Tony Hawk's Demolition Radio as he shreds the airwaves Tuesday nights on Faction // Ch. 28.

CNBC - Jim Cramer Mad Money

NASCAR - 2007

S50 (New) - MP3 Player + Satelite Radio

Sirius is definately the underdog in comparison with XM Radio.

Call me an optimist but I think I see the silver lining and I also see room for growth and subscribers.

[optimus25]

Don't forget about the NFL & NBA. I have XM and really wanted to hear games in my car.

[meth]

i have siri, like the potential, but damn, i still haven't subscribed. :(

[Gurudian]

The Revolution Begins in 27 days. (Really bad typo in my first post) 8O

HOWARD'S APPEARANCE SCHEDULE
by The Webmaster (www.howardstern.com)

Television
# 60 Minutes - Sunday, December 4
# The Today Show - Tuesday, December 6 AND Wednesday, December 7
# Saturday Night Live - TBA
# The Daily Show with Jon Stewart - TBA
# The O'Reilly Factor - TBA
# Larry King Live - TBA

Print
# Newsweek - TBA(soon though)
# Esquire - TBA (soon though)

[Will]

got the subscription last year and plan on renewing in January :D
Great service, and very affordable right now.

[deepinwonder]

My husband made the comment after seeing the show on SIRI that people subscribe to satellite radio so they won't have to hear gibberish like Howard Stern's.

Cramer also forgot to ask Mel about the parents who will cancel their subscriptions, if Stern gets as filthy as he did on cable tv. He's going to have to do a real balancing act to pull this one off and Mel is a little bit over the edge when it comes to the "sex sells" routine, didn't help VIA much. I was a stockholder and it never did recover after that, it's worth about half now.

[church mouse]

I have a quick question, if someone would be kind enough to answer me.
I bought SIRI this spring when it was low on my son's recommendation and plan on keeping it for now.
Personally, I can not stand to listen to H.S.'s filthiness yet understand the fact that people enjoy different things.
Since I really don't understand SIRI or XM that much other than what I get on my DISH network for channel choices from SIRI my question is:
Can someone subscribe to SIRI and never have to listen to H.S, or will he be featured on different channels?
Because he's on my DISH, but I never have to tune into listen to his filth, which is great, and I am hoping that subscribers have the same choice for the sake of the stock.
Thank you for any help in clearing this up for me!
Beth Ann

[ki klempa]

sorry beth ann, I don't see how you can subscribe and not get the howard channel... Just don't turn on that channel, if you have kids driving at 17 then I 'm sure they have parental controls like cable., I'm not too concerned since my kids hear worst at school and worst on there cds'

Kim

[Gurudian]

From what Mel said on Jim's show, Howard is suppose to have two of his own channels on Sirius. So, just avoid those channels I guess?

You don't have to be a fan of Howard, Just a fan of the fans that are. The more fans there are the more money Sirius makes, and that's good news in my book.

[berberick]

I bought this stock when Cramer first aired his op. on it . Sold it at a little over 7 . Made a des. return , Ithink it is dead for now .

[Gurudian]

Mid-January Target $8.00 & it will take a nice dive before it creeps up there. I know that Walmart, Best Buy and Circuit City are doing well selling these products and the S50 are being sold out in a number of stores. BestBuy.com is listing it sold out.

Don't take my word for it go see for yourself.

[the_menace]

Can someone subscribe to SIRI and never have to listen to H.S, or will he be featured on different channels?
Because he's on my DISH, but I never have to tune into listen to his filth, which is great, and I am hoping that subscribers have the same choice for the sake of the stock.
Thank you for any help in clearing this up for me!
Beth Ann

Your question is too simple. If you have Cinemax for cable, there's a late night movie that shows at midnight...but the deal is, you don't have to watch it. There's tons of channels out there to choose besides Cinemax at midnight. Same thing for radio, The country radio is there, but guess what? I don't have to listen to it.
Sirius satellite radio has over 120 channels and more coming soon, and I'm pretty sure that you'll have more selection that you could ever wanted.

[nedfromsaltmarsh]

Anyone remember the "good" old days when SIRI was CDradio? Had a great run a few years ago before the burst.

Big fan of satellite radio being a subscriber to both XM and SIRI. IMHO XM has the better basic features, but SIRI is coming on strong by trying to corner the market on the "extras"

My only knock is I don't like the way SIRI counts it's subscribers. Numbers may be inflated.

[deepinwonder]

My only knock is I don't like the way SIRI counts it's subscribers. Numbers may be inflated.

They aren't counting paying individuals who have actually activated their subscriptions with their own money, just the trial subscriptions sold to automakers. The average age of a new car buyer is not in Howard Stern's target market, either. His audience is in the demographic most deeply in debt and least likely to sustain paid subscriptions, long term. It's not adding up.

As far as "turn the channel, if you think it's garbage," VIA tried that on viewers and they did. And parents don't have to waste time watching their kids like hawks, if they subscribe to XM, who has better musical selections, in my opinion, anyway.

I'm not buying it.

[optimus25]

I agree deep. I don't think they count their subscribers like XM does. I have XM and I love it, especially "Frank's Place"...great music. My only complaint is that they don't have the NFL or NBA.

[deepinwonder]

We like the programming better on XM, but some sports would be nice. I think SIRI had a decent idea, there, but I really prefer watching football on tv and if I can't see the Buckeyes, any game will do. :o

[Will]

I, myself like Sirius programming better. As for Howard Stern, you don't have to listen, I probably won't. The thing is, 2 channels won't spoil the other 118 channels for me.

One thing I would like to say though is that anytime I talk about H.S. as being a good reason to own Sirius, I hear about Opie and Anthony on XM. But no one ever talks about how filthy they are when talking about why not to own XM. My point being, you will get the same filth with either, but there is a double standard due to Howard's rep.

I think owning either stock will make you rich in 2-3 years time, and both are fine products. If there is a reason to own or not own according to Howard, I think it would be a reason to own, simply for the fact that he is the "king of all media" and has 12 million of people that listen to him every week. Numbers don't lie.

By the way, the only time I have listened to Opie an Anthony on XM, they spent 30 minutes talking about the different styles that women shave their pubic hair in, and about 5 minutes talking about poop. You'll get the filth anywhere, but at least with SIRI, you get a guy who has 12 million weekly listeners.

[deepinwonder]

My point being, you will get the same filth with either, but there is a double standard due to Howard's rep.

The news is not promoting Opie and whoever as reasons to subscribe to XM or buy the stock and those 12,000,000 listeners can turn Stern on for free in their cars. They also don't have much to choose from on commerical radio for competition. That was my point.

I didn't know about those jerks on XM, because my husband takes the radio with him to the jobsite and nobody talks about them on tv. A big negative to me, as well, I do not have "double standards." I appreciate you cluing me in, though, and retract my statement about families benefitting more from XM.

As for Stern's take on his new show, he's said he's going to be filthier than ever, now that he has the "freedom," because he said that's what people will remember. I told my husband if he crapped on his desk, people would remember that, too, but what does that tell you? Not a danged thing. I guess Opie and whoever already beat him to it, but I'm sure Howard will come up with something equally disgusting for your (or someone's) entertainment. He is the King, isn't he? lol

In general, I think there is a future for satellite radio, because commercial radio has been thrown to the dogs. I just wish the dogs would stay off XM and SIRI and give us one place to enjoy entertainment where having some **class** is part of the standard. Don't forget what happened to VIA, Mel's "lower the standards to appeal to the ignorant masses" approach got people running for other channels and the only ones left watching didn't have any money to spend on those advertised products, in general. He's at it, again, good luck. :wink:

[deepinwonder]

I would like to add that if I ran XMRadio, I would use Howard Stern's new show on SIRI as a reason to dump any filth on my own radio, in order to attract people who will be offended by it. It would be a good marketing and financial move. Don't forget, the number one way these two services are being marketed is to new automobile buyers, and except for Hyundai, their average age is 50 years old, more or less. That is also an age group who is more likely to keep paid subscriptions going. When we are talking money and sales, we have to consider marketing and who those target customers really are.

[deepinwonder]

Howard Stern was on Bill O'Reilly, tonight, which will re-air on Fox later this evening, check your schedules if interested. Doing a two-parter, so he'll be on tomorrow night, too.

[Will]

of course, they are using Snoop Dogg as a reason to own, and he is a gangsta rapper who stood trial for murder. Personally, I like Snoop though. just splitting hairs really.
:D

[optimus25]

We like the programming better on XM, but some sports would be nice. I think SIRI had a decent idea, there, but I really prefer watching football on tv and if I can't see the Buckeyes, any game will do. :o

I'm on the road a lot but I do love listening to basketball and football. Can't wait to see the Rose Bowl game. Should be a good one.

[deepinwonder]

I love the Rose Bowl, especially when Ohio State makes it to the game!!! That was always my favorite growing up, too.

My husband takes the XM Radio to work with him, everyone on the jobsite enjoys it. They mainly listen to the XMCafe, because his crew and most of the guys around them enjoy that one. I listen to classical music in the car, because there aren't any jazz stations around here. Snoop Dogg needs a few music lessons, as far as I'm concerned, but consider the source. :wink:

Last night, Stern was talking about how excited he is to be able to bring "toilet humor" back to radio, he loves it and his audience "eats it up." They are going to time people going to the bathroom. Sounds thrilling.

[Gurudian]

Do you guys think the closer we get to Howard's launch the more it will drive SIRI up? Or will it come down before going up again, seeing as it is slowly becoming overbought?

[nefrologocatracho]

I love the Rose Bowl, especially when Ohio State makes it to the game!!! That was always my favorite growing up, too.

My husband takes the XM Radio to work with him, everyone on the jobsite enjoys it. They mainly listen to the XMCafe, because his crew and most of the guys around them enjoy that one. I listen to classical music in the car, because there aren't any jazz stations around here. Snoop Dogg needs a few music lessons, as far as I'm concerned, but consider the source. :wink:

Last night, Stern was talking about how excited he is to be able to bring "toilet humor" back to radio, he loves it and his audience "eats it up." They are going to time people going to the bathroom. Sounds thrilling.

You must've seen his interview with Bill O'Reilly. Ha! I can't believe people listen to this guy (either one actually). Anyway, Stern said that Sirius has a lot more to offer than just him, and I think he's right. As long as car sales are good, where most new subscriptions will occur imho, I think they'll do well.

BTW I was born in Ohio and have been a Buckeyes fan forever. That National Championship victory over Miami will keep me smiling for awhile! :D

[Will]

I figured it would be much more volatile at this time of year, but it seems to be building a little bit of a base.

[Gurudian]

Stock Scouter Raiting 7:

Fundamental
Grade: B
• The most recent quarterly earnings report was significantly higher than analysts’ consensus forecast. Positive
• Earnings growth in the past year has decelerated moderately compared to earnings growth in the past three years. Negative
• One or more analysts has modestly increased quarterly earnings estimates for SIRI. Positive

Ownership
Grade: C
• Insider trading information is unavailable or inconsistent.
• Shares are under heavy accumulation by financial institutions. Positive for large companies like SIRI

Valuation
Grade: B
• The price-to-earnings multiple is a negative number. No effect
• The price-to-sales multiple is significantly higher than the average for all stocks in the StockScouter universe. Very positive for a medium- to large-sized company like SIRI
• The ratio of SIRI's price-to-earnings multiple to its five-year growth rate is unavailable or inconsistent.

Technical
Grade: B
• The StockScouter measure of relative price change and consistency is high. Positive
• Previous day's closing price for SIRI was slightly above its 50-day moving average. Positive

[deepinwonder]

I was born in Ohio, too, we are crazy for football!!!

Howard Stern bs'd his way through that whole interview, both nights, even took credit for all the new "subscriptions" this year. It was funny when he and O'Reilly were accusing each other of being egostical, not sure who is worse. haha

Here's my prediction and keep in mind it's just my opinion:

His appearance on SIRI is being pumped to the max in the press. The stock is going up on this news. I think once he gets on there, the stock will drop a bit from speculators who bought in on that and are taking profits, and when people see that not that many are subscribing on account of him, AND that those subscriber numbers SIRI puts out are not all paying customers... they will realize Stern is being way overpaid, the stock will drop back off and whoever is left will be holding the bag until this company starts seeing some real profits.

Yes, I agree satellite has more to offer than commercial radio. But I also think internet radio is the wave of the future, you can get more stations with that already and we listen to it at home, when we're on the computer. Some really good music out there in cyberspace!

[Gurudian]

It's gapping hard right now... I don't know whether it'll drop back down because it's overbought before pushing the ceiling past $8 or if the momentum is so strong because of Howard it'll just reach target price of 8.00 by launch date.

[the_menace]

Its going up on Citigroup's call. I got in @ $6.99 last month...we'll see. I would like to see it up to 8-10 range.

[deepinwonder]

I just looked at your website, menace, you are very talented. (If I may be so bold as to make a suggestion, you have a lot of apples going in a lot of baskets, right now. Dave Thomas, the founder of Wendy's, suggested to up and coming business owners not get too scattered and to focus in on one thing. Your artwork and web designing is really very exceptional, not sure how much good that business blog is going to do you. Just a thought... :o )

I can see how this stock will reach $8, but not $10. I think it will drop back under $7 after Stern has been on a while and when they come out with quarterlies figuring in real subscriptions (meaning people who actually pay with their own money) it isn't going to add to it. New car sales are down, too, so that isn't going to help matters any and the holiday buying season for *toys* will be over. jmo

[Gurudian]

I believe that scenario sounds about right and has an 80% chance of happening in my opinion... But the wildcard is the other 20%... The numbers may surprise us all! Contemplating about waiting a bit for a drop below 7.50 before buying the March Call @ 8.00

[Rick]

Dead? I kept buying other stuff looking at Siri at 7.12 just a few days ago. It has just kept climbing.

[Gurudian]

Television
# 60 Minutes - Sunday, December 4
# The Today Show - Tuesday, December 6 AND Wednesday, December 7
# The O'Reilly Factor - Wednesday, December 7 AND Thursday, December 8 AND Friday, December 10
# The Daily Show with Jon Stewart - Tuesday, December 13
# The Best Damn Sports Show, Period - Wednesday, December 14
# Saturday Night Live - Saturday December 17th
# Larry King Live - Thursday, January 5

Print
# Newsweek - On newsstands now
# New York Magazine - On newsstands now
# Esquire - On newsstands December 15
# US Weekly - On newstands December 16
# Check your local paper on Sunday December 11

[voyager]

One of the contributing authors over at the the street.com just wrote a piece that states its time to sell sirius because it does not have any room to grow.

FYI

warmly to all,

david :lol:

[the_menace]

One of the contributing authors over at the the street.com just wrote a piece that states its time to sell sirius because it does not have any room to grow.

FYI

warmly to all,

david :lol:

He wrote the article when SIRI closed at $7.30, saying that the stock is overvalued. If people listened to him, they would have missed the additional .50 increase.

[deepinwonder]

Stern is scheduled all over the media to promote his new show so, of course, the stock would rise some on all that exposure. It's selling off a little this morning with profit taking, even though futures are up... but you're right. There is still a 20% chance the numbers for his show could come in good, I just wouldn't put a lot of stake in it and don't believe it's a "sure thing" like some people are saying. :roll:

[meth]

i am getting dive bombed by siri today! :evil:

[Gurudian]

This may be the pull back I was waiting for... To buy or not to buy that is the question... Will it drop more? .oO(Thought Bubble)

[deepinwonder]

DOWNGRADED BY BAC THIS MORNING!!!

Banc of America downgraded SIRI this morning to a "SELL," due to over-valuation compared to XMSR, their new target price is $5.50. BAC is going to be on CNBC in a few minutes to explain and Mel Karmazin will be on CNBC Power Lunch at noon to tell people Stern is not the only thing SIRI has up it's sleeve.

There was some big selling and volume first thing yesterday morning. I would not buy this stock, as I stated before. The numbers haven't been adding up. If you are holding long, you may get some decent profit out of it, some day, but you are going to have a ride ahead of you. You have to figure out whether you have faith in this company or not. Or else... sell, sell, sell!!

[Gurudian]

Funny how BofA and CitiGroup are on opposite ends of the spectrum. SIRI Topped out at 7.88 Friday because CitiGroup upgraded and now it's nose diving down 7.10 because BofA downgraded.

[the_menace]

^ lol, please don't say that... I own some SIRI. I'm currently listening to Cramer's radio show and he mentioned that he subscribes to Sirius satellite himself and likes it. I'm not sure if he owns stocks though. Remember, Stern is ON this 1/9/06. :wink:

p.s. I don't like listening to analyst and target prices. I noticed that they make me do wrong decisions sometimes. I have faith in Sirius.

[Gurudian]

I think if we take a step back from all this daily trading... Ultimately in a year or two from now it will do very well. SIRI will see better numbers when they are positive cash flow.

[the_menace]

I think if we take a step back from all this daily trading... Ultimately in a year or two from now it will do very well. SIRI will see better numbers when they are positive cash flow.

I agree. Look at this way. XM and Sirius are the only two competing in satellite radio and both of them have something to offer; but XM has been ahead because its been in the game longer. Who knows how satellite radio can be part of everyone's lives because for the price of $12.95 per month, its a relatively worth it price considering that media is big, and how this could be the future.

I know some people hate Howard Stern and that's their opinion. Why do you think Howard Stern is the king of media? Its not a glitch that he's that good; and recognize how many fans are out there are willing to pay just to hear him. Also, Howard is only part of the over hundred channel that Sirius has to offer.

[Gurudian]

It's so hard to tell where the bottom is when it is dropping like this. I'm itching to buy the March 8 call. I'm thinking the aftermath of the BofA statement will continue throughout the day so I am going to wait... Except for the fact that Mel is on CNBC later! Gosh. Who the heck arranged today's Media blitz?! lol

[aj14]

It's so hard to tell where the bottom is when it is dropping like this. I'm itching to buy the March 8 call. I'm thinking the aftermath of the BofA statement will continue throughout the day so I am going to wait... Except for the fact that Mel is on CNBC later! Gosh. Who the heck arranged today's Media blitz?! lol

People who fish for bottoms come up with muck.
Stay away from this stock...even with all of the hype, Mel himself said there was no point on the horizen at which they would be profitable.
I wouldn't buy XMSR either, but it looks like they are in line to get the Apple ipod satellite radio contract...another nail in the coffin of SIRI.

[Gurudian]

Mel was on Mad Money a couple weeks ago saying how they would be generating free cash flow in Dec 06. I think both Sirius and XM will do well both short and long term.

[HOGDEALER]

I thought I was a HOG but I must have been a pig. I got slaughtered!! 7.98 all the way down to 7.12 in 24 hours. Ouch!! Lost $12,900 Who was that guy on the street that wrote the article "Time to sell SIRI" Just yesterday while the stock was at 7.50ish Crammer sais on his radio show it was going to $9.00 I hope I live that long. :(

[Will]

I'm buying more if this drops below 7, so BAC can downgrade all they want. I feel its going to at least 8 by year end anyway, so in my opinion it is still a deal.

[Gurudian]

I personally think it is a good entry point. I got my March $8 Calls.

[Will]

By the Way
can I get a link on that Apple XMSR deal?

[deepinwonder]

It might be a good entry point for XMSR, since their P/E is much lower and people mistakenly thought this morning that both stocks were downgraded. Saw a couple of corrections in the news. Didn't see any news regarding an XM/Apple deal, would also appreciate a link, so I can check it out. Thanks!

PS I would consider SIRI if it drops back down around $5.

[aj14]

Mel was on Mad Money a couple weeks ago saying how they would be generating free cash flow in Dec 06. I think both Sirius and XM will do well both short and long term.

Yup, he did.
So in one year they might stop the bleeding...
but he never said a word...in fact, ducked the question....when asked when they would make a profit.
The stock might bounce, but it will never rally materially until there is some good news....

[aj14]

By the Way
can I get a link on that Apple XMSR deal?

Not every piece of worthwhile information comes with a link...in fact, by the time it is on the web, it is old investment news.
But, just to satisfy your curiosity, go to appleinsider.com and i bet you'll find some chatter.

[deepinwonder]

No, every piece of worthwhile news like that - which can affect a company with potentially huge profits - comes with a link to the news item and there surely would be tons of them, IF this is true. And it is not always old news, if it just happened. Get real. I'm sure I would put stake in a bunch of internet chatter, with nothing to back it up, too. :roll:

[aj14]

No, every piece of worthwhile news like that - which can affect a company with potentially huge profits - comes with a link to the news item and there surely would be tons of them, IF this is true. And it is not always old news, if it just happened. Get real. I'm sure I would put stake in a bunch of internet chatter, with nothing to back it up, too. :roll:

My view is that just because it is "on the net" doesn't make it have any more credibility than it would otherwise have. In the old days, people used to say the same thing about magazines and newspapers..."I read it, so it must be true."
Well, maybe i wrote it, or gave it to someone else to write (or post on the net) because that is what i wanted you to think...or not? Would someone do that? In an instant!

[Will]

so why are you so sure it will happen?

[HOGDEALER]

103 MIILION TRADES!! Cramer says $9.00 buy end of Jan. Just bring back Friday at $7.98

[deepinwonder]

Not all stocks finish their big sell off in one day, this is probably not over. jmo

[meth]

the pain!

[the_menace]

I'm sitting on a house of pain right now. :?

[Gurudian]

Howard will save you. :wink:

Mel's forecast of subs brought by Howard was ~3mil by end of 06.

[the_menace]

Howard will save you. :wink:

Mel's forecast of subs brought by Howard was ~3mil by end of 06.

Believe it or not, he's actually the main reason I bought Sirius. :wink:

[Will]

actually more than 3 million by end of 2005.
I'd rather have NFL, NHL, Soccer and NBA than NASCAR and MLB.
I'd rather have Howard Stern than Opie and Anthony.
I'd rather have 17 rock stations instead of 13.
I'd rather have Mel Karmazin than Hugh Panero.
and I'd rather have Sirius than XM.
Hate me for it, but I've listened to them both.
I suggest you do the same.
Keep selling, because I'm buying.

P.S. I love how XM is advertising a Rolling Stones week. FYI Sirius has had a Rolling Stones CHANNEL for a few months now.


By the way, I am still waiting on a link.

[Gurudian]

Will knows what's up. I agree. =)

I personally think that Sirius will slowly but surely do better than XM, but in the satelite radio business both are growing. Missed the Internet and Cell phones and dot com? This is the next big thing in my opinion.

There is a ridiculous amount of media blitz and consumer blitz.

Forecast? Down one more day before rally for Howard's Launch.

Citigroup (Upgrade ) vs BofA (Downgrade) who do you turst? Money Money Money... BofA has a lot of shares in XM, makes you think don't it? =P

Mel has been on CNBC so much... Coincidence? I think not... Everyone is bashing now because they underestimated the power of Sirius and now they want a piece of them. Now they can get the stock at a discounted price.

Am I Right? Wrong? We'll see... time will tell! 8O

EDIT: Cramer is still Bullish on SIRI! 8)

[deepinwonder]

You're right, time will tell. I was just putting my two cents worth in, to try and save somebody from this sell off, it was obvious it was going to come. With all this media blitz, YOU KNOW short term speculators were driving up the price and going to dump at the first breath of negativity. This stock is priced to perfection, it's not worth it.

As far as CITI vs. BAC, how many shares does CITI own and could that be why they are pumping it? You mentioned that BAC downgraded SIRI because they own stock in XM. Do you think one broker is more honest than the other? Grow up. And good luck putting your own money on the head of someone like Howard Stern. He sucks.

[Gurudian]

8O I wasn't questioning Bank of America's credibility I can understand where they are coming from. I just think Sirius has a lot of potential when everyone else thinks they have already put up a great show. Which is why I bought in at 6.50 and sold at 7.55 and I'm back in with my Calls, long and strong.

[ampere]

SIRI's PowerRating (http://www.tradingmarkets.com/.site/powerratings?sym=SIRI) is 7

[meth]

ok, so if this thing hits high 7 again, who is selling? maybe wait for a pullback, will it repeat itself?

[the_menace]

Going up steadily today coming towards Christmas. I don't mind it going up to 7.88 again to 8, then take some profits. :lol:

[Gurudian]

Call me crazy but I still think Sirius is a BullDog

[aj14]

Going up steadily today coming towards Christmas. I don't mind it going up to 7.88 again to 8, then take some profits. :lol:

Except for today...on the back of a JPM downgrade.

[deepinwonder]

JPM downgraded SIRI and XM was downgraded today, too. I noticed online that XM is the one selling the most radios on electronics sites, like Circuit City and Amazon. Could mean something to someone. I also noticed some stocks taking big dives last year right after Christmas, so was kind of hesitant to buy into any of them that have to do with consumers, at this point in time. Really, if someone is a long term holder of a stock, then the little ups and downs shouldn't mean that much. You are focusing on the longer term action, eh? Things like this can be very unnerving and when there is so much hype surrounding a stock, like this one, you know people are going to be jumping in and out speculating. I know that longs on other stocks Jim mentions on MadMoney have to go through a lot of baloney, until his viewers get in and out and the stock finally stabilizes again.

[blurt]

Two ex-SIRI executives were charged with insider trading. Neither admited any wrong doing but both agreed to repay their ill-gotten gains. Full story is on Yahoo - http://news.yahoo.com/s/nm/20051219/bs_nm/financial_sec_stern_dc

Do you think this kind of thing is indicitive of the quality of SIRI executives or is it just a couple of bad apples?

Would anyone like to speculate if this will have any effect on the stock price?

[BOOOYAHOOO!]

Two ex-SIRI executives were charged with insider trading. Neither admited any wrong doing but both agreed to repay their ill-gotten gains. Full story is on Yahoo - http://news.yahoo.com/s/nm/20051219/bs_nm/financial_sec_stern_dc

Do you think this kind of thing is indicitive of the quality of SIRI executives or is it just a couple of bad apples?

Would anyone like to speculate if this will have any effect on the stock price?

This insider trading news comes as no surprise to me. I mentioned in one of my posts a few months back about how I observed the trading on the day before the news on Howard Stern was announced. On that day the OBV rapidly rose by millions of shares of volume yet the stock price barely budged but a few pennies. The whole setup was obviously taken care of by a brokerage house that had an inside track on SIRI. This goes on constantly in the markets as it is just another case of the Bush administration pulling the wool over everyone's eyes and leading fokes to believe that the markets work on a level playing field after "protections" were put in right after the stock scandals of 2000-2002. The Bush administration didn't do squat to beef up homeland security after 9/11. That was proven without a doubt during hurricane katrina. The Bush administration didn't do squat to protect the small investor from the goings on down on Wall St. The fact is that things have gotten much worse because the hedgies have free reign on da mawkets. Eventually the problems will come to a boiling point and you will se a market disaster that will make the crash of Oct 1987 look like child's play. It is unavoidable at this point. They can fool the buying public with smokescreens for a loooong time. That is very obvious in today's marketplace. You can't fool the markets though. Eventually the excesses will be worked out and things will get back to levels where they belong. You won't want to be long SIRI, GOOG, AAPL, YHOO, AMR, or a bunch of other crap when that happens. Trust me on that. :wink:

[Luc1Grunt]

Boooo do you like anything? Now your blaming Bush? Blame, moan, I told ya so. Hmmmmff.

[Gurudian]

Caris & Co. analyst Susan Kalla initiated coverage of both XM Satellite Radio Holdings (nasdaq: XMSR - news - people ) and Sirius Satellite Radio (nasdaq: SIRI - news - people ) at "above average."

"XM has the first-mover advantage in the satellite radio industry, giving it the largest subscriber base and revenues," Kalla noted in a research report. XM "is also further ahead in hardware development, with three portable devices compared with Sirius Satellite's one."

Channel checks indicate above-consensus subscriber growth near-term for Sirius and "the debut of Howard Stern's new show is driving share gains from free radio." Also contributing to demand is a new portable satellite receiver and digital recorder.

XM has exclusive distribution agreements, including one with Wal-Mart Stores (nyse: WMT - news - people ) for sales of portable radios and one with Time Warner (nyse: TWX - news - people ) unit AOL for streaming audio channels on the Internet.

Sirius "may be able to bring down subscriber acquisition costs to $100 per sub, leading to a breakeven in 2006." Kalla said Sirius could reach about 16 million subscribers by 2010.

Kalla sees XM with 18 million subscribers by 2010, "slightly below company guidance, albeit forecasting a nascent industry over five years is error-prone." But Kalla doesn't expect XM to reach breakeven until 2007, after which "earnings growth could exceed revenue growth due to operating leverage."

[Gurudian]

You put a red curtain infront of a bull long enough and he's going to charge. :wink:

[BOOOYAHOOO!]

Boooo do you like anything? Now your blaming Bush? Blame, moan, I told ya so. Hmmmmff.

Yep, I like stuff you wouldn't even consider buying. :D I also like sectors that are out of favor because they weren't on the Bush and the Republican parties agenda. They were too busy making sure that assets became inflated to make you feel wealthy and to keep the economy strong. Homeland security was ignored but it won't be forever. Programs to assure the well being of our senior citizens were ignored and the entire healthcare system became less organized. That will be rectified going forward. On the other hand, the homebuilders, the finance companies, the energy stocks, the defense stocks, were all favored by the current leadership. All will suffer greatly over the next 3 years and will move to new lows. In the end I expect a total collapse of many of our current financial systmes as we know them. So perhaps the best long term sector will be gold. I wouldn't chase the current rally though. It is just a whisper of things to come. The gold stocks will not be immune to the coming steep correction in the markets.

[Luc1Grunt]

"total collapse"? I wouldn't buy gold, I'd buy guns.....

[BOOOYAHOOO!]

"total collapse"? I wouldn't buy gold, I'd buy guns.....

I doubt it gets bad enough that there would be anarchy. In fact, I don't see anything happening that will be worse than what we experienced before in U.S. history. It'll be a natural process where debt gets eliminated and anybody who is holding equity in the companies holding the debt gets their wealth eliminated. :D Of course falling energy prices will help buffer the pain for many American equity holders and homeowners, but not everyone. But that's just part of Dubya's plan I'm sure. If you like that kind of pain you may want to go ahead and take a stake in one of Cramer's new favorites, LEND. Today's report on new mortgage originations is just a brief glimpse of where things are headed. Buy LEND and you will feel at least as much pain as the fokes who bought NLY 30% higher on Cramer's rec. :wink:

[Gurudian]

I was checking my MySpace and what do I see in the corner of my eye? A Sirius Satelite Ad ! lol. Anyways, I think today we are Green.

[Gurudian]

Sirius (SIRI:Nasdaq - commentary - research - Cramer's Take) says it has already made good on its oft-stated pledge to end the year with 3 million subscribers. In a premarket release, the satellite radio provider also said it expects a "strong year-end." Sirius was up 22 cents, or 3.2%, to $7.05 on Instinet.

[the_menace]

Its above the MACD now, so hopefully it will be up from here now. 8)

[mst06]

Sirius is like cable TV use to be. Remember the days when you could watch cable TV with no commercials but now the channels are filled with them? Times will change and in the future I forsee commercials. I also forsee the same "parent controls" going into the Sirius System. I mean really, why can't they have the subscriber log on to their account and block the channels they find offensive? I'm sure this will happen in the future once more people start subscribing. Is this the future of radio? Stay tuned... :lol:

Mike

[Gurudian]

In one of the interviews Mel did on CNBC he said if the parent or whoever didn't want a specific channel they could have it blocked. So that feature is already there.

[HOGDEALER]

Sold 10-k of Siris today lost $8,600.00 till holding 5-k till end of month.

[kimmyrn]

I have been reading this forum for some time and finally decided to register. I have been watching the market for years but finally jumped in and bought SIRI. I have high hopes for this one!! I bought at 7.01. I never expected it would go as low as it is now especially with the Stern thing happening as of 1-9-06. I don't want to sell now because I didn't start out with much $$$ to invest and definately don't want to lose my $$, even though it is money I knew could be lost, just never expected it to go so low. Anyone have any thoughts about when it might start to go up? At one point Cramer liked this one........don't know what he is thinking about it now. I am still optomistic (fingers and toes crossed).

[church mouse]

I bought SIRI at $3.62 on my son's recommendation and sold it all early in the day yesterday. I did this because I was happy with my profits and this stock is not a good fit for me any longer, thinking my money can work harder for me elsewhere.
The upside (other than profit) is that I don't have to hear the updates on Stern any longer, who I do not care for at all. I just decided it was time to "wash that man out of my hair".
Beth Ann

[GDFLS]

I have a smal position in SIRI and I got in at $6.90.

I am holding until they report 4Q numbers, I think then they will get a bumbp in share price.

That is of course just my opinion, I think when I can take a small profit from this I will, mt money has been sitting there doing nothing really since July, so I think I will move on when I can have even a small gain.

[Will]

been in since 3.19, cashed in once in '04 and been holding strong since. There is major growth at this company, but the stock has really become dead in the water, as of late.
We will probably be dealing with some dead money for awhile, because investors seem to only want to buy in Q4. That being said, Sirius IS growing like wildfire, it has more sports, bigger names, and better programming than XM. The stock should reflect this at some point this year, even if it is in December.

[GDFLS]

Just got this in my MarketWatch email allert:

3:10pm 01/12/06
Sirius gains on heavy volume; Karmazin buys 1M shares (SIRI) By Michael Baron
NEW YORK (MarketWatch) -- Shares of Sirius Satellite Radio (SIRI) rose 1.3% to $6.21 on Thursday on volume of 116.4 million, tops on the Nasdaq exchange. The move comes amid a filing with the Securities and Exchange Commission that indicates Mel Karmazin, the chief executive officer of Sirius, has purchased 1 million common shares at roughly $6.21 each.