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Sirius Investment


Guest 614Streets

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Guest 614Streets
Yes I trade on the margin.. Sirius is over 3 billion in debt and assloads of shares and notes out in the market.

 

So what the company is worth 10 billion. :D Besides they refinaced and they are a government approved monopoly in bed with every major auto manufacturer.

 

 

Yeah Stern wasn't cheap , and neither were the satellites.

 

They have free cash flow and positive EBITA , besides the debt what don't they have going for them? By the way that debt is a Net Operating Loss write off for liberty media who owns a 40% stake , presumably more since the 600,000,000 volume day and surrounding days were possibly Liberty media buying its limit allowed 9.9% more common shares. :)

 

 

The FCC even carved a slit across the neck of any real threat from Pandora when they passed a ruling that allows internet providers to limit bandwidth to applications that hog bandwidth and cause dropped calls and congested network traffic.

 

They pushed all real debt out into 2012 and 2013 which gives them plenty of time to retire lent shares and refinace. Shouldnt be a problem at all.

 

BTW I can tell your short SIRI. :D

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Guest 614Streets
I agree, but I'll go further and say I'd hate to see them renew with Howard. He's to expensive and doesn't really bring much to SIRIUS anymore.

 

Anyone see SIRIUS as a long term investment? I don't follow the new techy gizmos much so I keep thinking something will come along and remove their usefulness at some point, but I do day/swing trades on SIRIUS all the time because its just so news driven.

 

 

I do see it long term but as with anything there is a time and place to take your profits.

 

Intenet radio will be around someday when wifi and "4g" networks technology can handle the load. Some say thats 5 years away.

 

 

Then again who has the content? The licenses? Free radio and Terrestrial radio pose no threat.

 

The fact Sirius is now tied in with John Malone and liberty media who own a 40% possibly just recently without us knowing yet ,49.9% stake. With John Malone being the man behind direct TV and with sirius being an option in every major automanufacturer as well as them holding a 50% and higer penetration rate with a steller 50% and higher retention rate by offering new car buys the service 3 , 6 months free.

 

Think about thoose facts. Earnings for the quarter are released may 4th. Look into it and dyodd.

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Thats the beauty of the market right now. There is so much cash on the sidelines right now that you can get shares for a STEAL.

 

Yes, been enjoying it for the last 1.5-2 years with C, FITB, SIRI, URI, BA, and SMG mostly.

 

The first few have been great with all the news causing volatility. URI and SMG have normal seasonal changes, and BA has been at such a good price its hard to pass up.

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Its just alot of reading and watching. Everyone has their own play, there is no for-sure thing or right thing to do really. I follow alot of traders on twitter and their own blogs. I find that as the best source for realtime news.

 

Would you mind sharing who you follow on Twitter and what your favorite blogs are?

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Guest 614Streets
my day trade today Long $GS $158.50 with a $1.50 trailing stop limit. If Goldman holds 160 level it should spike up

 

Hope your getting out of GS, Its getting hammered and PF charts combined with shorting , that ship is sinking.

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Hope your getting out of GS, Its getting hammered and PF charts combined with shorting , that ship is sinking.

 

Still recommended as a buy by Jim Cramer. I like it but be prepped to hold on for a few months to a year. I think if you can get in at $150 or less, thats well bought.

 

On a side note, my Skyworks Solutions (SWKS) which makes nano tech components for Blackberry, HTC, Motorola, etc jumped about 8% this AM.

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Guest 614Streets
Still recommended as a buy by Jim Cramer. I like it but be prepped to hold on for a few months to a year. I think if you can get in at $150 or less, thats well bought.

 

On a side note, my Skyworks Solutions (SWKS) which makes nano tech components for Blackberry, HTC, Motorola, etc jumped about 8% this AM.

 

 

I would never buy anything jim cramer reccomends. Jim cramer works for GS. His croonies are going to short it and pump it.

 

 

The street.com and Jim cramer and mad money and cnbc are the farthest from advise I would ever listen to anything they said. Ever. They heard people then slaughter them like pigs. :bangbang:

 

 

 

 

http://www.youtube.com/watch?v=jLI_vaMW_HA&feature=related

 

 

 

http://www.mediaite.com/tv/cnbc-guest-calls-jim-cramer-public-relations-officer-for-goldman-sachs/

 

 

Best Jim cramer slam

 

http://www.youtube.com/watch?v=SGkrNJ19DSU&feature=related :lol:

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I would never buy anything jim cramer reccomends. Jim cramer works for GS. His croonies are going to short it and pump it.

 

 

The street.com and Jim cramer and mad money and cnbc are the farthest from advise I would ever listen to anything they said. Ever. They heard people then slaughter them like pigs. :bangbang:

 

 

 

 

http://www.youtube.com/watch?v=jLI_vaMW_HA&feature=related

 

 

 

 

 

 

 

http://www.mediaite.com/tv/cnbc-guest-calls-jim-cramer-public-relations-officer-for-goldman-sachs/

 

 

Best Jim cramer slam

 

http://www.youtube.com/watch?v=SGkrNJ19DSU&feature=related :lol:

 

 

Ive made tons of $ off Cramer recommendations.

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I would be a buyer of GS right now if I had cash.

 

Great entry point if you are looking LONG term

 

Hope your getting out of GS, Its getting hammered and PF charts combined with shorting , that ship is sinking.

 

Sinking ship? I think media hyped short term sell off. The SECs case is a witch hunt. 6.05 PE Is hard to beat.

 

I also like BP longterm. Another media hyped short term selloff. 8.x PE. Lost 30 billion in market cap due to a ~2billion accident that they may not even be liable for. Either way, people will forget, market will correct, and a decent dividend all the way.

 

edit: "Be fearful when others are greedy, and be greedy when others are fearful." - Warren Buffett

 

I don't day trade, but if any of you guys have questions about long term investing him me up.

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Guest 614Streets
Great entry point if you are looking LONG term

 

 

 

Sinking ship? I think media hyped short term sell off. The SECs case is a witch hunt. 6.05 PE Is hard to beat.

 

I also like BP longterm. Another media hyped short term selloff. 8.x PE. Lost 30 billion in market cap due to a ~2billion accident that they may not even be liable for. Either way, people will forget, market will correct, and a decent dividend all the way.

 

edit: "Be fearful when others are greedy, and be greedy when others are fearful." - Warren Buffett

 

I don't day trade, but if any of you guys have questions about long term investing him me up.

 

Be greedy when others are fearful applies to siri , not to gs, siri was not accused of fraud , gs is being accused of fraud. Im not going to argue with trying to get in at the bottom of valuble companies that are going to see liquidity and prices dropping but the timing right now is debatable , now isnt the time imo , theres more trouble to come , both for , gs , and bp. I wouldnt touch with a ten foot pole.... Not until their herpes is gone....

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Be greedy when others are fearful applies to siri , not to gs, siri was not a fraud , gs is a fraud. OK? Next....

 

No quite the opposite. What is SIRI's PE? What does that N/A mean?

Ohhhh wait, that means they don't make any profit. SIRI is a bet. It's no different than playing table games in a casino.

 

GS isn't a fraud. They had sophisticated investors (banks) that wanted to long real estate before the burst. They shorted it, so what? If real estate never busts and GS loses do the banks on the long end get sued?? No

You can't have it both ways.

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Be greedy when others are fearful applies to siri , not to gs, siri was not accused of fraud , gs is being accused of fraud. Im not going to argue with trying to get in at the bottom of valuble companies that are going to see liquidity and prices dropping , but now isnt the time imo , theres more trouble to come , both for , gs , and bp. I wouldnt touch with a ten foot pole....

 

You edited your post, and had I read this version I wouldn't have replied as I did.

 

If my original reply sounds prickish, my apologies.

We will just agree to disagree on our strategies. That's the great thing. There are 1000 ways to do it, and none is "THE WAY"

good luck

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Guest 614Streets
You edited your post, and had I read this version I wouldn't have replied as I did.

 

If my original reply sounds prickish, my apologies.

We will just agree to disagree on our strategies. That's the great thing. There are 1000 ways to do it, and none is "THE WAY"

good luck

 

I think your right there are 1000 ways to play it , and gs and bp are good plays , I just in my own opinion don't think now is the bottom for either company. Of course good luck with your strategies! DYODD as always! :D

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I agree BP is gonna be a good one for some gains if bought about anytime now. Might just wait maybe another week or 2, but its very important to watch the news. The longer it stays in negative light the lower it will go. It will bottom when things claim down and will regain most of its former price fairly quickly afterwards. So its a very good swing trade and I'm doing it.
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No quite the opposite. What is SIRI's PE? What does that N/A mean?

Ohhhh wait, that means they don't make any profit. SIRI is a bet. It's no different than playing table games in a casino.

 

GS isn't a fraud. They had sophisticated investors (banks) that wanted to long real estate before the burst. They shorted it, so what? If real estate never busts and GS loses do the banks on the long end get sued?? No

You can't have it both ways.

 

 

GS is a complex business entity who the government and public have a mistrust for. Their business is so complex, that rather than try to understand it, the government feels the need to dismantle it.

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lol. i havent even been watching my few stocks this week since i havent been at work...come to the computer after working on my kitchen all day and my jaw about hit my keyboard. down like $1.25 on BAC, almost $1 on FITB, and $.50 on ARMH. fuck. only like $60 since i dont have that many stock, but thats like 8% for me. in 1 day
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