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Good time to buy SIRI
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yup got 10K shares now been holding it for a bit now believe it or not i got it at .87 back in the day =)) I agree its still a great buy now
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I bought a Sirius receiver this weekend. Does that count?
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The market has an Eagle Eye on the Stern deal. I think it will run up when Howard goes live on January 9.
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how does it compair with XM?
isnt xm the more popular of the 2 networks? |
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they've been talking about the Stern impact for a while - curious, why buy now?
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have they made any money yet?
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http://bigcharts.marketwatch.com/qui...SR&x=41&y= 10
XM is trading at more then 4x what sirius is at does anyone know what the subscriber base for both is? |
XM has more subscribers, but Sirius is growing faster and will pass them by. Sirius also has NFL, NBA, NHL... XM doesn't.
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Stern is the icing on the cake, that is all. Sirius also has the NFL, NBA, and NHL... XM doesn't. |
XM has Opie & Anthony
Tell 'em, Fred. |
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The show that prompted it all was one of the best live broadcasts EVER, by anyone. |
Howard was on 60 mins.
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The best time to buy was last week when SIRI hit 6.88 :)
We got in for 8000 shares, now its just a matter of waiting about 12 months :) UARM is also a nice stock pick if you can get in at around the 22 price range, i have 10000 shares of this that i have been flipping on and off for the last couple of weeks :thumbsup: Regards, Lee |
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Its still not to late to get in. This stock at the very least is headed to the low to mid 8s this quarter. Once the sub numbers are released it could even be higher.
Mel predicts profitability in 2006 and he is a very conservative man. The stock will sky rocket then. A lot of MMs with there fingers on the buy button just waiting for this company to prove itself and so far they are. I am in heavy in the low 5's, mid 6's and again in the high 6's this past week. Jump on board :) |
Between XM and Sirius, I would personally go with XM. Why? Because of this key fact: XM posted a gross profit of 42.51 million last year while Sirius posted a gross profit of negative 54.06 million.
Now, with the addition of Howard Stern, Sirius may be able to bring up their subscriber base and bring additional revenue from ads (yes they will be forced to place ads on Howards program from what I hear). The problem with the whole Howard Stern contract is that they are paying him an insaine $500 million dollars for a 5 year contract.... Thats over $100 million per year forced onto a company that already pays out to the NFL alone over $200 million dollars per year. Back in the day when the NFL contract went down everyone was up in arms saying that this will bring Sirius into the green profit margin and will cure all of their troubles....WRONG, it just slipped them further into debt. I hope that Howard can turn things around for Sirius. Just my :2 cents: Jim |
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Sirius doesn't need Howard to turn them around. Their subscriber growth has already passed XM. Howard is just the icing on the cake. |
the insider trading on SIRI is kind of scarry. Everyone is selling.
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I do the same thing. I buy and sell the stock. Holding is boring. |
I bought SIRI over a year ago and plan on buying more now. It is my understanding that in order for Howards salary to be paid for he would need to bring 1 out of every 22 listeners over to Sirius. His listeners are loyal and i have no doubt he will poach more traditional radio listeners over to satellite then what is required to pay his contact.
I will be cheering from the sidelines :) |
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They are even talking about raising Sterns contract value already and he hasnt even aired yet LOL Regards, Lee |
The only good reason to buy siri is to hold it when it gets bought out by XM
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I am not very worried about the insider selling with Sirius. |
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i say buy shares of both companies. If Sirius is a bust people who are hooked on satellite will just migrate to XM or vice versa. But satellite looks like its here to stay. I know XM has my DirecTV sewed up with stations also..
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there was a girl in the grade behind me named siri.
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It's still going up.
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Doing good today too.
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I've watched the stock for a long time now... 1) XM is a better product. Anyone who has had both and has a brain would agree 2) Neither are a particularily good investment other than short term swing trading. Why? Because the future for United States consumer market (Next 5-10 years) is looking grim. Without getting into all the details now... Basically, if your avg american family is worried more about necessities to use their money for....The LAST thing on their list is going to be some as un-needed as satellite radio. Its a cool thing and I love mine (XM one :winkwink: )....But its not cool enough to takeover conventional free radio. This isnt cable television we're talking about here. Consumer debt in the county is at an ALL TIME high right now because the feds had rates so low for so long. Well now everytime the fed raises , the interest is getting worse and worse for the majority of those that took out these loans. Americans have never lived so much off of credit as they have now. Mix in the baby boomers selling off for retirement, our rediculous current rate of inflation which after it spikes will create deflationary period just like it did about 70 years ago and then everyone's houses will drop drastically in price which is the main asset people hold. The shit's going to hit the fan and if you want a stock to hold...Get stocks dealing with necessity. Not this insignificant bullshit that there will be NO CONSUMER MARKET FOR. If you want to ride the train and hope it jumps back up to an overvalued 10 again before crashing down to 5 like last time. By all means, thats a swing trade and it could work out. But if you have dreams of this thing going to 20-30 and then sustained growth. Well then your head is in the clouds |
I love Bears. People said the same thing about Cable TV, Sat TV, and other pay for media services (IE: Napster). Sat. Radio is here to stay and Sirius has been a great play for me. Celestial radio is dying. Who wants to listen to 30 minutes of commericals every hour, the same play lists over and over etc. For 12-$15 a month Sat. radio (commercial free on most stations) is the perfect affordable alternative.
As far as quality of service. I guess I don't have a brain. Because Sirius is far superior for me. Program selection (I love the NFL not to mention 3 of the 4 major sports leagues they have over XM), no additional charges for premium services, the quality of the units (I hate the shitty XM antenas) and the hand held S50 will blow away any handheld XM product. But thats just my opinion. Time to go enjoy a cold one after todays 6% run up. Congrats siri longs. |
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Just wait until OnDemand is released for satellite radio.... it will replace all music players. |
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