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Sirius XM Holdings Inc. Message Board

  • mardermj mardermj Nov 23, 2004 10:53 PM Flag

    $7.50 News 4 SIRI traders:VIACOM Fines!

    for indecency, which is why Howard is leaving for Sirious pastures where he thinks he will be safe, makes SIRI look good. BUT this is not as green a signal as Mel or 800K, because the FCC will try to come after Howard and your little dog too. That makes the news a bit more cloudy, win or lose, the prospect of having a fight on ones hands is not a clean buy signal, and the eve of Thanksgiving takes a bit away from the kind of 420M day that helped traders greatly today. I don't expect more than (gasp!) 300M shares to be traded, and the end of the day may see a sell off as folks depart the area for Turkey land.

    Yes a close above six and the next week or so folks will discover that they can margin a bunch more than they could at five or four, which is an upward pressure.

    But the big announcement of 800K is over, and tho it may linger tomorrow, holding another 80 penny rally will be problematic. Be nimble tomorrow.

    We may see $7.50 for a short time before Thanksgiving. But it may not hold for long.

    At least for this trader, IMHO.

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    • ARE U THAT STUPID?

      Its not the free waves where you just flip the radio on. You subscribe and vote with your dollars so if you dont like it you dont subscribe therefore the FCC stays out of it.

      Why do you think Howard is leaving? Its because the FCC cannot pester him at SIRI.

      Have you been living in a cave?

      • 2 Replies to cave_of_the_ass_bear
      • I agree with you 100%, and in the thirty five years I have been following the market, I only talk to -- not the quality of the fight, or even the outcome--for which I agree with you one hundred percent, but just the fact the challenge may happen, however stupid that challenge may be. BECAUSE of the 420M share traders today, how many would be leaping at the shares to drive the price up 80 pennies, if some of them did live in that cave you are talking about?

        That's why I think we may see another fifty cents tomorrow, but the Holiday and the lack of fresh news may inhibit at the end of the day.

      • FCC can still regulate you jackass. You think HBO can put on a Triple XXX movie???

    • """BUT this is not as green a signal as Mel or 800K, because the FCC will try to come after Howard and your little dog too.""""

      Once again FCC doesn't have the jurisdiction, and congress can't do sh!t, simply because these are paying subs which are protected by the First Amendment, and courts have the final say, which is Sirius say what you want

      • 2 Replies to diebroke101
      • "BUT this is not as green a signal as Mel or 800K, because the FCC will try to come after Howard and your little dog too."
        --------------------------------------------------
        Once again FCC doesn't have the jurisdiction, and congress can't do sh!t, simply because these are paying subs which are protected by the First Amendment, and courts have the final say, which is Sirius say what you want.
        --------------------------------------------------
        ABSOLUTELY correct, challenges will fail. Investors will triumph eventually. BUT, I am talking to traders, who will see a fight begin the attackers cannot win, but, who don't like to see a fight regardless--it denotes risk. Investors say, invest on that dip. Traders will say, short. It is a tiny cloud, and may never rain, but another 80 penny day is where I am going here, and I don't see it in this bit of reverse engineered PR--the problems the "other guy" is having wont translate as cleanly for tomorrows action.

      • everyone talks as though Mel buying 1.5 mil shares is a big deal...

        people he was gifted 3 million shares and 30 million options.

        he bought those 1.5 million shares with your money!!!

 
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