I got to admit I like her hire. The Child Immigration Crisis story was interesting. I've been a critic of Marissa, but I think this was a good hire. Would still like to see more advertising, though.
You make it sound like international devlopment was easy.
Yum has executed better in China than any other USA company.
He took over around the year 2000 and the stock was split adjusted $6. Today the stock is $76. The return on my investment is around 1100%
He weathered many storms at YUM and has done a great job.
Good luck to Mr Novak. Wish I invested 10k rather than 1k
So far, nothing has translated into revenue.
A columnist watched Yahoo SNL for 1 hr and saw no ads.
Of course, in other circumstances that would suggest buying shares of Liberty as a beneficiary of the acquisition but not in this case. Now here's where Malone's penchant for complicated deals involving stock comes in.
"Liberty Media is creating a new class of stock, Liberty C, which will trade under the symbol LMCC," Cramer explained.
"The company's current shareholders will get 230 million LMCC shares via a 2 for 1 stock dividend. But more important, Liberty will exchange its 460 million of these new C-shares for the rest of Sirius-XM, with one share of Sirius being worth 0.076 shares of Liberty-C. In other words, for every 131 or so shares of Sirius you own, you'll get one share in the new class of Liberty Media's stock."
Essentially, Cramer believes buying Siruis now gets investors in on the ground floor of the new Liberty C shares.
That's desirable because Liberty Media management is forming an independent special committee to review the terms of the deal and then vote on it.
"And I think the independent committee could force Liberty to pay more for Sirius than what they're currently offering," Cramer speculated. "Not that long ago you had SiriusXM trading at $4.18 a share—that's 9% higher than where it is now—and some analysts have been saying it's worth as much #$%$ So I wouldn't be at all surprised if Liberty is forced to pay close to Sirius' recent highs."
Therefore buying Sirius now would make investors the beneficiary of a higher offer. And then after the acquisition is completed the newly formed Liberty C shares allow investors to benefit from the synergies that Cramer believes will follow.
"After the deal closes, all of your Sirius shares will become Liberty Media Class-C shares, and the SiriusXM business will represent around 70% of Liberty Media's operational value. I think Liberty will be able to do a better job of running the satellite radio biz—making it grow faster and generate massive amounts of cash," Cramer said.
Google Reuters Headline: "Nader slams Malone's 'lowball' Sirius "
I am not a fan of Nader, but he happens to be a shareholder of Sirius.....which, in this case, can help us minority owners.
If you had 300k shares you'd be ranked second largest major holder.....
THOMSON KATHERINE KOHLER 397,878
GREENSTEIN SCOTT ANDREW 266,312
Ok I answered my own question. Since I can't post url, google "largest owners of siri stock" and yahoo has a list
On siri stock page, click on major holders
One of the best writers at Seeking Alpha. Learned alot about Sirius in the process
Every morning I get this msg when checking my portfoilio pre market.
And its these little things that worry me about Marissa.
Everything they roll out is buggy and they still have not fixed this servery busy error
Alibaba to transform China's 'e-conomy' with $500 billion marketplace
By Paul Carsten
The more I read about Alibaba, the more I think they have tremendous potential to grow.
And the less I really like Marissa.
Every time yahoo makes a change, the new product is inferior and buggy.