You have Deutsche Bank at $4.10 and Merrill Lynch at $5.
That works out to ~5 billion difference.
One group of banker crooks caters to coke heads.
The other has legitimate clients with diverse portfolios and top notch asset management.
Deutsche should be embarrassed.
What the fork do those beancounters do all day, jurgoff to Bruce Jenner?
They won't have to, neither will SiriusXM. Copyright law is federal and so this case stands no chance. I wonder which big bank short SIRI contacted the Turtles for this frivolous angle. They stay pretty busy that's for sure. If it's not the Turtles costing music companies BILLIONS then it's some obscure country like Portugal whose economy is going to TANK ALL THE MARKETS and send the world into GLOBAL DEPRESSION.
I enjoy the movie and the bashers here are just part of the freak show.
The kind of moron who lies about covering because he's underwater, that's what kind.
Yesterday Greyhound and Ohno wanted you to commit suicide so they wouldn't feel like they have to. But they do.
"Next year's recession" wreaks of screwball politics and WS fearmongering. Such a small minded man. Shares that in common with greyhound. Are they related? hmmm, check for missing front teeth.
Sirius XM's market cap was neck-and-neck with Netflix before the most recent earnings sent Netflix shares up 35 percent, and yet it trades at one-third the price-to-earnings ratio of the Internet streaming company and 14 times estimated 2015 EBITDA, versus Netflix trading at 85 times its 2014 EBITDA (Netflix doesn't provide EBITDA guidance). Those aren't the only points of comparison between the two in which Sirius comes out looking favorable.
"Sirius generates a lot of its own content, but unlike Netflix, they don't pay a lot for it," Tinker said. Other than Stern, "these guys work in 3-foot by 3-foot cubicles, and that's a channel,'' he joked.
There's one stat where Sirius doesn't come out ahead: It's the most shorted stock on the Nasdaq. On a percentage basis, though, Netflix short bets represent 12 percent of its float (the shares that trade openly on the exchange), while for Sirius, the shorts are only 6 percent of its float.
During the first quarter, the company repurchased 144 million shares for $534 million.
SiriusXM has retired 22% of outstanding shares in the past 2 years.
It's amazing it moved laterally when they repurchased half billion in one quarter. That shows you how the big lenders shorting are able to break even. Cover without the next guy in line having to cover higher.
That can't feel too good for the big banks lending out short shares. They needed to stage a selloff desperately so they purposely gave their "consensus" estimate above the real numbers. They knew. They needed some relief. Expect a slow trickle of steady covering at levels that make their trapped clients ever-more furious.
Please excuse him and dismiss his delusions.
Have a great day everybody and good luck!
This is true.
There is only one way to interpret existing copyright laws. They are federal. I swear SiriusXM could get by with law school flunkies. But the big banks out to steal everyone's money have their media and they can spread nonsense. Good for them.
Look the short portfolios continue to lose money as they cover, they're just doing it slowly over time with retail shares. Buybacks are using those same retail shares slowly over time. This is going to become a strong stock once the parasites are extricated.
Is because they haven't covered their short position and realized their loss. That's why they're here everyday 24-7. Ohno and greyhound you continue to chase money you already lost. You lost. You're losers. No faking. I've been here long enough to know, you guys are pretty dumb.