I cannot decide which topic to write about today. There are so many things going on, yet none would warrant an article on any one topic. So I’ll do both. Zack’s Research upgraded SIRI today to OUTPERFORM from neutral. I’d feel better about the upgrade if it made sense. The upgrade appears to center entirely on the launch of the Sirius XM LYNX. I’m not sure
–Lynx stores up to 200 hours of satellite radio programming for later playback –Replay 5 hours of SiriusXM Internet Radio programming, start shows from the beginning and pause, skip forward and rewind previously broadcast content –Enjoy SiriusXM streamed to Bluetooth® stereo speakers, headphones, vehicle stereo systems or the Lynx LH1 Home Kit –Allows future functionality and feature updates via Wi-Fi® –Lynx now for sale at
With just a half hour left in the trading day, SIRI call options are again in high demand. There is a slight difference today in that the expiration dates are being pushed further out. The Jan 2012 2.00 calls have been in play, yet today we are seein March & June 2012 calls outpacing the Jan LEAPS. There have been 19,186 call options traded vs. just 130
I’ve been writing about the surge in SIRI Call option activity for a few weeks now. Suddenly, the rest of world is beginning to notice after another heavy day of call buying occurred Wednesday. The world at large remains in the dark however, because we know something that they do not. We have an advantage, and that advantage is evident in the form of reported
I have failed you all. For that I am truly sorry. I fell into a trap because of my overblown ego, and in so doing have become part of the problem. I have maintained a mantra here for a very long time that focused on the EBITDA valuation and Free Cash flow growth as the basis for my bullish position on Sirius XM Radio. Lately,
The headline reads: “SEC Charges Securities Trader with Cross-Border Fraudulent Interpositioning Scheme” The first paragragh reads: “Washington, D.C., Dec. 23, 2011 — The Securities and Exchange Commission today charged a former securities trader at a San Diego-based brokerage firm with orchestrating an illegal trading scheme.” I’m sure you’re as glad as I am to know, that the watchdog agency charged with protecting your hard earned money
Go to minute 6 http://video.foxbusiness.com/v/1348282866001/the-new-year-in-politics/
I received a letter from Sirius XM CEO Mel Karmazin this weekend regarding the nominal price hike that will take effect on January 1, 2012. As a reminder, anyone can lock in the current lower rate through December 31, simply by subscribing or extending the plan they currently enjoy. If you received a Satellite Radio this Holiday season, activating the subscription prior to January 1, 2011 can save you some
The self-proclaimed Duke of all things SIRI must be in absolute shock this morning, after pounding the table for two weeks about the importance of the independent research analysts that weigh in on Sirius XM Radio as part of the Jaywalk Consensus report. The Jaywalk Consensus was updated this morning, with one analyst moving from hold to buy, and two moving from hold to strong buy. “The Duke” as he is
In the never-ending saga that I’ve been drawn into recently, regarding expectations of Sirius XM’s fourth quarter net subscriber potential based on auto sales and production, I am once again forced into confrontation. One of the issues stems from a preferred comparison to either year over year numbers, or comparisons made to the second quarter of this year. I prefer year over year rather than