Sirius Satellite Stock

HappyHarry said: "It's had a huge run up. What do you say now? Time to hold or are you going long?"

chahinemm said: "im holding till the 10 to 12 range and will sell with 1900% profit :D but too bad i only make some out of t... i manage another portfolio... therefore i don't make much money out of my successfull trades until i get more capital through job or business or something of the sort to attempt to go on my own.. on this account i have a tight stop loss of 12% for it seems to work well for me... chahine"

WellsTrader said: "CNBC has been talking ALOT about sirus satellite stock today. That thing they are doing with Microsoft for satellite tv in cars has got ALOT of attention."

HappyHarry said: "The contract for Howard Stern is scary. Can they really be planning on paying him [B]$500 million? [/B] That would break almost any company, including one that has no positive cash flow yet."

chahinemm said: "[QUOTE=HappyHarry]The contract for Howard Stern is scary. Can they really be planning on paying him [B]$500 million? [/B] That would break almost any company, including one that has no positive cash flow yet.[/QUOTE] the question i would say is how much could they be able to generate with howard stern would it be = to 500$M or > 500M$ if so only time i think can tell us that. chahine"

AlfredSokol said: "They charge what, $20 for the service? They need at least 30 or 40 million people to really make big money. I wonder if they can do it."

bobjitsu said: "[QUOTE=AlfredSokol]They charge what, $20 for the service? They need at least 30 or 40 million people to really make big money. I wonder if they can do it.[/QUOTE] Remember they charge $100+ for the hardware too. They are gonna do just fine."

HappyHarry said: "How much does it cost to maintain satellites? Once they shoot them up there, what happens next?"

bobjitsu said: "[QUOTE=HappyHarry]How much does it cost to maintain satellites? Once they shoot them up there, what happens next?[/QUOTE] Aliens take care of them I think. :D Seriously, I don't think they need any maintenence but probably get replaced every decade or so I'd imagine....would be neat to know though."

Darren said: "you're out $50 million bucks if you lose a satellite!"

Heather said: "Ford has signed an agreement to start installing SIRI as factory starting in 2006. I also wonder how long it will be before they start offering Satellite Television? It stands to reason if you are already up in the sky, you are going to try to gain a marketshare in other related services. Everyone hates commercials. If the monthly subscriptions are figured in to the monthly payment, I'll bet a lot of consumers will bite."

Darren said: "2006? [b] i need profits now![/b]"

Heather said: "Chahine has gotten some profits off of this one. But will it go the way of 8 tracks in cars?"

chahinemm said: "i personally see still some potential in this stock but since its not my stock account i have to report to the owner and :( take profit. fairly big but have to :( :( well i hope to see another opportunity to knock at my door again. chahine"

misterjover said: "SIRI has outwitted me far too many times. When I was almost certain it would hit 10, it capped at 9.3 and never took off since then. Too much dilution, too much sideway trading, and not enough upward mobility are attributes of this stock that have made me a disbeliever. Nowadays, the only traders profiting from this pig are scalpers."

AlfredSokol said: "I think the stock will keep moving up because of public sentiment, however, I think the company has really bad spending habits, and is still way behind XM in penetration."

misterjover said: "[QUOTE=AlfredSokol]I think the stock will keep moving up because of public sentiment, however, I think the company has really bad spending habits, and is still way behind XM in penetration.[/QUOTE] This company has been hemorraging money like a crack-addict who won the lottery. XM is not far behind by the way. I just hope that we see some positive EPS within this year."

bobjitsu said: "[QUOTE=AlfredSokol]I think the stock will keep moving up because of public sentiment, however, I think the company has really bad spending habits, and is still way behind XM in penetration.[/QUOTE] ....but XM is about to lose ground to SIRI because of the recent buying spree SIRI went on. Howard, NFL, NBA, NHL, the NRA channel.....and more and more and more.....radio is about listening and SIRI has signed all the big acts."

AlfredSokol said: "Fiscal conservatism might be good in the satellite business. Howard Stern cannot be worth [B]$500,000,000 [/B] can he?"

bobjitsu said: "[QUOTE=AlfredSokol]Fiscal conservatism might be good in the satellite business. Howard Stern cannot be worth [B]$500,000,000 [/B] can he?[/QUOTE] Personally don't and won't listen to himself anymore but he does have millions and millions of fans that are buying units for thier home and car to listen to him, he has been given 3 channels total to do what he wants...he will hire some interesting people for sure."

Heather said: "True enough. My question is, how are they paying for all of this? All of these contracts require a lot of money to pen a deal. If they aren't deriving any revenues from advertising where will it come from?"

HappyHarry said: "[url=http://finance.yahoo.com/q/is?s=SIRI&annual]$314 million lost in the last 3 months[/url] [B][I]Losing $100,000,000 million per month and spending like Roman Emperors. [/I][/B]"

Piper said: "big drop today. Think $6.5 is a good entry, or is it going down further?"

AlfredSokol said: "Be patient. It could still drop."

Siriusly disapointed said: "I see losses in the future for Sirius and if the other guys handle customers like Sirius does I see the fall of Satellite radio all together. Tonight I cancelled my subscription with Sirius, but only after a lot of arguing with the company and calling back to another rep. The first rep told me that I was on an automatic renewal subscription (which I thought was illegal) and canceling before my year was up (in 4 days) would net me a HUGE cancellation fee. I personally do not like the service. I bought a year subscription and regretted it quickly. The only saving grace I found for the service was that the song title and artist were displayed on the screen. I find that the Apple IPOD is a cheaper service (even though the 18 month non-replaceable battery will cost you to purchase a new IPOD, as I have been told), and you get to listen the music YOU want to instead of just the genera. I stopped using my Sirius about four months into the contract and just waited for the contract to lapse. The only reason I had to call the company was because my bank account (credit card) was charged a $1 account check (meaning that they were confirming the card account still active so they could charge my 2nd unwanted subscription). I called the company and got the afore mentioned story from the rep. I hung up the phone and called back and got a representative that was remotely helpful and she cancelled the subscription and advised that I would not receive a refund for any remaining days on the contract (even their website and contracts state so). I have not been charged anything else as of yet, but I am expecting it. After (and if) I get charged for an unwanted subscription I am planning to contact a class action Attorney and look for others who have been wronged by this company. If any of you are Attorneys and you handle class action on contingency reply to me as so."

Piper said: "Siriusly.... :rolleyes:"

Siriusly disapointed said: "more like Seriously. I am disintrested with the service and only got it to keep up with the "Jonses"."

misterjover said: "This firm loses more money than a battalion of gambling heroin addicts. I'm sure that it won't be too hard to find a good class-action lawyer who wouldn't mind suing the pants off SIRI."

scl789 said: "[QUOTE=Siriusly disapointed]I see losses in the future for Sirius and if the other guys handle customers like Sirius does I see the fall of Satellite radio all together. Tonight I cancelled my subscription with Sirius, but only after a lot of arguing with the company and calling back to another rep. The first rep told me that I was on an automatic renewal subscription (which I thought was illegal) and canceling before my year was up (in 4 days) would net me a HUGE cancellation fee. I personally do not like the service. I bought a year subscription and regretted it quickly. The only saving grace I found for the service was that the song title and artist were displayed on the screen. I find that the Apple IPOD is a cheaper service (even though the 18 month non-replaceable battery will cost you to purchase a new IPOD, as I have been told), and you get to listen the music YOU want to instead of just the genera. I stopped using my Sirius about four months into the contract and just waited for the contract to lapse. The only reason I had to call the company was because my bank account (credit card) was charged a $1 account check (meaning that they were confirming the card account still active so they could charge my 2nd unwanted subscription). I called the company and got the afore mentioned story from the rep. I hung up the phone and called back and got a representative that was remotely helpful and she cancelled the subscription and advised that I would not receive a refund for any remaining days on the contract (even their website and contracts state so). I have not been charged anything else as of yet, but I am expecting it. After (and if) I get charged for an unwanted subscription I am planning to contact a class action Attorney and look for others who have been wronged by this company. If any of you are Attorneys and you handle class action on contingency reply to me as so.[/QUOTE] ??? What dident you like about the service??? I got it about 6 months ago now and its one of the best things i think ive ever bought. regular radio BLOWS and it sucks downloading mp3s burning them or putting them on some sort of mp3 player. since ive had it i have not even listened to cd's or anything im not sure how you can hate sirius the music is awesome on there...."

HappyHarry said: "Almost all products are bound to have good and bad points. I think there's a lot of people who won't ever pay for radio, me being one of them. I listen to CDs or regular radio and it's good enough for me."

scl789 said: "[QUOTE=HappyHarry]Almost all products are bound to have good and bad points. I think there's a lot of people who won't ever pay for radio, me being one of them. I listen to CDs or regular radio and it's good enough for me.[/QUOTE] thats the point i was in about a year ago untill i got a new job selling car audio and home audio and once i listened to sat radio there was no way in hell i was going back. I know there will be some people that will refuse to go over because it is pay and they think they can get the same satisfaction out of a cd or a mp3 but for me after listining for a month i was hooked and never looked back."

Heather said: "Sounds like you had some stellar customer service. That is why you have to sign contracts. That way you're roped in."

bobjitsu said: "[QUOTE=HappyHarry]Almost all products are bound to have good and bad points. I think there's a lot of people who won't ever pay for radio, me being one of them. I listen to CDs or regular radio and it's good enough for me.[/QUOTE] Everyone was saying that when cable TV came out...now try and find a home without it. :)"

Firefighter said: "Why is SIRI falling lately? You think it is consolidating?"

paralegal said: "I was given a siri system for my anniversary. My husband bought it for me because he had heard me discuss purchasing the stock. So foar I am highly dissapointed. I have to put my antenna receiver thingy out the window to get a signal, and then for no apparent reason, in mid son, the signal is lost. I haven't even installed the car portion of my system yet, as the installation instructions are so vague it is pathetic and when I called customer service, they had no idea how to help or answer my question. And by the way, I work for an attorney. He handles class actions. What state are you from?"

HappyHarry said: "Ouch. Bad customer service cannot be good for a young company."

scl789 said: "[QUOTE=paralegal]I was given a siri system for my anniversary. My husband bought it for me because he had heard me discuss purchasing the stock. So foar I am highly dissapointed. I have to put my antenna receiver thingy out the window to get a signal, and then for no apparent reason, in mid son, the signal is lost. I haven't even installed the car portion of my system yet, as the installation instructions are so vague it is pathetic and when I called customer service, they had no idea how to help or answer my question. And by the way, I work for an attorney. He handles class actions. What state are you from?[/QUOTE] ok for the car stuff your gonna need it professionaly installed. And as for the home stuff you have to understand what it is it is satalite radio. So it needs a clear view of the sky to work so just move it around some where untill you get good signol. Its not like regular radio where it can go through anythign it needs a clear view just like dish and directv. if you really need help with it i can help you out."

ElectroEric said: "[QUOTE=HappyHarry][url=http://finance.yahoo.com/q/is?s=SIRI&annual]$314 million lost in the last 3 months[/url] [B][I]Losing $100,000,000 million per month and spending like Roman Emperors. [/I][/B][/QUOTE] How exactly did you get that number?"

NickRac said: "I love this stock - I'm pumping some $$ into it in a few weeks, I feel like it's still on the downward trend"

Avernus said: "[QUOTE=HappyHarry]Almost all products are bound to have good and bad points. I think there's a lot of people who won't ever pay for radio, me being one of them. I listen to CDs or regular radio and it's good enough for me.[/QUOTE] true...but I think they'll start including their product with other services as a perk.... also...I still think they are setting themselves up for being bought... they have worked up alot of interest with NFL network on radio along with Stern as well which will have a strong following whether it be short or long term... but I won't touch this stock for another 6 months at least probably..."

HappyHarry said: "[QUOTE=ElectroEric]How exactly did you get that number?[/QUOTE] Wow, let me go look it up from February of last year. LOL"

Avernus said: "I didn't even realize this thread was that old..."

ElectroEric said: "[QUOTE=Avernus]I didn't even realize this thread was that old...[/QUOTE] me neither. sorry LOL"

n2h20 said: "so do you all think it will go up? i see its around 5.67 today [url]http://finance.yahoo.com/q?s=SIRI&d=t[/url] I was thinking once the bugs get worked with all there "new acts" things should do pretty well."

drsuck said: "[QUOTE=n2h20]so do you all think it will go up? i see its around 5.67 today [url]http://finance.yahoo.com/q?s=SIRI&d=t[/url] I was thinking once the bugs get worked with all there "new acts" things should do pretty well.[/QUOTE] This company (SIRI)... with or without Howard Stern is posed to fail. There spending habits are out of this world. Unless you like giving to charities DO NOT BUY THIS STOCK. SIRI was planning on getting big reviews and more subscribers because of Howard Stern... did they? NO. Look at the companies website. I feel bad for the people who invested in this stock. Dr. Stock"

Avernus said: "[QUOTE=drstock]This company (SIRI)... with or without Howard Stern is posed to fail. There spending habits are out of this world. Unless you like giving to charities DO NOT BUY THIS STOCK. SIRI was planning on getting big reviews and more subscribers because of Howard Stern... did they? NO. Look at the companies website. I feel bad for the people who invested in this stock. Dr. Stock[/QUOTE] yeah, I found out that people were illegally re-broadcasting Stern's show.. but as I said previously...I think they are setting themselves to be bought out by something bigger.... good thing I waited to make any sort of move...my move point was going to be between June-August... right now this stock is nothing more than a dog.."

wildmandan32 said: "let me just put it to you this way. I now have a sign over my computer with the rule. DO NOT TURN A TRADE INTO A INVESTMENT! There is money to be made...lots of money...buying stocks that are popular and trading quantity, pick them up on a dip, sell them on the bounce. Everytime I get excited about one and sit on it ... BAM There goes my profit."

thezster said: "This is what separates a speculator from an investor. Both types of traders have their theories and methods that work for them. I tend to be on your side of the fence..... and hate to hold "anything" for more than 48 hours.... Even a dog can be profitable - if you buy/sell on consumer sentiment rather than company performance....."

Avernus said: "[QUOTE=wildmandan32]let me just put it to you this way. I now have a sign over my computer with the rule. DO NOT TURN A TRADE INTO A INVESTMENT! There is money to be made...lots of money...buying stocks that are popular and trading quantity, pick them up on a dip, sell them on the bounce. Everytime I get excited about one and sit on it ... BAM There goes my profit.[/QUOTE] exactly...I even run an investopedia account as a game to sharpen up on the side... and the only ones that I have sat on for awhile and had it pay off was IDNX and RHAT.....the rest went down... I only did this as I forgot about the account..."

mordecai8614 said: "A month ago I thought 6.50 would be a great price to get in, especially with all the howard stern hype. 2 weeks ago my father was talking to me about buying Sirius, I told him 6.00 would be a great price to get in. Today, I'm thinking 5.50 is coming up in the next week or so, and that will be hard to resist. I could never buy into sirius, too long term. For those who want to hold a stock for a year, this is the time to get into sirius...but I said that last month and 2 weeks ago.... At any rate, wasn't Howard Stern suppose to help Sirius? And wasn't this stock expected to sky-rocket?"

drsuck said: "[QUOTE=mordecai8614]A month ago I thought 6.50 would be a great price to get in, especially with all the howard stern hype. 2 weeks ago my father was talking to me about buying Sirius, I told him 6.00 would be a great price to get in. Today, I'm thinking 5.50 is coming up in the next week or so, and that will be hard to resist. I could never buy into sirius, too long term. For those who want to hold a stock for a year, this is the time to get into sirius...but I said that last month and 2 weeks ago.... At any rate, wasn't Howard Stern suppose to help Sirius? And wasn't this stock expected to sky-rocket?[/QUOTE] That is correct... Howard Stern was "supposed to" help Sirius BUT unfortunately that was only out of the mouths of SIRIUS and Howard Stern (because he wants his $$). The reason SIRIUS isnt doing so well is because they are spending money like crazy and not earning enough. It is okay for Google to spend money on expanding but SIRIUS is not doing that. The only customers they are getting are ages 65+ and that is when they buy new cars they get suckered into buying the shitty service... now thoughs customers dont get anything extra and soon die... ie: no more customer. This stock will hit $5.20 shortly... maybe I will buy... NOT :D Dr. Stock"

wildmandan32 said: "I have to say I love the service and use it daily, I hate the stock right now, I have made a TON of money on SIRI months ago but again it reminded me Not To Turn a Trade Into A Investment. I don't like how this co. is being managed...but I sure like Raw Dog Comedy, and being able to drive coast to coast listening to the same channels, provided I am not in a tunnel."

mordecai8614 said: "My parents have XM in their car. So while I can't peronsally critique Sirius, I know XM is nothing special. I can see why people like the variety and no commercials, but I know it's not for me. Even with the huge variety of music, XM does not have a single music station I like. The comedy is good, but like I said, it's my parents car, and I really do not want the awkwardness of listening to it with my parents. I would still much rather listen to my own CD's."

dlee said: "Do you think it will ever come up again past this point? If so, when? If not, why not?"

Moretzdl said: "with the news that now their software and radio programs are being pirated the price will go down.....i personally dont like this stock and would sell while your a head and or wait it out and maybe just maybe it might go up after they realize they need to stop spending all this damn money.....its up to you though"

Avernus said: "[QUOTE=mordecai8614]A month ago I thought 6.50 would be a great price to get in, especially with all the howard stern hype. 2 weeks ago my father was talking to me about buying Sirius, I told him 6.00 would be a great price to get in. Today, I'm thinking 5.50 is coming up in the next week or so, and that will be hard to resist. I could never buy into sirius, too long term. For those who want to hold a stock for a year, this is the time to get into sirius...but I said that last month and 2 weeks ago.... At any rate, wasn't Howard Stern suppose to help Sirius? And wasn't this stock expected to sky-rocket?[/QUOTE] he'll start helping when people stop bootlegging his show and sign up.... instead he's another liability...another bill they have to pay..."

wildmandan32 said: "I think there is money to be made with this stock playing the swings and that's how I would trade it myself"

drsuck said: "Like I said yesterday Sirius Satellite Radio (SIRI) will hit $5.20 a share soon. Todays low so far is $5.28 a share. Keep your eye on this stock for a hit of $5.20! Dr. Stock"

midland4206 said: "Patience on this stock. Buy now and hold. I will be laughing at you in 5 years when its 20 a share. Have you even heard the product? Profits will come, maybe not soon enough for you, but they will come."