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    • Mon Oct 27th 08:08 AM
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      Rating: 0 0
      Commented on:
      Sirius XM Nears Top of Shorts List
      To answer some questions many that sold their shares for a loss ask me how can I be so positive about this company and Mel. Well lets first start with Mel, since coming to SIRI Mel has grown subscribers from 200,000 to 8.5 million. He has cut cost by factors not fractions (and if you are fimilar with the 10-Ks then you are able to see that). He was also able to take out his only real competetion by merging with them something only a very few thought even possible. Now the company, this company now holds more spectrum then all the radio station compined. They will also be able to transport that content anywhere in the world at a very low cost considering the cost of building the infrastructure (China, India, ect.,ect.) where radio is the main stay of media.

      That said I have not seen any credible evidence that Mel is a criminal or has done anything except to keep SIRIXM alive in a very difficult time. As I have said before most companies and CEO are given a few quarters before shareholders and analyst judge how good or bad they are doing with a merger. Thats right people a few quarters, not a few months.
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    • Mon Oct 27th 07:36 AM
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      Rating: 0 0
      Commented on:
      Sirius XM Nears Top of Shorts List
      Also as for unsophisticated look at what mark2003awol is saying;

      "NEVER TRUST A COMPANY THAT SUES ITSELF!"

      He is refering to a case that never included SIRI as a matter of fact the SIRI law suit came way after this case inwhich a judge told the firm that represented Brockwell in its suit with SIRI it could not practice in its state for 5 years, because it was shown that they were going after legal fees. Something they have been doing to many different companies and not to give the companies they sued a free pass on other things. It was never shown that the other companies were in with the law firm, as a matter of fact it was because of the company being sued, is why the law firm was brought to justice, they never wanted to be sued and were as mad as anyone that the firm was doing it just to get the millions legal fees.
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    • Mon Oct 27th 07:23 AM
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      Rating: 0 0
      Commented on:
      Sirius XM Nears Top of Shorts List
      P.S. sl62, who was the only one who told you people the Feb. converts were not a problem when they first came up. Now even the analyst agree with what I told you people, although they are now moving to the credit due in May. As I said for good reason then as now they also will be delt with, matbe not on the best terms but in this market that is to be expected.
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    • Mon Oct 27th 06:59 AM
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      Rating: 0 0
      Commented on:
      Sirius XM Nears Top of Shorts List
      sl62, What in this statement is false?


      frankiec, You are correct. what you see here are people that are pissed they sold for a loss. Most hear keep saying Mel has said nothing about the refinancing. Dhaa did they miss the 10 times he discussed it. For the few who did not miss it, they are not pleased that he is just talking about it and saying he will take care of it they want action, well how much more action or confirmation do you need then Mel saying he plans on taking out the Feb. converts using COH for half and a bank loan for the rest. That while GS would like to just reconvert the old converts that is not what Mel wants to do. You cant get any clearer then that, yet many still thought and talked about back then, bankruptcy was a possibility. Then people want to piss and moan about Mel calling them unsophisticated. I for one agree with him, It was not hard for me to figure out that the Feb. converts were not a big deal way back when this crap about bankruptcy was being talked about because of the Feb. debt. Reply |Report abuse
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    • Mon Oct 27th 06:43 AM
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      Rating: 0 -1
      Commented on:
      Finally Some Good News for Sirius Shareholders
      killerkaul, as I have said before, SIRIXM is not following common logic. Anyone with half a brain could see the Feb converts were not a problem but the stock went down because of them. No offence to you guys but you ever wonder why institutions are buying the shares you are selling. You ever wonder why GS would want to reconvert their old ones for better terms. On a company that is ether going bankrupt or private. By the way as some else as said, Do you people really think these institutions are that dumb that they dont see what I do which is, even if the company gos private they will be bought out for much more then what they are at now. I personally think institutions are even more greedy then that, that they know exactly how big the spectrum that SIRIXM holds is and making 400% to 600% on their money would not be enough when they can make 80 times that in a few years. Always trust in greed killerkaul.
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    • Mon Oct 27th 06:24 AM
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      Rating: 0 0
      Commented on:
      Finally Some Good News for Sirius Shareholders
      mark2003awol, you are terrible you lie out right and expect people to believe you so I will do to you what I did to VicDave.

      You said this;

      Mel’s History
      I don’t ask anyone to believe anything. However, last week I did some online investigation of my own. A Yahoo search of Mel gave me the full story after sifting past the first 300-400 Sirius related links. Mel did build a company and cheat the stock holders once before. The situation was almost exactly the same as what we see here in Sirius today. Do your own research, or not…

      This is funny because when you first brought this up you used Infinity as your example, yet when I showed you to be wrong on this (AND GAVE THE LINK) you switch it to a different company noone knows about or is not part of the history of Mel. Mel was an adman before joinning Infinity. He was not a CEO of any other company. As a matter of fact he became the CEO of Infinity after being hired to be their adman.

      Next you said this;

      Sirius Sued It’s Self
      The Federal Judge made that summation when he issued the order to prevent the law firm from practicing in his state for 5 years. It is in the record. Please debate that one with the Federal Judge.

      Now I already told you Micheal used that as a example in the law suit against SIRI as to who the law firm that now represented Brockwell and how they file frivolous law suits to get legal fees. I find it funny how a judge would involve SIRI when that case happen way before the suit with SIRI even came up. Was this judge claravoyent? The fact is the judge never mentions SIRI in that case.

      Now finally if you want to bash management that is fine I dont have a problem with that. I myself think Mel should be out there giving more information and talking up the company. That said I also think it has only been a few months since the merger and there have been difficult things Mel is has and still is dealing with. Most companies that merge are given a few quarters before being judged on how well they are dealing with the merger not a few months.
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    • Sun Oct 26th 11:43 AM
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      Rating: 0 0
      Commented on:
      Sirius XM Nears Top of Shorts List
      2859881 changed to dayworker, that comment above was for you.
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    • Sun Oct 26th 11:37 AM
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      Rating: 0 0
      Commented on:
      Sirius XM Nears Top of Shorts List
      2859881, let me tell you where a big piece of it gos, to the OEMS. Just for the subsidies it will cost them 600 million this year for 6 million cars that will have satellite radio put in them.
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    • Sun Oct 26th 11:33 AM
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      Rating: 0 0
      Commented on:
      Sirius XM Nears Top of Shorts List
      frankiec, You are correct. what you see here are people that are pissed they sold for a loss. Most hear keep saying Mel has said nothing about the refinancing. Dhaa did they miss the 10 times he discussed it. For the few who did not miss it, they are not pleased that he is just talking about it and saying he will take care of it they want action, well how much more action or confirmation do you need then Mel saying he plans on taking out the Feb. converts using COH for half and a bank loan for the rest. That while GS would like to just reconvert the old converts that is not what Mel wants to do. You cant get any clearer then that, yet many still thought and talked about back then, bankruptcy was a possibility. Then people want to piss and moan about Mel calling them unsophisticated. I for one agree with him, It was not hard for me to figure out that the Feb. converts were not a big deal way back when this crap about bankruptcy was being talked about because of the Feb. debt.
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    • Sun Oct 26th 05:33 AM
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      Rating: 0 -1
      Commented on:
      Finally Some Good News for Sirius Shareholders
      mark2003awol, Like I said what happen to the interoperable radio Micheal was so convinced they already had and only needed a firmware update. Yes thats right another of Micheals conspiracy theories found to be totally false.
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    • Sun Oct 26th 05:17 AM
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      Rating: 0 -1
      Commented on:
      Finally Some Good News for Sirius Shareholders
      mark2003awol, First of all were is the proof SIRI tried to sue itself!!!!!!!!!! thats right you have none except for what Micheal H. tells you it is, which is based totally on conjecture/conspiracy theories. Now as for the whole Mel unpublished history fantisy you are putting out or should I say Micheal is. "homer" Has already confronted that to show Micheal to be totally wrong. What does Micheal do when "homer" tells the truth not disspell it but attacks homer. Not what homer has said mind you, just homer. I suggest you go to Sirius Buzz and check it out, it is really funny when Michael is confronted by the facts.

      For those who want to see facts and not rumor about how Mel screwed shareholders go here:
      siriusbuzz.com/forum/s...

      It shows the facts that Mel never scewed shareholders.
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    • Sun Oct 26th 02:33 AM
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      Rating: 0 -1
      Commented on:
      Finally Some Good News for Sirius Shareholders
      Well This Might Be SIRIUS?, I am positive because I am a realist. I use common sense. Common sense does not explain the PPS being were it is except for the fact many believe the crap that has come out and sell. I cant believe they have continued to pass over the many times Mel has spoken on the financing issue, but will believe GS who has been wrong on every fundamental except the PPS it did get top the PPS that GS said it would but not for most of the reasons GS gave they have consistantly been wrong on the SAC, net sub numbers and ARPU, to the down side when they are right on the ARPU being lower then what they said it was because they were way off on the OEM numbers of subs. People believe GS and they have the most to gain by bringing the PPS down. they want as I have said before to reconvert the old converts in Feb. for better terms, Mel has stated that is not what he wants. GS is tring to get the PPS down so it makes it harder for SIRIXM to get the financing elsewere and then are forced to reconvert with them, homer has also talked about this before.
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    • Sun Oct 26th 02:09 AM
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      Rating: 0 -1
      Commented on:
      Finally Some Good News for Sirius Shareholders
      P.S. the judge told the law firm it could not practice in their state for 5 years. It also had nothing to do with SIRI. it had to do with the filing of a frivolous law suit just to get legal fees. Which by the way was a example used by Michael H. to show how this firm works as a example to the suit with SIRI. The firm could careless about the shareholders they cared about the millions in fees they could get. I also thanked Micheal H. for doing what he could to stop it but because it would have cost the SIRI millions in legal fees for no reason but said the rest of his conspiracy about it was off base. The common sense of it was that Mel would have alot more to lose then gain to try and do what Micheal H. was talking about. By the way were is the interoperable radio that should have been out already if what Michael H. said was true then they already had one and should have been ready already. I will tell you the same thing I told him the DOJ had all the internal documents and also said the same thing that a interoperable radio was at least a year out and 3 years from being in the OEMs, not that they already had the capability and could just be turn on with a firm ware update, as Micheal H. had said and was so convinces was true.
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    • Sun Oct 26th 01:54 AM
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      Rating: 0 -1
      Commented on:
      Finally Some Good News for Sirius Shareholders
      mark2003awol, You just confirm My point about conjecture/conspiracy. I know about that law suit it was brought by Brockwell, who has sued many other companies. Now while it was obvious that he was a professional plantiff, it was also obvious that he worked for the law firms that sued many different companies to get the millions in legal fees. That law suit was on that issue because it was open to opinion, not provable but would cost much more to do so and would be settled which is what the law firm is looking for.
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    • Sun Oct 26th 01:17 AM
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      Rating: 0 -1
      Commented on:
      Finally Some Good News for Sirius Shareholders
      You people amaze me. Mel has told you all several times how he has planed on taking care of the 2009 debt. Now while the details are less as the time of the debt is longer away (which is understandable, things change), Mel has discussed it all. He was very specific about taking care of Feb. converts long ago. What did we hear from analyst, reporters, and bashers here though, "Bankruptcy is in the cards", "It will be hard for SIRIXM to take out the Feb. converts" and so on. Now even the the reporters and analyst are saying what I have siad a 1000 times before, Feb converts are not a problem. Now however they are moving on to the May credit that needs to be extented. I will also say this again They already have the money they need, they only need to get extentions. Many of the people involved in the may credit are involved in the company and have a vested interest in it, that gos beyond the credit facilities. As an example who here would think GM would not extend there credit to SIRIXM when they get at least 60 million and growing a year from SIRIXM in revenue sharing agreements. Do you people get the point. If not lets just take it another way the investors in the credit due in May know they cant get that from SIRIXM then and if they have any chance in getting full payment they are going to have to wait a little longer. By the way once again SIRIXM has never missed one payment to any of them. I WILL SAY IT AGAIN THEY DO NOT NEED ANYMORE MONEY, JUST AN EXTENTION ON THE MONEY THEY ALREADY HAVE. MONEY BY THE WAY CREDITORS WILL NOT GET BACK UNLESS THE EXTENTION IS GIVEN.

      Now as to why the stock is down to this PPS, I have no clue. As I have expalned, it should not have dropped because of the Bad financing to do the merger because as several others like homer and I have said and have been finally proven right (to late though because the damage was done) it was not really dilutive, or Feb. converts being a issue at all but it did. Mel has said all he needed to for intelligent people to figure out all this, hell I am not that intelligent and I did.


      I will also go into the 4th quarter FCF which will be big, it is also another reason I dont think BK is a reasonable issue. SIRIXM has over 400 million in cash on hand right now. Even if you are conservative on this 4th Q FCF positive you still come up with 200 million, that gives them 600 million to play with in 2009.


      Now I may look like a fool here if SIRIXM gos bankrupt but I would have lost 140,000 dollars and really would not care about what you people think anyway. But the flip side is also true if I am correct, you people that flip your opinions on this faster then a pancake, are wrong you will have lost because of one simply thing, you were dumb and could not see the facts and believed rumors instead. As a example look at how you used to think Mike H. was a nut ball and how he used conspiracy and conjecture to form his opinion. That my friends has not changed.
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