Bababooie
Loading...
Symbols:
Loading...
Symbols:
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Trading Center
- Free E-Newsletters
- About Seeking Alpha
- About Us
- Contact Us
- What's New
- Readers Feedback
- Advertise With Us
- Contributors
- Contribute an Article
- Feature Your Book
- Our Contributors
- Anonymous Contributions
- Dispute an Article?
- Legal
- Terms of Use
- Privacy
- Copyright
Latest Comments136 Comments
Auto Sales: Good News on the Horizon?
The % Gain/Loss was calculated.
We still have a bumpy ride (slow growth) from 2008. But after a 27% drop, a gain is ALMOST inevitible.
year sales in thousands %G/L from prior year
1963 8,990 N/A
1964 9,494 5.61%
1965 10,885 14.65%
1966 10,664 -2.03%
1967 9,882 -7.33%
1968 11,487 16.24%
1969 11,552 0.57%
1970 10,211 -11.61%
1971 12,338 20.83%
1972 13,569 9.98%
1973 14,572 7.39%
1974 11,541 -20.80%
1975 11,103 -3.80%
1976 13,291 19.71%
1977 14,859 11.80%
1978 15,423 3.80%
1979 14,153 -8.23%
1980 11,444 -19.14%
1981 10,778 -5.82%
1982 10,538 -2.23%
1983 12,312 16.83%
1984 14,483 17.63%
1985 15,725 8.58%
1986 16,323 3.80%
1987 15,193 -6.92%
1988 15,792 3.94%
1989 14,845 -6.00%
1990 14,149 -4.69%
1991 12,550 -11.30%
1992 13,117 4.52%
1993 14,199 8.25%
1994 15,411 8.54%
1995 15,116 -1.91%
1996 15,456 2.25%
1997 15,498 0.27%
1998 15,967 3.03%
1999 17,415 9.07%
2000 17,812 2.28%
2001 17,472 -1.91%
2002 17,139 -1.91%
2003 16,967 -1.00%
2004 17,299 1.96%
2005 17,444 0.84%
2006 17,049 -2.26%
2007 16,460 -3.45%
and my projection for 2008
2008 12,000 -27.10%
Barrington Stays Positive on Sirius
Saving the Auto Industry: The Gush-Up Proposal
The problem is not with the vehicles, it is the workers. The Bail-out should have exacting details for spending. The information available indicates that Cerebrus can infuse enough money into Chrysler to keep them going for well over a year and a half. GM does not have adequate funds to last a year. The economic impact of GM going belly-up reaches beyond the direct employees of GM. Suppliers, Dealerships, and small businesses around these connected businesses would be severly impacted. People will be let go either way. The failure of GM will happen first due to the greater economic requirement, leaving an open market for Chrysler to thrive. This scenario gives the private investor Cerebrus the upper hand. I would rather see the people being let go become part of a training program to encourage personal growth. Don't give the funds to GM or Chrysler (Cerebrus). Instead, form a company to take on the workers pension responsibilities. This would be done in exchange for Stock in GM-Chrysler.
In 2010 GM will no longer be responsible for UAW Health care for retirees. This is due to a three year plan to offload this burdon to the UAW with contributions from GM. After 2010 GM will have adequate funds to develop new products and maybe hire back some of the newly trained people.
Recycle People. . . . .Not Cars!!!
Stifel Lowers Sirius Estimates on Weak Auto Sales
Remember our last tally was 1.1B - .0305B = 1.0695B
Todays numbers are - .0195B = 1.0500B
Last time we tallied, the statement was issues by Siri.
"We may engage in additional exchanges in respect of our
outstanding indebtedness if and as favorable opportunities arise."
I guess a favorable opportunity arose!
If you take away the .425B estimated savings our new number would be 1.05B - .425B = .625B.
Another day, Another 19.5Million dollars.
This has been a public service announcement by the Big Blue Dog!
Is Wienkes Hobbling Sirius XM?
Remember our last tally was 1.1B - .0305B = 1.0695B
Todays numbers are - .0195B = 1.0500B
Last time we tallied, the statement was issues by Siri.
"We may engage in additional exchanges in respect of our
outstanding indebtedness if and as favorable opportunities arise."
I guess a favorable opportunity arose!
If you take away the .425B estimated savings our new number would be 1.05B - .425B = .625B.
Another day, Another 19.5Million dollars.
This has been a public service announcement by the Big Blue Dog!
Is Wienkes Hobbling Sirius XM?
GM and Chrysler: Nearing an Agreement?
Is Wienkes Hobbling Sirius XM?
Karmazin Video Provides Some Sirius Answers
Looking at the Auto industry numbers (10.7M currently), a 12M goal is obtainable. Provided that Mel's numbers for % of cars with SiriusXM is correct, the numbers should be positive. Investors have been shorting the Auto stocks as well... but another article has pointed out that they are in decline.
Karmazin Video Provides Some Sirius Answers
This just message has just been declassified from a message that we intercepted on the other side. It appears that the General has had to let some of his troops go, due to lack of funds!!!
Troops...
A limited number of pants will be dropped by Air on the 27th.. So you better cover your shorts with the available drop.
General Sachs (GS) & Major Stanley (MS)
Short Covering in Auto Stocks
Karmazin Video Provides Some Sirius Answers
1.3M to meet target (that would require 470K sales average)
September results came back with 970K
Historically June & July have been worst!
I think the analysts are agreeing with Mel's EBDTIA numbers. Another Alpha article (seekingalpha.com/artic...) points out that the Auto shorters are backing off. Since this stock is tightly tied to the Auto industry, the turn around should follow.
Karmazin Video Provides Some Sirius Answers
Autism is a very real problem. My nephew has autism and at times does not recognise between socially accepted and not accepted behaviour. Mel's motives, good or bad, does not diminish the probems facing these people. The movie "Rainman" was a watered down version of what the real with Autism is all about. Autistic children can get fixated on one thing for lonnnnnnnnnnnnng periods of time. Seeing my nephew replay a 25 second segment of a video over and over for a half hour was my first insight into his intense focus. Researchers have determined that people that have Autism have Genes that are "turned off". The research into "Turning On" these genes have a potential into other areas. Imagine, being able to "Turn off", the Cancer Gene, or the High Blood Pressure Gene. I wish good health to everyone, and their families.
.06 pop today? on Housing sales being up?
Finally Some Good News for Sirius Shareholders
My company just announced a 25 % reduction in Salary presonnel. This is being done in advance of a potential takeover by a rival firm. In my opinion, the cut is being done in the event that the takeover does not occur. My company is majority held by a Capital Management Company that went to JPMorgan & Chase for its financing. The credit markets being the way they are a decision was made by the creditors to push for the sale of my company.The Capital Management Company which owns 51% of the rival firms financing arm has changed the credit rules for consumers. The Capital Management Company is "Suggesting" a swap of assets that would be mutually beneficial.
Bottom line:
GS is the instigator in my Companies fate, just as much as it is in the instigator in the SiriusXM financing. There was talk of puppets earlier in the thread. I suggest you look up ownership of the Federal Reseve of New York. The Point is that GS has power! If GS Shorts a stock, then you better believe there is something to it. Until the ShoReg numbers change, we would all be better just to hang tight and watch the financing games played. SiriusXM only had a billion dollar impact on the market. . . . . GS & their ilk control stocks by the trillions.
Finally Some Good News for Sirius Shareholders
GREAT POST! That's the point I was making earlier about the Lawers. If they understood SEC rules they would have processed the proxey input parallel with the Civil suit.