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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
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Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
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Latest Comments45 Comments
Better Than the Depression? Don't Kid Yourselves
that's what i am doing. is that what you had in mind? what else can be done? i think that people hunkering down and doing all listed above is a foregone conclusion.....
On Nov 28 03:58 AM The hand wrote:
> my internet is screwed up and it is late in the day.
>
> comments from ithinkbig, kelly lieberman, carey_jim, and jlounsbury
> are on target. to ignore the potential of an economic meltdown and
> not prepare seems absolutely stupid. there is no one who can say
> it will happen, and only fools are singing pollyanna tunes. the
> economy is in a crisis. things are happening which have never happened
> before. how can you trust that we can be lead out of this event
> unscathed?
>
> and if you are positioned, this event (IF IT HAPPENS) does not have
> effect the quality of your life. you will still have a car. your
> kids might have to go to public school. a big mac meal may take
> the place of your two hour martini lunch. but your enjoyment of
> life will still be good (or as bad as the case may be) as it is today.
>
>
> Actually i was thinking that a contrarian approach to stimulus -
> lower taxes only - might be the correct approach. but actually,
> at this point i think we are wasting good money by doing anything
> at this point but trying to ease the social problems caused by this
> economic event.
>
Commercials on Sirius XM: Benefit vs. Backlash
ummmmmmmmmmm......viab... business model? like getting out of the RADIO business?? thank GOD you are not running the company. what would those 19mil subscribers do?? lololololol
On Nov 27 01:42 AM Konsta wrote:
> as far as not being able to short stocks under 5$, not necessarily
> so, e-trade lets you short stocks over 3$ , so it depends on the
> brokerage. as far as the person who is upset with the "move to a
> communist country" comment, this company needs to come up with a
> VIABLE business model iinstead of f--king around like they have been,
> and commericals are such a viable option that works for everyone
> else. so I say, you tried, you failed, and now try something that
> your peers do that actually works.
> also go beyond radio, radio is almost dead, i.e. expand into tv,
> gps and internet access inside vehicles
>
> disclosure: i hold a small position in sirius at a very low price,
> it's a speculative stock
Better Than the Depression? Don't Kid Yourselves
what IS the reality and what should we do about it, genius?
hobbes gives absolutely no answers (oh - wait - he did: short TLT. thanks!! LOL), only whining and chicken little-ing......
On Nov 26 01:53 PM sbenard wrote:
> Yes! Let's all sit around and sing Cumbayah! Let's also quit our
> jobs, become couch potatoes, and just wait for monthly government
> stimulus checks for the rest of our lives while we live in endless
> prosperity!
> No thanks! I'd rather live in reality!
>
>
> On Nov 26 10:58 AM MurphMan wrote:
Better Than the Depression? Don't Kid Yourselves
On Nov 26 09:19 AM sieraromero wrote:
> It is suprising that so many experts[ the same ones who said we couldn't/wouldn't
> get to the point where we are now] completely rule out the possibility
> of a depression. The real economic problems have not even surfaced
> yet ! Many people are even saying that (IF) we drop into a recession
> that it will not be a long one. People who listen to the talking
> heads are going to get burnt badly.
Better Than the Depression? Don't Kid Yourselves
yawn. another doom and gloom piece. boring.
the author is one of those who is dissatisfied with EVERYTHING and apparently is terribly unhappy with obama as prez. according to hobbes, there is NOTHING obama can do that would be satisfactory. according to hobbes there should be NO BAILOUTS OF ANYONE. want to see a depression? there ya go.
we KNOW what will happen if the govt does NOTHING (a depression. a severe depression), what we don't know is what will happen if we try to stem the damage. i will have to go with the UNKNOWN on this one, hobbes.....
Three Reasons for Sirius Aggravation
cooler heads prevail. no one told you to hold when the bottom started to fall out of SIRI, it was your greed/ignorance/inabil... to use stop loss that put YOU in the position you are in now. now you are fucked. take responsibility, because its not mel's fault.
On Nov 20 01:40 AM i'm not jim cramer wrote:
> relmor; I respect your opinion, but who on this board, even me who
> you know thinks sirius has no long term future, would have ever guessed
> that it would trade at 16 cents. So we would be crazy to assume,
> that it can't go to any particular price.
>
> Also, you are right that they don't fear a takeover, ironically enough
> because of the huge bloated number of shares make that unwieldy and
> the limited prospect of financing capability.
>
> I said about buying at one cent tongue-in-cheek, because I had given
> some thought to buying at 20 cents. The price drop this week I believe
> reflects sat radio's poor decision to bet the house on auto installations.
> Satellite, should mean that it is the very essence of portability,
> but they have gone the opposite way and tied it to the car. Ipods
> made and sold millions before the first auto adapter for car use
> was ever marketed. They knew the market better than Mel.
>
> I have three children under 16 with two cell phones and two mp3 players
> between them. I pay a helluva lot more for their cell subscriptions
> than I would for Sirius, but they don't ask for sat radio. It doesn't
> play a part in their world at all. None of their friends have it
> either because I've asked.
>
> Looking at it from a business perspective, where is the marketing
> toward women and girls? How many women will buy subs based on NASCAR,
> sports and Howard? If it comes in their cars for free, what programming
> will lure them to keep it after the first year? I would be willing
> to bet that if we had the info, we would find that there is a big
> disparity in the numbers of men who re-up their freebies, versus
> the number of women.
>
> So it's not all about manipulation. A number of very basic totally
> crappy business decisions brought us here. Remember, in the world
> where Mel made his fortune and reputation, women and men are not
> viewed on the same scale. Advertisers pay more for the male demographic,
> especially on sports etc. than they do the female demo. If Mel came
> into this thinking that would work in non-advertising based radio
> too, well he blew a lot of people's money by not understanding the
> difference!
Sirius Investors: Decline in OEM Take Rate Something to Watch
take responsibility for your OWN avarice and lack of knowledge or discipline. learn how to trade and most important - learn how to MITIGATE RISK. stop loss, peeps - learn how to use it.
On Nov 21 03:37 AM SirusDun wrote:
> Don’t talk bad about Sirius here are you will be absorbed. (READ
> FAST)
>
> Can it be more obvious that Sirius pays advertisers, bloggers, and
> people to post good things about Sirius?
>
> Well, Mel the vote is pretty much over. You can stop paying people
> to post confusion and start paying for Xmass sales. Like you have
> a clue what the company needs (You don’t). I want to know how much
> Sirius paid this quarter for blogging advertising?
>
> STOCK PREDICTION
>
> Sirius at .06 before the split…
> 50 to 1 split puts it at 3.00
> Shorts continue.
> When it hits 1.00 after the split Mel will take it private 50 million
> on the cheap…
>
> Yes, I am already prepared to sue Mel directly when he does the reverse
> split.
>
> Economy hell, Mel is just another NWO elitist clown…
Earnings Preview: Sirius XM Radio
just look at some of the inane, poorly spelled posts on seeking alpha and yahoo (ESPECIALLY yahoo. pick ONE random page on the SIRI yahoo msg. board (frequented by retail investors), and read the posts) - the word unsophisticated might be generous.
it may seem insulting, but was he far off?
On Nov 09 08:33 PM cos1000 wrote:
> siriusly depressed...
>
> It doesn't change my opinion of Mel at all. All of this information
> has been fully disclosed. Mel insulted us by calling us, as retail
> shareholders unsophisticated. He was probably right. I have never
> attacked Mel, ever on this board or anywhere else. If I felt Mel
> was a criminal and not operating in shareholder best interest I would
> lead the charge in his undoing. Just because I might be insulted
> by what he said, doesn't mean that as I get more sophisticated in
> my analysis, that he was wrong, or Weinkes for that matter.
>
> All this talk on these boards about law suits and Goldman, has been
> a distraction created by those shareholders who post here and are
> regretting their investment.
>
> Just as you, I have been struggling to understand what is going on
> based on the numbers and publicly disclosed SEC reports. No conspiracy
> theories, no paranoia out of control, just analysis of what is available
> to the common shareholder. That is the only discussion that I feel
> is productive and useful in determining what to do next. The information
> I have provided is available for anyone to read from the SEC filings.
> Most, including myself, have been so concerned with SP movement,
> that doing research and analysis has fallen by the wayside.
>
> Morgan Stanley is a relevant player here and soon we will see to
> what extent.... Just because, as disclosed, Mel negotiated the deal
> doesn't mean anything illegal took place. Morgan Stanley has been
> involved with these two companies since inception. Their profiting
> from that relationship is not something that I would be oppose to,
> so long as the current shareholders profit with them.
4 Signs for Further Caution by Satellite Radio Investors - Goldman
On Nov 07 11:20 PM markbmark wrote:
> Hear others express shame over Sirius actions
>
> People want to invest in stocks they want to make money. Can you
> blame them for being afraid? We are constantly misled and lied to
> by corporate monsters, by financial analyst and others tied to this
> skewed industry.
>
> Dylan talks about transparency and the lack there of. I say there
> is no transparency until people get caught. These people are constantly
> lying and hiding stuff on balance sheet off balance sheet. Where
> is the protection for shareholders? You’re told to invest in stocks
> and that when you do you are owning a piece of the company, yet you
> really have no rights. When the poop hits the fan you find out that
> the rats have already jumped ship, or they have enriched them selves
> even more over the company destruction and damage that they caused.
>
>
> In the end it is always the shareholders that get hurt. They are
> always the ones left flapping in the wind, via reverse splits, dilution,
> or bankruptcy. The shareholder is the absolute last person in line
> to receive anything except a zero in there bank account. In this
> case imparticular I am referring to siri-xm they are going to have
> a shareholder meeting Dec. 08. and they want to effect as much as
> a 1-50 reverse split and or authorize 8billion more share. Mel Karm.
> I ask where is the responsibility to shareholders.
>
> Where is the responsibility to do the right thing, make the right
> business decisions, and pursue all alternatives available to working
> out any problems that a company might have. Instead corporate finds
> the most profitable and easy alternative is in most cases to just
> wipe out shareholders make them pay the price.
>
> We have been trying to get Sirius shareholders to rally together
> to vote this proxy rev-split thing down. It would be nice to get
> some kind of media exposure. I can’t believe no one is talking about
> this madness on cnbc. Mel publicly states everything is ok and the
> company has no need to sell any assets. They could if they needed
> to. Why do that when we can just unconscionably reduce our shareholders.
> Why should they care they will get theirs and then some regardless.
>
>
> Sincerely The Bagholder
>
> Amen … Vote no Rev Split
4 Signs for Further Caution by Satellite Radio Investors - Goldman
time to go back to your padded cell now, mongo.
On Nov 07 08:54 AM scamcity wrote:
> Own stock , bought a new truck(first one and american!) only got
> 90 days included XM, although I like the radio as we lack any country
> stations of any good , the renew is OVERPRICED $ 142.45 a year all
> this for 2 or 3 stations I would listen to. I believe this is on
> purpose to kill the company and take over the remains . At least
> I voted against merger and saw there should be a lawsuit against
> the looters ceo Martha, Howard and the rest of the SCAMMERS , A
> legitimate business model would not give Millions to goofballs, scum
> and FELONS (for scamming) and would price legitimately a $60.00 /yr
> subscription in which everyone would buy it , I am sure they know
> this but the failure to act is to line thier pockets once they scam
> the stockholders monies .
The Reagan Counterrevolution
can anyone say - SOUR GRAPES......?
The Reagan Counterrevolution
the end of prosperity is HERE, friend.
hilarious how obama, who isn't even in office yet, is projected by schiff to push us further into the abyss than we are already. perhaps you SHOULD start packing your bags, petey. (its exactly what i had pondered if mccain had gotten in....LOL). i hear the caymans are BEAUTIFUL....
bon voyage.
On Nov 09 10:15 AM GerryB43 wrote:
> Let us look at the record: economic growth restored, inflation contained,
> stock market at record levels, huge increase in jobs, all while winning
> the cold war for freedom-loving people of the world. Pretty good
> record in spite of not getting the entire growth agenda enacted into
> law. This legacy of Ronald Reagan has been eroded by two decades
> of creeping increases in state control of the activities of our daily
> lives. The number of pages added to the Federal Register each year
> is a pretty good measure of the level of regulatory interference
> in the economy and it is now at an all-time high. After a sharp
> decline in the Reagan years, it has climbed steadily through both
> the Clinton and the Bush years. It is not just the Federal intrusion
> - state power has steadily increased too. The myth of the Bush deregulation
> is just that - a lie told repeatedly by too many politicians and
> media pundits.
>
> And now we have a new President who clearly promises an acceleration
> in regulation at rate not seen since Richard Nixon. If you care
> to check the numbers, just click here: www.mercatus.org/uploa...
>
>
> So, Peter, you are correct in your prognosis. The end of prosperity
> is near.
Karmazin Video Provides Some Sirius Answers
On Oct 27 03:20 PM sl62 wrote:
> 163888...
>
> No not your bad punctuation...it's your statement. FYI, daytraders
> DON'T CARE if the company is good or not my friend. Nowhere, does
> a daytrader care if the company is good or bad. A daytrader buys
> and sells purely on action, highs and lows. And the fact that I had
> to explain that to you says more about you than I'm sure you can
> even grasp...
>
> And...if I'm such a dumbass, why did I make money today on SIRI and
> you only made money back??
Karmazin Video Provides Some Sirius Answers
point 1 - your spelling is atrocious. it goes beyond typos. it smacks of sloppiness and colors you as a hack.
point 2 - you are going to lose the farm if R/S happens?? newsflash: you have already lost the farm. have you taken a look at the pps lately?
Finally Some Good News for Sirius Shareholders
your multi point rebuttal is the most SANE post i have seen on here. thanks for telling these people what time it is.....