Sirius XM Radio (NASDAQ:SIRI)

Slowly but surely improving. Will have competition from pandora and other internet radio available through smartphones. But XM will always have a solid base of customers. Every person that I know has XM likes it and plans on keeping it, but it doesn't have enough pull to get people to put it in there car or home, but when it comes installed in a new car, most people seem to like it. Don't expect great growth, but solid. Definitely needs to do a reverse split.

Long term value. Currently overvalued due to enormous number of shares outstanding. Minor price increase coming, then reverse split, IMO, to normalize price w/ net pullback. Once price is fair and reasonable, much smaller number of shares outstanding to make hundredths of a cent precision no longer required to make profitable trades, stock should take off.

to cheap to let it pass even thought the company's debt rate is high.

In the last five years, I've only heard two people say good things about Sirius/XM Satellite Radio. Take a close look at SIRI's income statement and cash flows. This company is trash.

The Stern thing is publicity either way and they have a wide-open field to partner and expand with...

Finally broke the dollar barrier after being under for 11 days.
New target price of $1.45 by years end

I saw Sirius a few years ago when it was in some financial trouble and was immediately attracted. I won't say that satellite radio has any lasting staying power - I like to compare it to dial up internet, eventually something better is going to replace it - but I liked it back then because it had merged with XM radio, and monopolized the satellite radio industry. I'm not so keen on Sirius for the reasons stated above, but I still think that it's a good short term stock if you're looking to make a quick profit and get out. I bought when it was at around 9 cents a share and it's now 10 times that. I definitely wouldn't buy now though, I hardly see this stock breaking a dollar per share unless some serious internal company restructuring takes place, not to mention a reevaluation of American priorities, because let's be honest the average American doesn't need satellite radio.

I currently have a real-life position in SIRI averaged in much lower than today's PPS, but I'm still comfortable with an outperform call in CAPS at this point. They continue to improve performance metrics while deleveraging their balance sheet, and Satellite Radio 2.0 next year proves they're willing to innovate to keep consumers hooked.

Stern is passé for the most part, rise after new contract, then lots of play till next year when Malone takes over, Mel's only way out is to sell to APPL or GOOG as Malone wants the 1B tax deduction!

Three words: Big Ass Moat. They own the market, and it's an expensive market to get into. Add an insanely loyal subscriber base and you have a recipe for success.

Sirius seems to be coming more main stream and they also have monopoly

XM and Sirius merger was supposed to rocket this stock but the recession killed the company. It will bounce back over time. Dont forget it was selling for 5cents a share in 2009.

Sirius got started way before their time. This cost the company money - lots of it. It was a new technology the world just was not ready for. Now, all that is changing.

Sirius is big (19 million subscribers) and is on its way to become huge. With the XMSR merger, this is the only satellite radio company out there. Sooner or later, its big customer base will turn into massive profits and that is already starting to happen with the recent earnings report where they were just above breakeven.

Buy it now. Buy a lot of it. This is the next Apple.

Used car market hasn't hit all four cylinders. Once the used car market becomes saturated with this product, this company will be of a microsoft dominance. Then you have other sources such as the home, marine, and air that hasn't been tapped extensively. Then after all is said and done here in the USA then you have other countries to grow the business.
Long siri

I was fortunate to buy 1000 shares when they were in the tank. My 12 cent per share purchase has paid off. I think I will let it ride and see where this goes. If they fail, I lose $120. So far, I've done well. And as long as commercial radio stations keep broadcasting the crap and chatter, I think this stock will do very well.

stern is a loser

this stock should have been delisted months ago a bankruptcy by years end...

Not a competitive business model:
- High subscriptions fees
- Poor audio quality (below 44kHz - definitely noticeable for listening to music on a stereo)
- Can't choose what program plays at what time, like you can with a podcast.
- Free internet radio has all these problems solved. And its free! (Assuming you are already paying for a net connection - which is far more valuable than sat radio).
-Rof

I liked sat radio for a while, but I don't think longterm that it'll go higher. Note - I don't necessarily think it'll fail either, many restaurants now use sat radio.

I think this goes to zero.

I realize this is a touchy subject - It seems SIRI owners are very protective of their investments.

Despite Satellite radio's appeal, people just won't pay for it. They would rather opt for free radio - regardless of its quality or selection. I wish I could post an image but I'll transcribe the following facebook status/response below:

Me [status]: Anyone buying facebook when it IPOs? Intraday trade, or longterm hold?

Josh [reply]: If facebook ever costs money, even a dollar- I'm out- something else will take it's place.

Priscilla [reply]: right on!!!

Summer [reply]: I would rather use myspace than pay for this book of faces.

Me [Reply]: hmm I should clarify before some sort of exodus takes effect - facebook is becoming a publicly traded company. That means us laypeople can buy an ownership stake in it (you can own a tiny part of facebook). It won't charge an admission fee, kinda like how google doesn't cost anything to use (for us anywase). As to why anyone would want to 'own' facebook, consider that when google IPO'd at $85 a share in 2004, if you had bought into it the first day, by 2007 your investment would have returned something like ~800%hmm I should clarify before some sort of exodus takes effect - facebook is becoming a publicly traded company. That means us laypeople can buy an ownership stake in it (you can own a tiny part of facebook). It won't an admission fee, kinda like how google doesn't cost anything to use (for us anywase). As to why anyone would want to 'own' facebook, consider that when google IPO'd at $85 a share in 2004, if you had bought into it the first day, by 2007 your investment would have returned something like ~800%

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the two takeaways from this digression: Short siri, buy facebook when it IPOs.

Bonus takeaway: my friends obvious lack of financial acumens