I don't like stocks that skyrocket upward 1 billion percent OH MY GOD without having produced a single pennies worth of profit.
I am not the Bandwagon investor that launches money at a high flying stock and doesn't care to check the balance sheet. Throw caution to the wind, who cares about profits, the company has HUGE GROWTH in other areas!!!
A lot of stocks function like that. The market is forward thinking so frustratingly it leaves people like me with their mouthes open. [more]
Sirius XM has nothing to do with Cable Television. It is highly unfair for SIRI's cash to be dwindled and frittered away for Liberty Media's pursuits of Time Warner Cable (TWC). It is clear from past statements, Liberty Media wants to use SIRI's cash flow as a bargaining chip to obtain the necessary funding to acquire TWC.
This apparent self interest by Liberty Media pursuing a venture that has NO apparent benefit for SIRIUS XM is why SIRIUS XM should be a stand alone company. They have the financial strength to buyback billions of dollars worth of their own shares plus take on an acquisition of AGERO for $530 million. This isn't the actions of a company that desperately needs to be acquired by a Conglomerate and downgraded in stature to mere "SUBSIDIARY".
How can SIRIUS XM possibly compete if John Malone wants to leverage up SIRIUS XM to 4X EBITDA for the purposes of acquiring TWC? He already effectively shut down the share buyback program..... SIRIUS XM over the last 6 months has been forced to buy shares off of LIBERTY MEDIA before they can continue buying back shares on the open market again. All this before we saw the low ball $3.68 offer that isn't even a cash offer... It is a ratio deal that appear to hinge on the value of LMCA share price to determine the value of the newly created Liberty Media C Shares. That means if (LMCA) continues to slide, and the deal goes through, us shareholders of SIRI may see a whole lot less than a conversion that values SIRI at $3.68. That is if I and others understand the confusing deal from Liberty Media that even had CNBC all tripped up reporting on it.
Has Live Nation.....Starz.... dealt with this before in their relationship with Liberty Media?
Therefore, do the right thing....and LIBERTY MEDIA (class A and B) investors need to speak out against this deal that has no tangible benefit for SIRIUS XM.
SIRIUS XM is best managed locally.... Let JIM MEYER and DAVID FREER make the decisions and budgeting actions..... Don't force this company to have to get a permissions slip from LIBERTY MEDIA before they can do anything.
It won't work out in this case. I've seen big corporations swallow up smaller sized ones and years later be forced to spin out the smaller sized company because the ability to manage the smaller business was made near impossible...
Cadberry + Dr. Pepper Snapple Group comes to mind. DPS IPOed as a result of Cadberry letting them go and the CEO at the time mentioned how difficult and SLOW the process to manage the beverage company was because everything had to go through CADBERRY for anything to get done.
In this fast moving radio business, the last thing we need is any SLOW DOWNs and OBSTRUCTIONS in Sirius XM's business decisions. [more]
As long as Steve Baumer is still CEO and Windows 8 is the direction Microsoft wants to go, my price target for Microsoft if I was a professional stock analyst of which I am not so this is just my personal opinion would be a grand total of [more]
First it's Bloomberg....Then the IRS....leaking private information....Now in a strange turn of events, Apple computer company's secret details on their iRadio service has been leaked....And since WXYB and an S doesn't care about getting sued....here are those details!
1) Music stations will charge listeners .99 cents a song, commercial free.
2) You can apply your APPLE dividends for more listening minutes.
3) Will not be compatible with a Desktop PC running Windows 8.....but then without a start button, nothing is.
4) Will not be compatible with an Amazon Kindle Fire. iRadio software is in fact designed to overheat an Amazon Kindle Fire, effectively reducing it to ash.
-- It is rumored you can hear the CEO's name while this happening, "Tim Cook...Tim Cook....Tim Cook."
5) In the spirit of the iPad mini introducing smaller sized iPads, iRadio will introduce smaller sized disc jockeys. [more]