XMSR Opens at 18.45 [Archive] - RonFez.net Messageboard

UnknownPD

05-03-2006, 05:33 AM

XM Stock opened at 18.45 this morning. Holy shit what a drop... Any guesses why?

suggums

05-03-2006, 05:38 AM

yesterday sirius posted a loss more than double that of their first quarter (thanks to a certain hoohoo)...dunno if xm's drop is an industry-related thing or what

torker

05-03-2006, 05:40 AM

I heard this morning that they lost more money in the first 1/4 of this year than all off last year.  Sirius was even worse.

Don Stugots

05-03-2006, 05:40 AM

you know I thought I was an ass for following the price every few hours or a few times a day.  I dont own any stock in the company, nor would I ever.  I do the same thing with WWE and a few other companies, again i do own stock in them.   As to your question, i could only assume that its numbers are not as high as they would like.  or sirius getting exposure due to HOO-HOO.  Or maybe even a backlash to the O&A on Free-Fm.  I only say that because the price has gone done daily since the announcement was made.

Freakshow

05-03-2006, 05:43 AM

This also can't help <a name="042806xm2">More XM: FCC, FTC Launch Separate Inquiries</a>April 28, 2006XM Satellite Radio is now fielding two separate inquires, one from the Federal Communications Commission (FCC), and the other from the Federal Trade Commission (FTC). XM briefly described the probes in paperwork filed Thursday with the SEC, and both investigations appear preliminary in scope. The FTC inquiry is focused on the legality of various marketing practices and initiatives, though specifics about those programs were not described. "This letter requests information about a variety of our marketing activities, including free trial periods, rebates, telemarketing activities, billing and customer complaints," the filing noted. Meanwhile, the FCC investigation is focused on the Delphi XM SKYFi2, particularly on emissions standards. "The [FCC] letter seeks information from us regarding the testing, emissions and other matters relating to this radio," XM stated. "We are conducting an internal review, and anticipate responding to the letter shortly and cooperating fully." Shares of XMSR dropped 5.5 percent at the closing bell Thursday, with the inquiries and continued losses driving the stock lower.

Rodan

05-03-2006, 05:50 AM

It keeps getting worse. XM didn't lock up music rights either. There's some legislation from Dianne Feinstein that would make XM <a href="http://washingtontimes.com/business/20060426-090416-9566r.htm">pay royalties for recording on thier myfis</a> and similar devices. It doesn't make sense, but Sirius was able to cut a deal. 

This message was edited by Rodan on 5-3-06 @ 9:50 AM

suggums

05-03-2006, 06:02 AM

from rodans article:The devices that let XM subscribers store up to 50 hours of programming
are no different from taped radio recordings made by listeners, he
added. _______huh, go figure. mine only stores five hours, must be defective.  it helps when they get the facts right(fuck the washington times, its all about the post)

Doctor Manhattan

05-03-2006, 06:28 AM

UnknownPD wrote: XM Stock opened at 18.45 this morning. Holy shit what a drop... Any guesses why? "This proves that O&A are failing on XM!"<img src="http://img79.imageshack.us/img79/4584/typing6lz.jpg" border="0" />

walking joint

05-03-2006, 07:38 AM

its currently down $1.26 today to $17.19.

Snoogans

05-03-2006, 07:50 AM

I was reading google news and i saw something kinda funny:one article says: This morning, Sirius Satellite Radio (Nasdaq: SIRI) announced strong
first quarter 2006 results which included record market share of
satellite radio net subscriber additions. The company ended the quarter
with 4.07 million subscribers, reflecting an addition of 761,187
subscribers, or a 149% increase in additions compared to a year ago.
For the second consecutive quarter, Sirius gained more subscribers than
its major competitor XM Satellite Radio from <a href="http://www.antandsons.com/blogger.html" target="_self">http://www.antandsons.com/blogger.html </a>ok 761,187 should be more then XM's additions.now from <a href="http://www.forbes.com/markets/bonds/2006/05/01/xm-satellite-radio-0501markets01.html" target="_self">Forbes </a>Operating cash flow loss of $48.9 million was better than the analyst's
$60.5 million forecast. But gross subscriber additions of 998,000 were
less than the analyst's projected 1.1 million.  so what the fuck? XM added over 200,000 more people, but sirius added more, how does that work?

Don Stugots

05-03-2006, 10:49 AM

Snoogans wrote: I was reading google news and i saw something kinda funny:one article says: This morning, Sirius Satellite Radio (Nasdaq: SIRI) announced strong first quarter 2006 results which included record market share of satellite radio net subscriber additions. The company ended the quarter with 4.07 million subscribers, reflecting an addition of 761,187 subscribers, or a 149% increase in additions compared to a year ago. For the second consecutive quarter, Sirius gained more subscribers than its major competitor XM Satellite Radio from <a href="http://www.antandsons.com/blogger.html" target="_self">http://www.antandsons.com/blogger.html </a>ok 761,187 should be more then XM's additions.now from <a href="http://www.forbes.com/markets/bonds/2006/05/01/xm-satellite-radio-0501markets01.html" target="_self">Forbes </a>Operating cash flow loss of $48.9 million was better than the analyst's $60.5 million forecast. But gross subscriber additions of 998,000 were less than the analyst's projected 1.1 million.  so what the fuck? XM added over 200,000 more people, but sirius added more, how does that work? wait, wait, wait, I actually know the answer to this. ok? ok, ok ok, its called HOWIE MATH.

HBox

05-03-2006, 11:00 AM

Snoogans wrote: I was reading google news and i saw something kinda funny:one article says: This morning, Sirius Satellite Radio (Nasdaq: SIRI) announced strong
first quarter 2006 results which included record market share of
satellite radio net subscriber additions. The company ended the quarter
with 4.07 million subscribers, reflecting an addition of 761,187
subscribers, or a 149% increase in additions compared to a year ago.
For the second consecutive quarter, Sirius gained more subscribers than
its major competitor XM Satellite Radio from <a target="_self" href="http://www.antandsons.com/blogger.html">http://www.antandsons.com/blogger.html </a>ok 761,187 should be more then XM's additions.now from <a target="_self" href="http://www.forbes.com/markets/bonds/2006/05/01/xm-satellite-radio-0501markets01.html">Forbes </a>Operating cash flow loss of $48.9 million was better than the analyst's
$60.5 million forecast. But gross subscriber additions of 998,000 were
less than the analyst's projected 1.1 million. so what the fuck? XM added over 200,000 more people, but sirius added more, how does that work?   That second article is wrong. XM added 998,000 in Q4 2005. They added 568,000 in Q1 2005. And there was a class action lawsuit brought by shareholders today against XM because of Q4 losses or something.

WRESTLINGFAN

05-05-2006, 04:18 PM

I bought 10 contracts of XM Options Puts, im hoping it goes down in price even more

DirtyJersey

05-06-2006, 10:03 PM

I can't help but think that both companies would be doing much better if the signal was more reliable. I know several people who have cancelled subscriptions for both companies because they couldnt get a signal either in work or at their home. I think if they don't straighten that shit out both stocks will continue to fall.

furie

05-07-2006, 06:26 AM

DirtyJersey wrote: I can't help but think that both companies would be doing much better if the signal was more reliable. I know several people who have cancelled subscriptions for both companies because they couldnt get a signal either in work or at their home. I think if they don't straighten that shit out both stocks will continue to fall.

that's a good point. i had two units. a skyfi for me and a myfi for my wife. we live out in suffolk and the reception especially on the myfi was shitty. they need to get some repeaters out here

Tenbatsuzen

05-07-2006, 06:52 AM

furie wrote: DirtyJersey wrote: I can't help but think that both companies would be doing much better if the signal was more reliable. I know several people who have cancelled subscriptions for both companies because they couldnt get a signal either in work or at their home. I think if they don't straighten that shit out both stocks will continue to fall. 

that's a good point. i had two units. a skyfi for me and a myfi for my wife. we live out in suffolk and the reception especially on the myfi was shitty. they need to get some repeaters out here   The question is, are there towers to put repeaters on out there?

JimBeam

05-07-2006, 09:00 AM

I dont feel like Googling it but does anybody know the over subsriber number for both companies to date ?I think at some point the market will die because you'll get to a point where people dont wanna buy or cant afford it and that all the potential listeners have already chosen one or the other.

Ogre

05-08-2006, 08:17 AM

Here are some numbers and answers as to why it's tanking.  I do not see either of these companies folding per say.  However, I would speculate a strong fiscal diet would be in order for long term viabilty of either entity.  Panero and company's lead over Sirius is dwindling.  This is the last year for NASCAR on XM and Sirius will pony-up huge for these rights.  It is a done deal. Not that it's that important to some, it just a huge outlay.  When I owned stock in XM it was 33 and change just last summer.  IMHO..From an investment standpoint, it is hard for a stock to upswing while showing loss, quarter after quarter.  Anyway I am only posting here because I lost owning both companies for awhile.   <a href="http://www.marketwatch.com/News/Story/Story.aspx?siteid=myyahoo&guid=%7B2225A80B%2D0B93%2D42A2%2D8EA9%2D6C558C82F6 58%7D">http://www.marketwatch.com/News/Story/Story.aspx?siteid=myyahoo&guid=%7B2225A80B%2D0B93% 2D42A2%2D8EA9%2D6C558C82F658%7D</a><a href="http://www.thestreet.com/_yahoo/comment/dumbest/10283736_4.html">http://www.thestreet.com/_yahoo/comment/dumbest/10283736_4.html</a>

This message was edited by Ogre416 on 5-9-06 @ 9:27 AM

WRESTLINGFAN

05-08-2006, 05:11 PM

Another lawsuit against XMSR <a href="http://biz.yahoo.com/prnews/060508/nem054.html?.v=13">http://biz.yahoo.com/prnews/060508/nem054.html?.v=13</a>

UnknownPD

05-19-2006, 07:46 AM

As of 11am this morning its down to 16.50 and Sirius is 3.69 ouch!

UnknownPD

05-24-2006, 01:16 PM

Now 13.75

Reephdweller

05-24-2006, 01:28 PM

When it gets to $10...buy! BUY!

WRESTLINGFAN

05-28-2006, 03:21 PM

I Sold my Options puts for XM and made a decent amount of cash, I wish I would have held on to them a bit longer but didnt want to get too greedy, with my luck if I held onto them the stock would have jumped, but oh well i still made a profit

FMJeff

05-30-2006, 08:29 AM

I think it's just growing pains. Both companies have some very savvy marketing and advertising firms behind them, and they're making some solid partnerships throughout the entertainment industry. Businesses across the board are taking a hit. I guess it has a lot to do with gas costs...people spending less time in the car listening to less radio...but who knows? I doubt it's any cause for alarm. Growing pains and all.

UnknownPD

08-25-2006, 11:10 AM

<a href="http://news.moneycentral.msn.com/ticker/article.asp?Feed=AP&Date=20060825&ID=5972268&Symbol=US:XMSR">http://news.moneycentral.msn.com/ticker/article.asp?Feed=AP&Date=20060825&ID=5972268&Symbo l=US:XMSR</a>XM gets approval for 3 units.Stock up

A.J.

08-25-2006, 11:20 AM

UnknownPD wrote: XM Stock opened at 18.45 this morning. Holy shit what a drop... Any guesses why? The Dukes are trying to corner the satellite radio market?<img height="192" src="http://www.movieprop.com/tvandmovie/reviews/tradingbrothers.jpg" width="250" border="0" />

high fly

08-26-2006, 11:48 PM

STUGOTS1 wrote: .   As to your question, i could only assume that its numbers are not as high as they would like.  or sirius getting exposure due to HOO-HOO.  Or maybe even a backlash to the O&A on Free-Fm.  I only say that because the price has gone done daily since the announcement was made.  I'd throw in the possibility that investors took a look at another fragment being offered of a fragmenting business and decided to pass.