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voteforsanjia
9 Comments
Jim Cramer's Unnecessary Beating Over Sirius
Jim Cramer's Unnecessary Beating Over Sirius
If someone shows me one analyst that actually knew how the CCU/FCC game would be played and what was needed in terms of financing to make this happen two years ago then maybe I'd consider them an "analyst". Let's face it, the FCC hates SIRI because it's content is not under their jurisdiction so that alone was reason for them to stall until the companies almost went under, then at the last minute, pull out of the mix by approving the deal so that no one could really take the blame. Any analyst with real knowledge of how the political process works should have predicted this from the get go.
The experts are all JFO's and the deal makers will continue to keep it that way unless at a minimum the SEC does something to stop back room shorting in private and require public daily (ie. free, non-subscription based) disclosures of major investment bank / mutual fund activity. Why for example is a GS analyst allowed to trash a stock and at the same time have GS able to buy it? Because the entire trading system is rigged against individual investors, Cramer et. al are just clowns to amuse and scapegoats to keep the eyes off the real crooks, who by the way, mostly are not US citizens and have no names. If it weren't there would be complete and separate analyst coverage and an aggressive SEC oversight of all opinions to look for kickbacks to sponsors and interested parties.
What Will the Future Hold for SIRI-XM?
What Will the Future Hold for SIRI-XM?
JD Power: Dramatic Increase in Satellite Radio Installations
Lehman, JP Morgan Weigh in on Newly-Formed Sirius XM Radio
BTW I'm in for 10,000@3.1 and am looking forward to watching the FCC and CCU have their censoring, fascist faces rubbed in it over the coming years. Also, for those unaccustomed to seeing details of executive offerings I suggest you look at the $12m cash retention bonuses that Lucent have to executives as their stock went from $80 - $1 in 2002, never mind the games being played with options. It is nothing new and absolutely not the fault of SIRI that the market allows all companies to get away with it. Where are all the whiners on the rest of the executives getting comps????
Lehman, JP Morgan Weigh in on Newly-Formed Sirius XM Radio
If I were niave I'd be thinking how odd and dumb it would be that supposed shareholders would be blogging trash about something they own and would hope would appreciate. I think the real world is that there are droves of short selling cowards posing to be long investors in these forums who are constantly hammering SIRI to make a quick buck regardless of the merit of their case. How can we petition the SEC to ban naked short selling on SIRI who is obviously under attack by the vultures? I'd also be very leery of the motivations of the supposed analysts who keep trying to sink things as I'm sure the NAB didn't just go away when the FCC vote was cast, the real war is on as SIRI is now a direct threat and they can't do anything positive about it because of their business model.
Sirius Stock Up as CEO Buys Two Million Shares
Sirius XM's Long Road