SIRI
es wurde veröffentlicht, das einem sehr engen Freund von Herrn Obama das Sirius - Radio sehr am Herzen hängt und es gibt ja nur noch dieses, nach Zusammenschluss von Sirius & XM Radio
also, SIRI wird gerettet, alles klar
deshalb, kauft bitte keine SIRI
SIRI 0.01
Short Interest (Shares Short) 219,626,600
Days To Cover (Short Interest Ratio) 6.9
Short Percent of Float 6.35 %
Short Interest - Prior 214,743,800
Short % Increase / Decrease 2.27 %
Short Squeeze Ranking™ -42
By Jeffry Bartash, MarketWatch
Last update: 8:28 a.m. EST Feb. 5, 2009WASHINGTON (MarketWatch) - EchoStar Corp. reportedly has been buying up a sizable stake in the debt of Sirius XM Satellite Radio Inc., prompting speculation of a potential takeover.
Charlie Ergen, founder of EchoStar and its affiliate Dish Network Corp. (DISH:dish network corp cl a
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Last: 12.84+0.17+1.34%
4:00pm 02/04/2009
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DISH 12.84, +0.17, +1.3%) , could be seeking to use the debt as a means to take control of Sirius, The Wall Street Journal reported.
Sirius and XM Satellite Radio combined last year in an effort to create one strong satellite radio provider in the U.S., but the merger has faced an array of difficulties after a lengthy antitrust review process.
Sirius (SIRI:sirius xm radio inc com
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Last: 0.14+0.00+1.79%
4:00pm 02/04/2009
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SIRI 0.14, +0.00, +1.8%) has about $3.4 billion in debt and faces some big payments in the near future, the Journal reported. Yet the U.S. recession and slumping auto industry have taken a toll on sales. Many new satellite subscribers acquire their service with the purchase of new cars.
Competition from devices such as the iPod as well as Internet radio has also hurt.
EchoStar, for its part, faces stagnant growth in Dish Network, the No. 2 U.S. satellite-TV provider. The addition of Sirius might provide EchoStar a new source of revenue growth or a means to generate economies of scale by combining satellite assets.
Jeffry Bartash is a reporter for MarketWatch in Washington
Target
February 5, 2009 (10:27 pm) Tyler Savery
David Joyce of Miller Tabak issued a report today on Sirius XM Radio. Citing the debt issue, the analyst lowered his price target from $1.00 to $.50 in the short term, and went from a long term $3.00 to $2.00. Considering the current prices of Sirius XM Stock, getting to these levels would be quite an accomplishment. Joyce maintained a neutral rating on the equity. Sirius XM saw a boost in share price amid speculation that EchoStar was acquiring large portions of Sirius XM’s debt
Joyce is expecting Q4 earnings to be announced in the next two to three weeks, and is still estimating net subscriber additions of 460,000 with retail bringing in 253,000 and OEM 201,000. He remains cautious due to the economic environment though. This would bring the subscriber count to finish the year to about 19.38 million.
David expects 4Q08 revenue of $614 million and a $(93) million Loss from Operations (OCF). For Q4 they are expecting a Net Loss of $(239) million or $(0.08)/share, and positive Free Cash Flow of +$66 million. The $66 million of expected FCF + $360 million of cash at the end of 3Q08 would give the company $420 million of potential cash. In their estimation, this cash could help deal with the $175 million of 2.5% convertible debt due 2/17/09.
Showing some caution, Joyce brings up the issues of dilution, change of control, or bankruptcy-like restructuring, or something in between, which could play out during the course of coming months. On the Echostar news the analyst notes that the accumulation of SIRI debt may pave the way for EchoStar to have a say in how the company evolves, operationally and financially, from here. He also noted, “SIRI satellites already provide a few video channels to certain automotive models, so it would not be too far of a stretch to consider some form of satellite communications combination here.”
Position: Long Sirius XM Radio
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die haben sie noch für die grosse Schlacht gebraucht
Kohle hat SIRI also vorerst genug
Echostar gegen Liberty
Ergen von Echostar will SIRI einfach feindlich übernehmen
Liberty möchte Finanzspritze geben an SIRI
Egal welche Meldung kommt bis 16.02.09, die Shorts müssen eindecken
Sirius Xm Radio Inc. $ 0.07
SIRI 0.02
Short Interest (Shares Short) 271,931,400
Days To Cover (Short Interest Ratio) 11.0
Short Percent of Float 7.86 %
Short Interest - Prior 219,626,600
Short % Increase / Decrease 23.82 %
Short Squeeze Ranking™ -85
270 Mio leer verkauft und den aktuellen stand heute möchte ich gar nicht wissen
300 Mio und mehr wahrscheinlich
luck