Correction: Based on the financial contribution of GM subscribers to the Sirius P&L, the satellite radio company would not have an immediate loss of earnings if it were not selling product through…
Sirius (SIRI) traded down to $.20 on concern that a bankruptcy at GM (GM) could ruin its already troubled business. The 52-week high is $2.94. Citigroup (C) Still concerns that bank can…
Short sellers are still betting that financial shares will fall but they have boldly moved into shares of companies which are considered healthy, those with both good balance sheets and relatively strong…
According to Reuters, a weakening economy in China and poor US earnings are causing concern that the recession will be deep and long. Reuters writes that Vodafone (VOD) cuts its full-year revenue…
SIRIUS XM Radio Inc. (NASDAQ: SIRI) has just reported its first real earnings report since its full merger completions. The satellite radio giant posted results which it only included in the conference…
Douglas A. McIntyre Circuit City (CC) and GM (GM) have effectively proved a point about the current economy and credit markets. Without substantial positive cash flow and operating earnings, raising money is nearly impossible. Corporations…
Making calls on financial guidance and modeling for the future right now beyond a quarter is no longer an art which is easily mastered by many. It is now guesswork or financial…
Douglas A. McIntyre Approximately half of the subscribers to Sirius (SIRI) satellite radio originally came though new car sales. That channel accounted for about 80% of sales last quarter. With US car sales down 30%…
If you are one of the hundreds of thousands of investors following penny stocks and low-priced stocks such as SIRIUS XM Radio Inc. (NASDAQ: SIRI), then you will not be surprised to…
Douglas A. McIntyre Sirius XM Radio (NASDAQ: SIRI) did something rather unusual if you consider its recent downward trend. Its shares rallied close to 30% today. Sure, you have to consider how low shares had…
Douglas A. McIntyre For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame for them. They could have made a killing this week. The short…
This is a bear market and a recession, yet it still feels like Winston Churchill calling the actions of Russia as "a riddle, wrapped in a mystery, inside an enigma." When you…
Douglas A. McIntyre A year ago, it would have been hard to find people who would believe that Sirius XM (SIRI) or Charter Communications (CHTR) would trade below $1. Sirius had a 52-week high of…
Sirius XM (SIRI) CEO Mel Karmazin say he can get his long-term debt refinanced. According to Reuters, "Sirius XM faces some $1.1 billion in debt in 2009. Of that, about $300 million…
Douglas A. McIntyre Yahoo! (YHOO) Concerns about slowdown in internet advertising. Drops to $13.20 from 52-week high of $34.08. Bet they wish they had taken Microsoft (MSFT) deal. Sirius (SIRI) Merger a failure.Sells off to…
