SIRI - Sector: Services---Industry: Broadcasting & Cable TV

[setravis]

Sirius XM Is Quicker Than You Think
By Rick Aristotle Munarriz
June 29, 2009

I had a surreal moment on Saturday, when I took the family to grab some burgers at the local Five Guys. No, President Obama didn't walk in for a cheeseburger fix. Instead, an obscure Michael Jackson song was playing when we walked in, and then on came "Thriller." A buzz filled the dining room. Patrons started hopping. I thought it was going to break into a full-blown dance number myself.

Now, I don't know whether Five Guys just happened to stumble on a local terrestrial radio station that just happened to be paying homage to Jackson with a commercial-free set of his tunes. My guess is that Five Guys was cranking up Sirius XM Radio's (Nasdaq: SIRI) Michael Jackson Tribute Channel, which launched earlier in the day.

As big as Sirius XM is, it can still be nimble.

Jackson passed away on Thursday. At 11:45 p.m. Friday, Sirius XM announced that the Jackson channel would launch just 16 minutes later.

Sirius XM never sleeps. This morning, it announced an exclusive Fourth of July broadcast of a Bruce Springsteen concert that will be recorded in Germany a day prior. Both Sirius and XM carry the Boss-dedicated E Street Radio channel, so this is a welcome treat for its listeners.

Don't get me wrong. I don't think many people will run out and buy a satellite receiver -- or activate a dormant one -- for the sake of hearing Jackson 24/7 for awhile, or even to crank up Springsteen's Saturday afternoon show.

However, Sirius XM's proven ability to remain timely should help with subscriber retention. I'm hardly Jackson's biggest fan, yet I found myself tuning in to the dedicated channel several times during the weekend.

Buzz matters. Few are talking about the streaming application that launched through Apple's (Nasdaq: AAPL) App Store just 11 days ago. It's gone from being the second most popular free app in Apple's iTunes storefront to a still-respectable fifth. But the fadeout will continue. Rare are the apps -- among them Facebook, Pandora Music, Google (Nasdaq: GOOG) Mobile, and AT&T's (NYSE: T) account tracker -- that remain fixtures on the Top 25 list.

The app may generate new interest if Howard Stern is added, or if it takes a page out of the Netflix (Nasdaq: NFLX) playbook by making itself available at no additional cost for existing subscribers. But Sirius XM is well-served by keeping the press releases rolling, to maintain its flagship satellite-based service relevant.

Sure, Jackson and Springsteen peaked in the 1980s, but even nostalgia can be relevant. And marketable.

[setravis]

Stick with SIRI as long as it doesn't go below .30

Stick with SIRI as long as it doesn't go below .30

Got the Golden Cross...

Updated chart look...

[Protocol Guy]

JPM Research:

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updated chart look...

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updated chart look...

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updated chart look...

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updated chart look...
BreakOut

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updated chart look...
Gonna pop soon!

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updated chart scene...

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The run up...
Looking at the 2 year chart
Do you like, the Cup with Handle (continuation) pattern ?
Two of those patterns come into play on the chart...

[setravis]

Sounds like the outlook is getting stronger...

Technicals
Most Actives

Last Price Quote is:
6.38%above 13-day MA
22.19%above 50-day MA
RS Rating: 94 

Fundamentals
Earnings Expected on Feb 25

Key Data:
Market Cap (M): $3,440.76 
P/E Ratio: NA 
PEG Ratio: -0.236667 
Next Earnings: 02/25/2010
Last Analyst Rating: Buy

[setravis]

Sirius Bucks the Bears...
The break of the $1.00
The race to the dollar bill is over.

Shares of Sirius XM Radio (Nasdaq: SIRI) hit the $1 mark shortly after this morning's open. A buck may not seem like much, but this is the first time in 17 months that the satellite radio operator's stock has reached such lofty highs.

The $1 mark became an essential target for Sirius XM after it received a delisting notice last year. It has until mid-March to comply by closing above the $1 mark for 10 consecutive trading days.


52wk Range: 0.12 - 1.15
Volume: 184,443,087
Avg Vol (3m): 39,172,300

Technicals
Record Price High
Most Actives
Percentage Gainer

Last Price Quote is:
22.75%above 13-day MA
42.13%above 50-day MA
RS Rating: 96 

Fundamentals
Earnings Expected on Feb 25

Key Data:
Market Cap (M): $3,440.76 
P/E Ratio: NA 
PEG Ratio: -0.256667 
Next Earnings: 02/25/2010
Last Analyst Rating: Buy

[setravis]

Can Sirius XM Maintain Its Momentum?

NEW YORK (TheStreet) -- Sirius XM(SIRI) roared pass $1 for the first time since 2008 Wednesday, stirring up excitement among its loyal investors and prompting analysts to consider raising their price targets for the company. At the same time this much-anticipated (read: begged for, hoped for, by Sirius XM investors) has sparked significant discussion about what it all means for the company and its investors.

The consensus among Sirius XM equity analysts is that the stock's accomplishment almost, if not completely, removes the threat of the company being delisted by the NASDAQ, if it can keep it up for 10 consecutive business days. The unpalatable notion of performing a reverse stock split to prop up its prices would, in that case, become a distant memory for Sirius XM. In truth, many investors had seen the move coming. Sirius XM shares, after all had been swelling in volume before they finally broke through the critical barrier. "It's a good sign any time volumes go up in terms of demand and supply dynamics," Standard & Poor's analyst Tuna Amobi said.
Still, the psychological effect this event had had on investors is undeniable. For many, this was yet another sign that they had been right about the stock's potential all along.

Now they could also breathe a sigh of relief. "Whether or not [delisting] was an actual threat remains to be seen, but we don't even have to worry about it at this point," Jack Hain, an analyst at Barrington Research said of the delisting threat.

Amobi isn't drawing any firm conclusions about Sirius XM just yet, and says he wants more data points on the retail side of the company's business first. He notes that the company struggled on that side of the business over the last year or more and its auto OEM (original equipment manufacturers) business picked up most of the slack. How long this can keep working remains to be seen.

Hain says the diminishing significance of the retail side of the business is less a function of failure on Sirius XM's part than a shift in the company's strategy. Hain points out that Sirius XM's growth is now very much tied to the growth of the auto economy.

SIRIUS XM plans to release fourth-quarter and full-year 2009 financial and operating results on Thursday, February 25, 2010. Between now and then investors will no doubt be keeping their eyes glued on Sirius XM's stock price.

Sirius XM's stock has risen 68.7% over the past month, but whether it can keep this momentum going remains to be seen. TheStreet.com users: which direction do you think the stock is headed?

[setravis]

Some profit taking...

Can Sirius XM Maintain Its Momentum?

We will see after the 25th of this month if it drops.


52wk Range: 0.12 - 1.18
Volume: 124,280,557
Avg Vol (3m): 46,205,000

Technicals
Most Actives

Last Price Quote is:
14.71%above 13-day MA
38.79%above 50-day MA
RS Rating: 96 

Fundamentals
Earnings Expected on Feb 25

Key Data:
Market Cap (M): $4,167.35 
P/E Ratio: NA 
PEG Ratio: -0.286667 
Next Earnings: 02/25/2010
Last Analyst Rating: Buy

[setravis]

MSNBC Launches on SIRIUS XM Radio
From 'Morning Joe' in morning drive to primetime with Olbermann, Matthews and Maddow
World-class reporting, personalities, the latest issues and news available to millions of listeners


Press Release Source: SIRIUS XM Radio On Wednesday April 7, 2010, 10:00 am EDT
NEW YORK, April 7 /PRNewswire-FirstCall/ -- SIRIUS XM Radio (Nasdaq:SIRI - News) and MSNBC today announced that beginning April 12, SIRIUS XM will carry MSNBC, offering millions of subscribers across the country access to the channel's world-class reporting, full schedule of live news coverage, political analysis and award-winning documentary programming.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080819/NYTU044LOGO )

MSNBC will air on SIRIUS channel 90 and XM channel 120.

"We welcome MSNBC's dynamic lineup of shows and hosts to SIRIUS XM," said Scott Greenstein, President and Chief Content Officer, SIRIUS XM Radio. "At virtually every time of day and evening, MSNBC provides compelling and entertaining commentary and news. Now millions of listeners can stay connected via SIRIUS XM to their favorite source for news, politics, and the singular personalities of MSNBC wherever they go."

"We're thrilled to have MSNBC's programming available to SIRIUS XM's millions of listeners," said Phil Griffin, President of MSNBC.  "We know our viewers will appreciate the ability to take MSNBC with them when they're away from the TV, from 'Morning Joe' on the way to the office to our opinion programs on the way home to breaking news anytime."

The MSNBC channel on SIRIUS XM programming lineup includes:


•"Way Too Early" with Willie Geist (Monday – Friday, 5:30 am – 6:00 am ET)





•"Morning Joe" hosted by Joe Scarborough, Mika Brzezinski and Willie Geist (Monday -  Friday, 6:00 – 9:00 am ET)





•"The Daily Rundown" with Chuck Todd and Savannah Guthrie (Monday-Friday, 9:00 – 10:00 am ET)





•MSNBC Dayside (10:00 am – 1:00 pm ET and 2:00 – 4:00 pm ET daily) – live news and analysis





•"Andrea Mitchell Reports" (Monday – Friday, 1:00 – 2:00 pm ET)





•"The Dylan Ratigan Show" (Monday – Friday, 4:00 pm – 5:00 pm ET)





•"Hardball with Chris Matthews" (Monday – Friday, 5:00 – 6:00 pm ET)





•"The Ed Show" with Ed Schultz (Monday – Friday, 6:00 – 7:00 pm ET)





•"Countdown with Keith Olbermann" (Monday – Friday, 8:00 – 9:00 pm ET)





•"The Rachel Maddow Show" (Monday – Friday, 9:00 – 10:00 pm ET)




For more information visit http://www.sirius.com/, http://www.xmradio.com/ and http://www.msnbc.com/.

About SIRIUS XM Radio

SIRIUS XM Radio is America's satellite radio company delivering to subscribers commercial-free music channels, premier sports, news, talk, entertainment, and traffic and weather.

SIRIUS XM Radio has content relationships with an array of personalities and artists, including Howard Stern, Martha Stewart, Oprah Winfrey, Rosie O'Donnell, Jamie Foxx, Barbara Walters, Opie & Anthony, Bubba the Love Sponge®, Bob Edwards, Chris "Mad Dog" Russo, Jimmy Buffett, The Grateful Dead, Willie Nelson, Bob Dylan and Tom Petty. SIRIUS XM Radio is the leader in sports programming as the Official Satellite Radio Partner of the NFL, Major League Baseball®, NASCAR®, NBA, NHL®, and PGA TOUR® and major college sports.

SIRIUS XM Radio has arrangements with every major automaker. SIRIUS XM Radio products are available at shop.sirius.com and shop.xmradio.com, and at retail locations nationwide, including Best Buy, RadioShack, Wal-Mart and independent retailers.

SIRIUS XM Radio also offers SIRIUS Backseat TV, the first ever live in-vehicle rear seat entertainment featuring Nickelodeon, Disney Channel and Cartoon Network; XM NavTraffic® service for GPS navigation systems delivers real-time traffic information, including accidents and road construction, for more than 80 North American markets.

This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements include, but are not limited to, statements about future financial and operating results, the combined company's plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "will likely result," " are expected to," "anticipate," "believe," "plan," "estimate," "intend," "will," "should," "may," or words of similar meaning.  Such forward-looking statements are based upon the current beliefs and expectations of SIRIUS XM's management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond the control of SIRIUS and XM.  Actual results may differ materially from the results anticipated in these forward-looking statements. 

The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statement:  general economic conditions; our dependence upon automakers and other third parties, the substantial indebtedness of SIRIUS and XM; the useful life of our satellites; and our competitive position versus other forms of audio and video entertainment.  Additional factors that could cause SIRIUS' and XM's results to differ materially from those described in the forward-looking statements can be found in SIRIUS' Annual Report on Form 10-K for the year ended December 31, 2009 and XM's Annual Report on Form 10-K for the year ended December 31, 2009, which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov).  The information set forth herein speaks only as of the date hereof, and SIRIUS and XM disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

P-SIRI


Contact for SIRIUS XM Radio:
 
Hillary Schupf
 
212.901.6739
 
[email protected]
 


ABOUT MSNBC

Built on the worldwide resources of NBC News, MSNBC defines news for the next generation with world-class reporting and a full schedule of live news coverage, political analysis and award-winning documentary programming -- 24 hours a day, seven days a week.  MSNBC's home on the Internet is msnbc.com.