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6 pts

Opinion on  Sirius Satellite Radio Inc (SIRI)     Sector: Services  >  Industry: Broadcasting & Cable TV
Insight on the Merger from the Love Sponge

Dec 11, 2007 04:57 PM GMT
Boots
Return Risk
-7.14% HIGH
Associate


So,... Bubba the Love Sponge is a Sirius DJ who was fired from lots of terrestrial radio stations before ending up on Sirius (on Howard Sterns secondary Sirius channel 101). He's got quite the following despite his white trash programming. (If you think Stern is crass, you should hear this fat bastard).

Anyway, he has been negotiating with Sirius because his contract had recently expired and was trying to get a fat raise since his ratings are a close second to stern in the world of satellite radio.He recently signed a ! YEAR DEAL for the same money he signed for originally ( He most likely could sign a big$$ deal in terrestrial since all the radio stars have evaporated or moved to satellite. He was being interviewed on the Stern show and was asked why he would settle for the same dough for such a short deal, and responded that management made him a deal based on AFTER the merger, which would occur within the ONE YEAR contract term.

I figure if this greedy fat bastard has faith in the one year time-line, then thats good enough for me. Look for this stock to at least double within 12 months.

Should be some good swing plays between now and then, lord knows i've been swinging the shit out of it for months with some significant success.


SIRI:  This call was made on 12/11/07 @ $3.59
Rating:   Positive   $3.59 (12/11/07)
Closed:   12/11/2007 @ $3.55 (-1.11% in 7 hours)
Target:   $11.00 (+206.41%) in > one year
Allocation:   57.9% of portfolio


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xiao li   N/A     1 point   commented 343 days ago reply

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