June 26,2006 Satellite Standard likes to keep you informed. In this case, I call it "dodging bullets", ie, knowing what the press and analysts are saying, thus, informed investors can determine which events alter their investment strategy.
Jim Cramer mentions satellite radio almost compulsively on his shows. Here is a list which goes back just a few weeks.
Jim Cramer's Lightning RoundCramer's 'Mad Money Lightning Round': Hanging Up the Phones 6/23/2006 7:47 PM EDT "Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Friday evening: Sirius: "My range is $3.50 to $4.50. You're bumping up against the top of my range. I don't want to touch it. I don't want to touch XMSR either."
6/19/2006 In another sector, Cramer said, shares of the two main satellite radio companies remain "hideously overvalued," but if forced to choose, go long Sirius (SIRI:Nasdaq - news - research - Cramer's Take) and short XM (XMSR:Nasdaq - news - research - Cramer's Take).
On the very same day 6/19/2006 Jim Cramer's Stop Trading! Tech Ideas 6/19/2006 3:46 PM EDT In another sector, Cramer said, shares of the two main satellite radio companies remain "hideously overvalued," but if forced to choose, go long Sirius (SIRI:Nasdaq - commentary - research - Cramer's Take) and short XM (XMSR:Nasdaq - commentary - research - Cramer's Take).
6/16/2006 Sirius: "Mel Karmazin has not missed a single benchmark. ... It doesn't matter, Sirius is not going anywhere. I'd stick with Mel and not the stock."
Jim Cramer's Stop Trading! Radio Sweethearts 6/13/2006 3:42 PM EDT Sirius (SIRI) is wrongly tarred with XM Satellite's (XMSR) brush, Jim Cramer said on CNBC's "Stop Trading!" segment Tuesday. "Maybe the good trade here is to go long Sirius and short XM," he said. Sirius "has met every target," while XM has missed every one. "In this market, what's bad for XM is bad for Sirius, even if it shouldn't be."
Cramer's 'Mad Money Lightning Round': No Fling With the King 6/9/2006 7:22 PM EDT Sirius: "I'm having breakfast with [CEO] Mel Karmazin next week. And you know what my late grandmother said, 'Never say a bad word about someone. Just keep your mouth shut.' "
5/31/2006 RealMoney Radio Recap: Technically Speaking "He said that it makes sense that Sirius Satellite Radio (SIRI) is beating out XM Satellite Radio (XMSR), given the fact that XM dramatically missed its most recent quarterly estimates. Plus, Sirius is run by Mel Karmazin, who Cramer called "money in the bank." Now that the stock is near $4, he said that he is more bullish on it, but that he would ring the register once it hit $5 or $6. |