By Steve Garcia

Today was a day that reminded me just how predatory and evil some Wall Street movers and shakers can be. The negative slant and bias regarding SIRIUS XM and its stock was out there in all its glory with no less than 8..yes that’s correct 8 articles out of 10 bookmarked on YAHOO….all spewing negatives about SIRIUS XM. You’d think it was the only stock in the world that traded with that type of coverage; coverage by the way from Jim Cramer’s own thestreet.com (TSCM) and Realmoney. Take a look for yourself;

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By Relmor Demitrius

Welcome back today for part 2 of the King of all Trades earnings preview in advance of Sirius XM Radio’s (NASDAQ: SIRI) third quarter conference call, which is taking place on the 5^th of November.  In case you missed Part 1, you can find that article here – Sirius XM Radio Q3 Earnings Preview #1.

As Sirius XM entered into the last half of the year, Mel Karmazin, CEO of Sirius XM radio, had given us a $400 million EBITDA guidance, and Sirius XM has only realized about half of this amount in the first two quarters.  Q3 being a traditionally cost heavy quarter (costs increases in Q3 results from charging a large amount of chip related costs, and inventory creation), there are few expecting any EBITDA additions to Mel’s yearly guidance (I think we get some anyway).  Q4, a revenue intensive quarter that should allow Sirius XM to post its first ever fully adjusted profits in its history (Free cash flow has already been achieved).  Mr. Karmazin has alluded that the company will be FCF (free cash flow) positive for the entire year for 2009.  In between this potentially historic earnings report and now is a Q3 that should still show significant improvements in becoming a profitable entity, and allowing Sirius XM to enter 2010 as a potential cash machine for the first time in its long and troubled history.  Sirius XM appears to be finally turning the corner after always being underwater with huge start up costs (infrastructure, satellites, licenses, talent acquisitions, paying forward for future subscribers off the backs of current subscribers, etc..).  Let’s take a look now at the numbers. (more…)

By Relmor Demitrius

In this preview of the much anticipated Sirius XM Radio (NASDAQ: SIRI) Q3 Conference Call, I will address what many investors feel will be important factors in determining whether Sirius XM’s third quarter results are considered a success, neutral, or if it has points of concern.  In analyzing any company’s balance sheet, a clear history of their past performances compared to current results is important.  Apple (NASDAQ: AAPL) making $1 a share is considered a failure, while Sirius XM making $1 a share would be considered the biggest financial turnaround in the history of the market.  It’s all perspective. A wise man once said, perception is reality.

This is mostly true, but a more important factor is whose perception of reality we should be concerned with here.  Retail investors?  Retail investors do control to a degree short term price movements on high volume, this is true, but for true value and sustained gains  most experienced investors know its big money that moves the markets.  Especially any one stock.  Huge institutional interest (Sirius XM did indeed gain a higher percentage of ownership through institutions from Q1 to Q2, and I would expect this to be a trend as long as the stock price is low and the company continues to improve) moves stocks and keeps them stable investment vehicles. (more…)

By Relmor Demitrius

On September 15th, 2009, Greg Maffei of Liberty Media Corporation presented at the Goldman Sachs Communacopia in New York. Not much fanfare came from this presentation from Maffei for Sirius XM Radio (SIRI) investors, but maybe that was an oversight. Lost in the more seemingly important Liberty Investors Conference this month, and Sirius XM Radio’s own conference call coming very shortly, one might have missed some interesting and fascinating comments from one of the more powerful and important influences on Sirius XM, Greg Maffei. In case anyone is wondering who Greg Maffei is, a quick look into his past accomplishments and credentials is in order before going forward.

Greg Maffei is currently the President and CEO of all three Liberty Holding Companies, Liberty Capital (LCAPB), Liberty Entertainment (LMDIA), and Liberty Interactive (LINTA).

Liberty Capital includes Liberty’s holdings in Sirius XM Radio (SIRI), Viacom (VIA), Time/Warner (TWX), and Sprint Nextel (S).

Liberty Entertainment is where DIRECTV is held.

Liberty Interactive is where they hold QVC and a lot of their internet companies.

Greg Maffei discussed all of Liberty’s divisions during his presentation, but the commonality in all of Liberty’s interests is Greg Maffei himself and his background is truly impressive.

Maffei is currently on boards with Electronic Arts, DIRECTV, and Sirius XM Radio.  He has held the  position of Chief Finance Officer at Oracle, Chairman and CEO of 360 Networks, and a CFO of Microsoft as well. His resume is extensive, having been involved with many industry leaders in the past. This man has attached (more…)