SATWAVES

The Truth Revealed About Sirius XM, Goldman Sachs & Naked Short Selling

By Brandon Matthews Summer is over, and with its end comes renewed interest in the issue of naked short selling as the U.S. Securities & Exchange Commission (SEC) takes up the issue once again at the urging of Congress. Back in January, there was talk of reinstating the uptick rule, which fell by the wayside for the last 10 months as the SEC has postponed and delayed every attempt to return the rule since, as firms such as Goldman Sachs protest its return. It begs the question of whether ...

As Sirius Proves Its Profit Potential, Jim Cramer Proves An Agenda

By Brandon Matthews For those that are having a hard time understanding the recent run up in shares of Sirius XM Radio's (SIRI) common stock over the past week, allow me to point out the obvious. Recent 10Q  filings from Sirius XM Radio reveal a rather amazing fact, that cannot be ignored unless of course, the writer in question or CNBC host happens to have an agenda or is so inept at what they do, that they shouldn't be doing it. More on that in a moment. A quick check of the filings of Siri...

Cash for Clunkers = Cash for Sirius XM (SIRI)

By Demian Russian No matter how the government's "Cash for Clunkers" program's success is spun, in the short or long term, there is no question that it will benefit Sirius XM's (SIRI) continued growth into the future. Simply stated: More OEM sales mean more subscribers for Sirius XM. Older vehicles, sporting only AM/FM terrestrial radios, are being hauled off by the truckload to the nation's wrecking yards to be crushed and recycled. With Sirius XM's penetration rates continuing to accelerate i...

The Uselessness Of The Securities & Exchange Commission

By Brandon Matthews It's as if we have all woken up to find ourselves in the deepest, darkest reaches of the twilight zone. Since the premiere of the movie Stock Shock, millions of people have now begun to ask why, as if no one had been asking before.  The reality is that investors have been asking, but it is only until now that those cries of foul have stopped falling on deaf ears. It has been seven months of inaction by the Securities & Exchange Commission in reinstating the uptick r...

Applying Matt Taibbi’s Goldman Sachs Article To Sirius XM

By Brandon Matthews The date was March 16,2009. Sirius XM (SIRI) announced that its bankruptcy, that many investors suspected had been intentionally orchestrated by the likes of Charles Ergen of DISH Network (DISH) by means of a take-down orchestrated by Goldman Sachs (GS), had been averted due to a last minute helping hand from John Malone's, Liberty Capital (LCAPA). The stock reached a high of .37 on March 18, after having been as low as a nickel, which had been caused by the attack of t...