SixtoReport: D12 Satellite Info in Post#1 - Live!

Discussion in 'DIRECTV General Discussion' started by Sixto, Jul 27, 2008.

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  1. Apr 19, 2010 #6581 of 10270
    Athlon646464

    Athlon646464 Yada Yada Yada DBSTalk Gold Club

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    The SEC rules are what they are. It's not a matter of degree. Any use of any info, even a 'little leak' on a publicly traded company by someone deemed to be an insider (like an employee in the know) could be illegal.

    If the precise condition of the satellite is not known, then it would be wrong for them to say anything, other than exactly that if they have not met a date promised to investors in the last call.
     
  2. Apr 19, 2010 #6582 of 10270
    LameLefty

    LameLefty I used to be a rocket scientist

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    Pffffft. Of course it's not. It's under a volcano in the South Pacific.
     
  3. Apr 19, 2010 #6583 of 10270
    BudShark

    BudShark New Member

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    But I think you are putting too much stock into his post. He didn't confirm or deny anything. He posted a little saying. Now, in the context of that little saying, and where he posted it, we can assume he meant D12 will be live in or around May, of course, subject to change.

    Considering, the on record statement to the investors from DirecTV is 2nd quarter... he didn't exactly drop earth shattering news. And considering he made no comment about D12, he didn't break any rules.

    So at the end of the day, we now know Satracer likes childrens rhymes, is big into Seinfeld, and DirecTV has last publicly stated D12 will serve up new HD in 2nd Quarter 2010.

    Lets not try to make this into an SEC investigation when its not even close.
     
  4. Apr 19, 2010 #6584 of 10270
    James Long

    James Long Ready for Uplink! Staff Member Super Moderator

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    Insider trading is generally done behind the scenes ... If I was and insider and told you something privately about a company that allowed you to turn a stock profit or made a trade for myself there would be trouble. But public statements? Not insider trading.

    Public statements would be more of a violation of a company's internal confidentiality agreements. I trust that those who say things know the policy and know what not to say.

    The third problem would be manipulation. If someone were to spread a rumor to change a stock price so they could make a profit on the later discovered reality there would be a problem. Theoretically someone saying "everything's fine" while they sell their stock could be insider trading but someone encouraging people to sell low on a rumor would be more of a manipulation.
     
  5. Apr 19, 2010 #6585 of 10270
    Athlon646464

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    I think one of us is misinterpreting something (could be me). I was speaking only to Sunking's comment about releasing a 'little bit' of info. Sorry for any confusion.
     
  6. Apr 19, 2010 #6586 of 10270
    damondlt

    damondlt New Member

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    Newfoundland...
    You must not know pike county to well then.
    2008 Poulation was 59,664
     
  7. Apr 19, 2010 #6587 of 10270
    SteveHas

    SteveHas Hall of Fame

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    I have been told that all is ok with D12, by a good source

    I am now leaving this thread for good to wait for Festivus
     
  8. Apr 19, 2010 #6588 of 10270
    damondlt

    damondlt New Member

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    I wish that made me feel better.
     
  9. Apr 19, 2010 #6589 of 10270
    Hoosier205

    Hoosier205 Active Member

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    Why wouldn't you feel better? Satelliteracer has spoken. Festivus in May.
     
  10. Apr 19, 2010 #6590 of 10270
    Hdhead

    Hdhead Hall Of Fame

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    Look what D* stock did today after Satracer's prophetic comment. :hurah:

    http://finance.yahoo.com/echarts?s=...=on;ohlcvalues=0;logscale=on;source=undefined
     
  11. Apr 19, 2010 #6591 of 10270
    damondlt

    damondlt New Member

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    Newfoundland...
    Promise?
     
  12. Apr 19, 2010 #6592 of 10270
    Hoosier205

    Hoosier205 Active Member

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    He wouldn't have said it if it wasn't true. It's part of what he does here.
     
  13. Apr 19, 2010 #6593 of 10270
    damondlt

    damondlt New Member

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    I'm holding you guys to this.:grin:
     
  14. Apr 19, 2010 #6594 of 10270
    Hoosier205

    Hoosier205 Active Member

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    Go for it :D
     
  15. Apr 19, 2010 #6595 of 10270
    cebbigh

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    Frostbite Falls
    I saw on a previous post that D10 took a couple of weeks for final testing after it arrived at 103. Is that typical or was it prolonged because of issues with the spots? Is approx 5 weeks what we should expect between the time drift begins and D12 goes "live"?
     
  16. Apr 19, 2010 #6596 of 10270
    cartrivision

    cartrivision Hall Of Fame

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    What are you talking about? There was no "leak" of unknown "inside" information... not even a little one.

    Just three days ago, as part of their required disclosure related to a public offering of three billion dollars worth of securities, DIRECTV filed this document (link) with the Securities and Exchange commision in which they said, "In the second quarter of 2010, we expect to further expand our offering of HD channels when the recently launched DIRECTV 12 satellite begins operations."

    The status of D12 doesn't get any clearer or any less "insider" than that.
     
  17. Apr 19, 2010 #6597 of 10270
    Coca Cola Kid

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    April showers? that must be code for the sky is falling!
     
  18. Apr 19, 2010 #6598 of 10270
    tonyd79

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    IIRC, that was also a move to a new location as well as the addition of national MPEG4. More stuff to work out and test. We got to test some of it through some unpublished channels at the time. It was an adventure. It was fun. Not at all like this thread has been. :)
     
  19. Apr 19, 2010 #6599 of 10270
    oldfantom

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    According to SEC, there is a component to insider trading missing in all this. Trading. It would be insider trading if SatRacer shorted the stock knowing something bad happened. Saying something good (or bad) in a public forum is actually the antithesis of insider trading. It would actually be more along the lines of breaching company secrets.

    But this is probably not the place for this discussion. The long and short. What is said is said by the racer is cleared. But then again, he isn't saying much. He never says anything definitive until the very last minute.
     
  20. Apr 19, 2010 #6600 of 10270
    cebbigh

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    Frostbite Falls
    How long did it take for final testing on D11?
     
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