LivingInTheMatrix 👾

When are we going to wake up and realize it’s not republicans versus democrats but WE THE PEOPLE against THE SYSTEM?

@mattvanswol Will justice ever return? So tired of seeing this.

🚨#BREAKING: Ta'Nezah Austin, the person caught on video in Charlotte NC attempting to RUN OVER A POLICE OFFICER WITH HIS GUN DRAWN... ...has now just been INDICTED BY A GRAND JURY for "Assault With a Deadly Weapon" She was given just a $3,000 bond. She is walking free today.

@4thOfJuly365 Just got out of X jail for a week. What I said was no worse than many others post. Happens to me every time.

I don't expect everyone to agree with me on this, but I believe X really needs to give a final warning before they decide to suspend an account.

@honeyybomb Please keep them.

76 trans Americans ditched the US for Trump's 'tyranny'... and fled straight into Dutch refugee camps. Zero asylum granted. Sleeping in tents and sleeping bags, conditions they call worse than American prisons. The grass wasn't greener 😏

@IfindRetards It’s a tie.

Who is more retarded?

Never forget why we celebrate Easter🙏❤️

@0hour1 Bring it back.

Old West people didn't do criminal shit because they went to court and their sentence was carried out within a day. No appeal People knew better than to break a law that carried the death penalty. Because it was swift and just.

@Hunter_Eagleman 😂

All women should know how to make a sandwich! 🥪

@mattvanswol @EndWokeness Useless they are criminals.

@EndWokeness I have had a change of heart on the immigration issue. I do not think we should be taking in any legal migrants at all until we have fully deported all illegal aliens. Order has to come first, and right now... we are still cleaning house. This is just my personal view.

Japan rejects 98% of refugee claims and it is still too much for them. I kneel.

@EthansAnalyst @alt_w_v_g Thanks, but I’m going to need confirmation from the boss man @alt_w_v_g or @MrsEthanBrooks before I give a follow. BTW- I’m rooting for your promotion. 🫡

@UpDownCoaster @alt_w_v_g Verified internally

Ran some diligence on SiriusXM this weekend Not because anyone asked Because my 14-year-old nephew connected his phone to my car via Bluetooth, played a Spotify playlist, and asked me what the "SXM" button was for I didn't have an answer So I pulled the 10-K SiriusXM is an $8.56B revenue company with nearly $10B in debt and a $7.4B market cap Read that again The debt is larger than the company Their business model, simplified: 1. Pay automakers to install radios nobody asked for 2. Give every new car buyer a free trial they didn't request 3. Hope they forget to cancel 4. Charge them $25.99/month for something their phone does for $10.99 That's it. That's the model. They have 33M subscribers. Sounds impressive until they lost 301,000 self-pay subscribers last year. And hundreds of thousands the year before that. Revenue has declined three consecutive years The average subscriber is 35-64, male, household income over $150K. Over half have been paying for 10+ years. These aren't loyal customers These are people whose spouses haven't noticed the $25.99 charge on the Amex yet The crown jewel of the portfolio is Howard Stern. They pay him roughly $100M a year. He works three days a week. His show averages 125K daily listeners. That's $800 per listener per year My analyst did the math three times because he thought he was wrong He wasn't For that price, you could buy each listener a Spotify family plan, an Audible subscription, and still have enough left for AirPods Speaking of Spotify. Nearly 290M premium subscribers. Growing double digits. $10.99/month. Available on every device ever made. SiriusXM. 33M subscribers. Shrinking. $25.99/month. Requires a satellite. Spotify's full-year revenue grew 19%. SiriusXM's declined 2%. Spotify trades at 74x earnings. SiriusXM trades at 5x. The market is not confused about which direction these businesses are headed Their growth strategy is called the "trial funnel." There are 7.3M people driving cars with free SiriusXM trials. The conversion rate is not publicly disclosed. Probably because it's embarrassing They have 180M "enabled vehicles" in the U.S. They have 33M subscribers. That's an 18% attach rate on hardware they already paid to install. 82% of the cars with their radios in them are generating zero revenue In any other industry an 18% hit rate gets you fired In satellite radio, it gets you a seat on the NYSE Adjusted EBITDA margin is 31%. Looks healthy. Until you realize "adjusted" is doing a LOT of heavy lifting in a company that posted a $2.08B net loss the year prior. Adjusted EBITDA was $2.73B that same year The distance between those two numbers is called addbacks And they're working overtime 2026 guidance: flat revenue, flat EBITDA, slightly fewer subscribers. The CEO called this stability and meaningful progress. On Wall Street, we call this managed decline Warren Buffett owns 35.4% of this company. This is the most confusing part. The man who said "be fearful when others are greedy" bought a satellite radio company in the age of Bluetooth. His entry was a Liberty Media arb play that accidentally became a long-term hold. The stock is down over 50% from its highs. I don't know why he's still in. You don't know why. His shareholders definitely don't know why. The bull thesis: SiriusXM has 33M people who have been paying $15/month for a decade and have no plans to stop. That's $6B in recurring revenue from people who may not even remember they're subscribed. Churn is 1.5%. Lower than most SaaS companies. The bear thesis: Every teenager alive today has never used a car radio Both are probably right SiriusXM's competitive moat is not content. It's not technology. It's not brand. It's the 47 minutes it takes to cancel over the phone SiriusXM isn't a bad company. It's a case study in what happens when your moat is consumer apathy and your growth strategy requires General Motors. Plz fix. Thx. Sent from my iPhone

@alt_w_v_g Is @EthansAnalyst legit?

I'm getting so tired of the bots impersonating me I'm once again telling you I will never, ever provide a link Don't ever click on one It’s obvious to me but it's spam and have had several people DM me after they clicked

@BuzzPatterson 🤞

It’s starting. Newsom is going down.

@ScopeFPS_ Exactly 👍🏻

What Jesus says about homosexuality or any other sin is the end of the discussion. He is Lord of lords and King of kings. Your opinion about it doesn’t matter.

@PinoAmericano Happening because the people overseeing it are in on it. They get their piece of the pie. We get robbed.

You know what I don’t understand about all of this fraud… we have systems in place to catch it before it happens, or at least before it snowballs. However, every story is millions or billions in fraud. How does that happen?

@alt_w_v_g Yes, from one extreme to the other. 🤦‍♀️

9 digits of pi to navigate 240,000 miles of space within a meter of precision. And the drive through still gets my order wrong 9 out of 10 times. Let that sink in.

@nancy_hamm1 I support this. America needs all the Christian values we can get.

🚨Atheists are DEMANDING In-n-Out Burger, remove the Bible verses from their packaging. Owner, Lynsi Snyder, refuses and says the verses reflect her family's Christian values. Critics call the verses "exclusionary." Is Snyder being "exclusionary" or do you support her? ✝️

@EricLDaugh 🙌

🚨 JUST IN: JD Vance CONFIRMS the Trump admin has abolished the Biden admin rule that legalized SOME fraud if it's "small enough" Fraud prosecutor AAG Colin McDonald will now target any and ALL fraud, anywhere, no matter how big or small GOOD! 🔥

@Old_SchoolEddie Me too. 🙏

I don't need Jesus just on Easter and Christmas. I need Him 7 days a week, 365 days a year. I'm not afraid to say it.

@mrddmia @tlynno The judge should be held accountable for this mis-justice.

🚨 The Colorado Court of Appeals confirms what we’ve said for years: Mesa County District Court Judge Matthew Barrett illegally persecuted Tina Peters for her First Amendment-protected political views. 9 years in prison. For a 69-year-old woman. Because Barrett didn’t like her political views. Barrett is a garbage human being. He shouldn’t be on the bench. He should be in prison. coloradojudicial.gov/system/files/o…

@614clinton I think it is demons invading the minds of lost people. The devil likes to destroy lives.

Do you think being transgender is a mental illness?