the subscriber transaction that he hoped to have by this time, john malone sees some value there. do you at this point? >> i totally disagree with this there are 22 million subscribers right now. it's a very good business. it's like cable in the 1970s. 40 million cars on the road with it, going to 140 over the next ten years. they are double their ebitda and trending at an 8% free cash flow yield and it's a tok you have to own and i think the selloff has been prompted by the liberty bid. it's a great entry opportunity. >> let's start with the selloff, carter. would you buy it at these levels right now? >> we're not particularly sanguine on this one. it's not exactly and right now and at the 250 level, in terms of the lon der term chart, it's not random where it happens. and now there's a chance to get the money back. a lot of unhappy people who have sold into this and we're hovering precariously on this trend line here and we say, leave this alone. >> all right. keep an eye on that. we'll see whether john can get control of it or not. thank you for joining us today on talking numb

so to speak, or certainly would not have a controlled shareholder any longer in liberty run by john malonee what happens. again, not an urgency here in that sense but with the contract expiring, he does have a change in control vesting on options that are worth an enormous amount of money. he's going to be a beneficiary one way or the other. one thing i can tell you, highly unlikely that given the prevalence of net operating losses, cirrus would want to do that but they are going to use the operating losses for itself because it's anticipated in the next year or two. >> thank you so much for joining us. david faber there. >> thank you for watching "street signs". >>> "closing bell" is coming up next. next. typhoon! first prize! it's a cheese grater. wooooo... this isn't scary. are you kidding me? look at that picture of your mom's hair from the '80s. there's an easier way to save. wooohooo... geico. fifteen minutes could save you fifteen percent or more on car insurance. tdd# 1-800-345-2550 you and your money deserve. tdd# 1-800-345-2550 at charles schwab, that means taking a close look at

there's a fight brewing there between sirius and its significant holder, john malone.his gives a little more ammunition, so to speak. but that stock is watching by shareholders. i like son-in-law of the tweets yesterday in the wake of the barnes and noble story. what a mistake it can be to bet against malone long term. >> there are a lot of others well above their conversion price on the convert that they got. of course, partners is just a few weeks. by the way, not giving up anything this morning. >> when we come back, gm auto sales set to be released in just a few moments. gm's vice sales will talk to us about the numbers as soon as they're released. and, of course, don't miss the exclusive interviews with charles evans and dennis lockhart who is off the reservation. a lot more squawk on the street is still ahead. recently, students from 31 countries took part in a science test. the top academic performers surprised some people. so did the country that came in 17th place. let's raise the bar and elevate our academic standards. let's do what's best for our students-by