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Sirius Stock Price - WTF
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| Sirius Stock Price - WTF
- Click HERE to go to the original thread with graphics
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| fullstonerefect |
| I really do not get it, and I appoligize if this topic has been done to deatch, but what the fuck? After all of the good news that came out regarding Sirius subscriptions and how they blew away XM, the stock is down 5%, when the entire market is way up. When Howard signed on, the stock jumped based on his 'expected' draw. He has more than delivered, so why is it still in the shitter? |
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| havoc |
| cuz sirius aint be makin no money so fools dont wanna buy the stock |
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| zane |
Quote: Originally posted by zane
buy buy buy! |
get in cheap... the will make headway after a couple more years! |
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| bdbx18 |
Predicting short-term stock price movements is akin to predicting which freeway lane will be faster.
That's the general rule (10%) and then there are the exceptions (90%).
Long-term predictions are more in line with expectations. |
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| jerrybobphil |
| The company is still losing tons of money |
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| LonghornJ |
Word on Wall Street is that Clear Channel is positioning for a hostile takeover...
Blue Horseshoe loves Sirius...
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| SteelRat |
It was a sluggish sales quarter for both companies with the gas price effect and all. Sirius’s numbers are about what was expected, and they only look good because XM’s are so bad. XM doing that badly only serves to drag down the sector, even when Sirius outshines them.
Overall, investors are no longer as excited about trading on promise with these stocks and are waiting for the day these companies actually turn at least a positive cash flow. |
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| w00dyee |
| Look at the cost per new sub. That is one of the issues. They are giving away subs with new cars with Sirius. The sub # looks good, but they aren't paying customers. |
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| gutterkizmet |
hey full stonereffect ... the jfuse page in your signature has a trojan on it - mcafee went nuts when i went to the page....
As far as sirius stock being down ... it is because the company bleeds cash and there are so many shares outstanding and so much volume that it takes something huge to push the stock up.
Beyond that - many mutual funds are prohibited from buying stocks under $4 a share so that stops a lot of funds from taking a position |
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| Tig Wizard |
| Once Sirius turns a profit for a couple of quarters, the stock should go up. When the company is profitable, big investors are more likely to invest. Buy now and be patient. |
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| Chewy |
| At the rate its been dropping it should be down to less than $2 by summer 2007. If that happens I'll probably take a gamle on it. |
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