Originally Posted by
bababoooie
Caution: This comment contains negative content. This is purly speculative and is not intended to influence stock price.
Now that the legal department is taken care of...LOL
Well...1Q is almost gone... From what Auto sales numbers have been announced, Sirius will see a drop in subscribers due the lousy numbers. As long as Auto's have double digit drop, Sirius will feel it!
On the bright side!! This can't last much longer. Cars fall apart! Based on Auto sales trends, the US had over 6M extra vehicles on the road prior to the last two years of downturn. It appears that the adjustment has been made, credit is becoming available and people are slowly starting to buy again.
IMHO Seeing .80 by year end is a possibility.