Think Siri long but not "too" long. I figure if Stern retires, he makes the announcement 6 to 8 months in advance. That would be 6 to 8 months from now. Once Stern goes, so do subscriptions by the millions. Just something to keep in mind in the long term view.
I disagree. Also stern won't leave completely! IMO
How about this jon, think of your favorite tv show. Now it is being canceled, would you drop your premium cable provider to go back to rabbit ears?
to many up days too fast. i am expecting some profit taking in the morning and a recovery to .50... .50 is a pyscological price point. we will be lucky on Monday if the price closes at .50. if it does then we can expect some more consolidation before a move high. on the way down .50 to .60 had little staying power. we need some upgrades too move higher.
good luck
LOL. My opinion, Stern won't leave, why would he? By the timeOriginally Posted by Hopeful
his contract is up Sirius will be bigger than ever, why would he leave
the only game in town. Not too long ago he discussed celebrities that
left hit shows and went into obscurity. Same with Stern, his ego is too
big, where would he go? And like Hopeful said, initially people may have
followed Stern to Sirius but once they got there most realize Sirius
is a lot more than just him. I would imagine he realizes that too.
Julie
Julie, 13 % is terrible and if you consider the goverment is always lying about these numbers, it's probably even higher. But I really believe we are going to see a turnaround, real estate here in NM or Westteaxas is still doing good, but there is no credit. I did sell two homes last month with owner financing, both buyers with great jobs and income, but couldn't even get into the banks door. What is your experience ? I strongly believe with credit this crisis is over.
Thanks Tripp. I just heard on the news Michigan has 13% unemployment!!
So many houses for sale, lots of foreclosures. Friends of mine, I went to
their wedding a year ago, purchased a beautiful home. They didn't even
make their first mortgage payment and he lost his job.Now they
may lose it, he's been unable to find anything.
But, on a brighter note, there is small signs things are picking up.
Like I said earlier, I am very observant, and can see people are spending
more as well as contractors are picking up jobs etc. Dealing with money
as I do, I get a real sense of what's going on with my customers.
Plus you can imagine how many questions I ask. LOL
Julie
Hi Daniel,
You are probably right about the numbers being even higher than 13%.
It really seems as though everyone I know has been affected by unemployment one way or another. Either they, themselves are unemployed
or a family member is. Certain areas, it almost seems like every other
home is for sale. A neighbor listed her home last year for aprox $260,000,
she has reduced it to $130,000, half of what it was!
One of my customers, a real estate broker, told me last week, mortgage
companies were changing the rules daily about financing. She said this
was causing difficulties with her clients, they were getting upset with her.
The people who seem to be benefiting from this, as you know, are the
first time home buyers, with the incentives and credits.
Financing for auto loans must be getting easier as I mentioned earlier,
by the size of the dealerships deposits.
This recovery needs to move faster.
RickF
In the grand scheme of things, we are all small potatoes. Most here started where you are and got sucked in deeper than we would have liked to be. Had to avg down to ever see a return on investment.
Many of us are starting to see light at the end of the tunnel.
Good strategy. Sell when you can recoup your initial investment and let the rest ride...Play with house money!
Julietoo
Great observation on the new car sales in that great state of yours!!!!
BTW- when you make enough on your sirius investment to retire from the banking business...You would make a great Home Health Social Worker!!!
You are right, you must be a great listener. Many of my patients just need someone to talk to...someone to interact with face to face. Many times, I will be the only person that they see the whole week. Pretty depressing! However, after getting to know them, some of their stories are fascinating!
I have found using humor and getting them to laugh, can be great for their mental state. Many of them really have nothing to laugh about, but I'm just goofy enough to get them to let their guard down and laugh alittle!!
Have a great trading week!!
