I hope I'm not speaking too soon, but I was expecting an attempt at a take down to mid .4's again at market open but it is holding up real well around .54.
I think we may see that slow climb during the day to .60
new investors likely to enter now
yeah sxm i was expecting anything at open, looking good so far, nice and stable.
if you want out get out looks like a take down, (im no professional) guess i don't retire today...
holy crap....it's tanking now....weird.....buying opportunity!Originally Posted by imromo24
What the f*uk just happened???? .54 to .40 on the drop of a dime???
wow ther waqs the take down, can get in low .40's again
I would say get ready to buy. They are bring it down and we will have a window of opportunity.
Woke up at 1:30am to catch the CC at 2am...
So we hit a bottom on the price last quarter. With this CC have we finally hit the bottom as far as general SIRI expectations go? Mel said they are only planning for 9 million car sales and that Chrysler will affect them somewhat. Obviously one of the worst economic periods ever. Given where the SP is currently, it appears the Street feels the worst is over... or at least we are in it now, yet executing well.
Lets hope they get that Iphone app out and start marketing soon. Maybe that MLB rumour will finally come to fruition.
I'm still amazed that a CEO of a media company can sound as bad as Mel does on a conference call. It's quite painful to listen too. That third guys as well.
I've been trying to court the sell button and was definitely flirting with her this morning, but I keep getting rebuffed. She gave me a sniff a couple months back when it was at .15, but I had to go running back in shame to the welcoming arms of the buy button as the SP hit .17 and never looked back.
now to try and get a couple hours of shuteye.
people talked about a gap when we started moving up, i think it just got filled, it was at .40
I dont know I think people will start to realize SIRIXM can be profitable with the subscribers they already have. That in this economy the sub loss was to be expected, The fact is was it all that bad when they had that to deal with plus the increase in rates, Idont think so. The thing is we have not even seen the effect of the rate increase to the bottom line yet. That will become more clear in the next quarter. My belief is that while this quarter showed they will become profitable, the next quarter will show just how profitable and how fast. Not bad considering there is going to be some increase in OEMs sales sooner or later, (people are not going to just give up driving and take the bus).
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