If one was following the stock, no names mentioned, they MAY have noticed that Sirius hasnt responded to huge up days since premerger. Why? Still a spec play. When the market goes up, the big movers move first, then the stragglers. Spec stocks will not lead the market up. They will lead the market DOWN however!!!
Yup. True. If we get over a buck, we become less of a spec stock. And that goes hand in hand with attaining solid financials. Even with huge debt, that can be achieved, as long as they reduce cost significantly and can start adding subs anyway possible. That's a growth and road to profit story that will move this stock UP. But, no easy task and it's up to SXM mgmt to execute. Let's hope they do!
well it looks like for today at least the anaylsts did their job and scared enough buyers off to keep it flat.
Yeah,lets see if they get that 500k order at .35 through,it sitting there all day.
yeah, but it may get crazy within the last 10 minutes again...
Twitter, Facebook, and last.fm coming to xbox live. Still no Sirius XM
http://www.techcrunch.com/2009/06/01...-live-twitter/
Charles LaRocca
SiriusBuzz Founder
come on SIRI, hold in the Green baby. 7 minutes to go. Of course after hours, but you get the picture.
Last edited by Gallep; 06-01-2009 at 03:58 PM. Reason: I dunt spell tooo good