I'm planning on this being a quick turn around hopefully!
And Good Morning to you too Bill!
Good Morning All,
Im a bit surprised the markets are open today...Happy Veterans Day!!!!
Lets not forget those that have fought for this great nation and for those that are still out there in harms way.
Im sure we have a few vets on here...My family and I thank you for your service to our country!!!!
Now back to the issues at hand....looks like you can still get OCNF cheap today.
QASP even cheaper
Oh ya, here with go with the upgrade...
Standard & Poor's Ratings Services boosted its outlook on Sirius XM Radio Inc. (SIRI) to positive from stable amid the satellite-radio concern's improved third-quarter results.
The heavily indebted company was facing bankruptcy early this year because of its leverage level, but a deal with Liberty Media Corp. forestalled that possibility.
S&P has Sirius XM at B-, the last step before highly speculative territory. In its outlook change, the credit rater highlighted cost savings from Sirius's acquisition last year of larger rival XM.
In the latest quarter, total subscribers fell 2.1% from a year earlier to 18.5 million while net new subscribers slumped 70% to 102,295. Churn, or the rate of monthly customer losses, rose to 2% from 1.7% for self-pay customers. Average revenue per subscriber, an important industry measure, rose 3.4% while costs associated with adding new subscribers fell 6.8% per subscriber.
Shares were recently up a penny at 63 cents.
-By Kevin Kingsbury, Dow Jones Newswires; 212-416-2354; firstname.lastname@example.org
Are you going to hold OCNF or try and buy/sell to pick their pockets!
I am up 17% but must hold until Fri or risk getting bitch slapped by Etrade...non margin acct!
Dr Dave/Bass any insight where a good exit point is according to the charts!
thanks for the exit points. Were those for Siri? I was asking about OCNF...but have quite a bit of Siri so that worked!
I think that with the Barringtons increased price target of 1.25 combined with S&P raising to positive from stable...and new ad campaign coming next week...I think I will let it ride and maybe take some "profits" along the way!
Last edited by just sirius; 11-11-2009 at 11:31 PM. Reason: F/U