Looking like the 100 day @ 3.32 was good enough to support us for today
I am disappointed in SiriusXM. SiriusXM should stand for radio you can't get elsewhere. Instead they are politically correct and fire some guy named Anthony. Makes for news. Anthony's fans are in an uproar - as well they should be. SiriusXM should allow all voices to be heard - let it be the 'free press' of radio. I guess not. SiriusXM has decided the fringe is going to be censored. Yet the fringe fans have to buy SiriusXM or something else because terrestrial (ad supported) radio cannot host these fringe radio hosts and make money. The news of management being political correctness made me want to sell my shares. I wonder how much of the downward pressure in the share price was due to the overall market and how much from shareholders losing faith in management and selling. I've made enough of a profit and while I will not sell this week - I'm re-examining my reasons for holding this stock. I am so sadden that management is politically correct.
SIRI to announce Q2 results on Tues Jul 29, per PR newswire
Think Liberty has someone at the Sun Valley Media Conference today?
Disney should buy us
or Murdoch should buy us
or anyone other than Malone should buy us
I have been holding this stock since 2009...i have made a six figure profit in that time frame. However, if this qrtr report fails to meet or beat and or this stock does not start some serious appreciation in value i am going to have to give a hard look at letting it all go and cashing out. The last year or so in siri has been a huge disappointment. Sometimes i get the feeling they just want to keep it suppressed to frustrate us reet holders so we sell.....and then when we do....boom it explodes upward. I understand the whole keep it low for the buyback theory....but this is getting real old guys.
I agree dm.
I haven't added anything to my SIRI position in a year. Instead, I have built larger positions in other companies and thank God I did or I'd be in the red instead of green for the year.
I don't have billions of dollars to keep me content while the buybacks and whatever the future plan is to play out like our fine Dr. malone.