here comes .35...
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here comes .35...
Thank you Beach G. It does appear that 1) Sirius management comments 2) iPhone APP coming (and here in a junior form) 3) improvements in market conditions for SIRI and 4) a likely decline in the overall market in the shortrun (which frees up profit taking in other stocks) may lead us back to .40.
FYI, I actually was the lucky seller of a small block at .435 a few weeks back, which I believe in the recent period high.
I think i can help with this, but correct me if I'm wrong. The existing app will allow EXISTING subs to log in and stream content through their iPhone. The new SXM app, when it comes out, will allow people WITHOUT existing subs to download the app, pay a monthly fee, and stream the music, with full content, user friendly interface etc.
So, the app that's out now essentially means nothing to the bottom line, other than increased exposure, etc. When the new SXM app comes out, it opens up a HUGE new revenue stream that directly goes to the bottom line.
Brandon, does that sounds about right?
I know this is old news but word is getting out
http://www.crunchgear.com/2009/04/01...one-right-now/
damn...c'mon there is no one selling here....only 82k at .34 and they keep throwing up shares...
close may spike in a big way today people...
we have MOC orders plus we have the potential of short covering on the oem data...
To gauge how awesome the Pocket Tunes is likely to affect subscriber growth, let's take a quick poll.
Who here wants to pay $10 for something that will be FREE in a matter of days/weeks?
YAY?
or
NAY?
....i'm going with Nay. I have an iPHone and I've been *DYING* for the SIRI-XM app...but paying for a free product doesn't make much sense now does it?