Finally the intra day thread is worth reading again and on topic!!!
Go SIRI!!! I have a limit sell at a tenth of my position place at .62 till Apr 30th. Heres to hoping!!!
Well, good luck with that. I don't think we will see the .60's for a while. IMO.
I think we saw our big jump after we were near death and that it's now a long way to a buck pending any huge news.
lot of resistance at .37 right now.
While it is too bad some very astute posters left, it is, nevertheless, a pleasure to have the OLD SIRI Forum back.
Keysmark
i don't think we're going to have to wait too much longer for our next significant move up. if synergies trump neutral sub growth or even a modest decline...watch out for a nice pop. i think we're close to that point...where all sub growth goes right to the bottom line. mel mentioned it on the last cc and if q1 proves true i can't help but think siri is going to get some institutional action with retail to follow. i think that's why mel is still cautious with his marketing dollar. he's not willing to allocate the big bucks for marketing at the expense of positive net earnings in the short term...especially in this economic climate when return on marketing efforts is challenging. i like this strategy for now... there will be a time for siri to got to market with image and branding and all that stuff...but do we need it now at the expense of driving profits thru financial discipline...i don't think so... mhy only concern is whether the market can see past negative or neutral sub growth and focus on the power of synergies and long term guidance. i think it can and therefore expect a nice pop up to .60-.75 post q1. i don't think iphone app is going to deliver anything significant on the sp...but fcf and positive earnings in a non growth quarter will send this off for good....
What is the deadline for Q1 report? And the CC?
it is still about a month off hopeful, if they dont delay it that is.
getting interesting going into close