So far @ 3.46 pre market we have completely wiped clean 12 months of gains, and then some. Unreal! Along with the non blowout 4th quarter, it looks like The slaughter may continue all the way down to 3.35 or less. (Waldo's 2.75 is still looking doubtful in my opinion unless we enter into another massive world recession.)
I was under the impression it became completely Waldo's call when it looked like a complete joke. And now as the market (not just Sirius) continues to decline, it no longer looking completely out of the question, but in my opinion, unlikely. We would have to have had an awful quarter for that to happen. The only thing that continues to kill me is how absolutely fragile Sirius is as a long investment. It seems the sp reacts negatively to virtually everything and positively to very little. This has been the case since 2008 when I bought my first block of shares on a whim.
Did anyone else get the Billy Joel concert pre-sale offer? I finally see how SiRi and LYV can help each other and it feels a lot like the Amazon Prime model.
who knows...all i know is once that 2.75 call was forecasted....sp went to 4.20.
I think the powers to be short the shit out of this stock make their billions and then let her rip. this is the second or third time we have seen this in as many years. Macro fear doesn't help.
Last edited by dm_4; 02-04-2016 at 10:33 AM.
I will ask again Brandon and your 20 aliases here -
$3.93 is 20 times 2014 FCF per share. $4.84 is 20 times 2015 FCF per share. $6 is 20 times projected 2016 FCF per share.
Sirius is growing FCF per share 20%+ per year. What is with this disconnect in share price??? What am I missing here? Is there a fundamental reason why Sirius is trading in the $3.50 range? I don't want to hear about charts. What am I missing on the fundamentals? I truly don't understand the disconnect. Is Steiny reading this? Say something Steiny!