
Originally Posted by
toxdoc
This stock will never soar as long as it posts significant sub losses. Their whole business model depends on it. Synergies and cost-cutting have been good for the bottom line, but that will only carry SXM so far. They need to increase top line revenue. Remember, the street is forward looking. Right now, the street sees declining subs with a mountain of debt in the future.
I think we are looking at usual run up to CC followed by pound down afterwards. The run up will only be sustained once SXM starts showing increase in sub numbers, which won't happen this time. And Mel is deliberate about not providing much guidance.