Originally Posted by
bdp
May be that .50 will be the new .40, and with any luck we will sit here bouncing up and down a penny or two until the short supply is exhausted and then creep upward to the next level. Of course everyone's wish is that the upside of the Q2 report is realized for its actual integrity and the sp rockets closer to $1 and beyond where it belongs, but there is still too much negative pressure that I think will hold it down. but not drive it back to .40... Although I may be alone in this, I do think that the scrutiny Sirius is receiving can actually (theoretically) be a good thing (if you can imagine that!). The greatest point of resentment I hold, however, is that this same over analysis is not common to ALL companies. There is a multitude of companies that are trading at absurd times their value and potential that simply do not deserve even a fraction based on their actual performance. It begs the question "do these analysts and reporters share the same brain that is void of any IQ or unique thought?" It would be to their benefit to go against the grain and base their opinions on hard fact to greatly improve the quality of their occupation with the benefits spilling in all directions. The problem is that there is very little entertainment in hard fact. Contrived controversy and drama grab attention much better than the boring truth. Tabloid reporting is a disease that has infiltrated every facet of our society, polluting our minds with the filth of lies and manipulation causing us to think and act irrationally as a result. I have been so absolutely disgusted with the media, not only with the way it has handled Sirius, but the economic crisis in general. It has been nothing short of media terrorism and laws should be enforced to make anyone who publishes a piece of news that misrepresents the facts or truth in any way should be held completely liable no matter who they are or how powerful they may be.
