May Car Sales Anticipated to be Low – 13 Million for 2011 Still on Target
Sirius XM (NASDAQ:SIRI) relies heavily on the automobile channel to generate promotional subscriptions, and in turn self-paying subscribers. For this reason car sales and production numbers are important to not only the company, but those that invest in it. This sometimes means that the price of Sirius XM is impacted by news within the auto channel. Obviously, following the auto sector is paramount to Sirius XM investors. This is one of the reasons I created iKickTires.
Today JD Power released an early report on May auto sales that calls for the month to be weak in terms of auto sales. I reported the May auto sales news on iKickTires.
The auto sector analyst anticipates that the SAAR for May could be as low as 11.9 million. This is a stark retracement from the 13.2 million we saw last month. That is the negative news. The positive news is that they still see 2011 auto sales coming in at about 13 million units. Sirius XM investors armed with such information can anticipate the reaction to May sales with the understanding that the slump is temporary in nature.
The key is garnering, digesting, and understanding the information and how it will impact your investment short as well as long term.
Position – Long Sirius XM Radio
We get it, you dont have to tell us the same thing over and over in every article you write.
Every article about auto partnerships mentions that you created ikicktires.
Every article about auto mentions that the auto sector is important to investors.
Every article about internet radio mentions that some people don’t think its important to watch the competition.
Just write the article, we get it. You dont have to say the same thing over and over and over and over again.
overkill….
You are certainly entitled to your opinion.
I am entitled to write how I want to and to promote what I want to.
You are also entitle to ignore solid constructive criticism.
I am giving you good/free feedback, ignoring me is probably a bad idea.
I am rooting for your success (and the success of SIRI) but you inability to proofread and the constant crowbaring of advertising your new website (which also lacks proofreading) is killing your credibility and my cause (SIRI).
Take it for what its worth.
overkill…..
I was not trying to be curt, but simply state that we are each entitled to an opinion.
iKicktires just launched, and there are many out there who are still unaware of it. If I want it to succeed I need to get the word out. I am not the type to run onto message boards and spam it.
You say, “but you inability to proofread and the constant crowbaring of advertising your new website (which also lacks proofreading) is killing your credibility and my cause (SIRI).”
I think you meant “your” instead of “you”.
We all have typos….lol
Cheers
As a first-time reader I didn’t know that. Is that like back to back commerrcials for the same soap?