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Sirius XM Holdings Inc. Message Board

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  • american_chariot american_chariot Jul 8, 2004 7:13 PM Flag

    Buy Now ?

    Too "conservative" imo Clay! You'll have a hard time making any "real gains" in the Market, playing supposed "safe plays'!
    They call Sirius a "speculative stock", but "what isn't really"? Any play in the Market is "speculative". With Exxon-Mobile, you're "speculating" that they won't be "over-taken" by a "whole new industry", like say "hydrogen"! Old industries do die and totally disappear, you know! Go look at the original Dow Jones Industrials, and see who's still in it? Dow-chemical maybe!
    I hear what you're saying about you not comparing Enron to Sirius, as you were talking about the "averaging down bit"; but even in that case, I don't think it's a fair comparison b/c Enron had already "matured", and was already "in the profit". Much of Enrons PPS value was already priced-into the stock.
    Sirius on the other hand, is just getting started. And yes, they may need another "injection", but I would imagine that it'll be a lot closer to CFBE (at 2,000,000 subs!) than not!
    Even if Sirius doesn't get 1,000,000 subs by Dec. 31, 2004, I would suspect that it's 800-900,000 subs will give it a PPS a goodly bit higher than today's $2.78!
    Nothing's for sure in the Market, but it does seem awefully strange for "all these affiliates/suppliers/installers/subscribers/ etc.etc.. to have it "grossly wrong".
    The NFL doesn't easily give it's name to "failing ventures", neither does Chrysler, Mercedes, or Dish!
    Sure, it could fail, as anything could, but...well, you get the idea!

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