SIRI should have NEVER fallen before $2.36. I was there watching it like a hawk! THAT was the floor, FOREVER! SIRI was in debt and XMSR was as well before the merger,during the merger and now are still in debt. SO WHAT! They had to spend money to make money and to put satallites in te air and keep em moving is not a cheap feat!
Difference in now and then besides CRAMER and SOOOO many concurring that SIRI would be a $5 to $8 stock if FCC approved merger.
SIRI is a CONFIRMED CASH COW!! SIRI is now making money and they WERE NOT then.. Auto sales are even higher that expected,debt although high is and continues to be chipped away.
SIRI is a MONOPOLY!
SIRI is MAKING $3 BILLION a year NOW! (ALott of mulla folks!)
Landscaping is changing with everything from Music Royalties to alternatives to music without commercials.
SAT Radios are beingput in ALL cars and now older cars remain equiped and the used car market is and will continue to be a factor in subs where before,you either got one at purchase or went to Best Buy and purchased one, now with inventory turnover, old cars still have functional SATallite RAdios equiped.. Folks who could not afford the new car will still be able to enjoy the commercial free left over pers in their travels.
SIRI is here to stay!! THAT my frineds is a FACT!
Increased revenue = decreased expenses ands DEBT!! $8.33 is not unreasonable if you ask me. Should be there now, 2 years after merger and EVERYONE said $5 to $8.. Its not complicated..
For the record, my more CURRENT mention about SIRIUS XM never before having free cash flow was a simple brain fart of the time that has slipped by me since we were ROBBED by GOLDMAN SACH . ALL ARGUMENTS by me here are Pre-Merger and Post Merger and I thought that was clear since I TALK about IT all the time!!! September 2nd SIRIUS XM was at .99 cents and the Friday before I started this string arguing for PRE_MERGER analysis SIRIUS was at 1.01. Since then SIRIUS XM has come up 55%. That may seem like ALOT in a short time but pre-merger pricing is where were headed. OUR company was YANKED to the floor just for being BIG, BAD and better than ALL competition. I want to be clear that SIRIUS from HERE OUT is ALL about Pre-Merger and Post Merger analysis. This is how it will be viewed and discussed in hindsight several years from now.
In the beginning of Satellite Radio the concept took SIRIUS to heights of $61 in Feb 2000. Call me a pumper (I believe the LICENSED analyst from Thompson Financial with the $71 target is correct) or if your a SIRIUS XM Optimist call me realistic. There is NO REASON at all that this can not happen, NONE.. It’s apparent to me the RETRACE is beginning and that’s where were headed. Of course a little sideways action along with an occasional dip will happen. That’s the way it goes. But NOW SIRIUS XM is going back UP! SIRIUS XM started in the AIR and not in a garage!! I call that "A LEG UP"!! SIRIUS XM is the ONLY provider of these services that is vertical,, others are horizontal. lol..
Finally the ONE FACT that’s REMAINS worth mentioning over and over is: “Prior to MERGER SIRIUS and or XM Satellite Radio NEVER had free cash flow!! NEVER!” SIRIUS XM RETRACING back to PRE-Merger pricing.. PERIOD,, End of Conversation!
Good day folks!
LMAO i read your post again about how huge debt is not important just to entertain myself. If company has to use huge debt to write off as loses to avoid taxes then I would reasonably say this company is not in a good financial condition. does that make sense or not?.
so what if the company still has huge debt?. Invest in it anyway?. comon now you have got to be kidding that your actually saying that kind of bs while trying to put a positive spin on it. geez whats next?.