people just don`t understand the power of satellite radio in the 21rst century ! They will all be wishing they had joined our little "cult" in about 6 monthe from now and then you will never here Siri referred to as a "cult stock" again !
it is a cult stock. has been for sometime. will refrain from responding to the disgruntled baggies name calling remarks. Sorry with the huge debt and massive dilution the stock is not worth the paper its written on. You can thank management for not executing the reverse split if this company goes bankrupt in the near future. Shareholders have allready approved the Reverse Split all Mell has to do is execute it. It surely would help.
You need to add FAD-CULT to the postings, then add PAY-FAD-CULT.... then technically insolvent.. Plus if there were only 1 billion shares the PPS would be right where it is today or less.... But Keep pumping, dreaming and hoping it is all you got....
The word cult pejoratively refers to a group whose beliefs or practices are considered strange. The word originally denoted a system of ritual practices.
If you want to discredit someone, call them a conspiracy theorist.
If you want to discredit a stock, call it a cult stock.
its not BS at all. SIRI is not worth what its trading at. huge debt and super dilution is to blame on management and bagholders that believed mell was going to make them rich need to wake up to reality. How many times did you here no more dilution?. that is why without a reverse split siri want be able to report a significant profit per share and its stock certificates remain worthless pieces of paper.