most working people spend 1- 2 hours a day in their car, then spend about 2-3 hours watching TV on a regular week day. so if they are willing to pay $100/ month for cable TV, they will have no problem paying $15 a month for sirius. sirius is like the cable TV of radio. you pretty much can find something great to listen to while you are driving. News, comedy, howardstern. every kinds of music, any sports live, playboy channel, even the Gay channels for all the sirius bashers. lol
but of course, you can get free radio with annoying DJs, voice ads. and the same top 10 songs they play over and over again during the day. if you still get this concept, then you are a true moron.
this will be the last reply to a moron like you
my avg. price/ share on sirius is $1.72.
my gains from options trades are over $2600 (from covered calls, and butterfly put spreads)
and my current option holdings are up 36%, if I close all these options spread today, I prob. will make over $2000.
I have 200 contracts (20,000 shares) of jan 2013 $2 options. if Sirius goes to $2 or $2.5 by year end 2011, I will be a very very rich man.
do you know what it means between "trading" stocks & options? and "buying" stocks & options?
I said "trade" ok moron?. that means I buy and sell or even structure option trades.
won't expect you to understand since you don't even know the relations between market caps and stock prices.
You mean like this 3 month chart?
No wonder you are p i zz y ...You bet on a lame hores and now think you can pump it into the winners circle LOL@U!!!!
"maybe" is the key word right?
if a company can turn around from losing $500 million each year, to profiting $500 million each year on a subscription bases, you really think that sirius will have no more upside? especially when the turn around was in the worst 3 years of the economy.
Sirius does not have to pay taxes, they lost money every year since it's inceptions until 2011. 2011 is the 1st year they are cash flow positive, so sirius will have many years to write off previous losess. get your facts straight.
we can cruch the number all day. just few simple facts that the company was losing $500+million each year till 2011, now they are making $500+ million in profit each year is a very bullish sign.
5 years ago. sirius had 700,000 subs, today, 21+ million. and it's increasing on a projections of 10% each year. and these increases happen in the worst 3 years of economy. so you can bash all you want, if you still don't see the writing on the wall then go right ahead and short it.