Sirius share price will hold or rise as reality is setting in as the performance of the company is revealing successes that will promote upside well into the future. Liberty has basically removed half of the shares of the trading block never to hit the open market again. The buy backs will reduce tradable shares even further minimizing the amount of shares that have been manipulating the stock.
Sirius XM's blatant success has been ignored by many as there are still some who feel Sirius will not prosper. The fact is that liberty has put there money where their mouth is and have aligned their interests with COMMON shareholders. The buy backs are insurance and will be used as a mechanism to defend the current share price. Taking a step back you can see that the buy backs were a weapon or a preemptive strike, a measure taken before liberty purchased the final shares to give them control.
There is not a doubt in the world that Sirius is not going up. The surest thing the market has seen can be found with Sirius XM. The stock is still cheap and has the potential rise 300 percent from the current price. New car sales, used car sales, Internet radio, telematics and portables gives Sirius a wide range of possibilities for growth and really provides a firm base to derive future growth prospects giving clarity of the future.
Stay long my friends.
Sentiment: Strong Buy
Ray Charles can see this thing headed for Dixie, and he's both blind AND dead !!!!
Amen.
Sentiment: Buy
Will hold above 3.00
thanks shorty
Told you
Like I said
buummpp
yea boyz
What did I tell ya
Secured
Sentiment: Strong Buy
With Winslow holding 125 million shares there are even less trading shares. the float is being reduced by the day.
Sentiment: Strong Buy
boom boom pow
Sentiment: Strong Buy
Booooya
Sentiment: Strong Buy
awesome...c u at $20.00
Today was a great day for SIRI Nation! We're in a top media company with massive revenues and
alot of hard assets (i.e. satellites and BANDWIDTH!). These hard assets are what make the barrier to entry almost insurmountable for most companies. In comparison - NFLX to $170??? Up $60+ in 2 days?? They have no assets/content/self-owned mode of transmission like SIRI, and virtually no barriers to entry like Sat Radio. Yet the company stock price rose to unjustifiable levels in my opinion! Sirius has a LONG way to run given the improving auto market and support of LIBERTY MEDIA!!
Our greatest days are ahead of us (for longs...shorts will croak).
Driven.
Sentiment: Strong Buy