'Course, the anticipated +4-5 cts per share must've been based on SOME info., that has inexplicably disappeared! Fact is that Siri had the greatest qtr. yet, in terms of subs and cash, and, potential NEW developments, BUT, all of that seems to have been , 4 some reason, camoflouged, in order to drive down S/V. The scam continues, without any let-up in sight!
I have said it once and told it at least 100 other times. I have been with SIRIS since 2008, it always dismays me! Why, because SIRIS always drops (pps) during Earnings or the day before. I have seen SIRIS gain records in car sales and gain record subscribers.....and much more good news but this thing always drops like now!
LIke I said before it's the Market Makers that have the final say....like today once again. GLTA! Just don't expect miracles with SIRIS....usually headaches!
4-5 cts per share? Do you guys have any idea what kind of revenue and net income would be needed to get to 4-5 cts per share? With 6+ billion shares outstanding everything gets diluted. Earnings can be up 35% and on a diluted basis it goes from .018 (rounded up and reported #$%$02) the prior quarter to .0243 (rounded down and reported as .02). Even if earnings were $.0243 the prior quarter and rounded down, to get to .0451 (and rounded up to be reported as .05) earnings would have to increase almost 90%. Is that really realistic?