NEW YORK, Sept. 17, 2013 /PRNewswire/ -- Sirius XM Radio (NASDAQ: SIRI) today announced that Jim Meyer, its Chief Executive Officer, plans to speak at the Goldman Sachs Communacopia Conference in New York City, on Thursday, September 26, 2013 at approximately 8:00 am ET.
I do remember the day when GS was the investing banking firm we Siri shareholders hated and feared with a passion. They were shorting Siri big time and doing lots of things (I read) that kept the price down. So glad those days are over with!
We`ve been waiting for GS to up their price target for SIRI because when they initiated coverage with their buy and price target for SIRI it had no affect on the stock.Usually as a rule starting coverage on any stock means nothing to the street because it`s like the new kid on the block giving his opinion,no one cares,but if they up us now,it will have an impact.I`m sure Meyer realizes that GS upgrading and raising our target price will be huge for SIRI,that`s why he`ll be there with bells on.