An unnamed investor has a target price of $17.50 for this stock by years end. This definitely is a motivating factor to do a little research. I know a lot of threads on message boards are crap on mindless pumping/bashing but you can get some good info that may have otherwise not been found. Does anyone have thoughts about this stock?
I think alot with this stock hinges on whether or not SIRI makes that brideloan payment or whether they default on it. If they default on the loan, LINTA has to deal with scooping up whatever assets they have as they stand first in line as a creditor. If SIRI makes the payment and looks to thrive then I think you'll see both stocks go up. As it is right now, there's alot of time between now and when the loan payment is due, so I guess we'll see alot of sideways movement with this stock. Its just an opinion though who really knows?