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Sirius XM Holdings Inc. Message Board

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  • american_chariot american_chariot Jul 7, 2004 1:18 PM Flag

    Underneath 20, 50 and 100 day MAs

    I know, it's frustrating; growing pains! We took the "non-debt" route, to finance operations, and that means with so many shares outstanding, that until Sirius gets at least half-way to "break-even", or more, we'll be a "play-thing" of "market manipulation".
    Really the only thing that will stop the "dump", and the "day-trading" extremes, are much higher PPS levels, or some catalyst that says "good luck going lower PPS", like a big Ford announcement, or Toyota, or some similar such catalyst.
    But, rest assured, barring some disaster (which is possible given HQ is in NYC, and our viability is orbiting the globe in space, literally)- that barring all that, this "foundation building" is going to produce a "FREEDOM TOWER", so hold-on to your shares! And enjoy the ride!

4.15+0.02(+0.48%)Oct 21 4:00 PMEDT