"I don't think you can debate anymore whether this is a real company, a multibillion dollar marketcap company," Wunderlich Securities analyst Matthew Harrigan says. But whether the stock will continue its momentum remains debatable.
Harrigan thinks Sirius XM stock will have trouble going through $1.25 or $1.30, but still sees "a little" upside to the stock.
Seems like a small outfit trying to make a name for themselves. You can't uprrade one week and downgrade next. They will blow themselves out of the water. Who cares what they think. Penny stocks are volitile, and that's all there is to it. JMHO.
Can you post the link to this article, it should posted next to the link of today's article for all to see.
This is absurd. Setup, and knocked down by the same company!?! and, they can do this?? Really?
If the history of a company's stock price is that it always falls after earnings, then this was easy for them. Post a great forward looking article, make people buy, and then pull the rug out from under them.
Seems like easy jail time to me.
This Company (Wunderlich) has just lost ALL Credibility!
Professional Analysts don't change their opinions every 2 weeks! Period.
Guess they can't make up their minds?
Well, hell a monkey can do that, and probably be more accurate!
So now he will upgrade to Buy based on his statements last week and SIRI upside of 35% for year. Thats at least a buy. 35% were can get that return these days in a year. What a DOUCHE BAG