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Sirius XM Holdings Inc. Message Board

  • blueyedcatch blueyedcatch Jul 2, 2013 5:51 PM Flag

    My take on earnings coming up----------

    Word on the street is that it`s still difficult to refinance your mortgage because banks are still holding things up,making it also difficult to buy a home.The thing is though many of these individuals that can`t accomplish a refi or a new home purchase have to buy something,it`s human nature,we can`t starve ourselves for very long from treating ourselves to something.Which brings us to car sales,banks are making it easy there and auto makers retail prices have dropped considerably since the 2008 meltdown,so people are treating themselves to a new car,maybe two,one for each spouse.I would wager that they`re buying them loaded as well,lots of extras including SIRI,which is a great treat for yourself at a very reasonable price per month,especially when it starts on a promotion with your new car. My guess would be that we`ll have a better QTR than many analyst would think even know car sales have been consistently good for a while.I`m sure some persistent home owners were able to refinance at the recent low mortgage rates and will have extra money to burn on a car payment as well as the people who couldn`t buy a better house because they couldn`t get a loan.I`m betting SIRI hits new highs before the earnings call, and I`ve stated that before.

    Sentiment: Strong Buy

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