And what is their agenda with all the negative rantings about SIRI? Is this a company shorting SIRI and working to drive the price down further as MF, Wunderlick, CNBC, SA, thestreet, etc., do or have done ad nauseum now or in the past?
All well said, but I particularly like your comment... "Once elected they ALWAYS do what they do based on political calculations." - Exactly, politically incorrect or not... liberals always do what they do politically to get re-elected, if it also happens to benefit Americans then that is a collateral plus. I would bet most liberals passed the ACA with the same thinking as Pelosi, I am paraphrasing her quote... "we have to pass it (the ACA) to understand it". I am absolutely sure most that voted for ACA never read it or understood it. If they had read it and possessed the capacity to understand it, they could have easily seen that is was a bad law that if enacted could destroy the very fabric of America. Any liberal that had ever held a real job (very rare) would understand the ACA would fail as written, that is a given and every effort will be made to tax and penalize hard working Americans to "save' some form of the law. But only if the liberals can take the house and keep the senate. Currently the backlash from Americans over the ACA is probably so severe the conservatives would take both the house and senate easily. The only potential saving graces that the liberals have going for them is the elections are a year away and the main stream media.
Pandora warns, does a secondary, says they will never be profitable and the stock skyrockets. Sirius beats the estimates by $0.01, but uses it to pay down debt, is profitable, all metrics up YOY and it gets clobbered by a 10% plus sell off. Amazon, never makes money, reports same and goes to the moon. Sprint gets negative headlines from every news entity (they must hate Sprint like they hate Sirius - why I have not a clue) and despite all the negativity (probably rooted with GS) it takes off like a rocket. I love it and I am not complaining as I am a big holder and believe in the company, but I just want to understand... what the heck is going on in the stock world???
Roger you were right again, it closed just over $4.04 so we did not see a $4 close today.
Geee, when are we going back to the $0.19 region? I need some losses so I don't have to give the gobbermint millions of $$$ in taxes on the profits of my gains when I start selling next week.
Now, when I sell I will have to pay like a million $$$ to the gobbermint.
Fella, from your closed minded, attack style reply, very liberalesk from my observation; it appears you are not open for honest discussion and debate. Your mind is made up. Good luck with that.
Fella, why do you think these things have not been built and maintained? It has nothing to do with republicans, it has to do with the FACT there is only so much money to spend and right now and for the past decade plus the money has been spent by the government on entitlements to buy votes. Yes we must take care of our needy that cannot help themselves, absolutely, but do we really owe half the country a living?
Something is wrong in a country that brings in 2.6 TRILLION in tax revenue and spends 4.0 TRILLION. If you cannot do all you say and much much more on 2.6 TRILLION then there is somethng fundamentally wrong with your system, particularly your spending.
Tax paying Americans are taxed to the hilt now and focusing on taking more from billionaries is not going to solve the problem. It may help in the very short term, but not the long term. Which sustains; teaching one to fish, or giving one fish to eat?
The problem is america's government does not lead by example. The government does not live within its means. It does not say, "see how successful people are in america, you can be too, let's celebrate that unique success and opportunity." No, this government pits have nots against haves, race against race, sex against sex, religion against religion, illegal aliens against legal aliens, and so forth to achieve an agenda that most would say is not in the best interest of the country.
The government needs to lead by example; live within its means, pull people together, encourage everyone, take care of their truly needy, and work to be the lowest taxed country in the world. Let's stive for excellence, NOT mediocrity. This sort of thing will never happen with a government that acts like the one we have now.
Roger, for once you are right about Pandora at least. That stock is defying all odds. Mgmt comes out and says expect growth to stall, expect costs to go up, no guarnatee that the company will EVER make money, dilute shares with a secondary, then hefty competition from apple the world's largest corporation; the future looks gloomier than every for P and the stock has almost double in the past month. I guess the lesson learnt is have your mgmt come out and trash the company's future, dilute your stock, hope for a gorilla to compete with you and your company's stock will skyrocket!
I think what you propose would be a BIG win for Apple and essentially, in time, give them the radio and audio entertainment market, plus who knows what those satellites could be used to do with iphones. That said, however, it is just not Apple's modus operindi (sp?) to acquire other companies. They invent, or copy and make things "better", at least they can give that percepion to the consuming public, and grow "organically". So unfortunately, will not happen.
For a month now P has just gone up. And it has done it in the face of almost exclusive bad news. A warning by the company leaders expecting slowing in growth, expected increases in expenses, concerns about ever becoming viable, a stock offering further diluting shareholder value, and direct competition from the world's largest market cap corporation with more than 100 times the music selection. The only positive is increasing listeners, but that also is a double edge sword as increasing listeners comes with increasing cost.
My jaw is still on the floor. I wonder what I missed where this stock is concerned. It appears it is dead set on breaking $30 before this incredible run even begins to pause.
They come out and say they are lowering expectations and growth is expected to slow. They come out and say they are going to do a secondary offering and that will dilute the stock value. Apple comes on line STRONG with iTunes and signs up 11.7 million in the first week. Etc, etc, etc..
By all counts Pandora does not have a chance of surviving, much less being the streaming leader and the STOCK ... IT JUST GOES UP AND STAYS UP!!! Mind Boggling.
What am I missing!?!?!
The media machine, probably working for some big shorts, is working overtime to help the shorts, or those that want to go long get in cheaper. How many more lawsuits can be brought against SIRI and covered by the media over and over and over again in the next 24 hours?