Again, EVERY stock listed on Google's "media sector" is nicely up, 'cept 4 one, and, that would of course b the company that the ST and S/A R calling a potential "double", 'cause it's got so much going 4 it= RIGHT, only thing it lacks is a legitimate trading day!
B V E R Y surprised if we don't see yet another 3-6 ct loss= 3.65 close= That's the M+M'S targetted price= where both Siri and Liberty have pd a fee to make it happen!!!!!!
Thinkin more like 3.65-3.66 where the M+M'S will keep it until all of the "share buybacks" have been completed; then, after THAT, it's anybody's guess, where it'll go1
When Siri, after over 18 mos., FINALLY got fcc merger approval, Mel K relized that Siri was financially drained, + did'nt have enough capital to pay their bills and "merger expenses"
In come the generous lenders, issuing bonds that guaranteed them 1.87 on THEIR investment!
Siri's S/V sank from the low 5.00 ranger to 1.87, virtually overnight(due, principally to huge dilution), and this was the beginning of the downwards spiral to the 05-15 ct per share range!
Jump forward, to Siri's being "acquired" by Liberty, and, we see Siri getting a "guarantee of 3.66 per share, when being told by Liberty, that they will "buy-back" 500 mil.$$ worth of their shares, @ a price of 3.66 per share!
Now, we see Siri's S/V making THAT 3.66 the "bedrock" for its share value, with there being absolutely NO S/V attachment to the company's performance!
The "scary Part"?= When Siri dropped from the 5.00 range, almost over-night to 1.87, THAT was just the beginning of the near extinction of re-tail investors' $$
NOW, we've just seen a huge option committment to making 3.50 the Option traders "profit springboard"! Will we now see Siri's s/v sink to 3.50(or, perhaps, STAY @ 3.66, indefinitely) As always, way too much going on "behind the scene" with this company's share trading, that just makes its company performance that much M O R E of a total disconnect to its share value performance! JMO, BUT, can't put the share value abuse on ignore much longer before something has to give!
Let's just take a wild guess as 2 tomorrow's close; could it possibly B 3.64-3.66?? D U H! Was'nt THAT hard to C it go RIGHT BACK 2 where the M+M'S(and, Liberty ) wanted and needed it 2 B
Still the same old joke, when it comes 2 trading siri= NOOOOOOO connection 2 company performance= A L L about where it's flash traded and naked shorted to
Seems like everything 'bout Siri is positive, except 4 its share value= strong auto sales, shares being agressively bought back, decreasing expenses=increasing profits, + the list goes on(and on)!
But, If Pandora's S/V can quadruple in just a few months, with no where's NEAR Siri's "bottom line", then, as the late and great Paul Harvey used to say, "you know the rest of the story'!!!!!!!
Don't disagree with your comments, BUT, likewise, Mine R STILL on point, muchas you'd like to refer to past performance to refute them!
Yes, Siri has "come a long way", BUT, it has been used as an ATM by its past CEO(Karmizan, who milked it 4 hundreds of millions) and, Liberty(who is NOW , by selling shares BACK to siri, making it a virtual FREE PICKUP)
IF all of the current Siri news IS accurate(and, I believe that it is), then, ergo , share value would B reflecting such, BUT, as has been the case, all along, everyone has to get a "cut" of Siri's "action" BEFORE any potential increase is passed along to retail shareholders, in the from of increased S/V!
U can brag all U want 'bout past perf., etc., BUT, Siri still remains an ATM 4 M+M'S, and corporate owners, and, the crumbs R what's left behind 4 the "reets'!
Wonder which is the catalyst 4 the M+M'S taking S/V BACK to the mid 3.60's? Must agree, that this IS where someone NEEDS sir to trade at!!!!!! +, @ THIS TIME, Siri could expand into Europe, or go world wide, add another 15 mill. subs., etc., and, frankly these factors would NOT (in the long run=1-2 weeks) over-ride the price lock-down that's currently being imposed on Siri's S/V!!!!!
It's no mystery that Siri's Share Value IS headed downward, today, tomorrow, etc., etc. The mystery is still why S/A and The St. R still extolling all of Siri's operational virtues, and ignoring that the stock continues to stay in a downward trend!!!!!
Kind of a mytery how Siri has sooo many positive things going 4 it, EXCEPT 4 its share value!!
Recent "news"(from The St., and S/A) continue to allude to Sir's very real potential to B a "Double", and, discus "Siri's Worst Enemy", and, "Something about the Magic of Siri"!
While ALL of this is going on, Siri S/V has gone back into its
MYSTERY SLIDE", BACK to the mid-3.60's?
Yet, NOT one of these, so called, "business journalists" will dare to address the consistency attached to the negative stock performance? Not much of a mystery 'bout what's driving the S/V, BUT, it continues 2 B a mystery as 2 why these folks won't get just a little honest and deliver some info related to the S/V's perormance running contradictory to the company's performance!
"The Magic Of Siri", "Siri's Biggest Enemy", "Siri's A Double"= As IF the content of ANY of these articles had any correllation to the real driving force behind Siri's S/V!! IF these articles held any substance, they's B focussing on what makes the stock tick, and NOT make it sound as if their comments 'bout the company have some connection to how the share value performs! There STILL remains a total disconnect between how the company performs + how its stock performs, and, to gain any credibility, it's time that these articles and their authors present a disclaimer to the same, I.E., that Their info., IS, and HAS NOT been ANY indicator of the company's stock performance; moreover, it'd B refreshing to C just one of them address what DOES control Siri's stock value= But, they really "don't want 2 go there! D U H!!?
Like, in today's S/A Siri article, "The Magic Of Siri"= Like ANY of those lengthy and detailed metrics have ANYthing to do with Siri's share price= again= the length,y detailed metrics discussion may have just as well been about the aca, 'cause both have NOTHING to do with how siri's share value is arrived at!!!!
2:45 pm= EVERY media stock, on Google's same list trades in the Green, most with nice increases, EXCEPT 4 this one that S/A and "the st." keep promoting as a "double"= Gonna B hard to make a "double" if it can't even get into the green while the rest of the sector is having very nice gains! The scam goes on and on!!!!!!
Beyond absurd, 4 S/A and other business news outlets to , @ THIS time, continue releasing detailed articles re: Siri's operational metrics= It's become quite obvious that Siri's stock performance has little or nothing to do with the company's performance; imo, siri's stock has been, more so than ever, controlled by flash trading programs and naked shorters, who have zeroed in on a pre-set value that THEY will deliver share value to.
Lately The daily closing price, has virtually NO correlation to ANY of these operating metrics, mentioned in various business news articles= it's no secret that Siri stock continues 2 B the M+M's atm., that provides them with their daily income to at least cover their operating expenses, with a few million left over 4 "entertainment"!
Oops! looks as if it'll easily reach that 3.64 by Tomorrow afternoon= Some things never change with Siri's S/V. One can count on it going where the programmers want it 2 B, which'll have nothing to do with its operating metrics!
THIS is where Liberty and Siri need and, want it 2 B trading 4 the immediate future, and, it's exactly where it'll B in short order! Apparently gave their "programmer" a few days off 4 Thanksgiving, but, it's back 2 "business as usual", now, with flash trading and a pre-set S/V drawing the S/V B A C K 2 the mid 3.60's.
Under ANY other circumstances, this is "fixing" aka, manipulation, BUT, HERE, it's just another day and another reason to make Siri's S/V trade with no regard to metrics= S.O.S =Same Old &^%$, just under a different guise!!!!!!!!