you won't believe what he didn't find in that report and he wouldn't say even if he was smart enough to see it. The bottom line is down folks, by over 4%. That's not a good thing and this stock will suffer.
The bottom line, which tells the big story from quarter to quarter fell by over 4%. The bottom line is net profit which one particular SA SIRI author failed to address. Surely he's gonna see this and find a lame response that all is well.
I'm sure they will wait for the stock to get closer to 3.50 before they continue to try and pump it up to the new target price of 3.69.
Not sure how I arrived at the 69 but that's one of my favorite numbers so that makes it as good as it will get!
new one year target price is 3.69. Gotta take what you can get if you get lucky!
Take time, relax. It may happen in a year or two at best. Try not to beat them down so much. They had a tough day.
Pal, I bought at 3 and sold @ 3.45. Plan to do the same but may set my buy a little lower next time. This stock pays no dividend and no longer in growth phase, so really no need to hold for the long term unless something gives...and I don't see that happening anytime soon. Good luck!
Double the pain for SIRI longs. A 7% correction will cause SIRI to drop by at least 14%. No need to buy in above 3 unless you just like overpaying for something.
Who authored that pipe dream garbage?