Satellite radio has come a long way since the combination of Sirius and XM created a media monopoly with ridiculously profitable results. Sirius XM was on the brink of bankruptcy in early 2009, but it has now rattled off 21 consecutive quarters of profitability.
It closed out its latest quarter with 30.1 million subscribers. Revenue is growing, and margins are expanding. There are non-believers out there. Sirius XM's short interest has ballooned north of 200 million shares this month. However, the catalysts are there for a short squeeze as long as it continues to build on its role as the undisputed champ of premium radio.
Here we go again. This stock should be 8 to 10.00 .. earnings continue to increase quarter after quarter year after year but still being held down at under 4.00. SIRI is a money tree but price continues to be held down.
Have to change channels when she appears. Wake up America she sounds like Obama 8 yrs ago.
Another term of Obama would continue to destroy our way of live. Im a democrat but there is no way I can
vote for this phony. Clinton supporters need to think about the future of their children and grandchildren.
Those that are thinking to vote for her have to be uninformed or dont care about the future of our country.
Amazing how many Clinton supporters are so ill informed. It is no longer your fathers party, its is now a socialist democratic party that has been started by Hussein Obama. 4 yrs of Clinton who is a devious liar will finish the job Obama started to destroy our way of life. Poor economy lack of jobs, destroyed our military , done nothing to help our vets etc etc. Its time for America to wake up and vote AMERICAN not vote the party.
I guess Friday will tell us something.