Does anyone agree that if SIRI does not show positive cash flow in the first quarter of 2007 the stock price will drop to about $2.00?
The only people who do "tax selling" before the end of the year is to realize a loss on a dog of a stock that they don't think is coming back.Quote from HolyGrail:
I believe the last two week drop was totally due to tax selling.

Quote from HolyGrail:
I think the stock moves up from here immediately regardless of cash flow. I believe the last two week drop was totally due to tax selling. Of course I could be wrong.
Quote from FullyArticulate:
The only people who do "tax selling" before the end of the year is to realize a loss on a dog of a stock that they don't think is coming back.
I'm not saying SIRI won't rally, but I still don't understand why you wouldn't want to be in XMSR. It's chart pattern is vastly more bullish, their revenue is better, their holiday is better, and their early focus on OEMs (rather than consumer electronics) is going to pay off in a big way. If the sector rallies (you argued in the other thread that "everyone" will want a satellite radio), XMSR is set to massively outperform.
But I've made that argument before--let's hope we're both right.![]()
So, if you ignore 90% of the market and that XMSR has a "first to market" advantage in that 90%, then SIRI is better?Quote from jtnet:
you are kidding me? XM is a horrible product compared to SIRI, XM got a jump on siri only reason it has more listeners at the moment. in canada where they were equal timing siri kills XM.
Quote from newtoet:
SIRI has almost a $5B market cap. Why would you call it a penny stock?