Siri

Quote from SethArb:

any guesses as to the price action ?

$3.80 ? $4.00 hit at some point tomm or only $3.60 ?

also ... if any of these numbers are hit ... would it be in the
early am "gap higher" or late in the day towards the close

or both ?
More...

I like SIRI, but talk of a gap is premature. SIRI gets pounded constantly, and I doubt it will do much.

On a positive note, Cramer went negative...that might be good for a green close tomorrow:

"So Sirius did do more than 6 million subs. So the lowered range was hit, and the stock could go up a few pennies. Recall a month ago, when Sirius was at $4 and change because it was supposed to do 6.3 million subs. That's when Mel Karmazin lowered the boom and took the range to 5.9 million to 6.1 million. Today's announcement hits the midpoint. Yes, Sirius was cash-flow positive. But you know what? It doesn't matter. A miss is a miss, even as you hit the new targets, and I don't think that Sirius can recover its momentum without a merger."
 
sorry ... I am getting on in the yrs ... the number announced was a shade over 6M subs ... I thought it read 6.2M subs

so although SIRI may go higher

it is not the slam dunk I thought it was to hit my $3.80 - $4.00
area though $3.60-$3.65 could be in the cards
if people thought the worst was behind
SIRI

:p
 
Quote from newtoet:

I like SIRI, but talk of a gap is premature. SIRI gets pounded constantly, and I doubt it will do much.

On a positive note, Cramer went negative...that might be good for a green close tomorrow:

"So Sirius did do more than 6 million subs. So the lowered range was hit, and the stock could go up a few pennies. Recall a month ago, when Sirius was at $4 and change because it was supposed to do 6.3 million subs. That's when Mel Karmazin lowered the boom and took the range to 5.9 million to 6.1 million. Today's announcement hits the midpoint. Yes, Sirius was cash-flow positive. But you know what? It doesn't matter. A miss is a miss, even as you hit the new targets, and I don't think that Sirius can recover its momentum without a merger."
More...

The Cramer effect is working. Lets hope the gap holds!
 
Quote from Comptalk:

I happen to LOVE sirus in my car. However, the stock.. Eh, its going no where. The Stern deal was a waste of money.
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Siri-ously they could of got stern for much cheaper.
 
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