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  • Sirius: RBC Urges Investors to Remain on Sidelines Following Latest Earnings [View article]
    RBC is being cautious. The question I would ask RBC is when would you consider buying Sirius/XM stock?

    The article indicates the number of subscriptions was lower than expected--------not surprising-------it's just now becoming spring and summer when people will be looking at the new offerings in autos which is a big part of Sirius market.

    What will happen with Sirius I do not know-----one thing I do know is what a great market technician told me-----you buy when there is blood in the streets (figuratively speaking) ----------long term investors have been bloodied in this stock and numerous other stocks.

    IMHO a lot of people have an unknown interest in bashing Sirius/XM-------the former founder, how many years ago?, obviously has a reason to not support the company as indicated in his/her article.

    Personally I'll bet on Mel and Malone.



    Mar 18 10:34 am |Rating: 0 0
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