Bababooie

Sirius XM Price Target Raised by Top Media Analyst

Warning letter give the company a chance to provide and execute a plan to get the price over a dollar. The response will be within seven days, the execution will take a litte time thereafter. Even the most uneducated investor can understand car sales are on the rise from last quarter. This rise would give to the subscription numbers also being on the rise. The penetration rate at which the Sirius radios are installed has increased this year over last. The raising of the target make perfect sense. The subscription numbers from Auto have become less significant to the over in come thane in the past. The company can now collect royality fees from the customer, and the new iPhone are just two of the sources of income that mitigate the need for Automotive subscription numbers.
The last time this stock fell below $1, the rise from bottom only took 2 1/2 months. This current rise in SP is not a fluke, it has settled at support price points that supports further growth. Expect gains to over $1 by the 3Q CC.