I can see your scenerio happening short term.After short term investors that have been waiting to get even sell off, let's say around $3.30, that also will be the point where true longs will wait for good news. Also with the FCC approval out of the way,more investors should move in when the price levels out. All that will be needed for a rapid rise then or a short squeeze would be one bit of news like some type of partnership or business with someone like Apple or Google. Just like xm hooking up with Blackberry, I'm sure there are many companies that are waiting to see how the merger works out and would look at opportunities that sat radio could bring to there business.
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I can see your scenerio happening short term.After short term investors that have been waiting to get even sell off, let's say around $3.30, that also will be the point where true longs will wait for good news. Also with the FCC approval out of the way,more investors should move in when the price levels out. All that will be needed for a rapid rise then or a short squeeze would be one bit of news like some type of partnership or business with someone like Apple or Google. Just like xm hooking up with Blackberry, I'm sure there are many companies that are waiting to see how the merger works out and would look at opportunities that sat radio could bring to there business.
Apr 14 11:22 am
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