There is a flight to quality going on. Cramer told everyone to sell everything last night. SIRI will not have buyers, and the stock will not rise, until the financials are stratightened out and it shows a believable path to positive cash flow. This of course assumes no further dillution of the stock.
Now more than ever SIRI should seek marketing partners like NetFlix or Best Buy to raise subscriptions.
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There is a flight to quality going on. Cramer told everyone to sell everything last night. SIRI will not have buyers, and the stock will not rise, until the financials are stratightened out and it shows a believable path to positive cash flow. This of course assumes no further dillution of the stock.
Oct 07 09:54 am
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All Comments by muley101 »Understanding Sector Rotation [View article]
Now more than ever SIRI should seek marketing partners like NetFlix or Best Buy to raise subscriptions.
seekingalpha.com/artic...