Sirius XM Has Long Term Staying Power [View article]
With the Liberty investment and support, much of the risk for SIRI has been removed. Sales will continue to clime and SIRI will reach profitability within a year. The stock was valued at about $3 a year ago. Even with the new share offeringsand the 40% Liberty stake, I do not believe that the stock price will stall below $1.00. I believe it will move closer to $1.50 within the next year to18 months.
How the Treasury Bubble Will Burst and Why [View article]
It looks like most people's worst case is my best case. The incompetents who put us in this hopeless hell by mixing solcalism and capitalism are now in charge, led by someone full of socialist inexperience. Gold is a very good investment, but your very best investment is airable land far away from the cities that will become death traps. Buy your land near flowing water, put a trailor on it, sell your house in the suburbs for whatever you can get for it, move to the trailor, and start building the cabin. This is what I am doing, along with learning how to grow my own food.
Resource Companies Will Benefit from Global Government Spending [View article]
I am a laid off steelworker. Our government has destroyed the steel industry by giving it away to the far east. We have lost virtually all of the US mini-mills, like Atlantic Steel Co (Dixie Steel). There are only a few steeel producing companies left.
US Steel produces wire products (nails), channels, angles, flats, I beams, and in particular concrete reinforcement bar (rebar). One of the initiatives which will be required in the near future will be a huge investment in rebuilding our highways and bridges. US Steel should benefit greatly form this.
GM/Chrysler Merger Could Be Very Interesting for Sirius [View article]
I owned a jeep cherokee once after Jeep merged with Renault. It had a GM engine, Chrystler transmission and a French attitude. Worst POS iI ever owned.
Mel needs to negotiate with FEMA. FEMA have a $1Billion budget for putting up an emergency broadcast satillite system and they haven't done anything with it in 3 years. SIRI could provide that system easily with just a couple of chanells. That would fix most of the SIRI financial problems.
The best buy on the board at this point in US Steel. (X) at $43.18. P/E is 4.6. 5 yr high of $196. If the govt starts infrastructure projects to get the economy going this stock will jump.
There are so many other stocks that are rediculously priced due to the panic that all money is coming out of speculative stocks and into those with good financial fundamentals. This is a once in a lifetime opportunity to buy quality stocks.
siriphone: Volume is down because there are no buyers for this very speculative stock. You would not buy 100 shares, you would only buy in 1000 share blocks, reducing your costs to 2.12% (by your math above).
I am out of SIRI now but will be back when XLF retraces 20%. That will be the bottom.
I did well last week with NCC, but I would not advise that move again since news came out today that NCC is looking for buyers - just like Wachovia did before they went under. However, if the Fed pushes NCC to sell to a larger bank, there may be a huge opportunity for 1000%+ gain just as Wachovia and Bear Sterns saw when they recovered from the very bottom after the selloff - that is if common stockholders are not wiped out. A risky play but with HUGE rewards.
I personally think Cramer is a clown, but unfortunately he has a following that does listen and act on his advice. SIRI stockholders should know that by now.
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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Latest | Highest ratedSirius XM Has Long Term Staying Power [View article]
How the Treasury Bubble Will Burst and Why [View article]
Resource Companies Will Benefit from Global Government Spending [View article]
US Steel produces wire products (nails), channels, angles, flats, I beams, and in particular concrete reinforcement bar (rebar). One of the initiatives which will be required in the near future will be a huge investment in rebuilding our highways and bridges. US Steel should benefit greatly form this.
GM/Chrysler Merger Could Be Very Interesting for Sirius [View article]
Sirius Shares Priced Like Stamps [View article]
Sirius Shares Priced Like Stamps [View article]
Sirius Shares Priced Like Stamps [View article]
Sirius Shares Priced Like Stamps [View article]
Sirius Shares Priced Like Stamps [View article]
Sirius Shares Priced Like Stamps [View article]
O & A Provide Sirius Stern Fans with Solution [View article]
Understanding Sector Rotation [View article]
I am out of SIRI now but will be back when XLF retraces 20%. That will be the bottom.
I did well last week with NCC, but I would not advise that move again since news came out today that NCC is looking for buyers - just like Wachovia did before they went under. However, if the Fed pushes NCC to sell to a larger bank, there may be a huge opportunity for 1000%+ gain just as Wachovia and Bear Sterns saw when they recovered from the very bottom after the selloff - that is if common stockholders are not wiped out. A risky play but with HUGE rewards.
Understanding Sector Rotation [View article]
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...
How the Rescue Plan Affects Sirius [View article]