Simz6187

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    • ON: Fri Apr 25th 15:50 PM
      Commented on:
      CITI: $8 Target on Sirius
      This stock is going to jump a little on the final announcement. What we are waiting to find out is the FCC's stipulations for the merger. That's why the stock hasn't jumped yet. Also, the real catalyst for this stock will be refinancing xm's debt in this period of stricter lending. Once that happens and the companies can show that they've bought another 12-18 months of time to make positive strides towards profitability is really going to drive up the price of the stock! The reason why there is pressure on the stocks today is because the reports about the merger not being announced until late May early June. The longer it takes the more it DESTROYS these companies chances to succeed in a very competitive market
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