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Mel is smart enough to know that the more he says in a market like this with all the problems SIRI has had in the last 2 years, the more likely he is to bring on a shareholder suit that will cost the company money. Mel doesn't disappoint, which is why he has institutional inverstors at all. His estimates for the stock are always just a little under what comes in every quarter.
Dec 02 09:57 am
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All Comments by bananaz »Ousting Sirius CEO Karmazin Is a Crazy Idea [View article]
In this toilet bowl of a market he knows that only performance will raise the stock permanently. This will take a while, a couple of quarters anyway to start to come around.