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  • Barrington Stays Positive on Sirius  [View article]
    Well this might be SIRI,

    I wouldn't get your advice from MarkbMark.......

    It is obvious that all of his well written posts are cut and pasted from some other source. The posts that he does actually write are confusing and are not factual. None of his hypothetical numbers make sence....He's working someone elses agenda.

    cos1000 is the wizard here,,,,listen to his every word when trying to make decissions......

    As for the share price you'll need to achieve after a split?? There's a million different scenarios. In the end it comes down to how well the company is doing..........

    I currently need $2.15 to get even......At this moment, with no more dilution, SIRI would need a $7 billion market cap for that to happen.

    I've given up waiting for that miracle.........If you wiped out the $1.1 bil due in 2009 with a magic wand and just made it go away, and then guaranteed $300 mil profit next year (which is not a guarantee) then at $2.15/sh SIRI would be trading at over 23x next years earnings........imposs...

    My focus is no longer on 10 years down the road. I'm focusing on the companies operations.

    Simply put, are they selling subs, and are they keeping subs??

    The answers to those questions over the next 2 to 4 months will determine what they do with reverse split, share dilution, debt, and every other concern.

    If business is good, the shares will take care of themselves.
    Oct 31 12:37 pm |Rating: 0 0
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