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Originally Posted by BlueWire
I've watched the stock for a long time now...
1) XM is a better product. Anyone who has had both and has a brain would agree
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I've had both. XM doesn't have any stations I like.
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Originally Posted by BlueWire
2) Neither are a particularily good investment other than short term swing trading.
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You are definitly more wrong.
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Originally Posted by BlueWire
Because the future for United States consumer market (Next 5-10 years) is looking grim. Without getting into all the details now...
Basically, if your avg american family is worried more about necessities to use their money for....The LAST thing on their list is going to be some as un-needed as satellite radio.
Its a cool thing and I love mine (XM one  )....But its not cool enough to takeover conventional free radio. This isnt cable television we're talking about here. Consumer debt in the county is at an ALL TIME high right now because the feds had rates so low for so long. Well now everytime the fed raises , the interest is getting worse and worse for the majority of those that took out these loans. Americans have never lived so much off of credit as they have now. Mix in the baby boomers selling off for retirement, our rediculous current rate of inflation which after it spikes will create deflationary period just like it did about 70 years ago and then everyone's houses will drop drastically in price which is the main asset people hold.
The shit's going to hit the fan and if you want a stock to hold...Get stocks dealing with necessity. Not this insignificant bullshit that there will be NO CONSUMER MARKET FOR.
If you want to ride the train and hope it jumps back up to an overvalued 10 again before crashing down to 5 like last time. By all means, thats a swing trade and it could work out. But if you have dreams of this thing going to 20-30 and then sustained growth. Well then your head is in the clouds
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Just wait until OnDemand is released for satellite radio.... it will replace all music players.