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Old 12-08-2004, 12:42 PM   #1
strobi
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sirius is going down

down 21% today.

http://finance.yahoo.com/q?s=SIRI

who is still holding this stock? alot of GFY'er do...
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Old 12-08-2004, 01:18 PM   #2
ATL_Ryan
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What happened. I thought it was going up.
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Old 12-08-2004, 01:21 PM   #3
enter »
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I don't have any but it will spike again when Howard actually makes the move, and if he leaves early it will spike for sure.
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Old 12-08-2004, 01:40 PM   #4
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It will come back up.
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Old 12-08-2004, 01:42 PM   #5
BigWebRev
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It will come back up.

three weeks and it will be 15+ dollars
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Old 12-08-2004, 01:43 PM   #6
ztik
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pump pump
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Old 12-08-2004, 01:43 PM   #7
woodman
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Infinity said that they are making Stern stay the entire full year of his contract. I think WS is worried they won't see the new signups from Stern Fans until much later than they hoped.
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Old 12-08-2004, 01:46 PM   #8
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The amount of time between now and Howard actually going to them is to great. I think a good deal of people bought the stock thinking Christmas was going to boost their sales, but since the deal is 2006, it didn't happen.
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Old 12-08-2004, 01:49 PM   #9
liquidmoe
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If you read the news articles attached the reason for the drop is that two companies downgraded their ratings of Sirius, based on the fact that the stock climbed too high too quickly, although they still believe in the fundamentals of the company they feel that the current stock price which is nearly 3x what it was 2 months ago is a bit over inflated. So if you got in early, stay for the long haul, the drop is just a correction that was overdue because of the inflation.
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Old 12-08-2004, 02:00 PM   #10
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$8.7 Billion market cap? hmmmm
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Old 12-08-2004, 02:04 PM   #11
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Quote:
Originally posted by liquidmoe
If you read the news articles attached the reason for the drop is that two companies downgraded their ratings of Sirius, based on the fact that the stock climbed too high too quickly, although they still believe in the fundamentals of the company they feel that the current stock price which is nearly 3x what it was 2 months ago is a bit over inflated. So if you got in early, stay for the long haul, the drop is just a correction that was overdue because of the inflation.
hold this puppy, it will be back up quickly
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Old 12-08-2004, 02:05 PM   #12
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I have a few SIRI stocks.. bought them at 6.57
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Old 12-08-2004, 02:08 PM   #13
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I have a few SIRI stocks.. bought them at 6.57
as in 3?
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Old 12-08-2004, 02:12 PM   #14
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It will come back up.
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Old 12-08-2004, 02:20 PM   #15
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it may have something to do with toyota signing XM with their fleet of cars as a factory installatuion option which was announced on their site yesterday. then again what do i know.
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Old 12-08-2004, 03:01 PM   #16
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big future market only two competitors - both stocks should do well
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Old 12-08-2004, 03:32 PM   #17
biskoppen
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as in 3?
Maybe
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Old 12-08-2004, 03:45 PM   #18
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Super. Good time to buy soon. Let the sheep bail just a bit more.
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Old 12-08-2004, 03:46 PM   #19
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Originally posted by BigWebRev
three weeks and it will be 15+ dollars

insiders know
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