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-   -   sirius is going down (https://gfy.com/showthread.php?t=399937)

strobi 12-08-2004 12:42 PM

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...

ATL_Ryan 12-08-2004 01:18 PM

What happened. I thought it was going up.

enter » 12-08-2004 01:21 PM

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.

Poppy 12-08-2004 01:40 PM

It will come back up.

BigWebRev 12-08-2004 01:42 PM

Quote:

Originally posted by poppy
It will come back up.

three weeks and it will be 15+ dollars

ztik 12-08-2004 01:43 PM

pump pump

woodman 12-08-2004 01:43 PM

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.

V_RocKs 12-08-2004 01:46 PM

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.

liquidmoe 12-08-2004 01:49 PM

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.

BRISK 12-08-2004 02:00 PM

$8.7 Billion market cap? hmmmm

cosis 12-08-2004 02:04 PM

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

biskoppen 12-08-2004 02:05 PM

I have a few SIRI stocks.. bought them at 6.57

RedShoe 12-08-2004 02:08 PM

Quote:

Originally posted by biskoppen
I have a few SIRI stocks.. bought them at 6.57
as in 3?

Manowar 12-08-2004 02:12 PM

Quote:

Originally posted by poppy
It will come back up.
:glugglug

Lonny 12-08-2004 02:20 PM

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.

cosis 12-08-2004 03:01 PM

big future market only two competitors - both stocks should do well

biskoppen 12-08-2004 03:32 PM

Quote:

Originally posted by RedShoe
as in 3?
Maybe

Furious_Male 12-08-2004 03:45 PM

Super. Good time to buy soon. Let the sheep bail just a bit more.

seeric 12-08-2004 03:46 PM

Quote:

Originally posted by BigWebRev
three weeks and it will be 15+ dollars

insiders know :winkwink:


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