Vismich

I have freinds just dumping $$ into Siriuses Stock now. I personally wanted to this morning...But is it smart to assume just Howard will take Sirius all the way?

I was thinking of buying 100 shares....But is that wise. Should I wait?

night201

I'd do it.

SISO

Personnaly I'm waiting to see if it drops back after the Stern hype is over.

jwild

That's a tuff question to ask, especially on this board. I'll let you know out front I own the stock, that's full disclosure..BUY it, BUY it BUY it...LoL..


It's what 400 bucks for 100 shares, if you got it do it, if not don't.. I'm long on the stock!!! But I bought it at $1.90...some time back..

Trap

It always drops back even with Stern on board it will drop back some.

siriusdawgy

Doesn't matter if you buy it all the way to $5.00, in January or a year from now you will be glad you did. There are going to be people that buy Siri at $10 next year and they will still make money in the future. imho

XM DUDE

I think in the long term(and that is why you buy stocks) both XM and SIRIUS are good bets, but SIRIUS will really go up over time.

siriusdawgy

Yep, without a doubt, satrad is the future, both Sirius and XM.

I never took Stern for being exceptionally intelligent but he sure has a habit of doing or saying the right things at the right time. Whether he is correct on HIM being the one to change radio is yet to be seen. Personally I think he is grabbing credit that isn't his, satrad would have blossomed without him. Because of the non-censored nature of satrad he would have probably been overshadowed by some new guy on Sirius doing the same schtick Howard does. Hward had to make the move or lose.

Siriusagacious

I agree. I think it will pull back some. But this is great news. The word of mouth advertising is HUGE on its own!!

jwild

I don't know what your talking about siriusdawgy..the guy's been doing his schtick for close to 20 years on fm radio..and has already changed that..as far as sat radio..he just gets the fcc off his back and can still be a entertainer..and even more shocking..

350 mil shares traded today, has to have some merit on his worth..on cbs market watch..the cfo from sirius says they figure on 40% of his fm market going to sat radio..thats 40% of 12 million listeners..like 4 million subs..

But i'm sure that it will drop off also, never fails..people taking profits..but I think more people will be sticking around longer, because the upside is their to be had...imo!!!

siriusdawgy

[quote="jwild"]I don't know what your talking about siriusdawgy..the guy's been doing his schtick for close to 20 years on fm radio..and has already changed that..as far as sat radio..he just gets the fcc off his back and can still be a entertainer..and even more shocking..


Agreed HS changed fm, and everything else you pointed out. The point is, he had to make the move before somebody else used the mold he created. Totally free speech over the air? There are many very talented peeps out there who could make it work overnight and in a big way. HS gets credit for starting it. Imagine what Lenny Bruce would have thought about complete free speech to the masses. We eventually will have unknown comentators become famous on this venue. HS will be hard to outdo though, huge loyal following. He probably will stay on top too, he is a creator, if it works, he will use it. One thing is for sure, HS is probably as happy as longs are about him coming to Sirius. Has he ever experienced free speech over the air? The expectation is going to give him butterflies for the next 15 months.
Pretty heavy day today, had a hard time getting any work done.

mgoblue

Actually, as of today, if the stock goes over $4.65, the company will be worth more on the market than XM is today. It's all in the number of shares outstanding. Every share of Sirius is less of the company than a share of XM is respectively.

I wouldn't buy it above $3.50 personally. But I have over 3500 shares at an average price of $2.55.

MGoBlue

siriusdawgy

Actually, as of today, if the stock goes over $4.65, the company will be worth more on the market than XM is today. It's all in the number of shares outstanding. Every share of Sirius is less of the company than a share of XM is respectively.

I wouldn't buy it above $3.50 personally. But I have over 3500 shares at an average price of $2.55.

MGoBlue[/quote]

The value of Sirius stock is not dependent on the value of xm stock. Many big companies have had market caps much higher than Sirius. Shares outstanding becomes less of an issue the longer a shareholder plans on retaining the stock. The more time that goes by the more subs Sirius will have and eventually the market cap will increase. Many companies in the float position Sirius now finds itself, did a stock buyback and reduced the float, if not thats fine too. Lots of companies out there with floats bigger than Sirius. Sirius will probably hit breakeven this year, if not, early next year, doesn't matter because it WILL hit breakeven soon. When that happens, subs above that point are all cream. Then earnings will increase the pps. People don't, or should not invest for what the value is today, they should invest for what it is down the road. Pick a pont. My sell point is not established because I think Sirius will increase in value for the next several years. Next year somebody will buy this stock at $7 to $10 on a spike thinking they blew it when it drops from their buy in level, and will still make an excellent return in a year or so if they hang on. The pps will NOT stay where it is!!!! This company is on line for exceptional growth, and that includes the pps!
I have enogh shares that it would not be courteous or wise to reveal, last time I checked I was averaged around $2.08. Began buying at $1.45. The arguement you made about the pps not going up was being made then also. Now look at the pps.

doubleAron

I am definatly interested in buying some sirius stock after reading some of these posts....but where is the best place to buy it thru?? cuz i have never bought stock b4 I'm 20 years old and I don't really have friends who know anything about the stockmarket or talk about it soo any information would be helpful...thanx in advance

siriusdawgy

Learning to invest at a young age is a big plus in life. Just be careful, learn how to do simple research and you will do well. Look into e trade, Scott trade, Ameritrade or other onliine brokers. They usually have a minimum $ amount to open an account , but you can always take most of that out after the account is open.
Good luck.