Jump to content

Shit is Sirius


Kevin R.

Recommended Posts

If I lose my satellite radio I'ma be pissed. I've got 6 months left on my contract. Even though, I must say I prefered the music before the merger.

 

Yeah that is what I have been reading. One of the reasons their shit dropped in half the last day or two. Plus, their ties to US auto is killing them. :ninja:

Link to comment
Share on other sites

They've been running with millions in debt since they started, im sure they will continue regardless of stock price. Worst case a private party buys them out and switches the name.

 

?

 

Stock price = value of future cash flows.

 

I saw their market cap drop 200 million in a week. They're losing money like hot cakes.

 

But agreed, someone will swoop em up.

 

:ninja:

Link to comment
Share on other sites

?

 

Stock price = value of future cash flows.

 

I saw their market cap drop 200 million in a week. They're losing money like hot cakes.

 

But agreed, someone will swoop em up.

 

:ninja:

 

Oh I agree, but they have been outflowin cash since day one. They have not seen a penny of real profit. To my knowledge the actual satellites are worth more than the company itself. They arnt going to repo it from out of space.

 

More likely someone would come in and buy up the company at a much reduced price. Who will get burned are the stockholders if a buyout ever happened. Also, even though 200 mil in a week is a lot, but in the business world that is nothing.

Link to comment
Share on other sites

If they bail out the auto manuf. it will almost be a bailout for Sirius.

 

 

:ninja:

 

 

Thats there main problem right now. Oh that and the whole market is undervalued and waiting to see what obamas monetary policies will be.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...