MadBuffaloDisease Posted December 8, 2004 Share Posted December 8, 2004 How do you if there's even going to be a long term if you don't know whether the company can pay its bills or not? You don't even know how much long-term debt Sirius is carrying, but you're in it "for the long term"? That is all kinds of stupid. You're flying in "BF stupid" territory with that one... Stupid is as stupid does. I contacted the company. Link to comment Share on other sites More sharing options...
DC Tom Posted December 8, 2004 Share Posted December 8, 2004 Stupid is as stupid does. I contacted the company. 151304[/snapback] Contacted the company for what? I thought you didn't care about the balance sheet. Link to comment Share on other sites More sharing options...
MadBuffaloDisease Posted December 8, 2004 Share Posted December 8, 2004 Contacted the company for what? I thought you didn't care about the balance sheet. You're quick. Figure it out. Link to comment Share on other sites More sharing options...
mvbillsfan Posted December 8, 2004 Share Posted December 8, 2004 You're quick. Figure it out. 151310[/snapback] For the long term your better off with companies like GE or PEP!! Link to comment Share on other sites More sharing options...
MadBuffaloDisease Posted December 8, 2004 Share Posted December 8, 2004 Put it this way, I know enough about the company, the situation, and my thresholds to feel comfortable holding onto this stock for awhile. Like I said, if it tanks, you can all say "I told you so." But if you think I'm "stupid" for looking long-term with Sirius, so too is the NFL, who signed a 7-year deal with them. Same for Stern who signed for 5 years. Link to comment Share on other sites More sharing options...
DC Tom Posted December 8, 2004 Share Posted December 8, 2004 Put it this way, I know enough about the company, the situation, and my thresholds to feel comfortable holding onto this stock for awhile. Like I said, if it tanks, you can all say "I told you so." But if you think I'm "stupid" for looking long-term with Sirius, so too is the NFL, who signed a 7-year deal with them. Same for Stern who signed for 5 years. 151475[/snapback] I think you're stupid for not being able to differentiate between the company and the stock. Link to comment Share on other sites More sharing options...
taterhill Posted December 8, 2004 Share Posted December 8, 2004 people fail to realize that if a company goes in the tank...common stock holders are pretty much LAST in line Link to comment Share on other sites More sharing options...
DC Tom Posted December 8, 2004 Share Posted December 8, 2004 people fail to realize that if a company goes in the tank...common stock holders are pretty much LAST in line 151487[/snapback] Go in the tank? What are you talking about? Sirius is going to keep going up and up and up... Even if the company stays healthy, the stock valuation is insane. Link to comment Share on other sites More sharing options...
MadBuffaloDisease Posted December 8, 2004 Share Posted December 8, 2004 people fail to realize that if a company goes in the tank...common stock holders are pretty much LAST in line I know that. Trust me when I tell you that Sirius won't tank anytime soon. Link to comment Share on other sites More sharing options...
DC Tom Posted December 8, 2004 Share Posted December 8, 2004 I know that. Trust me when I tell you that Sirius won't tank anytime soon. 151496[/snapback] Trust you? Trust the guy that tells me that when looking at the long-term performance of a company, he needn't look at the balance sheet? Link to comment Share on other sites More sharing options...
Guffalo Posted December 8, 2004 Share Posted December 8, 2004 I know that. Trust me when I tell you that Sirius won't tank anytime soon. 151496[/snapback] Is this considered a tank now?, Down about 2 bucks off the opening, I just wanted to hang on until the new year so my short term gains roll to next years taxes.....damn Link to comment Share on other sites More sharing options...
taterhill Posted December 8, 2004 Share Posted December 8, 2004 Is this considered a tank now?, Down about 2 bucks off the opening, I just wanted to hang on until the new year so my short term gains roll to next years taxes.....damn 151708[/snapback] that quote is wrong, since i cannot tank Link to comment Share on other sites More sharing options...
DC Tom Posted December 8, 2004 Share Posted December 8, 2004 Is this considered a tank now?, Down about 2 bucks off the opening, I just wanted to hang on until the new year so my short term gains roll to next years taxes.....damn 151708[/snapback] There was a negative article on satellite radio in the WSJ this morning that scared a lot of people, it seems. Nasty little fall it took, though... Technically, though, a "tank" should be more than one day... Link to comment Share on other sites More sharing options...
GG Posted December 8, 2004 Share Posted December 8, 2004 There was a negative article on satellite radio in the WSJ this morning that scared a lot of people, it seems. Nasty little fall it took, though... Technically, though, a "tank" should be more than one day... 151723[/snapback] Just the boomerang effect of the WSJ story to the positives earlier in the week. This stock is all about emotion, not valuation. Link to comment Share on other sites More sharing options...
DC Tom Posted December 8, 2004 Share Posted December 8, 2004 Just the boomerang effect of the WSJ story to the positives earlier in the week. This stock is all about emotion, not valuation. 151760[/snapback] No, it's all about valuation. It's going to go up and up and up and up and up... Link to comment Share on other sites More sharing options...
taterhill Posted December 8, 2004 Share Posted December 8, 2004 Blue Horse Shoe Loves Anacot Steel Link to comment Share on other sites More sharing options...
Guest Guest_rolly_* Posted December 8, 2004 Share Posted December 8, 2004 Sirius dropped 25% today and it's at $6 and some change. Link to comment Share on other sites More sharing options...
EZC-Boston Posted December 8, 2004 Share Posted December 8, 2004 People who sold @ $8 will make a lot more $$$ than those who sell @ $6, but I guess those who sell @ $35 will make out best of all though... Link to comment Share on other sites More sharing options...
MadBuffaloDisease Posted December 8, 2004 Share Posted December 8, 2004 When Smith Barney talks... Link to comment Share on other sites More sharing options...
EZC-Boston Posted December 8, 2004 Share Posted December 8, 2004 When Smith Barney talks... 151876[/snapback] From CNN.com: Shares of Sirius Satellite Radio (down $2.22 to $6.79, Research) fell 20 percent and topped the Nasdaq's most-active list after Smith Barney cut its rating to "sell" from "hold," citing valuation. Shares have been on a tear since October, when shock jock Howard Stern said he would leave Viacom's Infinity Broadcasting to host a show for the paid radio station, starting in 2006. Link to comment Share on other sites More sharing options...
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