What yall got to say about Sirius as a long term investment?
Stability and growth-wise?

 

I think they are going to have a hell of a time paying Stern's $$.

 

I own some SIRI, but I have a lot more value in XM. The stock will probably go up, but it may take some time. I'm not happy that is hasn't been able to surpass 6 bucks for a over a month. I'm waiting to see the earnings reports for XM and siri in July. I'm hoping for a boost in both stocks.

 

I have lost my shirt in SIRI so far long term. I got in at 7.50. Do the math.

 

$12 by end of year. If 10% of Stern's listeners come onboard in the 3 and 4th quarters it may go even higher.

Possible $50 a share in 5 years.

Of course there are no Fundamentals to support my personal opinion. XM doesn't have the fundamentals to support their current price either. Basically Satellite radio is what cable tv was 20 years ago. Everyone said they would never pay for television. No look at how many people subscribe to pay tv.

Both XM ans Sirius are launching more birds to support extended coverage in Canada. Within 5 years expect to see 30 million plus subscribers to satellite radio.

Car makers are the main catalyst for this technology at this time. More people will jump on board and install these systems in their homes eventually.

 

Both companies are spending like crazy, with Sirius outbidding XM like crazy on just about everything except MLB. The only problem is Sirius has less than 2 million subscribers and a whole lot more debt than XM. XM have 4.5million people paying, even with the recent price increase they are still gaining ground. I don't see Sirius or XM making any money for years to come, but Sirius has a lot of debt to cover, more so with Stern coming on board at 500million over 5yrs.

 

I wouldn't go near Sirius. Way too much debt and too few subscribers. No way would I bet on a company with such financials.

 

Completely agree. It might be a short term play but I wouldn't put any money into it for a long term holding.

Before invest in SIRI I highly suggest reading this. Brings out a very good argument against the stock...

http://marketjunkie.blogspot.com/200...-delusion.html

 

The time to get in was last year when it was trading around $3/share. I have made $$ and will continue to do so. I do see this stock at $30 in the future (2-3 yrs). Why? Well, there are only 2 providers of Satellite radio content, and one is way more expensive per share at this point. Yes, HD radio is around, but it is still a little expensive for some stations to implement. Will it be the next big thing? Maybe, it is free and does improve the clarity of the songs, but truthfully in radio it's more about content than anything else. Without good content, no one will listen.

Again, this price point is purely speculation on my part. I'm in it for the long haul. I doubt that I'll lose anything on it (got in at $2.98/share) and I do have a price that I am willing to sell at. I'm just going to wait and see at this point.

 

i was thinkin after a few years, their profits would pay off their debts and the stock would eventually start to rise, because there is like no competition...

 

howard has 30-40 million listeners, who are very loyal. i cant imagine 5-10% of them not going with sirius to listen to his show...not to mention the auto maker's who have sirius installed from the factory. i have no worries with this one.

 

Does anyone know how much Sirius would net per subscriber and/or how much they gross per subsriber is out toward paying debt?

I agree that when Howard starts up, they will get a large boost in subscriptions.

 

it's up almost a $1 since last week, which means its moving?

 

i lost my shirt last year and now i'm back a little over where I began! yay!

 

yea thats why theres a difference between investing and trading

sirius is a tradeable stock, not a stock to invest in per se. ive traded sirius numerous times (both long for a few weeks and then shorted it a few times)

i wouldnt "invest" in it per se... as others have said, financials are not up to par. i can see why people are so optimistic and all but sitting and waiting long term to break $10+ will take many months... until after february for sure.

ill just stick to my shorts here and there and then the profit taking on the runs occasionally and thats that. kudos to anyone who has the balls to sit thru this stock for the longrun. shit has gone up to 9 back down to three, up to 7... so, hopefully itll pay off for you