Quote:
|
Originally Posted by Hey You . . . I Know You!
I know nothing about the others, but siri is a bad gamble at this price. Unless they introduce new (money generating) aspects to their business, the price will certainly go down. Since a new income generating aspect to the business would be a complete surprise, you are betting on hope alone (at this point).
|
I watch that stock close. Sat. radio is here to stay even though it will be a roller coaster for the investor. Better then expected sub numbers will put this stock on the move upwards again. Not to mention revenue gained from hardware sales this holiday and with the Stern Blitz.
If they blow away the sub numbers more revenue opps rise as they do have advertising slots for Stern and other key shows.
Is it a gamble short term yes. Long term no. Profit in late 2006. Skys the limit beyond that. Trade it and play it or hold it. Its made me a shit load of money.