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View Full Version : Sirius Sell Off on Large Losses



Vince
02-17-2006, 07:56 PM
After XM's disappointment yesterday, today Sirius reported larger than expected losses and the Sat Radio stocks are getting hit again....

MCIBUS
02-18-2006, 08:24 PM
Simple answtr

1) lower subscription price
2)lower receiver cost for home units
3)lower car receivers for cars

if they would do this I bett more people would buy one.

Sell the car radio fo $50 & the home unit for $100

Jaspear
02-18-2006, 08:46 PM
MCIBUS, in the US, radios can routinely be had for $50 or so. Sometimes even less. The stock "sell off" isn't the result of low subscription numbers, but rather, the higher than expected costs to acquire subscribers and talent.

This "sell off" could be an opportunity to buy in or add to Sirius and XM stock positions. You know the old saying......."Buy low, sell high"!