Sirius Radio stock is on a roll

[CrazyTrader55]

After bottoming out at $2.45 per share, the stock is now trading at $3 and climbing. None other than Warren Buffett bought 1.9 million shares of the company, recently.

 

[Dekster]

After bottoming out at $2.45 per share, the stock is now trading at $3 and climbing. None other than Warren Buffett bought 1.9 million shares of the company, recently.

Well good luck with that over the long haul. WB also bought up our local newspaper several years ago and kept jacking subscriptions and ad costs up every few months until he basically bankrupted it and then sold it off.

 

[Harpy Eagle]

After bottoming out at $2.45 per share, the stock is now trading at $3 and climbing. None other than Warren Buffett bought 1.9 million shares of the company, recently.

Which is why it is climbing.

I would be careful with this one, Buffett dumping his shares would drive it back into the ground.

Hard to believe in this day and age with so many streaming options that anyone would still use it. Looks like the subscriber base has been stagnant for a while now.

 

[CrazyTrader55]

Which is why it is climbing.

I would be careful with this one, Buffett dumping his shares would drive it back into the ground.

Hard to believe in this day and age with so many streaming options that anyone would still use it. Looks like the subscriber base has been stagnant for a while now.

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I hear you on the streaming services but I gotta tell you - I love this product and have had it a long time and won't get rid of it and I'm sure there are plenty of other 40, 50, 60 years olds, etc who would tell you the same thing.

 

[Harpy Eagle]

I hear you on the streaming services but I gotta tell you - I love this product and have had it a long time and won't get rid of it and I'm sure there are plenty of other 40, 50, 60 years olds, etc who would tell you the same thing.

I am surprised 40 year olds use it, but I get the rest. the problem is they are going to start dying off or retiring and cutting cost and it seems they are not picking up new people

 

[White 6]

After bottoming out at $2.45 per share, the stock is now trading at $3 and climbing. None other than Warren Buffett bought 1.9 million shares of the company, recently.

I like Sirius, have subscribed for years.

 

[Harpy Eagle]

I like Sirius, have subscribed for years.

let me guess, you are over 50?

 

[White 6]

let me guess, you are over 50?

Closer to 70. You prefer standard FM stations? I assume, you live in a large market, where there is a greater variety, or you are enamored with Johnboy and Billy?

 

[candycorn]

I kept waiting for them to have some sort of exclusive deal with an artist to where you’ll only hear one of their songs on Sirius. They never did it.

So what they became was just a curator of music. For some reason, they don’t make all of their curations available in the car. Not sure why.

 

[leftwinger]

Sirius sports talk shows are superior to any other I have found. CH80-CH88 on my Sirius.

 

[Harpy Eagle]

Closer to 70. You prefer standard FM stations? I assume, you live in a large market, where there is a greater variety, or you are enamored with Johnboy and Billy?

I prefer streaming music/podcast via my phone.

I could not tell you the last time I actually listened to a radio station.

 

[White 6]

I kept waiting for them to have some sort of exclusive deal with an artist to where you’ll only hear one of their songs on Sirius. They never did it.

So what they became was just a curator of music. For some reason, they don’t make all of their curations available in the car. Not sure why.

I do not understand that either. At home, I listen to the Sirius XM ExtraChannels, though, next time I head to Florida or other long distance driving vacation, I will follow this trend using the ap on Iphone as I do out back. In here, in the study, I often have it on in the background on this PC, while reading or here on the board.

 

[leftwinger]

I prefer streaming music/podcast via my phone.

I could not tell you the last time I actually listened to a radio station.

More nonsense. you can get Sirius on your work PC or on your phone. I am pretty sure the music channels are all commercial free? And for loons like you they have howard stern and his marxist BS for you to wack off too you sick POS. Go to panama already.

 

[Harpy Eagle]

More nonsense. you can get Sirius on your work PC or on your phone. I am pretty sure the music channels are all commercial free?

that is very nice, still no reason to use it when I can do everything it offers I want via other source that are far cheaper.

Go to panama already.

I wish, still stuck here for 5 more years.

 

[CrazyTrader55]

SIRI is one of the better trades I've made in quite a while, didn't get in right at the bottom, $2.45, rather at $2.73 but at 1900 shares I have a nice profit, however I may continue to hold. I see no reason this can't get back above $5.

 

[Harpy Eagle]

SIRI is one of the better trades I've made in quite a while, didn't get in right at the bottom, $2.45, rather at $2.73 but at 1900 shares I have a nice profit, however I may continue to hold. I see no reason this can't get back above $5.

If you sold now it is only 700 bucks, not sure that is worth a 5k risk.

But hey, you do you!

 

[Harpy Eagle]

SIRI is one of the better trades I've made in quite a while, didn't get in right at the bottom, $2.45, rather at $2.73 but at 1900 shares I have a nice profit, however I may continue to hold. I see no reason this can't get back above $5.

They are looking to do a 1-10 reverse split during the 3rd quarter. Your 1900 shares become 190.

 

[CrazyTrader55]

They are looking to do a 1-10 reverse split during the 3rd quarter. Your 1900 shares become 190.

Are you sure about this?

 

[Harpy Eagle]

Are you sure about this?

1 Stock-Split Stock You Can Confidently Buy for the Second Half of 2024, and 2 to Avoid | The Motley Fool

Nine prominent businesses have announced stock splits in 2024. One of these companies is cheaper than it's ever been, while history suggests two others are poised to disappoint their shareholders.

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The Motely fool sees this as a good thing, I am not so sure. The best thing about cheap stocks is how many shares you can buy so if they go up you make a lot due to the sheer number of shares. I would not want the number cut by 90%

But that is just me.

 

[leftwinger]

that is very nice, still no reason to use it when I can do everything it offers I want via other source that are far cheaper.



I wish, still stuck here for 5 more years.

You don’t get what they offer without working or building it yourself. Sportstalk and 50 commercial free non-stop music channels by type. Learn to read you obstinate OX.