Sirius Satellite (SIRI) - Ready for another run?

HappyHarry said: "Their long awaited deal with [url=http://www.thestreet.com/stocks/automakers/10235794.html]Ford[/url] is finally underway."

Avernus said: "[QUOTE=HappyHarry]Their long awaited deal with [url=http://www.thestreet.com/stocks/automakers/10235794.html]Ford[/url] is finally underway.[/QUOTE] I've been watching them closely along with KOSN and RHAT...these 3 have been moving along nicely and are showing great promise...but it appears I've missed the boat on KOSN...RHAT on the other hand could be just starting as well as SIRI. I think SIRI is a very promising stock at this point, regardless of their spending problems. Once they settle down, they will jump up greatly."

InvestorMan said: "[SIZE=3][FONT=Verdana]If you look at the daily chart for Sirius, you should notice that the stock price has been hitting a hard ceiling at $7.00. Why are sellers jumping into this stock at $7.00, I don't know. Sirius is making some serious (no pun intended) moves and is going to be a real contender. The stock is trading at 6.94 right now. When it moves up over 7.00, it should blast off.[/FONT][/SIZE]"

HappyHarry said: "I plan on tossing a few bucks into RHAT soon. I hate the way SIRI spends money."

mskern77 said: "We shall see how good a quarter, Sirius had? Historically, I believe the second quarter is usually pretty slow for sat. radio and starts to really pick up the end of 3rd quarter and 4th quarter. I am a share holder, and I am anticipating a run up as Stern comes on to Sirius. Everyone has said that he is already priced into the stock, but I believe as November and December roll around that the anticipation and the promotions that will be going on will create a buying frenzy for the product as well as the stock. I plan to take some profit off the table if the stock runs up too high too fast. But I am planning to hold for at least the next 5 years. I believe that sat. radio is just getting started and has a bright future, these first few years of course the company is going to be burning cash, trying to acquire good radio talent, like Sirius has, as well as, a strong customer base. But I must admit... I feel much better now that Mel is running the show. I always felt uncomfortable with Clayton in the driver seat. I also believe that XM is also a good company. Well just my 2 cents."

alhamid said: "sirius is still a very long way from profitability"

mskern77 said: "Once they meet profitablity next fourth quarter which I believe they will. I believe 4th quarter '06 Sirius will hit breakeven. After this the sky is the limit when you have great content and continued ad revenue."