I've also been reading a lot lately about the government's possible stimulus package. That could help companies like Sirius, because consumers will have more disposable cash, and the radio services are not prohibitively expensive. They are at a price where people won't have to think long and hard before making such a buy.
Lastly, the stock weathered last week's storm pretty well and actually closed the week 12 cents higher than it opened on Monday. This week, the stock dropped back down to 89 cents on Monday and continued to slide a bit on Tuesday as well. In afternoon trading, the stock was trading near 86 cents a share. That's not a lot, and if you want to take a risk for a potentially sizable reward, Sirius is a good play. Keep moving the chains!- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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