SIRIUS hits 700,000 subs

[Peter Parker]

69,000 in September and they say they are on target to hit 1,000,000 this year.

 

[paulyme]

Sirius stock

Why do you think that the SIRI stock price is staying flat with all the recent positive news ? Stern, Eminem, surpassing 700,000 subs and the new big deal with Ford motors. I would think the price should be headed upward more quickly.
Pauly

 

[Peter Parker]

Well it went up in the immediate aftermath of the Stern news. Since then amybe the price tag and general market blues have become a concern.

 

[Scott Greczkowski]

The problem is Sirius has too much stock floating around out there.

From what I see SIRIUS is doing well, in my area ALL stores are sold out of Sirius Equipment while XM equipment sits on the shelf. If you look at places like Crutchfield since the Stern announcement SIRIUS has become their #1 seller.