Sirius Up Again; Trend Should Continue. Ford and GM… What About Them?
Sirius XM Radio (NASDAQ : SIRI ) is up again today. The significantly undervalued stock has been climbing steadily this week. The only reason the stock has not completely taken off is that most investors are waiting for SIRI fourth quarter earnings. The fourth quarter will be the first real quarter where any synergies will be realized from the merger between the two satellite radio companies.
The stock has struggled since the merger to ever pick up ground, mainly due to the stock being highly devalued by so many additional shares being issued. SIRI is also being held down by the automotive companies who seem to be in a never ending lingo. Do not forget that Sirius is in every major automobile manufacturer.
There was good news this week as Ford ( F ) negotiated with the union to cut better health care deals. Ford is the one American auto company that may just ovoid bankruptcy without severe government help. Both General Motors ( GM )and Ford are up today, trying to convince investors they will make it.
GM only really has a few things going for it. The new Camaro is debuting soon, which should increase sales. The only problem is the V6 Camaro is turning to be the truly hot ticket… not the more expensive v8. The V6 Camaro has as much horsepower as the V8 1998 Camaro. No company likes a car that sells most of it’s units at the base price.
Chrysler?… Do not buy Chrysler… ever.
These are bargain stocks. Do all of these stocks deserve the bargain price?
Note: I am currently using TradeKing!, and could not be happier! $4.95/Trade. They have offered a promotion to our readers!
Switch to TradeKing and get up to $150 in transfer fees reimbursed.
Comment by Mario on 25 February 2009:
A couple of months ago (before the crisis really started), I read a rumour on the internet that European car-builders where planning to use sat-radio, just as in the US. It didn’t say which builders, but the only logical ones would be Mercedes and the French (probably Renault).
I also remember reading that they where planning to work together with an existing sat-radio company (And the only one I’ve heard of is Sirious.), and probably combine this feature with the possibilities that the Galileo-project will bring. This seemed to be good news, so I bought some shares when the stock market went down.
Unfortunately the galileo-project has been delayed, thanks to the crisis, and this might have delayed the sat-radio ideas.
The worst part of this, is that I’ve never heard/read anything again concerning this matter. Even the site where this news was posted seems to have disappeared, because I can’t find it anymore.
Has anyone heard/read anything on this matter? I’m from the Netherlands and I don’t have access to all the financial news of the US-market, so I hope someone can help me with this enigma.
Comment by Alexander Nobles on 25 February 2009:
Mario…
I doubt this could be true… only because SIRIUS does not have satellites above Europe. Somebody can correct me if I am wrong…
They do not have the money to launch another satellite, and start up a whole new service.
Not saying that it is not an option down the road though…
We shall see!
Comment by Mario on 26 February 2009:
I don´t think it was the plan to use existing Sirious satellites or to launch a new one. It would be strange to have US-radio in Europe, so I think the idea was to use Sirious technology and know-how, combined with the use of European satellites and radio-stations.
I remember reading that they where planning to somehow combine the whole idea with the Galileo-project(gps and radio in one system?).
So let`s hope Galileo gets back on track to see if this rumour will reach the internet again (and hopefully the headlines as siri[o]us news)
Comment by supra shoes on 9 July 2010:
supra shoes
supra footwear
supra sneakers
radii shoes
radii footwear
cheap supra shoes
supra shoes sale
supra
visvim
visvim shoes
visvim shop
visvim online
visvim sneakers
Nike Air Max
Nike Air Max Shoes
Air Max Classic
Cheap Nike Air Max
Air Max Shoes
Air Max Trainers
Nike Griffey Max
Buy Nike Air Max
supra skytop
supra skytops
supra skytop shoes
cheap supra skytop
supra skytop high
supra vaiders
supra vaider
supra vaider shoes
cheap supra vaider
supra vaider low
supra vaider low shoes
cheap supra vaider low
supra skytop II
supra skytop 2
supra skytop ii
supra skytop 2 shoes
cheap supra skytop 2
supra skytop III
supra skytop 3
supra skytop iii
supra skytop 3 shoes
cheap supra skytop 3 shoes
supra tk society
supra tk society shoes
tk society
supra tk
supra tk shoes
supra tk society sale
cheap supra tk society
supra society
supra society shoes
cheap supra society
supra society sale
supra skytop women
womens supra skytop
supra skytop for women
supra strapped ns
supra strapped ns shoe
supra strapped ns shoes
supra strapped
strapped ns shoes
supra soprano high
supra soprano high shoes
supra thunder
supra thunder shoes
supra thunder high top
radii 420 top
radii footwear 420 top
radii 420 top shoes
radii 420 top lifestyle footwear
radii straight jacket
radii straight jacket shoes
radii straight jacket sneakers
radii straight jacket lifestyle footwear
radii strangler
radii stranglers
radii strangler shoes
radii strangler footwear
visvim christo
visvim christo sale
cheap visvim christo
Visvim Christo 2010
Womens Visvim Slippers
Women’s Visvim Slippers
visvim slippers
visvim fbt
cheap visvim fbt
visvim fbt shoes
visvim fbt shop
visvim fbt sneakers
visvim f&i laboratory
visvim free international laboratory
visvim hockney
visvim hockney shoes
visvim logan lattice
visvim logan lattice shoes
nike match classic hf
nike match classic hf shoes
Comment by jordan shoes eleven on 17 August 2010:
Abundance is a life cheap nike jordan on sale style, a way of living your life. It isnt something jordan shoes eleven you buy now and then or pull down from the official nike jordan shoes cupboard, dust off and use once or twice, and then air jordans 1 return to the cupboard.Abundance is a philosophy; it appears in your air jordans six rings physiology, your value system, and carries its own jordan retro eights set of beliefs. You walk with it, sleep with it, bath with it, feel buy jordan elevens with it, and need to maintain and take care of it as well.Abundance doesnt always men orginialjordan retro elevens require money. Many people live with all that jordan retro elevens money can buy yet live empty inside. Abundance begins inside with some air jordan 13 main self-ingredients, like love, care, kindness and gentleness, thoughtfulness and jordan retro 14 compassion. Abundance is a state of being. It radiates air jordan 4 outward. It shines like the sun among the many moons in the nike jordans world.Being from the brightness of abundance doesnt allow the new air jordans darkness to appear or be in the path unless a choice to allow authentic nike air jordan shoes it to. The true state of abundance doesnt have men’s air jordan on sale room for lies or games normally played. The jordan shoes clearance space is too full of abundance. This may be a challenge because we still need to jordan on sale free shipping shine for other to see. xy