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Sirius Stock
I recently purchased some Sirius stock, anticipating a big boost from Howard Stern. My Question is what would be a reasonable stock price expectation if Stern brings in 900 million in gross revenue over the next year? I based that number on 25% of his listeners buying the hardwar and paying roughly 144/year in subscription fees
Thanks!
Dave M
I think stock will hit at least 8 by year's end, but I'm hoping for 10.
I know hope isn't part of the equation, but I'm holding my shares either way.
I have said it before and I will say it again, when you no longer hear Howards voice on teresstrial radio the boat will be drifting away from the dock.
Not sure about the gross revenue number but you can make the argument that the stock is gonna move. Good entry point would have been in the high $5's. I'd love to see what's gonna happen once Howard is on board.
