Just a quick update from my alert on BBDA, its currently up just over 70%!!! Keep an eye on it as it could continue to move higher today and over the next few days.
Anyways Sirius Satellite Radio, as i'm sure many of us have heard of. Has begun a nice move over the last week or 2. Its rallied from about 40 or 50 cents and its now approaching 70 cents. I'd keep my eye on this stock as it could continue this push for the next couple weeks. This one definitely has potential to get back to where it was a few years ago (3-5 dollars) and that means you can recognize some pretty positive gains.
They recently merged with their only competitor (XM Radio) and they are beginning to see some of the benefits. As well they continue to meet debt deadlines and have been very successful at renegotiating and refinancing their debt. These debt questions, I believe to be the major reason their stock has suffered over the past year. So look for a good recovery as they continue to solve these questions.
Price:
SIRI: .67
1 comment:
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