InvestorsHub Logo
Followers 27
Posts 3412
Boards Moderated 0
Alias Born 12/04/2012

Re: Riverheaddaddy post# 153064

Monday, 12/14/2020 6:30:53 PM

Monday, December 14, 2020 6:30:53 PM

Post# of 167533
It’s hard for me to compare CBDD with SIRI. SiRI was merged and ran by Mel Karmazin who grew into the job from leading Mertomedia for the late John Kluge. You can’t compare him, nick named “the zen master” with the CEO of CBDD. Also Mel had contacts with John Malone of Liberty media who invested 600million in preferred stock to save SIRI - he wouldn’t do that without extreme confidence in sat radio and Mel. This is in no way I can conceive compares to CBDD. Let’s not sell under false colors - this company has done some remarkable dollar volume - but most of it is paid promotion which is very expensive. I’m not trying to be an ass here - you’ve just mentioned SIRI a few times and I happen to know that co very well. This and just about every other stock is a crap shoot. Sometimes you win sometimes you lose - this one is extremely risky - I’ve made money going short last week because of heavy promotion at one time I was down $15,000 before it reversed and made me $15,000. But that’s the nature of trading. Best of luck to you.