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Karmasaur

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Karmasaur

Re: loanranger post# 88

Wednesday, 06/22/2011 8:31:39 PM

Wednesday, June 22, 2011 8:31:39 PM

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Ranger, I know speculation is not your "thing",...but why do you suppose people are willing to pay 600+x earnings for sirius satellite radio.


I understand it's not easy getting that many "jukeboxes" to orbit the earth. I also understand that if the company is ever able to overcome it's debt load it will be immensely profitable.

The whole company seems to be living in a glass house to me though.

I've already decided I'm gonna buy a specific amount of september puts on it, so I'm not fishing for advice.

any thoughts? I understand if not.


karma

The steps of a good man are ordered by the Lord; and he delighteth in his way.

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