Replies to post #28112 on Sirius XM Holdings Inc (SIRI)

[lasers]

Quite simply. Why exactly did GS choose this exact moment to downgrade SIRI to "neutral" based on PPS appreciation??? The downgrade was done on Fri and the PPS had closed at $3.91 on Thurs.

Goldman's Matthew Niknam is sticking to his current 12-month target of $4.25, but the stock is being downgraded from buy to neutral since it has already appreciated substantially since being added to the firm's Americas Buy List -- with an initial $3.50 price target

As for your comments.

That is unlikely or otherwise illegal and someone will end up in jail for stock manipulation.

Is it all about yellow journalism? or just plain manipulation? or just plain collusion? Good luck to try and prove anything!

Meanwhile for those that believe in SIRI fundamentals, this is a great opportunity to buy more shares or even increase shares buyback.