Here is a report by Merrill Lynch about SIRIUS, they say, "Share Decline Creates Buying Opportunity. You can read all the details in this PDF file. Some topics they look at are:
- Confusion over Howard Stern share registration creates buying opportunity
- Selling for tax obligations possible
- Maintain Buy rating with $9 price objective
Also some good breakdowns.. check it out here
In other news FORBES.com has a story that thinks SIRIUS may see Q1 Sub Upside...
"Our checks indicate Sirius may have activated 180,000 subscribers on January 9, Howard's first day." READ FULL STORY HERE