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View Full Version : Google to buy sirius radio??

orlik7
08-04-2009, 09:21 AM
Seems like rumors might be true, looking at SIRI for the past sessions. Some analyst set the price target $50. I'm curious to know what data he based his analysts upon? MAYBE, if Google pays off SIRI's debt. After all, what's a billion dollars for Google? Pocket change.

Are we really going to have SIRI Internet in cars now?
Rat Fink
08-04-2009, 10:21 AM
Seems like rumors might be true, looking at SIRI for the past sessions. Some analyst set the price target $50. I'm curious to know what data he based his analysts upon? MAYBE, if Google pays off SIRI's debt. After all, what's a billion dollars for Google? Pocket change.

Are we really going to have SIRI Internet in cars now?


If it tanks below $2.00 give us another shout.

At $50 a share I can give a long list a definite plays
btbulldawgs
08-04-2009, 01:54 PM
Seems like rumors might be true, looking at SIRI for the past sessions. Some analyst set the price target $50. I'm curious to know what data he based his analysts upon? MAYBE, if Google pays off SIRI's debt. After all, what's a billion dollars for Google? Pocket change.

Are we really going to have SIRI Internet in cars now?

Where did you get the $50 target? Yahoo Finance? You can't be sirius?

The stock has been up a bit on anticipation of better than estimated earnings reports. Again this stock is bullish right now, but $50 is a bit of a stretch. There so far have been over 5500 Dec $1 call options purchased today. There are also over 110,000 open contracts for a Jan $2.5 call. A lot of people see this going quite a bit higher. Sirius will be a good profitable company in the future.

However, I just don't see Google buying them right now. It would currently cost about $2 Billion to purchase Sirius and at your price of $50 it would be $193 Billion. Is this really feasible?

I am interested in your source for the rumor, Do they know someone inside Google or Sirius?

But yes, buy Sirius now around $.50-.60, just don't expect the $50. But hey man hopefully I'm wrong you could make a ridiculous amount of cash.