Merrill Lynch Upgrades Sirius Satellite (SIRI) to Buy
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Merrill Lynch upgrades Sirius Satellite Radio, Inc. (Nasdaq: SIRI) from Neutral to Buy.
Sirius Satellite Radio, Inc. provides satellite radio services in the United States.
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Goldman and Merrill
The downgrade at Goldman was when the PPS was 2.40. The upgrade at Merrill is when the PPS is 1.92. That DOES make sense. I hope Goldman is wrong in its analysis.
Growth stock
Merrill can see the value in this stock, and at this ridiculous price have slapped a BUY on this puppy . Once Sirius completes the merger and realizes all the synergies we will have a lean cash machine and others will re valuate the company, and then its a quick rise into the teens. Cheers Q
Goldball Sachs is lying
Goldnut is just flat wrong, and it's nice to see this validated over and over and over again.
siri upgrade
Sure seems strange that one co. gives siri a downgrade and a price target of 1.76 and then merrill upgrades to a buy at 1.92. Such crooks on wall st.
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Mouse Trap: Sirius
Ray on Jul 11, 2008 12:12 PMI am not so sure "crook" is the appropriate word, but unethical business practices could apply. These things are difficult to prove and end up sounding more like conjecture so its best to just stick with facts and go from there. The fact is, Wall street is nothing more than a casino with a little bit better odds than Las Vegas. Sirius has been taken down for more than two years and the only investors to come away with any money are those in the "KNOW"...ie...those of you who know how to play this game. If you have been long over a two year period, then you are the proverbial "Bag holder". The latter is their term, not mine. "They" laugh at people like us, because we are simply the simple sheep. Who are "They"...they are the underwriters, the Analysts, hedge funds, the big mutual fund managers, the accountants, and even independent auditors. The fairness regulations that were began in 1999 were good idea's if they worked, but unfortunately for the average investor, "They" have learned to circumvent those rules and are still on the take. "sirius" is proof of that. I would highly recommend a book called: Take on the Street: What wall street and corporate America don't want you to know.