quote:Originally posted by suzainiee: Something to think about:
November, 14, 2002 XMSR closed @ $2.32 November 17, 2003 XMSR closed @ 21.97 Closed around 27 Friday
They still have not made .01 profit--pps based on potential.
Their o/s is 204.446 millions. Our o/s is about 4.7 x Xm's. Do the math. . . . . . . .
[This message has been edited by suzainiee (edited August 22, 2004).]
its 46 x Xm's if the o/s you posted is right not 4.7 (that would only give us 960 million shares and I would love that. But it still won't matter when all is said. We will all make money at this price.
quote:Originally posted by suzainiee: Their o/s is 204.446 millions. Our o/s is about 4.7 x Xm's. Do the math. . . . . . . .
Make that 47x, not 4.7x....using your formula, roughly $22 divided by 47 = .024, which is right where we were a few months ago. Is that the top end?
Also, XM did some massive marketing, which is part of the reason why they were so deep in the red at the beginning. You may have seen their advertisements on TV or during the commercials before a movie starts. They got some big names (Snoop Dogg, Christina Aguilara, etc) to push their product. Here we are, a week away from launch for the 3rd or 4th time, and there's still no major media campaign or any mainstream recognition.
It's just like the old physics lesson.. A boulder sitting at the top of a hill has a lot of potential energy.. but unless someone comes along to give it a push, it's not going anywhere. So far, I haven't seen anyone give QTV that push.
[This message has been edited by RobinO (edited August 22, 2004).]
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