Daily Archives: August 2, 2008

Could Sirius (SIRI) Become A Penny Stock?

SiriAt the end of 2005, shares in Sirius (SIRI) were $7.87. At the end of 2006, they had fallen to $3.90. They now trade at $1.46. Seeing the stock price being cut in half every year or so does not prove anything other than that investors have questioned the company’s prospects more over time. That questioning could become more severe, and there is some reason to believe that Sirius could trade under $1 by the end of the year.

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Posted on: August 2, 2008 – 4:40 am in Earnings Warning, , ,

Breaking Tradition, Whole Foods (WFMI) Becomes A Discounter

Whole_foodsFor years, Whole Foods Market (WFMI) was a fast-growing company with an ever-increasing stock price, buoyed by increasing demand for all-natural and organic foods and consumers who were willing and able to shell out big bucks to eat healthy.

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Posted on: August 2, 2008 – 4:21 am in Food,