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Player Avatar NoblyNaive (81.19) Submitted: 2/20/2013 2:32:09 PM : Outperform Start Price: $3.14 SIRI Score: +5.76

Very strong competitor in a limited field. Year end SEC filing has all sorts of caveats about bad things which could happen, but LM did not buy in majority share to lose money. Close look at their subscriber numbers shows they are packing on subscribers much, MUCH faster than losing them (loss = about 2% per month = about 24% per year). Subscription income has been ploughed back into many avenues of growth. All that needs to happen to have awesome free cash flow is for SIRI to take a breather on spending their impressive income acquiring more subscribers.

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