PDA

View Full Version : sirius-xm stock



mike o
10-29-2008, 09:25 AM
Well traders.. Bargin @ .34 cents /per share. I love my radio.... Any risk at 34 cents. Didnt go up much with big gains yesterday....

Surfer
10-29-2008, 11:00 AM
I bought right after the merge @ .90, sounds like a deal to me!

Forrest
10-30-2008, 05:15 PM
Yea, it's in the pits. I bought this stuff (SIRI) way back at $5-ish, $2.50-ish, $1.40-ish, and $0.90-ish. No more. Each time I though it was such a great buy and it couldn't go much lower. WRONG! At least I didn't buy too much at any of these levels.

SIRI's biggest problems:

New vehicle sales are DOWN, DOWN, DOWN.
FREE AM and FM radio are their MAJOR competator, and FREE radio is KING and will remain KING no matter what programming satallite radio has to offer.
2½% Convertible Notes due Feb 2009 ($300,000,000)


Ahhh, with that said, it's probably a buy, but I doubt that the stock price will make a big move upward anytime soon.

Maybe I can buy a little more at these prices with my Donzi.net Casino cash!

Donziweasel
10-30-2008, 05:40 PM
Lost half of my 100.00 I spent on Fountain Power Boats. .41 today.

I think Sirius is good in places where I live where we have one crappy station and it gets blocked by the mountains. I have Sirius and love it just because if I didn't have it all I would have is static. Problem is that most people don't live in rural places with one station. Right now, free is good and Sirius ain't free.

f_inscreenname
10-30-2008, 07:46 PM
I'm in at numbers I would rather not remember. I'm also shocked that they are still alive.