Sirius Xm

http://www.sirius.com/


Sirius XM Radio Inc. (NASDAQ: SIRI)4:05 PM ET on Dec 16, 2009Last PriceChangeOpenDay High52-Week High0.62
0.00 (0.243%)0.610.620.78VolumePrevious CloseDay Low52-Week Low12,692,5000.620.610.05
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is there any hope for this stock
i have a lots of it
should i sell or should i buy and hold

i hope you didnt but at its high...i would be pissed but i guess now would be a good time to buy catch it on it way down...sell on it way back up...IMO

yeah i got it when it was $0.16 and i had gat 2000 shares

i love the whole idea of it + i love howard (the real reason why i even know about them)

Yea I used to work for a brokerage firm I learned a lot I like to play the penny stocks a good way to teach my kids the stock market...

paid 320
if i sold now i
would get 1200

but if i hold it for some year mabey it would get back uo to 5-7 $ range
it not like i need the 1200 but i could use it

i think that one day they will go global
or even get an army contract or something
the merger was the best thing they could have done

This may be a bit off topic... but i love the Coffee House on XM.... awesome when on vacation driving to the beach, or just driving in general...

This is just my two cents; I work at RadioShack where we sell Sirius service and the radios. I don't see the company "going under" necessarily, but I also don't see any reason they would pick up any time in the near future. The sales of AM/FM/HD radios FAR outnumbers the Sirius sales (at least last time I checked the store at which I work). However, Sirius is still chugging along and rolling out new product (receivers, bookshelf units, accessories...etc). Again, I'm no financial expert, but that's just my opinion.

Sirius has had problems with paying off loans and such and almost went out of business for it. I cant really see this technology becoming much more mainstream than it is now so I couldnt see any big profits out of it. I also think that their contract with some major car company, i think GM, is going to expire in the next few years. That could be a big loss in revenue. i would get out now, 1 in the hand is worth 2 in the bush kinda thing. You made a decent stack of cash, be happy with it. Just keep an eye on the news surrounding it and if things are looking good buy in before that rush, if things look grim short the shit out of it

I would take your gains now. If you wanted to let some of it ride, sell half of your position now to lock in some of your gains. Personally, I would sell it all. I believe there will be a correction in the market in the next 3-6 months. This stock will get hit hard. Go safe for the first part of next year. Buy some bond funds depending on what the rest of your portfolio looks like.

thanks for all the input
i like what you have all said
but i'm thinking of not getting out just yet
i would like to buy at the least 10,000
and hold on to them
maybe move some when they get above $5.00
in 2000 it was trading at $60.00

(WTFH)



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It will never get back to 60 a share. Ride it for a while but I dont think there will ever be a huge calling for it, so I wouldn't expect a huge gain.

I remember watching it back when satellite radio first came out? Wasn't it over 50 or something at that point? Anyways, I almost bought some, but put it into something else instead... Glad I did that. All it's done is tank since back then.

it holding steady at 0.60$ thats good

That 5hit said:

it holding steady at 0.60$ thats good

Click to expand...

stern's contract is almost up, and I don't think they are in the position to give him what he wants...so he might be gone and I would think that will make subscriptions drop. With internet radio and Iphones streaming radio and so on, it may be a dying service....

EnkiGrower said:

stern's contract is almost up, and I don't think they are in the position to give him what he wants...so he might be gone and I would think that will make subscriptions drop. With internet radio and Iphones streaming radio and so on, it may be a dying service....

Click to expand...

stern and the current owner -our old friends from way way back , way before the merger, way before the thought of him even going to siri - so if anything this talk of contract is all about attention for the company - there 's no where else for stern to go - he cant go back to regular radio. 1 he wont go 2 they wont have him back

all apologies but fuck stern and his 6 days a week off, Ron&Fez 11 to 3 xm 202

Howard is going to be gone soon, and Sirius/XM will go back to being complete shit. I would focus much on his show to gather more information on when a good time to bail on your investment would be... but I thought Sirius/XM was going to be good, but the way the merger occurred sort of left a lot of good opportunities fucked.

Look I am no stock broker, but you put in 320$, right? Keep it in, you could make thousands of dollars and if not you lost a few hundred. Unless there are other things you are thinking are good to go into, stay for the long hall.

Mind you, the chances of getting what you want are better if you change your choice, statistically.

Peace