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Sirius Xm

That 5hit

That 5hit

Well-Known Member

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
 
blaze1camp

blaze1camp

Well-Known Member
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
 
blaze1camp

blaze1camp

Well-Known Member
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...
 
That 5hit

That 5hit

Well-Known Member
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
 
That 5hit

That 5hit

Well-Known Member
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
 
TheDifferenceX

TheDifferenceX

Well-Known Member
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... :mrgreen:
 
JazzCigarette

JazzCigarette

Member
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.
 
burnonedown21

burnonedown21

Member
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
 
greenthumbs2

greenthumbs2

Active Member
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.
 
four2zerOallday

four2zerOallday

Well-Known Member
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.
 
Iron Lion Zion

Iron Lion Zion

Well-Known Member
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.
 
EnkiGrower

EnkiGrower

Member
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....
 
That 5hit

That 5hit

Well-Known Member
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
 
GrowTech

GrowTech

stays relevant.
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.
 
Mr.KushMan

Mr.KushMan

Well-Known Member
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
 
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