S&p reduces recommendation on shares of sirius xm radio to hold, from buy

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Originally Posted by Siriusowner

No I am not a fan. I am a trader. The company still sucks. Not for a long term investment.

I am basically doing what everyone did when the company was on its way down but I am doing it on its way up, once I reach my breakeven point of .47 cents or less (depending on how it averages down as time passes by) I am out, off the stock and off the forum !! The company sucks for long term investment.

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Siriusowner,

If you think the company sucks so bad, why do you think the stock could more than triple to .47?

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Originally Posted by Demian

Siriusowner,

If you think the company sucks so bad, why do you think the stock could more than triple to .47?

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Is tripling the stock price so hard for this company ? Shouldn't be. What is the stock price for Six flags ?, how about Fannie & Freedie and AIG ? Even GM.

By the way I do not have to wait until it goes to 0.47. I made a mistake, it is 0.57.