I was thinking of buying stock in sirius do you guys think it a good investment any opinions would be helpful.
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I was thinking of buying stock in sirius do you guys think it a good investment any opinions would be helpful.
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Please discuss the stock over in the stock talk forum.....there is a lot of info and commentary over there.Quote:
Originally Posted by sydneysky84
Investor: Please review 2-year stock chart. This should answer some questions, maybe.
just look at the sirius logo
great product but as a stock its a dog. people have lost alot and still are losing alot of money. i was looking to get in at .35 with the expectations of losing it.
:out:
Demian this is the stock talk forum. Is it not?!?!?
Yes it is.....this thread was moved here after my post. This link shows that it was moved...Quote:
Originally Posted by dnay1969
http://siriusbuzz.com/forum/forumdisplay.php?f=2
sorry new to the forum i dint know there was a stock thread it wont happen again lol.Quote:
Originally Posted by Demian
sydneysky84,
Welcome to the forum! I was only trying to guide you to where the stock was being discussed so that you could find the info you were looking for. No big deal, but don't let it happen again or no milk and cookies for you.....LOL.
I had that same attitude, buy when its cheap buy when its cheap, but if you don't want 3 or 4 years of just trying to get back to 2.00 a share, possibly going bankrupt in the process, I would stay away from SIRI.
Be smart, unlike me, and invest in a company that has positive cash flow, not billions in dept, wish I could get off my crappy shares, but I can't now.
see I could just tell you to buy buy buy, like everyone in here says, but I orginally followed their advice, now im at a loss and still losing.
And the more buying adds valuation, but I wanted to be honest with you and tell you to save the heartache and stress for yourself, thats the best advice I can give you. Buy into GE, or microsoft, or companies that aren't sitting on nearly 2 billion in dept that no one wants, including the market, as you can see at .40 a share, don't let the price fool you, thats what its worth.
SIRI is 90% down from it's 52 week high......way oversold.
SIRI has less downside risk and more upside potential at this level....IMHO.
Demian, when I used to trade penny stocks (and now find myself doing it again) I used to say that all of the time. I can't tell you how many times my investments went to 0. Yeah, you hit the lottery every now and again and it feels great but the odds are horrible.
How many penny stocks did you trade in companies with between 2 and 3 billion in revenue?