This is my position right now as well.Originally Posted by SiriusOwner
Another key thing: This thing could go down before it goes up, and it could go BK before it does anything else. I am not saying that it will, but Sirius XM is a speculative stock and it is a very real possibility. Never invest anything other than speculative funds into a stock like this. Don't buy on margin, and do not "put all of your eggs in one basket" either.
As negative as SiriusOwner may sound, he also injects a dose of reality into the situation.