Once again, I agree with Tripping as he has agreed with me, at least once, lol, that this is the way the mop flops in a free economy.
But, at the same time, my heart sincerely goes out to people that got bent over with this whole deal. Like somebody said the other day, it must be "Gut-wrenching" and I really truly feel for you.
The big wheel keeps on turning and it will get positive again. We are NOT in a depression, and as a matter of fact, this whole economy thing is really light compared to the other recessions. People will get bored with it and start buying again soon.
I am confident that SIRI will come around, but I don't know for sure. I am in for the ride....if I lose it...oh well...If I re-financed my house for it, then I deserve what I get.
Like Tripping who bought at .19, he doesn't have much to lose...I bought at .16, so neither do I, but believe me, I want to see everybody win!
Friday's trading volume was light, but it seemed like everything came into a more orderly fashion. SIRI was actually acting like a stock. Check the chart out for Friday if you haven't all ready. The chart was so smooth and the shorts couldn't work their magic. This coming week "could be" a possible indication....MAYBE....but it will be worth watching on Monday.
I believe the best thing for SIRI owners to do is Quit Selling! The investors are cutting their own throats for a wee little profit. Taking a risk to short a .13 stock is nuts in my opinion, but I don't know anything.
Anyway, that is where my head is at...so I say long for Sirius and hold.
Have a great evening.