I'm puking......Are you buying, selling or holding?
I'm puking......Are you buying, selling or holding?
so i've gathered about a grand... i'm up in the air on putting it in my checkin and making a deposit in scottrade tomorrow to buy more siri after the news... what says you!?
bought more today at .136+, i own more than 67,000 now.
How are you feeling about SIRI right now M4svt? Obviously bullish if you bought more, are you expecting positive news from the Q4?
I have mixed feelings about it, but at the same time I think it will be up later on this year (say $1 Dec '09 target, to potentially avoid a RS). So I'm averaging down, so I can turn a profit. Obviously if we were going to go bankrupt, it would have happened already. We're still trading at BK prices (circuit city's last trade was 10 cents), so I think it can only go up from here. I am unhappy about the 40% to liberty, but it beats BK so... Plus, wishful thinking says Mel may talk his way into getting better terms from someone else before mid April, and maybe we don't dilute at all! This guy is a G, the way he had both DTV and DISH making offers when nobody is lending money, especially to a company with 20 year history and no profits... And honestly I think Q4 may suck, its sucked for car companies, so it should probably suck for us.
Thanks for the opinion m4svt!
I am hoping and praying we generate enough momentum to get to a $1 without the R/S as well. That would defeat the purpose of trying to accumulate as much as possible at these levels. I sort of get the feeling that Mel has a trick up his sleeve. Not sure what it is yet, but hopefully it has something to do with getting better terms......
I bought another 1200 shares today. I now have 14,279 shares at an average of .55 and will continue to buy as long I still believe in this company. Right now, I still believe. Call me crazy if you want.