Sure. What makes you think I have lost $1440 in this trade ? That was the original cost. Nothing has a straight line up or down.
Printable View
GOOG lost almost 70% of its value. GE lost 70% as well. Apple's stock seen a 60% loss. 3M almost 50%. And I'm referring to the lows of the year obviously. My point is stocks with fundamentals have been pounded. Maybe not 96%, but 70% down is NOTHING to be happy about.
So in this Fear-filled environment it's time to pick up some risky stocks. Lots of them will be 10x baggers in the future, some will go Bk. People get greedy and people get fearful. I'm here to capitalize on that, lol.
There nothing wrong with buying when there's blood in the street; however, when there's blood in the street there's no need to get overly greedy. If GE lost 70% ,3M 50%, Apple 60%, why not invest in them ? They look very attractive at these prices and they have sound fundamentals. Why penny stocks ? I do not understand, if you want risk, there's risk even if you buy GE at its current price. Why Sirius ? Is it the adrenaline ? Is it like a forbbiden love ? Is it like the original sin ? Am I missing something ?... TELL ME WHAT IT IS !!! I am beginning to short circuit here... Buying Sirius is completely irrational, then again, you humans are irrational creatures, that may be it... yes I am sure that is it !
I already own all of those haha. I need a risky stock for big rewards. I like the company, I like the product, I have both XM and Sirius, I think Howard's great and I like Mel's history. So with that said I think sirius is much better than terrestrial radio, great on long trips, love the commercial free siri. And I think the pay radio model will work. So I bet on the stock going up.
pffff excuses, if u bought it at 50 something cents your down quite a bit no matter how u spin it.
How about the risk ? Big and unlimited too ? I like Sat Radio too, that did not make me want to invest on it.
Anyway, everyone in the forum performed the same analysis as you did when they bought some SIRI's shares... unfortunately, some ended up paying dearly for their mistakes. Check this post:
http://siriusbuzz.com/forum/showthread.php?t=1139
It does matter, because you have been gloating in several threads about how you were right about your .10 call when you were telling people that it was safe to buy @ .14 just a short time ago. Why not start a thread saying you were wrong about your .14 call? When was it again that you called for .10? I have searched the threads and I can't find where you said it was going to .10. I did find the post where you said it was safe to buy at .14......
Why not start a thread that says "I told y'all it was safe to buy at .14 and I was wrong"?
There are a lot of people down huge with their SIRI positions. Does it make you feel better about your situation to kick others when they are down?
WOW IM GONE A COUPLE DAYS AND WE ALL TURN ON OURSELVES LIKE A BUNCH OF DOGS....:boxing:
for the record siriusownes is right we will see single didgets before we see a quarter over the next month or two,as mel will dilute to pay debt ..stock will go down we are at .118:eek:
but long term after debt and dillution I love sirius xm story I sold half by stock when it was .17 and the rest at .145 after proxt meeting and will by all back next year when it goes to .08 after mel pays debt.. rather than hold and watch stock drop when you know it will drop.. peace:thumbup:
you just want to go to 8 cents so u can get back in even lower, will tough luck apex thast isnt gonna happen.
so what happens if they refinance in any part of the debt ? nothing unless revenue is there right ? no matter what , the stock has to stay above 1.00 to not be delisted right ?
yea but we got all of 2009 to get there
Now, now... much of this thread has turned into useless banter. :gfight:
People, the stock market itself is all about speculation. Everyone does their own analysis, and everyone comes to different conclusions. You know what happens everytime you buy a share of stock? Someone else sold the stock at the exact same price... that means that two seperate people analyzed the stock, and came to two completly different conclusions.
So stop arguing! Everyone is free to voice opinions.
dont worry newman we're not arguing, at least im not.
i hope it wasn't me .