115,000 shares @ 2.56 avg.
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"Sirius XM Radio is close to a deal with Liberty Media under which the DirecTV owner will invest in the firm in exchange for a large stake, the Wall Street Journal reported late Monday"
How many articles have there been with basically the same story? None of them have really said any more than what was originally written in the New York Post. Maybe it's just me but something just doesn't seem right.
Any thoughts?
That's quite a chunk of change :cool:
Ave pps - You know guy's I suspect that most of us here whether we have 2 shares at $3 or 4 mill shares at .10 - I suspect that we ALL need this stock to go. SiriusXMInvestor as significantly more $$ invested than i do and I have no doubt that the amount he has invested is VERY important to him - I have alot less $$ invested but I need NOT to lose it. I know that we are only supposed to invest in the stock mkt with money that we can afford to loose but ..... sometimes I think we just have to take a shot at things and hope to goodness that they workout. So .... after that longer winded diatribe - I have EVERY appendage crossed for tomorrow - for ALL of us!! Some weirdo suggested years ago that if I imagine things working out and visualize it - it will. Well - it did. Man am I imagining and visualizing now!!!
Cheers to all and I truely hope EVERYONE of us win!!:):)
Ok, you now need to do the right thing...buy the issue on its way up, start with $2.5K at .10, buy more more $2.5K lots whenever it reaches .20, .30 , .40 and so on...Then whenever you are done buying, start selling... sell 20% of you stake whenever you make 10% profit, next 20% whenever you reach 20% profits and so on... make sure that by the time you have made 25% profits, 50% of your stake has already been sold, then you will have a 25% drop cushion...and BTW, always use trailing stops...You can also sell the option calls along the way, this way you will get more downside protection...
Make sure not to buy on spikes, let the price settle..."If you can not wait, you should not be trading"...
And this way you will not expose all your $25K all at once. And you will always have cash in case the issue retreats (lets say from .40 to .20, you can buy more again at .20, .30 & .40).
That is called the law of attraction. I think it somehow works...of course, the visualization is not all... you actually have to make it happen by making the right decisions. Like my dad used to tell me when I was a kid "shit is not going to fall from the sky, you lazy son of a b...., wake up !!!"
"shit is not going to fall from the sky, you lazy son of a b...., wake up !!!"
Greatest line I have heard in awhile!