Originally Posted by
candleman
Julie, Romo, SoCal, Bassmaster..... Here's my two cents worth.
SIRI is becoming a REAL stock again. It's days as a penny stock are over.
With that in mind, consider this. A REAL stock like Ford, GE, Coke, Walmart, Sears,...whatever, usually doesn't correct more than 5 to 10% before it starts to climb again. Let's say SIRI takes a 10% correction. That only puts it at 52 cents. And that's a what if. There is a lot of positive news that can have a positive effect on SIRI. So, the 10% correction may not happen this week or next. If a person buys at 58 cents, sooner or later, they are going to profit from that buy. If you wait till 65 cents, you lose some potential profit. I've been buying a few thousand shares everyday for the last week. It's been a pretty profitable ride so far.
I know, I know.... I'm just too damn positive. But, it's how I feel about this company. I really think the worst is behind us and other investors are going to start jumping in before the so called boat leaves the dock without them.
With all of that in mind, here is my usual disclaimer. I'm a friggin' candlemaker, so what the hell do I know?
Have a great Sunday everyone. Julie, enjoy Chicago, it is a really wonderful town.
Chuck