Originally Posted by
proactiv
I just started investing in SIRI this past January. Have made a few trades, basically buying in the .30s and selling in the .40s. Realized about 7K doing this.. I'm holding 73K shares right now with an acquired value of .385/share. I'm planning to sell if we hit .45 or greater prior to the 6th, then re-acquire after the 6th, as I believe we'll decline again afterward. At that point, my strategy will be to buy in big and wait for the next quarter. Maybe do the same for a couple of more quarters, or until I believe holding for the long term is the best bet.
I do not believe that we will see any solid and sustained increase in SIRI stock until first or second quarter 2010.
Anyway, that's my strategy.