A Jump With SIRI
I first wanted to say that I am happy to have Blain back posting. Although he was never officially gone, it is always wonderful to have his experience and knowledge mixed into this blog.
As we draw closer to the end of the contest, competition tends to heat up a little bit. People are beginning to want to get to a certain rank, and are willing to take a chance to get there. My latest jump is going to be with Sirius Satellite Ratio.
The company has been posting a fair amount of news lately, and today experienced more than double average trading. I am expecting/hoping for a jump up tomorrow. I am buying 7,000 shares tomorrow at the market open, so we will see if my gamble is right. I feel this stock could hit $8.00 by the end of this contest; but as always, time will tell
Good Luck With Everything!
MDZ
As we draw closer to the end of the contest, competition tends to heat up a little bit. People are beginning to want to get to a certain rank, and are willing to take a chance to get there. My latest jump is going to be with Sirius Satellite Ratio.
The company has been posting a fair amount of news lately, and today experienced more than double average trading. I am expecting/hoping for a jump up tomorrow. I am buying 7,000 shares tomorrow at the market open, so we will see if my gamble is right. I feel this stock could hit $8.00 by the end of this contest; but as always, time will tell
Good Luck With Everything!
MDZ
posted by Mark Zimmer at
8:14 PM
1 Comments:
You used the words: “hoping” & “gamble”. The minute I see this is the minute I know the investor is destined for doom! Hope is one of the worst possible emotions that an investor can have, especially a novice. 42 million insider shares have been sold over the past several months (I think they know what’s going on). Stay away from dead stocks with poor EPS ratings and negative balance sheets! SIRI is a company with Howard Stern hype and nothing more. They lost more than a quarter billion dollars last year! For more than a year I have been telling everyone I know (especially my bloggers) to stay away from this stock. If a company can’t turn a profit; why would you want to buy the stock?
I am not trying to dig into you, I am trying to shed some light.
-Chris
By
Chris Perruna, at 10:24 PM
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