|
The professional analyists all think its way oversold, the real value is like $3 or $4 or even much less.
Downside:
Everything good that could possibly happen to this stock is already priced in.
Upside:
Satelitle radio is in its infancy. Think Comcast 15 years ago or whenever.
As a long term speculative buy, I think its a good value under $10 if you plan to hold for 5-10 years.
Thats my case - my stock buys are for 10 years from now when I retire.
As a short term play I'd get out soon.
Me, I have a very modest amount. 3000 shares - 1000 bought a few months ago and 2,000 24 hours after the Stern announcement. Wish I'd bought a lot more of course.
__________________
I have no signature
|