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Old 12-08-2004, 02:04 PM  
cosis
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Join Date: Aug 2001
Location: Beach
Posts: 5,284
Quote:
Originally posted by liquidmoe
If you read the news articles attached the reason for the drop is that two companies downgraded their ratings of Sirius, based on the fact that the stock climbed too high too quickly, although they still believe in the fundamentals of the company they feel that the current stock price which is nearly 3x what it was 2 months ago is a bit over inflated. So if you got in early, stay for the long haul, the drop is just a correction that was overdue because of the inflation.
hold this puppy, it will be back up quickly
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