I know I am switching to SATT. Radio .I just checked the stock portfolio looks good I would not sell it yet .Wait untill it breaks $10.it is at $7.55 now.Good luck I have 1000 shares also.:winkwink:

I plan to hold onto my share for a while but I will be putting a trailing sell order in case it goes down.

As long as keeps yacking we will be making money on it.

Mel K.

Nuff said.

smart thing to do is cash your own money plus 10% Leave the rest in the stocks. In that way...you got your money back. You made 10% and how knows what will happen.

IMO, downgrades often mean that the companies downgrading want you to panic and sell them your shares - because they are panicing wanting to buy some at a good price.

Especially in situations like this where you know the company is doing good things with a good future ahead of them.

XM is far superior. Who wants to listen to Howard Stern arguing with his staff for hours & callers calling in who ass lick him sympathizing with him about him leaving. The show will never be like it was in the beginning.

Got to stick with Lars on that. Sell half. You have your money back. The even if you loose the other half, you lost something that you never really had in your pocket. And if you loose it you can make the lose claim on your tax's

sell some now to lock in your profits, that way you won't kill yourself when it tanks

i thought oi owned 10,000 shares but i checked and found out that my order for 3.25 was not filled,damn!!!!!!!!!!!!!1

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.

Make that shares!:1orglaugh