SIRI Shows No Sign Of Stopping
 

http://finance.yahoo.com/q?d=t&s=SIRI

Looks like by months end we'll see a new HOY.

Those of you who have SIRI in your portfolio, whats your sell price currently set at?

Im looking to sell of 50% of my stock at the 8.5 price range.

Regards,

Lee

http://www.thestreet.com/_yahoo/fund...FREE&cm_ite=NA
Richard says sell.

I am looking to sell at around 9, and I got in very early. :winkwink:

Market analysts say to buy..

http://biz.yahoo.com/ap/051209/siriu...over.html?.v=1

Personally, im holding strong until we see the $8+ price range, if it shows signs of slowing down over the next 10 days i may re-evaluate my position with the stocks.

Right now though, its definately looking like SIRI is the stock to have in our portfolios :)

Regards,

Lee

I have a very few that I got today. I am really hoping that it will double after x-mas.

Depends on how many Stern fans get a new toy for Christmas :upsidedow

IMHO, the chances of it doubling within the next 12 months is slim.

Buying a small amount of stocks is also counter-productive, i make it a point to never buy less than 2500 shares of a stock priced above $5 that way, the stock only has to move a few points for me to break even on the buy.

Looking at a 100% profit margin id say is unrealistic for any stock unless its a new IPO, such as the Mastercard IPO thats coming next year sometime.

I look for a profit of around 15-20% for each purchase i make which happens more often than not.

Regards,

Lee

Richard is an idiot that had to retract his statement yesterday that you had to pay extra for the Stern channels. He obviously hasn't done his DD and is just a hack.

I plan on selling part of my position at $9. That would all depend on how much more upside is showing.

got 10k shares years back at .85 =)) holding strong! I see no reason this wont end up over $20+ soon

BTW who left the door open and let lee crawl back in? :winkwink:

SIRI will be at $25 a share by mid 2007

heard it here first

I dont see why not :thumbsup

ESRX has been my best pick so far this year, bought 500 shares a few months ago whe it was at $57.

Its now up to $90 a share :)

Once it hits $95 ill be selling.

Regards,

Lee

I bought 1000 shares yesterday at 7.41 when should I sell it?

What are you goals? I am hanging on as long as I can myself. First you have the sub announcements that I am confident are going to deliver after the holidays. Next you have Stern starting (I believe he can produce much more upside). Not to mention Mel claims profitability by late Nov. 06. When that happens a lot of money sitting and waiting on the side lines will jump in.

I am sure it will dip in the summer but nothing like last year. The short sited people don't understand the company has come a looong way since last year.

Do your DD and good luck :)

Be careful, SIRI is being manipulated by the Street very heavily right now. It's in "pump" mode at the moment, and will shortly transition to the "dump" phase. Analysts and their firms make money both ways on the sales volume and large commission, hence as soon as they sense that sales have peaked they'll reverse the trend.

Be sure to use stop-loss barriers to protect yourselves, and don't get greedy. You will absolutlely get burned early next year if you don't. (I have a lifelong friend that is an analyst at Merill Lynch, it would shock you to hear just how manipulated the market really is.) Watch it.

I have my sell in at $10, which it should be at by 2q next year, hopefully =]

remember Lee, that what I call a small purcahse you may look at as large.

Thats interesting.. I read an article yesterday about how you should dump your shares of SIRI and get into XMSR.

Its overrated. Always has been. Its a 3-5 dollar stock and just like last time it ran up it will plummet again

siri does this all the time, BE WARNED!

low volume on these highs, plus it hasn't taken out dec o4 high yet.

This would have been a great stock if it came out 6-8 years ago. Unfortunately the boat has left on unneeded crap and soon it will come to a crash.

There will only be room for ONE satellite radio company. Stern is great, but without the iPod deal they are dead money long term

And nomatter what , XM or Sirius...neither is GREAT long term. This just isnt the type of expense people will be bothering with in 5 years

Siri is nice but I think it's risky after the first of the year.. Seems to me they are betting everything on Howard Sterns success in bringing over new members. If it doesn't go as well as they hope it's gonna tank.. Right now it building all on hype IMO.

Check out http://finance.yahoo.com/q?s=GZFX.OB I've already made over a 100% on this one and it dropped back down and I'm in it again waiting it's next run. Which should be before Jan.