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How low is SIRI going to go?
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| How low is SIRI going to go?
- Click HERE to go to the original thread with graphics
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| Darthvedder |
| It's at 3.25 & droping |
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| kck0006 |
| I bought in at around 6.25 and got out about 4.50, pathetic |
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| booybob |
So low that xm might be the name of the merged company.
I thought the merger news was supposed to help sirius not act like an anchor. |
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| Darthvedder |
Quote: Originally posted by booybob So low that xm might be the name of the merged company.
I thought the merger news was supposed to help sirius not act like an anchor. |
Yea, no shit
I read an article how Sirius blew the deal by paying Howard WAY TO MUCH $$$... |
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| TLD |
| stocks are fickle. Its not really based on anything other than hunches |
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| buddysgirl |
Quote: Originally posted by kck0006 I bought in at around 6.25 and got out about 4.50, pathetic | ya bought high..when did ya buy that |
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| FunkyFresh26 |
It will reach $30.67 ...
in the year 2037 |
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| ba batrainwreck |
| Im selling tomorrow morning I fucking bought at 6.42 its gonna open tomorrow at 3.23 or lower Im done It was my fault for buying the stock I used my heart not my head. Its like betting on the team you love and want to win. :( |
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| Purity Knight |
Quote: Originally posted by ba batrainwreck Im selling tomorrow morning I fucking bought at 6.42 its gonna open tomorrow at 3.23 or lower Im done It was my fault for buying the stock I used my heart not my head. Its like betting on the team you love and want to win. :( |
If you've lost this much, why not just ride it out? If the merger goes through, your stock price could sky rocket. |
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| ba batrainwreck |
Quote: Originally posted by Purity Knight If you've lost this much, why not just ride it out? If the merger goes through, your stock price could sky rocket. | Im getting married in Sept and the money is my honey moon money. I got enough for Mexico not Italy. And if it goes any lower we will be going to Wisconsin :D |
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| FunkyFresh26 |
Quote: Originally posted by Purity Knight If you've lost this much, why not just ride it out? If the merger goes through, your stock price could sky rocket. |
I've been hearing that "it will sky rocket" since I bought it ... I don't buy the story anymore. I read that Sirius is doomed no matter what, merge or not. I'll hold on to it ... but I'm not expecting to ever see money from it. |
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| Kilgore Trout |
| Any news drops my fucking siri stock - only when they start making big profits is this going to go back up. |
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| bababooey2uall |
Quote: Originally posted by kck0006 I bought in at around 6.25 and got out about 4.50, pathetic |
bad, but better to get out at 4.50 than 3.20...or 2.20...or 1.20...or...
I could laugh at some of you "investors", but I've made far more stupid stock market moves than you could ever dream of making, so I'll keep my mouth shut. |
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| koalaman |
| I do not get the stock market. How the hell does a company who is selling so amny radios and getting so many subscriptions, doing so poorly? So poorely Howard was given an 80 million dollar bonus? I just dont get it |
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| bababooey2uall |
Quote: Originally posted by Purity Knight If you've lost this much, why not just ride it out? If the merger goes through, your stock price could sky rocket. |
Why not just ride it out? Maybe because you could lose 100% of the remaining part of your investment.
If you really believe in the stock long-term, a better move would be to sell now and buy back when it begins to show some strength, whether that be at $4 or at $2 (after hitting $1). |
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| bababooey2uall |
Quote: Originally posted by koalaman I do not get the stock market. How the hell does a company who is selling so amny radios and getting so many subscriptions, doing so poorly? So poorely Howard was given an 80 million dollar bonus? I just dont get it |
You don't get it....the company doing poorly and the stock doing poorly are not necessarily directly related. Sirius could start making big profits and if the general stock market tanked, then SIRI would probably still not do that well.
Maybe the stock was OVERVALUED based on hype at $8 and maybe its more realistic value is around $2 or so? Or maybe it is undervalued now and should really be $8. There's no real science to it, just the "wisdom" of crowds. |
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| ba batrainwreck |
Quote: Originally posted by koalaman I do not get the stock market. How the hell does a company who is selling so amny radios and getting so many subscriptions, doing so poorly? So poorely Howard was given an 80 million dollar bonus? I just dont get it | First of all there is way to much Volume for a 3 dollar stock . They flooded the market with shares and now its gonna be four times even worse |
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| sinistar |
| Im waiting until it hits .75 then ill buy :bigup: |
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| markijuano |
Quote: Originally posted by kck0006 I bought in at around 6.25 and got out about 4.50, pathetic | :lol: |
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| DaXX |
for a company that isn't even turning a profit right now i have no idea why they gave howie such bonuses ... i think its clear they overpaid for him...
my guess for why it isnt doing well is that people don't think the merger will go through... |
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| daven30 |
| I got in @ $3.00 a long time ago, and i'm getting worried |
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| drone1 |
Quote: Originally posted by Darthvedder It's at 3.25 & droping |
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| rod_jammer |
| They are losing $250 million every three months! Even if Howard worked for free they still wouldn't be a profitable company. I see this going to $2.50 or below |
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| adam |
Quote: Originally posted by Darthvedder It's at 3.25 & droping |
Scott's black cloud knows no bounds. |
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